Missouri's Republican Gov. Mike Parson on Wednesday rolled out a vaccine incentive program that includes $10,000 prizes for 900 lottery winners. The goal is to ramp up the state's 40 percent vaccination rate. (July 21)
The move by the U.S. toymaker aims to cash in on the demand for Nerf blasters and action figures based on Marvel superheroes, while its television production rebounds, thanks to vaccine rollouts and easing of restrictions. Hasbro shares rose 10% to their highest level in 17 months after the company beat quarterly results expectations on Monday. "We may experience some shifts in delivery dates and timing of revenue, but we're leveraging our global footprint and scale to meet demand," Chief Financial Officer Deborah Thomas said.
Polestar plans to launch in nine more markets this year, doubling its global presence as it seeks to sell more of its electric sedans. The company, which is the electric performance vehicle brand under Volvo Car Group, said it is also planning to double the number of retail stores to 100 locations and add more service centers by the end of the year. The Swedish automaker has more than 650 so-called "service points" in Polestar markets and wants to exceed 780 by the end of 2021.
Food prices are on the rise due to a confluence of factors, which are creating the perfect storm. Consumer Prices: Consumer Prices Increased Again in June, Accelerating Inflation Budget: Fast-Food...
- Business Insider
Philip Morris International CEO says cigarettes should be banned and the company will stop selling Marlboros in the UK within a decade
Jacek Olczak compared cigarettes to gas-powered cars, which are set to be barred from being sold in the UK starting in 2030.
China wants to cut carbon emissions, and has set itself the ambitious goal of being carbon neutral by 2060. To get anywhere close to achieving that task, it will have to sharply curtail its coal consumption, which for decades has made up the bulk of its energy mix. The seeming contradiction is a vivid example of China’s need to pull off a delicate and high-stakes balancing act: positioning itself as a leader in the global shift towards renewable energy, while ensuring its own energy security—that is, a safe, affordable, and reliable supply of energy sources needed to power its economy.
Alibaba and JD.com are under pressure amid further crackdowns from Chinese regulators on tech companies. Here's the trade.
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Bitcoin was overdue for a snapback, and it now appears to be in full swing. Bitcoin was due for a breakout on technical factors, analysts say, after it hit lows around $29,000. Amazon may also launch its own “stablecoin,” or digital token pegged to a hard currency like the dollar.
A new study by Ipsos has found that more than a third of all office workers would quit if they’re forced to go back into the office full time.
There is a direct correlation between education and income. The higher your degree level, the more money you make — generally. Many jobs — including highly technical six-figure jobs in...
- USA TODAY
A new survey shows that Gen X workers have been hit especially hard by the unemployment crisis following COVID-19. More trainings are one solution.
The host city for Nio, Inc.'s (NYSE: NIO) annual gala event, where it customarily makes new product and services announcements, has been finalized. What Happened: Suzhou, a city located west of Shanghai, China's business capital, has been finalized to hold the fifth annual Nio Day, the CnEVPost reported. The choice of the host city marks the culmination of a multi-step process that includes the invitation of bids, shortlisting of cities based on preliminary surveys and voting of Nio users on the
There were a record number of available jobs in the U.S. in April, but not enough workers to fill them. Restaurants, retailers and other service industry employers are struggling to find workers as...
(Bloomberg) -- A little-known market, that of young cattle, is signaling that pricey beef could be here to stay awhile.Feeder cattle are animals that have not yet been fattened on corn for slaughter in feedlots. Prices for those on the futures market climbed to the highest since March 2016 in Chicago. The gains followed a survey showing the American herd shrank 1.3% from a year ago.Harsh weather and high feed prices have helped the trend, with abnormal cold killing calves earlier this year. Rece
- Motley Fool
If you've ever wondered why Wall Street pays such close attention to 90-year-old investor who believes in buying and holding stakes in great businesses for a really long time, look no further than Warren Buffett's track record. As CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), Buffett has led his company to an average annual return of 20% since taking the helm in 1965. Through 2020, this worked out to an aggregate return of more than 2,800,000%, and it's created over $500 billion in value for Berkshire Hathaway's shareholders.
One of the United States’ largest alcohol distributors, Southern Glazer's Wine & Spirits, has teamed up with Kill Cliff for a deal that will bring CBD beverages to retail stores in 46 states. Kill Cliff's established e-commerce business and robust supply chain for CBD beverages make the distribution deal a big win for retailers, as the brand can scale quickly to meet demand and keep CBD drinks on the shelf, management assured. Kill Cliff CBD beverages have experienced rapid growth since partneri
Calder Brothers Corp is under pressure to raise wages after rivals lured away some of its workers. A few others were also considering jumping ship, but co-owner Glen Calder said the South Carolina-based construction machinery company managed to persuade them to stay by promising a better career. With willing workers in short supply across the United States and companies frantically vying for them, Calder knows his firm cannot hold off pay increases.
- Business Insider
American Airlines is facing fuel shortages at smaller airports, but its planned solution may end up burning more fuel
American will fly in fuel to airports without a reliable source, resulting in heavier aircraft that may make the airline burn more fuel than normal.
SEOUL (Reuters) -Starbucks Corp is exiting its $2 billion worth joint venture in South Korea by selling stakes to local partner E-Mart Inc and Singapore sovereign wealth fund GIC, as it looks to invest more in fast-growing international markets. E-Mart, one of the largest retailers in South Korea with over 160 stores and the owner of half of the JV, will buy an additional 17.5% stake in Starbucks Coffee Korea for $411 million, it said in a filing on Tuesday. It will continue to operate the Starbucks stores.
For a financially sustainable retirement that could last 30 years or more, here are three ways to help manage your risks and avoid financial roadblocks in your golden years.