Business
- WorldReuters
UAE reels for a third day after record-breaking storm
The United Arab Emirates was still grappling on Thursday with the aftermath of a record-breaking storm this week that brought much of the country to a standstill. In Dubai, operations at the airport, a major travel hub, remain disrupted after Tuesday's storm flooded the runway, resulting in flight diversions, delays and cancellations. The airport said on Thursday morning it had resumed receiving inbound flights at Terminal 1, used by foreign carriers, but that flights continue to be delayed an
2 min read - BusinessBloomberg
Berkshire Sells ¥263.3 Billion of Bonds With Tighter Spreads
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. priced ¥263.3 billion ($1.71 billion) of bonds in the firm’s largest yen debt deal since its debut sale in the currency in 2019, raising bets it may boost holdings of Japanese stocks.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackBankers Hit With Million
3 min read - BusinessReuters
South Korea's LG Electronics plans to raise up to $1 billion with dollar bonds, sources say
South Korea's LG Electronics is aiming to raise up to $1 billion in a dollar bond deal, according to three sources with direct knowledge of the matter. The company has mandated investment banks to work on a 3-year and 5-year dollar bond deal, according to a term sheet seen by Reuters on Thursday. LG Electronics did not have immediate comment.
1 min read - BusinessBloomberg
China Reiterates Need for Steady Yuan Amid Fragile Confidence
(Bloomberg) -- China reiterated the need to prevent one-sided moves in the yuan, as a resurgent dollar and poor risk sentiment pressure currencies across Asia.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackBankers Hit With Millions in Breakup Fees for Ditching New JobsThe nation will “resolutely” put the yuan
2 min read - BusinessBloomberg
Rinehart Expands Ecuador Push With Stake in Copper-Gold Project
(Bloomberg) -- Australia’s richest woman, Gina Rinehart, has grown her footprint in South America by taking a stake in a highly prospective copper-gold project. Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackBankers Hit With Millions in Breakup Fees for Ditching New JobsRinehart’s private company Hancock Pros
1 min read - BusinessFox Business
'Googlers against Genocide' arrested after 10 hour sit-in at corporate headquarters: WATCH
Nine Google workers were arrested Tuesday night after staging a 10-hour sit-in protest at the company’s offices in New York City and Sunnyvale, California.
5 min read - WorldAFP
Prosecutors seek 12-year sentences for 'Panama Papers' accused
The prosecution sought 12-year prison sentences Wednesday for the founders of a now-defunct law firm at the center of the so-called "Panama Papers" tax evasion scandal. The prosecution requested up to 12 years in prison for both in that case.
2 min read - BusinessCNN Business
‘Hunger games’ with a purpose? Thousands are playing for food in Bangladesh
Well before the sun rises in Chapra, a small village in the northwest of Bangladesh, Mohammad Abdur Rouf is on his feet.
5 min read - BusinessDeseret News
Best U.S. frequent flyer programs
According to WalletHub, Alaska Airline’s Mileage Plan is the best frequent flyer program for destination coverage and membership perks.
4 min read - USThe Hill
NRA promises to reform charitable arm in new settlement with DC attorney general
The National Rifle Association (NRA) settled a suit with the D.C. Attorney General’s Office on Wednesday, concluding a three-and-a-half-year case by promising to reform its troubled charity arm, avoiding a trial. Prosecutors said the NRA Foundation misused more than $10 million in tax-deductible donations, illegally funneling the money into its parent organization for political activity. The case…
3 min read - USLansing State Journal
‘I don't know what my next steps are:’ College grads facing tough job market, underemployment
More than half of U.S. college graduates a year after obtaining their degree are underemployed, and it's only slightly better in Michigan.
11 min read - BusinessFox Business
FTC may try to block yet another business merger
The FTC is reportedly planning to file suit to block a merger between luxury fashion firms Tapestry and Capri, the parent companies of several prominent brands like Versace and Coach.
3 min read - BusinessLouisiana Illuminator
Entergy accused of trying to rush $1.9 billion grid upgrade approval, with customers covering cost
Entergy’s largest subsidiary is asking state utility regulators to approve a $1.9 billion “grid hardening” plan for power transmission and distribution infrastructure. Customers would pay for the work over five years through surcharges on their monthly bills, and the company wants a decision made by Friday — just days after it filed the final draft […] The post Entergy accused of trying to rush $1.9 billion grid upgrade approval, with customers covering cost appeared first on Louisiana Illuminat
4 min read - USIndyStar | The Indianapolis Star
IPS sued after teacher's alleged 'fight club' discipline is exposed in disturbing video
Lawsuit says parents raised abuse concerns, but school officials didn't take them seriously until video made by a teacher was inadvertently revealed.
6 min read - USThe Hollywood Reporter
Les Moonves’ Fine Upped to $15K Over Interference in LAPD Sexual Assault Probe
The Los Angeles Ethics Commission has approved a $15,000 settlement by the city with Les Moonves, the former president and CEO of CBS who conspired with a now-retired LAPD captain to prevent an explosive sexual assault allegation from going public. The settlement, passed on Wednesday, represents the maximum amount Moonves could’ve been charged in an …
3 min read - BusinessBIKEMag
Pole Bicycles Files For Bankruptcy
The CEO of the unique Finnish frame manufacturer announced on YouTube the brand was insolvent.
1 min read - BusinessTechCrunch
Consumer Financial Protection Bureau fines BloomTech for false claims
The U.S. Consumer Financial Protection Bureau (CFPB) said in an order on Tuesday that BloomTech, the for-profit coding bootcamp previously known as the Lambda School, deceived students about the cost of loans, made false claims about graduates’ hiring rates and engaged in illegal lending masked as "income sharing" agreements with high fees. The order marks the end of the CFPB's investigation into BloomTech's practices and the start of the agency's penalties on the organization. The CFPB is per
4 min read - USWGN Chicago
Cook County judge delays ruling in Ryan Field re-zoning lawsuit
CHICAGO — City of Evanston and Northwestern University officials argued in court Wednesday against an organization opposed to Evanston’s vote to re-zone the new Ryan Field for commercial use, with the presiding judge deciding a ruling will come another day in the future. A Cook County judge heard arguments for nearly two hours where attorneys […]
1 min read - BusinessYahoo Personal Finance
Chase Sapphire Preferred review: A standout travel card with impressive perks
The Sapphire Preferred's benefits make it easy for many cardholders to offset the cost of the affordable annual fee.
11 min read - BusinessBloomberg
Improved Corporate Governance in Japan Is Paying Off, Amundi Says
(Bloomberg) -- Years of calling for better corporate governance in Japan are finally bearing fruit for Amundi SA, Europe’s biggest money manager. Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackBankers Hit With Millions in Breakup Fees for Ditching New JobsThe firm has taken stakes in companies whose managemen
1 min read - BusinessFuturism
CEOs Suddenly Fear AI Will Take Their Jobs Too
As many CEOs gloat over the idea of replacing their human workers with AI, some of them are now starting to fear that they, too, may be on the chopping block. Per a new report from the IT consulting firm AND Digital which surveyed hundreds of business leaders in the US, the UK, and the […]
2 min read - BusinessWKRG
Linemen Appreciation Week highlights the important, dangerous job we depend on
A salute to the men and women who get the lights turned back on when you need it most.
1 min read - BusinessReuters
UBS plans next round of layoffs in Credit Suisse integration, Bloomberg News reports
The layoffs are scheduled to take place in the upcoming weeks, the report said, citing people with knowledge of the matter, adding that the job cuts are expected in the wealth management and markets units. UBS' takeover of Credit Suisse, the biggest bank merger since the 2008 global financial crisis, was hastily arranged by Swiss authorities in March 2023 to avert Credit Suisse's collapse.
1 min read - BusinessZacks
NRG Energy (NRG) Falls More Steeply Than Broader Market: What Investors Need to Know
The latest trading day saw NRG Energy (NRG) settling at $73.42, representing a -1.48% change from its previous close.
3 min read - BusinessZacks
ZIM Integrated Shipping Services (ZIM) Ascends While Market Falls: Some Facts to Note
ZIM Integrated Shipping Services (ZIM) concluded the recent trading session at $10.22, signifying a +1.49% move from its prior day's close.
3 min read - BusinessZacks
Burlington Stores (BURL) Stock Moves -0.56%: What You Should Know
Burlington Stores (BURL) closed the most recent trading day at $179.91, moving -0.56% from the previous trading session.
3 min read - BusinessZacks
Colgate-Palmolive (CL) Ascends While Market Falls: Some Facts to Note
The latest trading day saw Colgate-Palmolive (CL) settling at $86.75, representing a +0.67% change from its previous close.
3 min read - BusinessZacks
Here's Why Intuitive Machines, Inc. (LUNR) Fell More Than Broader Market
In the latest trading session, Intuitive Machines, Inc. (LUNR) closed at $5.01, marking a -0.6% move from the previous day.
2 min read - BusinessZacks
Upstart Holdings, Inc. (UPST) Stock Moves -0.44%: What You Should Know
In the latest trading session, Upstart Holdings, Inc. (UPST) closed at $22.44, marking a -0.44% move from the previous day.
2 min read - BusinessZacks
Here's Why HCA Healthcare (HCA) Fell More Than Broader Market
In the latest trading session, HCA Healthcare (HCA) closed at $311.03, marking a -0.91% move from the previous day.
3 min read - BusinessZacks
Qifu Technology, Inc. (QFIN) Stock Moves -0.22%: What You Should Know
Qifu Technology, Inc. (QFIN) closed the most recent trading day at $17.84, moving -0.22% from the previous trading session.
3 min read - BusinessZacks
Consolidated Water (CWCO) Suffers a Larger Drop Than the General Market: Key Insights
In the latest trading session, Consolidated Water (CWCO) closed at $23.88, marking a -0.95% move from the previous day.
3 min read - BusinessZacks
Fusion Pharmaceuticals Inc. (FUSN) Stock Moves -0.09%: What You Should Know
Fusion Pharmaceuticals Inc. (FUSN) concluded the recent trading session at $21.24, signifying a -0.09% move from its prior day's close.
2 min read - BusinessTechCrunch
Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation
Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Founders Fund co-led the raise, which also included participation from new backers Sequoia Capital, Greylock and 8VC. Other existing investors Thrive Capital, General Catalyst, Sands Capital, D1 Capital, Lux Capital, Iconiq Capital, Definition Capital, Contrary Capital also put money into the latest
3 min read - USThe Independent
Dog bites woman: LA billionaire philanthropist embroiled in alleged dog-park extortion case
Sandra Evling accused Dr Gary Michelson of negligence after his American XL Bully allegedly charged at and attacked her and her dog in August 2022
4 min read - BusinessZacks
SkyWest (SKYW) Ascends While Market Falls: Some Facts to Note
SkyWest (SKYW) closed the most recent trading day at $66.73, moving +0.06% from the previous trading session.
3 min read - BusinessZacks
Xerox Holdings Corporation (XRX) Stock Moves -0.12%: What You Should Know
In the latest trading session, Xerox Holdings Corporation (XRX) closed at $16.19, marking a -0.12% move from the previous day.
3 min read - BusinessZacks
Tyson Foods (TSN) Increases Despite Market Slip: Here's What You Need to Know
In the most recent trading session, Tyson Foods (TSN) closed at $58.58, indicating a +0.74% shift from the previous trading day.
3 min read - BusinessZacks
Ralph Lauren (RL) Suffers a Larger Drop Than the General Market: Key Insights
Ralph Lauren (RL) concluded the recent trading session at $159.25, signifying a -1.02% move from its prior day's close.
3 min read - BusinessZacks
Amgen (AMGN) Suffers a Larger Drop Than the General Market: Key Insights
Amgen (AMGN) concluded the recent trading session at $264.07, signifying a -0.59% move from its prior day's close.
3 min read - BusinessZacks
Halliburton (HAL) Registers a Bigger Fall Than the Market: Important Facts to Note
Halliburton (HAL) reachead $38.04 at the closing of the latest trading day, reflecting a -1.04% change compared to its last close.
3 min read - BusinessZacks
Sea Limited Sponsored ADR (SE) Declines More Than Market: Some Information for Investors
In the most recent trading session, Sea Limited Sponsored ADR (SE) closed at $55.63, indicating a -1.33% shift from the previous trading day.
2 min read - BusinessZacks
Roku (ROKU) Stock Moves -0.4%: What You Should Know
The latest trading day saw Roku (ROKU) settling at $57.59, representing a -0.4% change from its previous close.
2 min read - BusinessOilprice.com
LNG Bunkering Sales Off to a Strong Start in 2024
LNG maintains its dominance as the preferred fuel for lower-carbon shipping, despite concerns about methane slip and the rise of alternative fuels.
4 min read - BusinessZacks
Rivian Automotive (RIVN) Rises As Market Takes a Dip: Key Facts
Rivian Automotive (RIVN) reachead $8.74 at the closing of the latest trading day, reflecting a +0.34% change compared to its last close.
2 min read - BusinessZacks
Recursion Pharmaceuticals (RXRX) Dips More Than Broader Market: What You Should Know
Recursion Pharmaceuticals (RXRX) closed at $7.47 in the latest trading session, marking a -1.32% move from the prior day.
2 min read - BusinessZacks
Powell Industries (POWL) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the closing of the recent trading day, Powell Industries (POWL) stood at $123.44, denoting a -1.56% change from the preceding trading day.
3 min read - BusinessZacks
Griffon (GFF) Suffers a Larger Drop Than the General Market: Key Insights
In the most recent trading session, Griffon (GFF) closed at $65.26, indicating a -1.89% shift from the previous trading day.
3 min read - BusinessZacks
Veeva Systems (VEEV) Stock Moves -0.58%: What You Should Know
In the latest trading session, Veeva Systems (VEEV) closed at $199.20, marking a -0.58% move from the previous day.
3 min read - BusinessAssociated Press Finance
One Tech Tip: What to do if your personal info has been exposed in a data breach
Data breaches like the recent one involving millions of AT&T customers are becoming an almost regular occurrence. As more of our lives move online, our personal data like email addresses, phone numbers, birthdates and even passcodes are becoming ever more vulnerable to theft or being mistakenly exposed. In malicious breaches, cybercriminals can use stolen data to target people with phishing messages, or by taking out loans or credit cards in their name, a common and harmful type of identity th
4 min read