Business
- BusinessBloomberg
Asian Equities Climb After Fed, Yen Resumes Losses: Markets Wrap
(Bloomberg) -- Most Asian equities rose after Federal Reserve chair Jerome Powell downplayed the prospect of further interest-rate hikes. The yen resumed losses after a sudden jump late in the previous session that hinted at intervention.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College
4 min read - BusinessBloomberg
Banking Giants Race to Riyadh as MBS Steps Up Pressure Campaign
(Bloomberg) -- When Deutsche Bank AG last month brought back its former CEO for the Middle East and Africa, the reappointment came with a twist: Unlike his prior stint at the German lender, Jamal Al Kishi will no longer be based in Dubai, the region’s traditional business hub known for swanky villas and expat comforts. Instead, he will be based in a far less glamorous Middle Eastern city — Riyadh. Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supe
7 min read - BusinessRetail Banker International
Without transparency, banks will continue to find themselves as political prey
Bank of America should take the opportunity to be upfront about its de-banking policies and lead a path for other banks in the US to do the same argues Phoebe Hodgson
3 min read - BusinessBloomberg
India’s Top Refiner Resumes Russia Oil Trade on Sovcomflot Ships
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Econo
2 min read - BusinessBloomberg
Yen Bears Push Back on Japan’s Suspected Intervention Again
(Bloomberg) -- A suspected currency intervention by Japanese authorities in late New York hours is once again facing resistance from yen bears, threatening to erase all gains.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbl
5 min read - BusinessBloomberg
Oil Rises After Dropping to Seven-Week Low on US Inventory Gain
(Bloomberg) -- Oil erased some of its losses after plunging Wednesday on a big jump in US crude inventories that 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 MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Econo
1 min read - BusinessBloomberg
Bitcoin Slump Triggers Warning of ‘Trouble Ahead’ for Global Markets
(Bloomberg) -- Bitcoin’s tumble is piquing the interest of investors who view pronounced swings in the digital token as a possible precursor for broader changes in risk appetite in global markets.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight L
2 min read - BusinessBBC
Uber faces £250m London black cab drivers lawsuit
The case against the US-based ride-hailing giant is being brought on behalf of over 10,800 drivers.
3 min read - BusinessBloomberg
Chinese Miners See Opportunities as BHP’s Mega Bid Unfolds
(Bloomberg) -- China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39 billion approach for rival Anglo American Plc, potentially the largest mining deal in over a decade.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Cra
3 min read - BusinessBloomberg
Credit Suisse Faces $36 Million Korea Short-Sale Fine: Chosun
(Bloomberg) -- Credit Suisse AG reportedly faces 50 billion won ($36 million) in penalties over illegal short selling in South Korea, where authorities are due to give an update on their broader investigation into the practice on Friday. Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College
2 min read - USCincinnati.com | The Enquirer
Going Up: Dan Beard Council plans skilled trades center for Boy Scouts at Camp Friedlander
Dan Beard Council plans to build a new skilled trades center for Boy Scouts at its 550-acre Camp Friedlander campgrounds.
2 min read - BusinessBloomberg
Olam Ups Offer for Australia’s Namoi, Days After Latest LDC Bid
(Bloomberg) -- Olam Agri Holdings Ltd. sweetened its offer for Australia’s Namoi Cotton Ltd., topping a proposal from rival Louis Dreyfus Co. and heating up a bidding war between two top agricultural commodities traders.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempi
1 min read - LifestyleKXRM Colorado Springs
Local love: supporting small businesses this week
(COLORADO SPRINGS) — Driving through downtown, there is a unique element in recognizing the wide range of locally run businesses that fill the streets. From good books to cozy sweatshirts and even vibrant tattoos, these establishments have a little something of everything for the southern Colorado community. Several of these local treasures have been around […]
3 min read - BusinessBloomberg
Yen’s Sustained Weakness Frustrates Even Japanese Exporters
(Bloomberg) -- Japan’s companies are expressing unusual discomfort with the weak yen, just as the country’s government appears to be stepping in to prop up its tumbling currency.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Go
4 min read - BusinessBloomberg
BlackRock, Citadel Reap Billion-Dollar Deals From Australia Fund
(Bloomberg) -- Man Group Plc, BlackRock Inc. and Citadel are among big winners from the giant alternatives portfolio held by Australia’s sovereign wealth fund, which has revealed the size of its mandates for the first time.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Oze
2 min read - USStar Tribune (Minneapolis)
Minneapolis education support professionals file intent to strike
Education support professionals from the union representing Minneapolis teachers on Wednesday filed their intent to go on strike against the school district. The executive board of the support professionals chapter of the Minneapolis Federation of Teachers previously said it would file a strike notice against Minneapolis Public Schools if no tentative agreement were reached by the end of the ...
1 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 MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College Campuse
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 - BusinessReuters
Oil prices rebound on prospect of US replenishing strategic reserve
NEW DELHI (Reuters) -Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world's biggest crude consumer, to start replenishing its strategic reserve, putting a floor under prices. Still, prices fell more than 3% on Wednesday to a seven-week after the U.S. Federal Reserve kept interest rates steady, which may curtail economic growth this year and limit oil demand increase. Crude was also pressured by an unexpected increase
3 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 - 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 - OpinionCoinDesk
CZ’s Trial Proves it Pays to Cooperate
His four-month sentence was vindication for the Binance founder’s legal strategy.
3 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) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Econo
1 min read - USWDAF
Worker demand spurs local trade school enrollment spike
The Pinnacle Career Institute in Kansas City has seen enrollment numbers majorly increase, nearly doubling in recent years.
2 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 - 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 MarketJerome Powell Offered Markets a Reprieve. It Vanished in a
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 - 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 MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyThe 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
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
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
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
