Business
- BusinessBloomberg
Yen Swings Stir Talk That Japan Is in the FX Market Once Again
(Bloomberg) -- A late yen surge in New York fueled speculation Japanese authorities intervened for a second time this week, before the currency began to weaken again in Tokyo trading, paring much of the move.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTreasuri
5 min read - BusinessTipRanks
Philip Morris Stock (NYSE:PM): Strong Q1 Results to Fuel Gains
Philip Morris (NYSE:PM) posted its Q1 results last Tuesday, with numbers coming in very strong across the board. The global tobacco powerhouse saw impressive growth in both its Heated Tobacco and Oral Nicotine divisions. Even its supposedly waning Combustibles division recorded growth in revenues despite a tiny decline in shipment volumes. With the company poised for continued success, management revised its guidance upwards, forecasting another year of record earnings. Thus, I’m bullish on PM s
4 min read - BusinessBloomberg
Gold Pushes Higher as Fed’s Message and Yen Swings Spur Gains
(Bloomberg) -- Gold edged higher as the Federal Reserve struck a less hawkish tone than expected when holding interest rates steady, and Japanese authorities were suspected to have intervened to support the yen, hurting the dollar.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an
1 min read - BusinessGuruFocus.com
Insider Sale: CFO Michael Stock Sells 20,000 Shares of Liberty Energy Inc (LBRT)
On May 1, 2024, Michael Stock, Chief Financial Officer of Liberty Energy Inc (NYSE:LBRT), sold 20,000 shares of the company.
1 min read - USThe Daily Beast
NY Philharmonic Musician Accused of Sex Assault Sues to Get His Job Back
Charly Triballeau/AFP via Getty ImagesA horn player sidelined by the New York Philharmonic over a vile sexual assault allegation is suing the venerable symphony orchestra for his job back, insisting the encounter with a fellow musician who says she was drugged and raped ”was consensual” and that “no drugs were involved.”Details of the alleged attack first publicly surfaced in a New York magazine article published last month. “A Hidden Sexual-Assault Scandal at the New York Philharmonic,” the hea
7 min read - BusinessBloomberg
Oil Stays Weak as US Stockpile Surge Highlights Demand Concerns
(Bloomberg) -- Oil held a drop as a big jump in US crude inventories added to concerns about weakening demand.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTreasuries Rally With Fed Not as Hawkish as Feared: Markets WrapBrent for July traded near $84 a barrel af
1 min read - BusinessHousingWire
Zillow believes the evolution of the industry will only help it grow
“Of the approximately 1.5 million real estate license holders, many handle only one or two transactions a year. These are not our Premier Agent partners,” Zillow's Rich Barton said.
4 min read - BusinessMotley Fool
Here's the Single Best Way to Save Money on Business-Class Flights
Paying full price for a business-class flight can be costly, but there are ways to score a deal. Find out how to save money on a business-class ticket.
4 min read - BusinessBloomberg
India’s Anthill Seeks $100 Million for Private Credit Cross Fund
(Bloomberg) -- Indian-based firm Anthill Ventures plans to launch a hybrid fund focused on the startup sector as investors flock to the Asian nation amid a slowdown in the Chinese economy.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTreasuries Rally With Fed No
1 min read - USKARK
Jefferson County judge signs off on payroll, issues court order withholding two paychecks
Around 400 Jefferson County employees will be getting their paychecks after an ongoing controversy, although a day late.
3 min read - BusinessBloomberg
Hong Kong’s Stock Rally Faces Test With China Inflows on Pause
(Bloomberg) -- One of the chief buying forces behind Hong Kong’s world-beating rally is out of action for the next few days, likely leaving the market without a crucial pillar of support.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTreasuries Rally With Fed Not
2 min read - BusinessBloomberg
Japan’s Kanda Declines to Say If Authorities Intervened on Yen
(Bloomberg) -- Japan’s top currency official declined to say if authorities stepped into the foreign exchange market early Thursday in Tokyo, in a comment following a sharp strengthening of the yen.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTreasuries Rally W
2 min read - BusinessRetail Banker International
9Spokes introduces multi-bank view to expand financial insights for SMBs
Initiative aims to give SMBs a consolidated view of their financial accounts tapping open banking and open data
2 min read - BusinessUnited Press International
Google reduces workforce by 200, moves jobs to Mexico, India
Google laid off 200 of its "Core" unit workers while reorganizing and moving several jobs to Mexico and India, CNBC and Seeking Alpha reported Wednesday.
2 min read - BusinessBloomberg
Exxon Set to Win FTC Approval for $60 Billion Pioneer Deal
(Bloomberg) -- The US Federal Trade Commission is poised to greenlight Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. after the companies agreed that Pioneer’s co-founder and former chief executive officer won’t join the board, according to people familiar with the matter.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College Ca
3 min read - USWFLA
Better Call Behnken: Don’t be fooled by fake jury summons scheme
If you get a phone call about jury duty, chances are it's a scam and criminals are making a lot of those calls right now, according to Florida Attorney General Ashley Moody, who issued a warning this week.
2 min read - BusinessElectronic Payments
86% of accounts payable professionals willing to pay more for automated payments: Weavr
Accounts payable professionals require new features to be built into the current software options including automated reconciliation, executing bulk payments and pre-filled payment details for recurring payees says Weavr
2 min read - BusinessBloomberg
DBS Profit Beats Estimates on Higher Lending, Wealth Fees Growth
(Bloomberg) -- DBS Group Holdings Ltd.’s first-quarter profit rose as Singapore’s biggest lender continued to benefit from higher lending income and strong wealth management fees. Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTreasuries Rally With Fed Not as Haw
1 min read - BusinessEngadget
Snapchat will finally let you edit your chats
Snapchat will finally join most of its messaging app peers and allow users to edit their chats.
1 min read - BusinessBloomberg
Japan Suspects Companies Are Evading Disclosure of Cross-Shareholdings
(Bloomberg) -- Japan is increasing pressure on companies with extensive cross-shareholdings. Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTreasuries Rally With Fed Not as Hawkish as Feared: Markets WrapThe government wants companies to be more transparent about
2 min read - USKRON
Bay Area funeral service provider to pay $23M settlement
SAN FRANCISCO (KRON) — The nation’s largest funeral service provider deceived customers in the Bay Area through false advertising and prices, according to the district attorneys of Alameda County, Marin County, and San Francisco. The funeral company, Service Corporation International, reached a $23 million settlement with the district attorneys and California Attorney General Rob Bonta […]
3 min read - BusinessZacks
Cheniere Energy Partners, L.P. (CQP) Increases Despite Market Slip: Here's What You Need to Know
Cheniere Energy Partners, L.P. (CQP) closed at $49.06 in the latest trading session, marking a +1.26% move from the prior day.
3 min read - BusinessZacks
Global Partners LP (GLP) Rises As Market Takes a Dip: Key Facts
Global Partners LP (GLP) reachead $46.96 at the closing of the latest trading day, reflecting a +0.15% change compared to its last close.
3 min read - BusinessZacks
DNOW (DNOW) Sees a More Significant Dip Than Broader Market: Some Facts to Know
DNOW (DNOW) closed at $13.89 in the latest trading session, marking a -1.56% move from the prior day.
3 min read - BusinessZacks
Why the Market Dipped But Pagaya Technologies Ltd. (PGY) Gained Today
Pagaya Technologies Ltd. (PGY) reachead $9.77 at the closing of the latest trading day, reflecting a +0.41% change compared to its last close.
3 min read - BusinessZacks
Why the Market Dipped But Uranium Energy (UEC) Gained Today
In the most recent trading session, Uranium Energy (UEC) closed at $6.84, indicating a +1.33% shift from the previous trading day.
3 min read - BusinessFortune
Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt hotels: ‘I don’t think they thought [about] what was going to happen post-pandemic’
Peloton has lost 90% of its value since the beginning of the pandemic, when the company soared to a $45 billion market cap.
5 min read - BusinessKRON
Market Hall Foods announces Berkeley store closure after 28 years
(KRON) – After 28 years of business, Market Hall Foods announced it will close one of its two flagship stores in Berkeley today. The business cited several reasons for its 4th Street closure, many of which relate to post-COVID adjustments. The 4th Street location will close on Sunday, May 26. “Our decision to close our […]
2 min read - USWichita Eagle
Wichita contractor fined $25K after taking payment, failing to build deck for customer
The contractor admitted to violating the Kansas Consumer Protection Act.
1 min read - TechnologyDigital Trends
The Samsung Galaxy Book4 Pro has a rare $590 price cut today
The Samsung Galaxy Book4 Pro 360 is a premium 2-in-1 laptop with a 16-inch Dynamic AMOLED 2X touchscreen that's available from Samsung for a discounted $1,595.
2 min read - BusinessZacks
BP (BP) Registers a Bigger Fall Than the Market: Important Facts to Note
BP (BP) reachead $38.22 at the closing of the latest trading day, reflecting a -1.42% change compared to its last close.
3 min read - BusinessMotley Fool
Why Pfizer Stock Blasted More Than 6% Higher Today
A double beat on earnings, plus raised bottom-line guidance, made the company a hot item on Hump Day.
3 min read - BusinessKTLA articles
Instead of raising prices, California fast food restaurants should do this, franchisee says
Californians are likely experiencing sticker shock at fast food restaurants, many of which have raised prices due to the new state law that boosted the hourly minimum wage for their workers from $16 to $20 on April 1. According to recent data from market research firm Datassential, fast-food and fast-casual restaurants in the Golden State […]
3 min read - BusinessTechCrunch
From Connie Chan to Ethan Kurzweil, venture capitalists continue to play musical chairs
When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and not just because Rabois is a big name in the industry. It was surprising because unlike in many other fields, venture capitalists don't traditionally move around very much — especially those that reach the partner or general partner level as Rabois had.
3 min read - BusinessZacks
Why the Market Dipped But Medical Properties (MPW) Gained Today
Medical Properties (MPW) reachead $4.63 at the closing of the latest trading day, reflecting a +0.65% change compared to its last close.
3 min read - BusinessZacks
Modine (MOD) Falls More Steeply Than Broader Market: What Investors Need to Know
Modine (MOD) closed at $92.28 in the latest trading session, marking a -0.38% move from the prior day.
3 min read - BusinessZacks
Li Auto Inc. Sponsored ADR (LI) Rises As Market Takes a Dip: Key Facts
In the closing of the recent trading day, Li Auto Inc. Sponsored ADR (LI) stood at $26.35, denoting a +0.27% change from the preceding trading day.
2 min read - BusinessThe Des Moines Register
Teamsters picket Des Moines' Plumb Supply after voting down company's offer
A Teamsters leader says members could resort to "rolling strikes" if a new contract can't be reached with Plumb Supply in Des Moines.
3 min read - BusinessAutoweek
Cadillac Exec: ‘EVs and ICE Will Coexist for a Number of Years’
Cadillac Vice President John Roth notes there are several refreshed internal-combustion vehicles that are complimented by recent battery-electric offerings.
2 min read - BusinessThe Independent
Walmart and other major US brands close more brick-and-mortar stores
Urban Outfitters plans to close seven stores
2 min read - BusinessUnited Press International
Johnson & Johnson wants to pay $6.5B to settle talcum-powder lawsuits over cancer claims
The Pharmaceutical giant say they are taking steps to resolve a multi-billion dollar cancer-related lawsuit with thousands of individuals over claims that chemicals in their baby powder had caused certain cancers.
3 min read - BusinessSkift
MGM Resorts Sees Gains From New Marriott Loyalty Tie-up
MGM Resorts is riding high after a record-breaking first quarter. CEO Bill Hornbuckle's bold bet on a Marriott partnership and on expansion in China and Japan appear to be paying off in spades.
3 min read - USKOIN
PacifiCorp faces $30 billion lawsuit from 1K victims of 2020 Oregon wildfires
One-thousand victims of Oregon's 2020 Labor Day Wildfires filed a lawsuit in Multnomah County on Tuesday seeking $30 billion from PacifiCorp for damages caused by the utility company, according to court documents.
2 min read - BusinessBloomberg
Dropbox Says Hackers Breached Digital-Signature Product
(Bloomberg) -- Dropbox Inc. said its digital-signature product, Dropbox Sign, was breached by hackers, who accessed user information including emails, user names and phone numbers.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTreasuries Rally With Fed Not as Haw
1 min read - BusinessBloomberg
Cheaper Chicken Gives Pilgrim’s a Boost as Demand Rebounds
(Bloomberg) -- Pilgrim’s Pride Corp., one of world’s largest poultry producers, is getting a boost from lower grain costs and rising demand for chicken in the US, posting earnings that beat expectations.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTreasuries Ra
2 min read - BusinessYahoo Personal Finance
Delta Platinum vs. Delta Reserve: Which is better for frequent Delta travelers?
You can save a lot of money when you fly Delta Air Lines with these co-branded cards. Here’s how to choose between the Delta Platinum and Delta Reserve before your next trip.
13 min read - BusinessCincinnati.com | The Enquirer
Kroger to spend $84M upgrading, expanding Greater Cincinnati, Dayton stores
Kroger announced it plans to invest $84 million this year into stores in the region, including a new Marketplace store and remodeling of 15 others.
1 min read - BusinessDeseret News
Major U.S. newspapers sue Microsoft, OpenAI over alleged copyright violations
The news outlets contend tech developers are profiting from millions of ‘purloined’ articles used to train generative AI platforms.
3 min read - BusinessBloomberg
Sunnova Energy Huddles With Adviser on Balance Sheet Options
(Bloomberg) -- Sunnova Energy International Inc. is getting advice from Moelis & Co. as the solar power company wrestles with upcoming debt maturities, according to people with knowledge of the arrangement, who asked not to be identified discussing a private matter.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a We
2 min read - TechnologyDigital Trends
Dell has some major discounts on XPS laptops and desktops today
Get the Dell XPS 13 laptop or the Dell XPS Desktop with a discount from Dell today if you need a dependable machine that will keep up with your daily workload.
2 min read