Business
- BusinessThe State
An electric vehicle manufacturer to open facility in SC, plans to bring in 180 jobs
The company will be relocating manufacturing facilities from Wisconsin and Florida to a South Carolina city.
1 min read - BusinessDigital Trends
A big iPhone update is right around the corner
New iPads aren't the only Apple news today. Apple just took a big step towards its next iPhone update.
2 min read - LifestyleDigital Trends
The best Samsung The Frame TV deals — from just $600
Want to get your hands on one of the iconic Samsung The Frame TV deals? We have everything you need to know here.
3 min read - WorldAFP
ArcelorMittal hit by Olympic flame greenwashing accusations
Environmental groups accused ArcelorMittal of greenwashing a day ahead of the arrival in France Wednesday of the Olympic flame in a torch forged with low-carbon steel from the world's second-largest steelmaker."While ArcelorMittal prioritises shareholder returns and fossil fuel-based steel production over climate action, it consistently presents itself as a green champion, notably as an official sponsor of this year's Olympic Games in France, where it has provided 'low carbon' steel for the Olym
2 min read - BusinessBloomberg
Suzano Approaches International Paper on Bid, Reuters Says
(Bloomberg) -- Suzano SA, the world’s largest pulp producer, approached International Paper Co. about a potential all-cash offer valuing the US company at almost $15 billion, Reuters reported.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger AirThe potential bid of $42 a share by the Brazilian producer wa
3 min read - BusinessBusiness Insider
As high-paying jobs become harder to get, more Americans are looking to Uber and Lyft for extra income
Gig work like ride-hailing is becoming more popular, per a Bank of America report. A cooling job market could be the reason.
4 min read - BusinessBusiness Insider
A Florida Gen Xer who earned over $300,000 secretly working multiple remote jobs shares why he's 'far from rich'
A Gen Xer in Florida says making over $300,000 didn't make him feel rich.
5 min read - TechnologyDigital Trends
Best Samsung Galaxy Z Fold 5 deals: discounts and trade-in credit
Are you looking for awesome Samsung Galaxy Z Fold 5 deals? We've got all the best options rounded up here if you want to get some savings with your purchase.
4 min read - BusinessBloomberg
Stock Rally Stalls After S&P 500 Touches 5,200: Markets Wrap
(Bloomberg) -- Stocks struggled to gain much traction, with investors split on whether the market can sustain the rebound from last month’s selloff given all the economic crosscurrents.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger AirEquities are set for a consolidation amid stretched positioning, acc
6 min read - OpinionKotaku
It's Time To Stop Giving Xbox Boss Phil Spencer A Pass
On May 7, Xbox announced that it was closing four studios: Arkane Austin (Redfall), Tango Gameworks (Hi-Fi Rush), Alpha Dog Games (Mighty Doom), and support studio Roundhouse Games. The news is yet another example of Xbox—which has spent billions buying up studios—cutting costs, laying people off, and rearranging chairs on the good ship Xbox, which lately feels like it’s drifting aimlessly.
5 min read - BusinessReuters
Exclusive-Royal Caribbean recruiting thousands to meet surging demand, sources say
Cruise operator Royal Caribbean Group is in discussions with new and existing markets around the world to recruit thousands of workers to staff its ships and private destinations to keep up with record cruise demand. Tourism boards and port operators from around the world said Royal Caribbean is looking to hire worldwide and the company confirmed it will hire around 10,000 workers this year. Royal Caribbean's sea-based workforce at the end of 2023 totaled about 88,700 employees, 6% lower than
2 min read - BusinessBloomberg
CVS Starts Bond Sale Days After Cutting 2024 Outlook
(Bloomberg) -- CVS Health Corp. is selling $5 billion worth of bonds less than a week after shares plunged the most since 2009 on a downbeat quarterly report and cut 2024 outlook, joining a bevy of firms hitting the debt market following earnings season.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger Ai
2 min read - BusinessSourcing Journal
Standard Fiber Opens Manufacturing and Distribution Center in Atlanta
The home textiles maker is replicating its west coast operations closer to its east coast consumers.
2 min read - BusinessBloomberg
Emerging Currencies Erase Gains as Traders Adjust Fed Wagers
(Bloomberg) -- Emerging-market currencies reversed earlier gains on Tuesday, led down by the Chilean peso, as traders continue to tweak their bets on US interest rate cuts this year.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger AirAn index of developing currencies traded flat, after swinging between g
2 min read - USWFRV Green Bay
Wedding barns in Wisconsin sue over state’s new liquor law requiring licensing
MADISON, Wis. (AP) — A pair of Wisconsin wedding barns sued the state Tuesday seeking to block enactment of a new law that requires them to get liquor licenses similar to other establishments that host events. Owners and operators of wedding barns tried unsuccessfully last year to kill the law that overhauled regulation of the state’s multibillion-dollar liquor industry. […]
3 min read - USAustin American-Statesman
New 21-acre park opens in Easton Park subdivision in Southeast Austin
Skyline Park has views of downtown Austin, a bridge connection resembling the iconic Pennybacker Bridge, a splash pad and two playgrounds
2 min read - USUSA TODAY
Woman who used Target self-checkout to steal more than $60,000 of items convicted of theft
A woman, Aziza Graves, was convicted of stealing more than $60,000 from the same Target store in San Francisco using self-checkout.
2 min read - BusinessEngadget
Adobe's full Creative Cloud suite is 40 percent off in a rare deal
Right now a subscription to Adobe's Creative Cloud suite of tools is $36 per month with a 12-month commitment.
1 min read - BusinessBloomberg
Guggenheim Gauges Lender Interest for Macy’s Buyout Financing
(Bloomberg) -- Guggenheim Partners is talking to lenders, including private credit firms, to gauge their interest in financing the potential $6.6 billion buyout of US department store chain Macy’s Inc. by investment firms Arkhouse Management Co. and Brigade Capital Management.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focus
2 min read - BusinessINSIDER
Kellogg's gives UK employees time off on 'Summer Fridays' — with a catch
The "summer hours" policy has been in effect overseas for years, and is now available to hundreds of employees in the UK.
1 min read - TechnologyDigital Trends
Best phone deals: Save on the iPhone, Galaxy Z Fold 5, and more
In order to make your search for savings on a new phone more convenient we've rounded up the best phone deals, which include Apple, Samsung, and Google devices.
4 min read - BusinessAFP
Disney reports small loss but sees improvement in streaming
Disney reported higher revenues Tuesday on a strong performance by its theme parks division and an improving streaming business, but a write-down in the company's India business resulted in a small loss.The entertainment giant cited Walt Disney World Resort, Hong Kong Disneyland and the company's cruise division as areas of strength in parks and experiences, but saw lower results at Disneyland Resorts.
3 min read - BusinessBloomberg
Tesla Autopilot Probe Escalates as US Agency Demands Data
(Bloomberg) -- Tesla Inc. is facing increased federal scrutiny of Autopilot, with the top US auto-safety regulator seeking data that will help determine whether the company’s biggest-ever recall made its driver-assistance system safer.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger AirIn a letter posted
3 min read - BusinessFreightWaves
Aloha Air Cargo to cease Los Angeles-Honolulu freighter service
Aloha Air Cargo has decided to close its Los Angeles-Honolulu lane, effective June 1, because of weak demand, FreightWaves has learned. The route is marketed by Aloha, which signs customers […] The post Aloha Air Cargo to cease Los Angeles-Honolulu freighter service appeared first on FreightWaves.
3 min read - BusinessFreightWaves
Transportation metrics weak in April but improve throughout month
A monthly supply chain survey shows a reversal in transportation metrics during April but points to improvement on the horizon. The post Transportation metrics weak in April but improve throughout month appeared first on FreightWaves.
4 min read - BusinessFox Business
Disney shares sink as streaming business falls shy of profitability
Disney reported fiscal second-quarter results on Tuesday. Its combined streaming business of Disney+, Hulu and ESPN+ came very close to turning a profit.
3 min read - BusinessZacks
3 Reasons Why Growth Investors Shouldn't Overlook Texas Roadhouse (TXRH)
Texas Roadhouse (TXRH) possesses solid growth attributes, which could help it handily outperform the market.
3 min read - BusinessZacks
Here is Why Growth Investors Should Buy Green Brick Partners (GRBK) Now
Green Brick Partners (GRBK) possesses solid growth attributes, which could help it handily outperform the market.
3 min read - BusinessZacks
3 Reasons Growth Investors Will Love Zynex (ZYXI)
Zynex (ZYXI) is well positioned to outperform the market, as it exhibits above-average growth in financials.
3 min read - BusinessZacks
Here is Why Growth Investors Should Buy Frontdoor (FTDR) Now
Frontdoor (FTDR) is well positioned to outperform the market, as it exhibits above-average growth in financials.
3 min read - BusinessZacks
Is Brinker International (EAT) a Solid Growth Stock? 3 Reasons to Think "Yes"
Brinker International (EAT) could produce exceptional returns because of its solid growth attributes.
3 min read - BusinessZacks
3 Reasons Why Growth Investors Shouldn't Overlook Abercrombie (ANF)
Abercrombie (ANF) possesses solid growth attributes, which could help it handily outperform the market.
3 min read - BusinessZacks
3 Reasons Why Growth Investors Shouldn't Overlook EOG Resources (EOG)
EOG Resources (EOG) possesses solid growth attributes, which could help it handily outperform the market.
3 min read - BusinessZacks
Looking for a Growth Stock? 3 Reasons Why Commvault (CVLT) is a Solid Choice
Commvault (CVLT) possesses solid growth attributes, which could help it handily outperform the market.
3 min read - BusinessZacks
Nordstrom (JWN) to Expand Reach With New Rack in Minnesota
Nordstrom (JWN) plans to open a 30,000-square-foot Nordstrom Rack in Apple Valley by spring 2025, offering online order pick-up and easy returns.
3 min read - BusinessCoinDesk
Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading
Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks.
2 min read - BusinessWREG articles
State: Investors lost $6.3 million in Memphis company’s scheme
MEMPHIS, Tenn. — A Memphis company first exposed by the WREG Investigators for what customers called a credit repair rip-off has now been barred by state regulators for an alleged investment scheme. According to the Tennessee Department of Commerce and Insurance, investors across 17 states including Tennessee lost more than $6 million in what prosecutors […]
2 min read - USWJZY
TikTok sues to block potential US ban
TikTok sued to block the law that would force the application to be divested from its Chinese-based parent company ByteDance or be banned from the U.S.
1 min read - BusinessStockStory
J&J Snack Foods (JJSF) Stock Trades Up, Here Is Why
Shares of snack food company J&J Snack Foods (NASDAQ:JJSF) jumped 15.2% in the morning session after the company reported first-quarter results, which blew past analysts' EPS expectations. Its revenue outperformed Wall Street's estimates as it produced higher sales volumes than anticipated. Specifically, its new churros product led the way with 24% year-on-year growth and now represents $30.8 million in revenue - a large chunk of this comes from its partnership with the fast-food restaurant chai
2 min read - BusinessCoinDesk
Solana and Cosmos Lead CoinDesk 20 Higher: CoinDesk Indices Market Update
CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI). The CoinDesk 20 gained 2.7% over the past week, with 16 of the 20 cryptos in the gauge closing higher. CoinDesk 20 tracks top digital assets and is investible on multiple platforms.
1 min read - BusinessBenzinga
Heart Disease Drugmaker Esperion Therapeutics Reports Highest Revenue Yet, Stock Soars
Tuesday, Esperion Therapeutics (NASDAQ:ESPR) reported first-quarter revenues of $137.74 million, up 467% Y/Y, surpassing the consensus of $84.51 million. The company reported an EPS of $0.34, a turnaround from an EPS loss of $(0.79) a year ago, beating the consensus of $0.05. U.S. net product revenue was $24.8 million, up approximately 46% Y/Y. Collaboration revenue was $113.0 million, compared to $7.3 million a year ago, driven by increased tablet sales to international partners and sales growt
2 min read - BusinessZacks
Why Itron (ITRI) Might be Well Poised for a Surge
Itron (ITRI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
2 min read - TechnologyEngadget
Everything announced at Apple's Let Loose iPad event
Apple's Let Loose event is in the books and, as expected, it was largely about new iPads. Here's everything that Apple announced, including the M4-powered iPad Pro with an OLED display.
6 min read - BusinessMotley Fool
Why Disney Stock Fell Hard on Tuesday
Investors chose to take some profits after the Q2 earnings update.
3 min read - BusinessBloomberg
Ivory Coast Says It Can Cover Cost of Some Delayed Cocoa Contracts
(Bloomberg) -- Ivory Coast said it can compensate cocoa exporters for contracts that were rolled over, but not for the full tonnage that shippers are seeking, according to people familiar with the matter.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger AirThe regulator in the top grower met with exporter
2 min read - BusinessBloomberg
Air Baltic Forced to Pay Up in Second Run at Junk Refinancing
(Bloomberg) -- Air Baltic Corp AS is having to pay the highest coupon seen in Europe’s junk bond market this year to pull off a last-minute refinancing deal, even with Latvia’s government supporting the sale.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger AirThe Latvian airline is marketing a €340 milli
3 min read - BusinessBloomberg
LA’s $1.2 Billion Graffiti Towers Put on Sale After Bankruptcy
(Bloomberg) -- For sale: Steel skeletons of three towers in downtown Los Angeles, erected by a Chinese developer that spent $1.2 billion before running into financial troubles.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger AirThe site, called Oceanwide Plaza, became famous this year when graffiti artis
4 min read - BusinessYahoo Personal Finance
What to know about living and investing in a multifamily home
You may want to buy a multifamily home not just as a place to live but also as an investment opportunity. Learn whether a multifamily home is a good fit.
7 min read - BusinessCoinDesk
Bitcoin Layer-2 Builder Botanix Labs Raises $8.5M From Polychain Capital, Others
The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers.
1 min read - BusinessZacks
Are You Looking for a Top Momentum Pick? Why Brinker International (EAT) is a Great Choice
Does Brinker International (EAT) have what it takes to be a top stock pick for momentum investors? Let's find out.
4 min read
