Business
- USThe Milford Daily News
Former Milford police chief reaches $75K settlement in defamation suit against town
Thomas O'Loughlin's lawsuit against the Town of Milford and two former Select Board members was reported to the court as settled on April 29.
2 min read - BusinessInsider Monkey
Conestoga Small Cap Strategy Fully Exited Axon Enterprise (AXON) in Q1
Conestoga Capital Advisors, an asset management company, released its “Small Cap Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. Conestoga Small Cap Composite returned 3.69% in the first quarter compared to 7.58% for the Russell 2000 Growth Index. The market continued to rise in the first quarter as many major […]
3 min read - BusinessGreenville News
Duke settlement could mean less drastic price hikes in rate case, affordability study
As Duke Energy's controversial rate case continues, the company's proposed settlement could keep cost hikes from reaching the initial 20% increase.
4 min read - StylePackaging Gateway
Eastman and Pact Collective link on coloured PET waste recycling
The Pact Collective manages beauty packaging take-back programmes at retail and consumer levels.
1 min read - BusinessBloomberg
Appetite for Riskier Yen Bonds Robust as Yields Seen Higher
(Bloomberg) -- A strong pipeline of yen corporate bonds suggests there’s good appetite for riskier bonds with shorter tenors given an uncertain outlook as to how far the Bank of Japan will raise interest rates. Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksASML and TSMC Can
2 min read - BusinessElectronic Payments
Swift standardises payments end-to-end, gives banks ready-to-use tracking services
Swift streamlines the cross-border payments experience for corporate customers by extending ISO 20022 across the entire payment chain
2 min read - USThe Daily Record
A record-setting year for West Holmes FFA members with top showing at state convention
Of the 13 graduating seniors in the FFA program, 12 have state degrees, and of the 15 juniors, 12 have state degrees.
5 min read - BusinessBloomberg
JD.com Aims to Raise $1.5 Billion Through 2029 Convertible Bonds
(Bloomberg) -- JD.com Inc. is issuing $1.5 billion of bonds that are due in 2029 and can be converted into the Chinese e-commerce retailer’s equity.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksASML and TSMC Can Disable Chip Machines If China Invades TaiwanThe Hong Kong and
1 min read - BusinessVerdict Food Service
Inspire Brands unveils flexible development options for franchisees
The initiative aims to work with operators to enable growth across different types of real estate and development opportunities.
2 min read - BusinessBloomberg
What a World Growing Older Fast Means for Investing
(Bloomberg) -- Idanna Appio spent 15 years at the Federal Reserve Bank of New York analysing the history of sovereign debt crises. Now, as a fund manager at the $138 billion First Eagle Investments, she’s reached a conclusion: US Treasury bonds are too risky to hold.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on
7 min read - BusinessBusiness Insider
I flew American in economy from Dallas to New York. The plane had a tablet-holder instead of seatback screens and I prefer it that way.
American has installed tablet holders on many of its narrowbody planes. It's not a fan-favorite, but I like it.
9 min read - BusinessReuters
New approaches may be needed to regulate AI, says Bank of England policymaker
LONDON (Reuters) -Artificial intelligence could be fundamentally disruptive but help boost productivity in Britain's economy, posing a challenge to regulators who should be open to new rule-making approaches, a Bank of England (BoE) policymaker said on Tuesday. Britain has so far taken a cautious approach to formulating bespoke rules for AI, unlike the European Union, whose members on Tuesday formally backed landmark new rules that will likely set a benchmark for other countries. BoE Financial
2 min read - WorldWorld Construction Network
LandSouth begins construction on Tuscany Village project, US
The Tuscany Village project will feature a Class-A apartment community with seven identical four-storey buildings.
2 min read - BusinessHotel Management Network
IHG signs three properties in Turks & Caicos
The resorts will be developed in collaboration with Molo Hotel Group and Lighthouse Hotel Management.
2 min read - WorldPackaging Gateway
US DoC finds unfair trading on imported paper shopping bags
The federal department found up to 308.13% of combined dumping margins and subsidy rates.
2 min read - BusinessBloomberg
Philippines Warns of Intervention as Peso Drops Past Key Level
(Bloomberg) -- The Philippine central bank warned it will intervene in the currency market after the peso dropped past the key 58-per-dollar level.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksASML and TSMC Can Disable Chip Machines If China Invades TaiwanAuthorities will s
2 min read - BusinessMotley Fool
Berkshire Hathaway's Mystery Stock Revealed: Here's Why It's an Ideal Warren Buffett Stock
Berkshire Hathaway revealed it invested $6.7 billion in this large-cap insurance company.
5 min read - BusinessHotel Management Network
Sabre and Uplift collaborate to offer flexible hotel payments
The collaboration will see the integration of Uplift's pay monthly option into Sabre's SynXis platform.
1 min read - BusinessAFP
Markets retreat as traders take profits, eye commodities' spike
Markets in Asia and Europe suffered a downturn Tuesday after racking up a series of gains as profit-takers stepped in, while traders were also spooked by a surge in commodity prices.After a mildly positive day in New York, where the Nasdaq hit a record high and the Dow ended down from Friday's record, Asian investors were cautious as they eyed rising commodity prices.
3 min read - USThe Bergen Record
Developer of Nabisco Fair Lawn site finally resumes demolition, after year-long delay
Efforts to implode the Route 208 tower were put on hold a year ago, amid contamination concerns. Now, plans call for a "quite slow" dismantling.
2 min read - BusinessOffshore Technology
Phillips 66 to acquire Pinnacle Midstream in $550m deal
Pinnacle's assets include the Dos Picos natural gas system, which features a 220 million cubic feet per day (mcf/d) processing plant and a 128.74km gathering pipeline.
1 min read - BusinessOffshore Technology
Chesapeake Energy initiates lay-offs following oil assets divestiture
The lay-offs are not related to the company's pending multibillion dollar merger with Southwestern Energy.
2 min read - BusinessMining Technology
Rio Tinto announces force majeure for Queensland alumina shipments
This declaration comes as the company faces a shortage of gas to power its operations.
1 min read - BusinessPackaging Gateway
GAIA Biomaterials’ Biodolomer T gets BPI compostability certifications
Biodolomer T is based on limestone and boats up to 80% CO₂ emissions reduction when burnt.
1 min read - BusinessPackaging Gateway
Xampla CEO on demand for sustainable FMCG packaging
Under Alexandra French's leadership, natural material company Xampla is on a mission to rid the world of the most polluting single-use plastics.
4 min read - LifestyleThe Holland Sentinel
Overwhelmed by spring cleaning? This expanding business can help
The company employs locals to help with everything from painting to decluttering to odd jobs to junk removal.
1 min read - LifestylePetoskey News Review
Apple Blossom Baby moves into former Circus Shop building
Apple Blossom Baby and Decor sells children’s clothes, strollers, decorations and more.
2 min read - BusinessPharmaceutical Technology
AstraZeneca to establish $1.5bn ADC production site in Singapore
The design and construction of the site will begin by the end of 2024, to be operational by 2029.
2 min read - BusinessRetail Insight Network
GrubMarket completes acquisition of US software platform Butter
The acquisition will bolster GrubMarket's AI-powered e-commerce and payment technologies.
2 min read - USThe Enterprise
Abington home that sold for $636K in Island Grove area offers majestic sunsets
Here are the property transactions recorded for the week of Feb. 20 to Feb. 23 2024, in the Brockton area, according to The Warren Group.
11 min read - USChicago Tribune
Youngest captain with Chicago’s First Lady Cruises is anchored by her love of the job
CHICAGO -- The last time we saw Diamond Gibbs, then a mother of one and a senior deckhand on the Mercury Skyline Queen, she was keeping an eye on the water to make sure her passengers and other boaters on the Chicago River were safe while enjoying themselves. That was in the fall of 2019. These days, the West Garfield Park native is at the helm of the boats that are part of Chicago’s First ...
5 min read - BusinessBloomberg
Carlyle Raises $2.8 Billion for Largest Japan Buyout Fund
(Bloomberg) -- Carlyle Group Inc. raised 430 billion yen ($2.8 billion) for its fifth Japan buyout fund, adding to signs of investor interest in the country despite a gloomy fundraising climate for private equity firms globally. Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US Stock
1 min read - BusinessBloomberg
US Regulator to Issue Carbon-Credits Rulebook Within Months
(Bloomberg) -- The US Commodity Futures Trading Commission expects to finalize its guidance for carbon credits within the next six months, as it pursues a broader crackdown of fraud and manipulation in the embattled market.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksASML
3 min read - WorldBloomberg
Oil Tankers Forced Out of Greek Gulf Again as Navy Drills Resume
(Bloomberg) -- A handful of oil tankers that had entered the waters off southern Greece to transfer Russian petroleum were forced to depart again after the local navy re-issued a notice that it would carry out exercises in the area.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US St
1 min read - BusinessBloomberg
India’s $6 Trillion Derivatives Frenzy Has Government Worried
(Bloomberg) -- The surge in Indian equity derivatives that’s driven up volumes to the highest in the world is spurring concern among the nation’s policymakers that the frenzy may hurt efforts to harness household savings for productive purposes. Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bu
1 min read - BusinessBloomberg
Alibaba sparks China AI price war with spate of steep discounts
Alibaba slashed prices for a clutch of artificial intelligence services by as much as 97%, spurring an immediate response from Baidu Inc. in potentially the start of a price war in China’s nascent AI market.
2 min read - USAFP
'Incognito Market' founder arrested in New York
A 23-year-old man from Taiwan has been arrested on charges of selling tens of millions of dollars worth of illegal drugs online through a site on the dark web known as the "Incognito Market."Incognito Market, which was shut down in March, was an online dark web marketplace that allowed users to buy and sell illegal drugs anonymously, according to the Justice Department.
2 min read - USThe Monroe News
Monroe County agriculture: Beginning gardeners should start small
In this week's agriculture column, Ned Birkey discusses Canadian wildfire smoke, corn planting, nitrogen loss, wheat diseases and vegetable gardening.
4 min read - BusinessLeasing Life
Time Finance in partnership with Nivo to bring biometric identity verification
Nivo's technology also includes E-signature functionality, allowing Time Finance to increase its E-signature document limit from £100k to £250k.
1 min read - BusinessMotor Finance
Optimism over Discretionary Commission Arrangements: VRA told
Delegates at the Vehicle Remarketing Association (VRA) meeting were given 3 reasons for optimism over the discretionary commission arrangements (DCAs).
2 min read - BusinessVerdict
Interview: Luminance CEO Eleanor Lightbody on what enterprises need from this year’s AI Safety Summit
Eleanor Lightbody, CEO of Luminance, talks to Verdict about why this year's AI Safety Summit has less attention than the last, and discusses the growing issue of AI washing.
4 min read - BusinessBloomberg
Asian LNG Prices at Highest in 2024 on Resilient Summer Buying
(Bloomberg) -- Asian spot liquefied natural gas prices rose to the highest since late-December as the region’s importers continued to snatch up shipments for delivery over the summer months.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksASML and TSMC Can Disable Chip Machine
2 min read - BusinessReuters
IBM makes more AI models open source and lands Saudi Arabia deal
International Business Machines on Tuesday said that it will release a family of artificial intelligence models as open-source software, and that it will help Saudi Arabia train an AI system in Arabic. Similar to Facebook owner Meta Platforms, IBM is instead providing open access to the models themselves and on Wednesday opened its "Granite" family of AI models for companies to customize.
1 min read - BusinessAutocar articles
Maxus Mifa 9
MG's commercial sibling branches out with a luxury seven-seat electric MPV
2 min read - BusinessBloomberg
Investors Pull €10 Billion in a Year From Europe Property Funds Amid Watchdog Concerns
(Bloomberg) -- Retail investors pulled €10.2 billion from euro-denominated real estate funds in the year through April amid warnings that falling valuations could create liquidity pressures for the products.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksASML and TSMC Can Dis
2 min read - BusinessBloomberg
Oil Extends Decline as Market Metrics Point to a Weaker Outlook
(Bloomberg) -- Oil fell as metrics showed signs of a weaker market despite an uptick in geopolitical tensions before an OPEC+ meeting on supply.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksASML and TSMC Can Disable Chip Machines If China Invades TaiwanBrent’s prompt spread
1 min read - BusinessReuters
Britain seeks to rein in Mastercard and Visa fees on retailers
LONDON (Reuters) -There is little evidence that big fee hikes imposed by U.S. duo Visa and Mastercard on retailers have led to a major improvement in service, Britain's Payment Systems Regulator said on Tuesday, flagging concerns competition was not working. Visa and Mastercard have long dominated the market for payment cards, spurring UK lawmakers to call for closer scrutiny from the PSR, given that consumers end up paying the fees through higher prices for products and services bought. A rep
2 min read - BusinessTipRanks
Up 88% in 1 Month, Has ZIM Stock’s (NYSE:ZIM) Ship Sailed?
When I covered ZIM Integrated Shipping Services (NYSE:ZIM) stock a month ago, it was trading at $10.24. Today, shares in the Israeli company trade for $19.18. The stock has surged 88% over the last month, as sentiment improved and analysts noted strong tailwinds in the container shipping sector. At the current price, I’m neutral on ZIM, as there’s a chance that the ZIM ship has sailed. Despite the positive transformation the company appears to be on, I just need more data to justify the surging
4 min read - BusinessAFP
Crunch time looms for BHP's bid to buy Anglo American
Mining behemoth BHP must overcome major hurdles to salvage its faltering pursuit of rival Anglo American, analysts said Monday as a midweek deadline over the seismic takeover bid approaches.BHP did not reply to a request for comment from AFP. Anglo American said: "UK laws restrict us from commenting ahead of the deadline." sft/arb/dan
3 min read - BusinessCoinDesk
NYAG Takes Victory Lap as Court Approves Genesis Settlement
NYAG says the settlement will establish a fund for New Yorkers who invested more than $1.1 billion in Genesis through the Gemini Earn program and blocks Genesis from operating in the state.
2 min read
