Business
- BusinessRaleigh News and Observer
Another Aldi grocery store will be built in Johnston County. Here’s what we know
This will be the second Aldi store in JoCo.
4 min read - TechnologyEngadget
iOS 17.5 is here with support for web-based app downloads in the EU
Apple has rolled out iOS 17.5, which includes a cross-platform alert system for unwanted Bluetooth trackers that it worked on with Google. Also new are a web-based app distribution option in the EU and a daily word game for Apple News+.
2 min read - BusinessVariety
Amazon’s Latest Deals Get You a Brand New Lenovo Laptop for Under $200
From AirPods to big-screen TVs, Amazon has a number of tech deals happening right now, and one of the best offers is on Lenovo laptops, with new models on sale from just $199. That’s right, you can get a brand new Lenovo laptop computer for under $200. Battery life is excellent, with up to 10 …
2 min read - BusinessBloomberg
Oil Edges Up While Cloudy Outlook Keeps Prices Locked in Range
(Bloomberg) -- Oil edged higher as signs of a tighter market vied with decreased geopolitical risks to keep prices locked in a narrow band. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeWest Texas Intermediate settled above $79 a barrel, after spending the day fluctuating w
1 min read - BusinessBloomberg
Goldman’s Rubner Sees FOMO in the Market Ahead of Key Inflation Data
(Bloomberg) -- US stocks and bonds are facing an upside risk this week as traders keep building long positions across asset classes heading into key inflation data, according to Goldman Sachs Group Inc.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy Surge“I am starting to see some
2 min read - BusinessGuruFocus.com
Insider Sale: VP - Chief Administrative Officer Sharon Barner Sells Shares of Cummins Inc (CMI)
On May 10, 2024, Sharon Barner, Vice President - Chief Administrative Officer of Cummins Inc (NYSE:CMI), executed a sale of 2,390 shares of the company.
1 min read - BusinessBloomberg
John Miller’s Junk Muni Fund Hits $1 Billion in Five Months
(Bloomberg) -- John Miller’s new high-yield municipal-bond fund has amassed $1 billion of assets in just under five months, drawing buyers eager to invest in the riskiest segment of state and local-government debt. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeMiller joined
4 min read - BusinessGuruFocus.com
Insider Sale: Maria Pope Sells 44,593 Shares of Portland General Electric Co (POR)
On May 10, 2024, Maria Pope, President and Chief Executive Officer of Portland General Electric Co (NYSE:POR), executed a sale of 44,593 shares of the company.
1 min read - BusinessWJZY
United, Delta, American among airlines suing Biden admin over fee disclosure rule
A coalition of major airlines is suing the Biden administration over its new rule that requires airline companies to disclose extra fees on purchases. Trade group Airlines for America filed the lawsuit Friday alongside Delta Air Lines, American Airlines, United Airlines, JetBlue Airways Corp., Hawaiian Airlines and Alaska Airlines. Airlines for America said in a statement […]
1 min read - BusinessTime
Melinda French Gates Exits Foundation With $12.5B
Melinda French Gates is stepping down as co-chair of the $75 billion foundation she helped run with Bill Gates.
2 min read - BusinessThe Bergen Record
Bandai Namco — makers of Gundam, Pac-Man, Naruto — opening a store at American Dream mall
Bandai Namco Toys & Collectibles America's store will feature will feature toys and collectibles from such brands as Tamashii Nations and Tamagotchi
1 min read - BusinessBloomberg
Hess Investor HBK to Abstain from Voting for Chevron Merger
(Bloomberg) -- HBK Capital Management, one of the biggest shareholders in Hess Corp., is planning to abstain from voting on the oil company’s $53 billion takeover by Chevron Corp.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeThe hedge fund agrees with Institutional Sharehol
1 min read - USStar Tribune (Minneapolis)
Ex-St. Kate's nursing dean used school funds for vacation getaways with boyfriend, new charges say
Laura Jean Fero, the former dean of nursing at St. Catherine University, not only embezzled more than $400,000 from the school and funneled the money to her boyfriend's phony business, she also used university funds to pay for five trips to popular vacation destinations, according to new charges filed on Monday. The latest accusations were filed in Ramsey County District Court against ...
3 min read - BusinessBloomberg
Qatar Investment Authority Plans Ardian Semiconductor Investment
(Bloomberg) -- The Qatar Investment Authority plans to make an anchor investment in Ardian Semiconductor, a fund set up by French private equity firm Ardian to invest in the semiconductor industry across Europe.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeThe Qatar soverei
1 min read - BusinessWFXR Roanoke
New study shows Virginia Distillery’s contributed over $1B to economy in 2022
ROANOKE, Va. (WFXR) — In a recent study conducted by the Virginia Spirits Board (VSB), it was found that the Commonwealth’s distillery industry generated an economic impact of more than $1.1 billion in 2022. The study was conducted by leveraging data from an industry survey and official sources including the Bureau of Labor Statistics, the […]
2 min read - BusinessElectronic Payments
Unpacking the data: payments trends and opportunities in the hospitality industry
Dave Wheatcroft explains how investing in payments technology can provide a sharper competitive edge
4 min read - BusinessRetail Banker International
Bank of Africa and Bank of Palestine form partnership
The two banks have agreed to develop banking cooperation in Trade Finance and to exchange their experience in financing SMEs
2 min read - BusinessMashed
McDonald's $5 Meal Would Make Fast Food Affordable Again
McDonald's fans know its prices have only been increasing over the last few years, but now, the chain may introduce a $5 meal to counteract that.
2 min read - BusinessBloomberg
Borrowers Market $9 Billion of Deals Backed by Auto Loans Before CPI Release
(Bloomberg) -- At least 10 issuers are marketing deals in the US auto asset-backed securities market, with many hoping to finalize terms early this week to avoid potential volatility ahead of the latest consumer price index data release on Wednesday. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $8
2 min read - BusinessBloomberg
BofA Says It’d Take Global Risks for US to Step In to Buoy Yen
(Bloomberg) -- It would take broad risks to the global financial system for the US to potentially coordinate efforts with Japan to shore up the beleaguered yen, according to Bank of America Corp.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeWith likely interventions by Japa
2 min read - BusinessMotley Fool
Why VinFast Stock Is Surging Today
A deal with Sony and some help from President Joe Biden are pushing the stock higher today.
2 min read - BusinessAutoweek
Porsche 911 Hybrid Is Coming! To Be Revealed May 28
Porsche says the hybrid-powered 911 is coming, and we all will see it on May 28, 2024. Check out what we know, here.
2 min read - BusinessTime
Why GME's Resurgence Could Signal Another Meme Stock Frenzy
The reappearance of a digital folk hero has many small-scale investors excited—and could signal another meme stock era.
3 min read - WorldKLAS articles
Las Vegas gas prices falling as Memorial Day approaches
With Memorial Day just two weeks away, Las Vegas is getting a break at the gas pump as prices fell for the fourth consecutive week.
2 min read - BusinessBloomberg
Hess Investors Should Abstain on Chevron Takeover, Proxy Firm Advises
(Bloomberg) -- Influential proxy giant Institutional Shareholder Services Inc. recommended Hess Corp. investors abstain from voting on the proposed $53 billion acquisition by Chevron Corp. Shares of both oil companies fell.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeISS c
1 min read - BusinessSourcing Journal
‘Contract Rates Are Clearly the Way to Go’ As Spot Market Heats Back Up
According to Drewry’s World Container Index (WCI), prices for 40-foot containers rose 16 percent last week, the largest jump since January.
4 min read - USUSA TODAY
Suspect turned himself in after allegedly shooting, killing attorney at Houston McDonald's
Anthony Martin Landry, 57, turned himself in to police after he allegedly shot and killed attorney Jeffrey Limmer on May 4 at a McDonald's in Houston.
1 min read - BusinessKXAN
Indeed announces layoffs for 8% of staff, just over a year after its last layoffs
Hyams said unlike last year, when the cuts were driven by cost savings, the reasoning behind the current sweep of layoffs is "because we need to simplify our organization to make it easier and faster for us to make decisions, and help us to more effectively grow revenue and hires."
2 min read - BusinessTHE DRIVE
Subaru and Toyota Will Keep Making EVs Together Because It's Too Dangerous to Go Alone
All of the EVs will be built by Toyota in the United States, which is good news for people banking on federal tax credits.
2 min read - BusinessBusiness Insider
Tesla rescinds offers for full time employees as layoffs continue into 5th week
Tesla has begun rescinding offers for incoming full-time employees, according to sources, as it continues to send out layoff notices.
2 min read - BusinessYahoo Personal Finance
Capital One Spark Miles for Business: Simple rewards for business owners
The Capital One Spark Miles for Business credit card is a good option for small business owners looking for a simple, straightforward travel rewards card.
6 min read - BusinessReuters
Kraft Heinz exploring sale of Oscar Mayer business, WSJ reports
The Oscar Mayer business, known for hot dogs, bacon, ham, and bologna products, has had to deal with declining consumer demand in the face of a shift to healthier options. The company also wrote down the value of its Oscar Mayer and Kraft brands in 2019. Kraft Heinz has tapped Bank of America and Centerview Partners to gauge interest in the business, the report said.
1 min read - BusinessEngadget
Apple and Google roll out a cross-platform feature to tackle unwanted Bluetooth trackers
Apple and Google are rolling out a feature that will alert iOS and Android users when an unknown Bluetooth tag appears to be tracking them.
2 min read - BusinessAssociated Press Finance
US airlines are suing the Biden administration over a new rule to make certain fees easier to spot
U.S. airlines are suing to block the Biden administration from requiring greater transparency over fees that the carriers charge their passengers, saying that a new rule would confuse consumers by giving them too much information during the ticket-buying process. The U.S. Transportation Department said Monday it will vigorously defend the rule against what it called “hidden junk fees.” American, Delta, United and three other carriers, along with their industry trade group, sued the Transportat
2 min read - BusinessBloomberg
Management Feud at Delivery App Getir Turns Bitter After Exits
(Bloomberg) -- A power struggle at grocery delivery company Getir is turning increasingly bitter as the Istanbul-based startup shuts down foreign operations and shareholders spar over key management positions.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeThe acrimony betwee
3 min read - WorldBloomberg
Wildfire Threat to Canada’s Oil-Sands Eases as Rains Approach
(Bloomberg) -- Rain in the heart of the Canadian oil-sands region is reducing the threat of a wildfire that prompted an evacuation alert on Friday, while a town near British Columbia’s gas-producing region remained in danger. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeSh
2 min read - TechnologyEngadget
Google’s Project Starline video conferencing tech is coming to offices
Google just announced that it has teamed up with HP to bring its futuristic Project Starline video conferencing system to enterprise clients. It even integrates with Google Meet and Zoom.
1 min read - BusinessBloomberg
Wall Street Desks Warn CPI Report May Upset Stock-Market Calm
(Bloomberg) -- From JPMorgan Chase & Co. to Citigroup Inc., Wall Street’s most prominent trading desks are warning that investors should gear up for a potential break in the calm that’s come over the market.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeThe options market is
3 min read - BusinessBloomberg
Lithium Miner Debuts as Ghana’s First Listing in Two Years
(Bloomberg) -- Australian-based Atlantic Lithium Ltd., which is developing Ghana’s first lithium mine, has taken a step toward raising capital from equity investors in the country.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeThe company has listed all its shares in issue o
3 min read - BusinessBloomberg
BofA’s Moynihan Says Consumers Still Strong Even With High Rates
(Bloomberg) -- Bank of America Corp. Chief Executive Officer Brian Moynihan said US consumers, helped by wage growth, remain in good shape even amid elevated interest rates, and that businesses are once again looking at mergers and acquisitions.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Bill
2 min read - BusinessAssociated Press Finance
Melinda French Gates resigns as Gates Foundation co-chair, 3 years after her divorce from Bill Gates
Melinda French Gates will step down as co-chair of the Bill & Melinda Gates Foundation, the nonprofit she and her ex-husband Bill Gates founded and built into one of the world's largest philanthropic organizations over the past 20 years. “This is not a decision I came to lightly,” French Gates posted on the X platform on Monday. “I am immensely proud of the foundation that Bill and I built together and of the extraordinary work it is doing to address inequities around the world.”
3 min read - BusinessGuruFocus.com
Insider Sale: Executive Chairman Alfred P. West Jr. ...
On May 10, 2024, Alfred P. West Jr., Executive Chairman of SEI Investments Co (NASDAQ:SEIC), sold 140,000 shares of the company.
1 min read - BusinessReuters
Apple set to sell Vision Pro headset outside US, Bloomberg News reports
The iPhone-maker has flown hundreds of employees from its international stores to Cupertino, California and started training them on how to demonstrate the $3,499 headset to customers, the report added, citing people with knowledge of the matter. Apple plans to bring its Vision Pro to international markets after its Worldwide Developers Conference (WWDC), scheduled to be held from June 10 to June 14, the report said. The training of workers, which takes as many as four days, from Germany, Fran
1 min read - BusinessStar Tribune (Minneapolis)
Minnesota printing patriarch hauls family back into court over broken truce
The 96-year-old patriarch of a clan that long owned prominent Minnesota printer Japs-Olson claims the company cut off his health insurance and broke other aspects of a truce that settled a family dispute 20 years ago. On one side of the squabble is William Beddor, former leader of the St. Louis Park printing and direct mail company, and four of his children. On the other side is five more of ...
3 min read - USFreightWaves
Federal lawsuit claims CSX violated FMLA anti-retaliation provisions
A federal lawsuit alleges CSX inflated the amount of time employees were charged for taking leave under the Family Medical Leave Act, punished workers for taking the leave, and terminated or suspended over 100 employees for allegedly taking FMLA leave fraudulently. The post Federal lawsuit claims CSX violated FMLA anti-retaliation provisions appeared first on FreightWaves.
3 min read - BusinessPeople
Melinda French Gates Resigning from Gates Foundation: 'This Is Not a Decision I Came to Lightly'
In a statement, ex-husband Bill Gates said, "I am sorry to see her leave, but I am sure she will have a huge impact in her future philanthropic work"
4 min read - BusinessReuters
Illinois state treasurer urges Exxon shareholders to vote against CEO Woods, director Hooley
The treasurer has also recommended voting against Lead Independent Director Joseph Hooley during the company's annual shareholders meeting scheduled to take place on May 29. Exxon, which is frequently the focus of critical shareholder resolutions, struck back earlier this year when it filed a lawsuit seeking to block a vote on a climate proposal submitted by two small activist investors.
1 min read - BusinessFortune
GameStop and memecoins soar as ‘Roaring Kitty’ hints at comeback
Meme markets were buzzing following Keith Gill’s return because of his role in the January 2021 short squeeze of video game retailer GameStop.
3 min read - BusinessBloomberg
Anglo Rejects BHP Again as Pressure Builds on Its Strategy
(Bloomberg) -- Anglo American Plc rejected a second approach from BHP Group that valued the miner at $43 billion, as pressure builds on the 107-year old company to lay out a compelling vision to survive on its own.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeAnglo sharehol
4 min read - BusinessZacks
Is Enterprise Products (EPD) a Solid Growth Stock? 3 Reasons to Think "Yes"
Enterprise Products (EPD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
3 min read
