Business
- 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 - BusinessBloomberg
Exxon Set to Win FTC Approval for Pioneer Deal on Settlement
(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 BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketUS and Saudis Near Defense Pact Meant to Reshape Middle EastNYPD Arrests Over 300 Protesters in Crackdown on College Ca
3 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 - 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 BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketUS and Saudis Near Defense Pact Meant to Reshape Middle EastNYPD 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 BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketUS and Saudis Near Defense Pact Meant to Reshape Middle EastNYPD 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 - BusinessBloomberg
Yen Surges 3% in Minutes as Traders Speculate About Intervention
(Bloomberg) -- The yen advanced more than 3% against the dollar late in New York, fueling speculation that the Japanese authorities intervened for a second time this week to support the currency after a prolonged bout of weakness.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketUS and Saudis Near Defense Pact Meant to Reshape Middle EastNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an
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 - 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 - BusinessBloomberg
Zillow Stock Slumps on First-Time Buyer, Mortgage Rate Headwinds
(Bloomberg) -- Zillow Group Inc. shares fell after the real estate company published a second-quarter outlook that called for lower revenue in its core business and predicted stalling growth in the broader US housing market.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketUS and Saudis Near Defense Pact Meant to Reshape Middle EastNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire
2 min read - BusinessBloomberg
JPMorgan Expects to Pay $100 Million in a Third Surveillance Case
(Bloomberg) -- JPMorgan Chase & Co., fresh off settling complaints from two regulators over gaps in its trade-surveillance program, expects to pay an additional $100 million to settle a related inquiry from another watchdog.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketUS and Saudis Near Defense Pact Meant to Reshape Middle EastNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire
1 min read - BusinessYahoo Finance
Starbucks CFO says there are no plans to lower prices, but Wall Street is skeptical of its 2024 plans
The company is planning to introduce new menu items, loyalty offerings, and more, but it likely falls short of what's needed for a turnaround.
5 min read - BusinessStockStory
Carriage Services (NYSE:CSV) Beats Q1 Sales Targets
Funeral services company Carriage Services (NYSE:CSV) reported results ahead of analysts' expectations in Q1 CY2024, with revenue up 8.4% year on year to $103.5 million. It made a GAAP profit of $0.45 per share, down from its profit of $0.57 per share in the same quarter last year.
4 min read - BusinessKotaku
Everything We Know About The Nintendo Switch 2 [Updated]
No matter what you’re doing or what you’re playing at the moment, it feels like we’re all just biding our time until the announcement of the follow-up to the Nintendo Switch. Colloquially known as the Switch 2 around these parts, reporting on the forthcoming console has picked up tremendously since late last year, and rumors of its delay to 2025 spread like wildfire mere months ago. A slim 2024 release window for everyone’s favorite handheld console seemingly points to Nintendo holding back some
11 min read - BusinessStockStory
MGM Resorts (NYSE:MGM) Reports Bullish Q1
Hospitality and casino entertainment company MGM Resorts (NYSE:MGM) reported Q1 CY2024 results exceeding Wall Street analysts' expectations, with revenue up 13.2% year on year to $4.38 billion. It made a non-GAAP profit of $0.74 per share, improving from its profit of $0.44 per share in the same quarter last year.
4 min read - BusinessYahoo Personal Finance
Amex Gold vs. Chase Sapphire Preferred: Two of the best travel cards for everyday rewards
Whether you travel every month or only take a few trips each year, both of these cards have major potential savings. Here’s what to know if you’re choosing between them today.
11 min read - BusinessBBC
J&J hopes for deal with third talc settlement
The firm has set aside about $11bn to address claims its talc products caused cancer.
3 min read - USAssociated Press Finance
US regulators maintain fishing quota for valuable baby eels, even as Canada struggles with poaching
U.S. regulators decided Wednesday to allow American fishermen to harvest thousands of pounds of valuable baby eels in the coming years, even as authorities have shuttered the industry in Canada while they grapple with poaching. Baby eels, also called elvers, are harvested from rivers and streams by fishermen every spring. The Atlantic States Marine Fisheries Commission decided Wednesday that U.S. fishermen will be allowed to harvest a little less than 10,000 pounds (4,536 kilograms) of the eel
3 min read - BusinessVC Star | Ventura County Star
Exec, owner of Simi Valley company charged with 'pump and dump' securities fraud
Airborne Wireless execs Kalistratos Kabilafkas, of Moorpark, and Jack Daniels, of Agoura Hills, could face up to 25 years in prison if convicted.
5 min read - USCharlotte Observer
Manager asks ‘Why can’t you drop this’ when gay waiter reports harassment, feds say
The Memphis restaurant has agreed to pay the waiter $60,000, officials said.
3 min read - BusinessBloomberg
Gold Gains as Fed’s Rate Comments Are Less Hawkish Than Feared
(Bloomberg) -- Gold advanced as investors found comfort in the Federal Reserve’s signals that it will still pivot to lowering borrowing costs after gaining enough confidence that price gains are cooling.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketUS and Saudis Near Defense Pact Meant to Reshape Middle EastNYPD 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 - BusinessBloomberg
Credit Market Risk Eases as Powell Quells Future Rate-Hike Fears
(Bloomberg) -- Credit traders took some comfort in Federal Reserve Chair Jerome Powell’s assurances that the central bank isn’t planning to lift interest rates further, sending a gauge for fear of corporate defaults to lower levels.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketUS and Saudis Near Defense Pact Meant to Reshape Middle EastNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up a
3 min read - LifestyleDigital Trends
This HP Omen gaming laptop with RTX 4050 is $450 off
The HP Omen 16 with its Nvidia GeForce RTX 4050 graphics card and 16GB of RAM is a budget-friendly gaming laptop that's now even cheaper from HP at $450 off.
2 min read - BusinessReuters
Airbnb launches new global marketing strategy geared around experiences
Airbnb announced its newest marketing strategy geared towards bringing in new customers by offering unique experiences as it expands beyond its core business of vacation rentals, the company said on Wednesday. The San Francisco-based company's newest category called "Icons" features 11 global experiences - including concerts and celebrity meet and greets - for free or under $100 to try to attract a larger audience. "Icons is a compelling new way to do marketing...and help shift the brand to be
2 min read - BusinessFortune
An AI company you never heard of just raised $1 billion. Here’s what CoreWeave’s new $19 billion valuation really means
Once upon a time, three commodities traders in New Jersey decided to buy Nvidia GPUs and turn their Ethereum mining hobby into a business. The rest is history.
6 min read - BusinessTasting Table
Starbucks' CEO Confirms New Boba-Like Drinks Are Launching This Summer
CEO Laxman Narasimhan confirmed the impending arrival of the new products, which have been an ongoing rumor around Starbucks, during an earnings call this week.
2 min read - BusinessYahoo Personal Finance
Are travel credit cards worth it?
Travel rewards can help make your dream vacation a reality — but they may not be the best option for everyone. Here’s how to decide and what to look for in a travel credit card.
12 min read - BusinessFortune
Johnson & Johnson’s latest gambit to solve its massive talcum powder asbestos issue: A $6.5 billion settlement, paid out over 25 years
J&J’s proposed settlement represents just 7.8% of its $85.2 billion in annual sales for 2023.
4 min read - BusinessFreightWaves
92-year-old Texas trucking company files for bankruptcy liquidation
A 92-year-old trucking company, Arnold Transportation Services of Grand Prairie, Texas, ceased operations recently and filed for Chapter 7 bankruptcy liquidation. The post 92-year-old Texas trucking company files for bankruptcy liquidation appeared first on FreightWaves.
4 min read - BusinessThe Hill
DOJ, Google to present closing arguments in antitrust trial
The Department of Justice (DOJ) and Google will present closing arguments Thursday and Friday in the government’s case alleging the tech giant has illegally maintained and operated a monopoly in the online search market. The closing arguments will bring Google and the DOJ back to U.S. District Court after concluding a 10-week trial in…
2 min read - BusinessThe Real Deal
More Veritas debt bondholders get paid back as $40M is released from “eye-popping” Brookfield sale holdback
Veritas' Yat-Pang Au; Brookfield's Bruce Flatt (Getty, Jay Watson, Brookfield)Months after Brookfield closed a deal to buy $675 million in loans tied to 1,700 San Francisco apartments formerly owned by Veritas, the bondholders on some of that debt are finally getting paid. Investors in some of the riskier tranches of the debt, which was packaged into commercial mortgage-backed securities deals, […]The post More Veritas debt bondholders get paid back as $40M is released from “eye-popping” Brookfi
3 min read - TechnologyDigital Trends
Grab a 4-pack of Apple AirTags while they’re on sale
The four-pack of the Apple AirTag is available from Walmart with a $19 discount, so you'll only have to pay $80 for this bundle of reliable Bluetooth trackers.
2 min read - BusinessKTXL
Arden Fair Mall suing Forever 21 over unpaid rent
(FOX40.COM) — The owners of the Arden Fair Mall have filed a lawsuit against Forever 21 for unpaid rent. The retailer is accused of failing to pay a total of $88,059 to the mall from November 15, 2023 through April 1, according to court documents. Mall owners, who are named as Arden Fair Associates on […]
1 min read - USAFP
Harvey Weinstein faces accuser as judge orders retrial
Disgraced film mogul Harvey Weinstein faced one of his accusers in New York court Wednesday as he was told he would be retried for rape and sexual assault convictions that were overturned in the state.Weinstein was convicted in New York in 2020 of the rape and sexual assault of ex-actress Mann in 2013, and of forcibly performing oral sex on former production assistant Mimi Haley in 2006.
3 min read - USKARK
Jefferson County assessor sues Judge Gerald Robinson for $750,000 in damages over employees not being paid
A growing controversy in Jefferson County has led to a lawsuit over the county's failure to pay employees.
3 min read - BusinessBloomberg
Trudeau’s $25 Billion Trans Mountain Expansion Starts Commercial Operations
(Bloomberg) -- The expanded Trans Mountain pipeline has entered commercial operation, concluding a decade-long wait for one of Canada’s largest and most controversial energy projects.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketUS and Saudis Near Defense Pact Meant to Reshape Middle EastNYPD 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
2 min read - WorldBBC
Lottery funding will highlight lead mining history
The project will explore the "industrial heritage that shaped the landscape and its people".
2 min read - BusinessThe Oak Ridger
Boston Government Services adds Graddy as Chief Strategy Officer
Graddy is well known in the Oak Ridge area, having previously served as the CNS Mission Support Operations senior vice president.
1 min read - BusinessAmerican Banker
Mastercard poised to start processing payments locally in China
Bolstered by healthy first-quarter global card-spending trends, Mastercard is focusing on opportunities outside the U.S., including a unique card-processing arrangement beginning this month in China.
4 min read - TechnologyDigital Trends
The Samsung Galaxy Tab S6 with a free S Pen is down to $199
The Samsung Galaxy Tab S6 Lite with a 10.4-inch Full HD touchscreen and the S Pen stylus is down to a very affordable $199 following Walmart's $150 discount.
2 min read - LifestyleMotorious
First Generation ‘Fire Power’ Is A Legacy HEMI Engine
This engine was the perfect V8 engine for the time and now it shows off the history of the HEMI engine.
2 min read - USWichita Eagle
Wichita police accountant charged with stealing from city
She faces two counts of felony theft.
2 min read - WorldSourcing Journal
Denmark to Ban PFAS From Clothing
One of Denmark's biggest sources of PFAS comes from clothing and shoes. Thus, the government wants to introduce a national ban on forever chemicals.
1 min read - USKLAS articles
Former Las Vegas casino exec Scott Sibella faces fine, revoked gaming license in dealings with illegal bookmaker
A week before former MGM Grand president Scott Sibella is scheduled to be sentenced for failing to report suspicious transactions involving a known illegal bookmaker, Nevada officials have filed a complaint that could bring a fine and the loss of his gaming license.
2 min read
