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An inflation reading on Friday could determine how May ends for the stock and bond markets Inflation data is a wild card for the markets Friday, as traders watch to see if the economy is trapped in a period of sluggish price increases. The data to be reported Friday at 8:30 a.m. ET is April's personal consumption and expenditures, which includes the ...
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Investor Icahn sues Occidental Petroleum over 'misguided' Anadarko deal HOUSTON (Reuters) - Occidental Petroleum Corp's activist investor Carl Icahn has filed a lawsuit against the company over what it called its "misguided" pact to buy Anadarko Petroleum Corp, and may seek a special meeting to remove and replace board ...
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Uber lost another $1B last quarter Uber posted losses of $1 billion on revenue of $3.1 billion for the first quarter of 2019 in what was the company's first earnings report as a public company. Gross bookings rose 34% to $14.6 billion in the same time period, as Uber Eats continued to show ...
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Firefly raises $30 million to put electronic ads on ride-hailing cars The gig driving economy might be growing, but excepting cities with minimum wage laws for ride-hailing drivers, the pay certainly isn't getting any better. Lyft says its drivers' median earnings work out to $18.83 an hour nationally. A Buzzfeed survey found that ...
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Amid Tariff Uncertainty, Dollar Stores Show They Have A Sweet Spot In Retail The often no-frills dollar stores are proving they have appeal, at least in terms of enticing low-income and other bargain-hunting shoppers. Dollar General, the leader in the space, and Dollar Tree both saw their shares jump Thursday after they reported ...
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Facebook Shareholders Reject Bid to Split CEO, Chairman Roles Facebook Inc. FB 0.45% shareholders voted down a proposal backed by seven state treasurers that sought to split the chairman and chief-executive roles that Mark Zuckerberg holds and establish an independent board leader. Shareholders voted Thursday ...
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Apple Price Target Lowered by Morgan Stanley; Key China Questions Answered Top Apple (AAPL - Get Report) analyst Katy Huberty and her team at Morgan Stanley lowered their price target on Apple shares on Thursday, citing multiple compression among the stocks of Apple's peers. The group did not change their earnings estimates, ...
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KFC plant-based chicken? The fast-food chain says it's in an 'exploration phase' KFC is joining the long list of restaurants thinking about adding plant-based meat substitutes to its menu. Kevin Hochman, who heads KFC's U.S. division, said the company does not have any plans to test vegan alternatives right now but he has meetings ...
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Fed's Quarles: Regulatory Tools Better Suited Than Interest Rates to Promote Financial Stability WASHINGTON—The Federal Reserve's point man on bank regulation said Thursday that interest rates should be used to achieve the central bank's inflation and employment goals rather than to address concerns about financial stability. Randal Quarles, the ...
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Juul Explores Opening Its Own E-Cigarette Stores Juul Labs Inc., the controversial e-cigarette maker, is exploring plans to open its own U.S. retail shops, looking to capitalize on its early dominance of the American market, according to people familiar with the matter. The company hasn't made a final decision ...
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The 1000 hp Hennessey Maximus is the Jeep Gladiator from Hell The new Jeep Gladiator is one of the hottest trucks of the year and just hitting showrooms, but Hennessey Performance is already offering a custom version it thinks is much more entertaining. (Hennessey). The Texas-based tuner's Maximus 1000 is powered ...
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Ben & Jerry's Wants to Get in on CBD Craze Ben & Jerry's Ice Cream wants to get in on the cannabis business buzz. The Unilever-owned (UL) ice cream maker is throwing its support behind the federal legalization of CBD-infused food products, announcing in a statement Thursday that it will create a ...
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Metro to roll out 300 electric bikes this summer, starting in Central LA More than 300 electric bikes are joining the Los Angeles County bike-share program, officials announced Thursday. The expansion program headed by the Metropolitan Transportation Authority and L.A.'s Department of Transportation are planned to add ...
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FirstGroup confirms sale of UK bus division to focus on US business FirstGroup, one of the biggest British transport companies, will turn its back on the UK by selling off its bus division and possibly withdraw from UK rail operations, following pressure from major shareholders. The Aberdeen-based group announced it will focus ...
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City inks O'Hare terminal design deal with Jeanne Gang Jeanne Gang and her team will begin working immediately with the city and partner airlines to implement her futuristic design for the $8.5 billion terminal revamp, which features a sweeping roof, greenery and other amenities. Greg Hinz. On Politics.
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A new AccuWeather analysis predicts a significant dropoff in 2019 crop yields In this May 29, 2019 photo, young corn grows in a flooded field near Shenandoah, Iowa. Thousands of Midwest farmers are trying to make decisions as they endure a spring like no other. (AP Photo/Nati Harnik). AccuWeather is predicting a significant shortfall ...
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Check your credit card: Three Rally's restaurants in Kentucky hit by data breach. If you've eaten at Rally's lately, check your credit card. Parent company Checkers Drive-In Restaurants announced this week that computer systems at about 100 of its restaurants had been breached. According to the company, malware was installed on ...
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Drink Cocktails and Pet Rats at a Pop-Up Rat Bar SF's hottest rat cocktail experience. There are publicity stunts, and then there's the Rat Bar, a three-day pop-up from June 13 to to 15 at the permanent Fisherman's Wharf haunted house known as the San Francisco Dungeon. It's the second iteration of the ...
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Chevron sells North Sea assets to Delek for $2 billion Chevron will sell its North Sea assets in the United Kingdom for $2 billion to Israel's Delek Group. Delek is seeking to grow into a global offshore oil and gas powerhouse, while Chevron is moving out of an area that isn't considered a top priority. Delek's Ithaca ...
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2020 Lexus RX 450hL First Look Redesigned in 2016, the current Lexus RX is about halfway through its current generation, which means it's time for some updates. Rather than commission a full redesign, Lexus has given the 2020 Lexus RX 450hL and its siblings a smattering of tweaks.
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Free exchangeChina cannot easily weaponise its holdings of American government debt AN OLD SAYING: if you owe the bank $100 it's your problem; if you owe $100m it's the bank's. The adage is silent on debts like America's to China, of more than $1.1trn. The IOU looks like a source of leverage for China's leadership—a reason for President ...
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J&J slide intensifies as legal woes weigh on shares again Shares of Johnson & Johnson fell as much as 6.2%, the biggest drop in five months, as a trial implicating the drugmaker in the opioid crisis continues for a second day in Oklahoma. While Teva Pharmaceutical Industries reached a settlement with the state for ...
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Permanent TSB fined €21 million for tracker mortgage breaches Permanent TSB has been fined €21 million for tracker mortgage breaches. The Central Bank of Ireland reprimanded and fined the bank in respect of "serious failings" to 2,007 tracker mortgage customer accounts between August 2004 and October 2018.
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Green Growth Brands Generates Solid Sales Growth in Q1 Green Growth Brands (NASDAQOTH: GGBXF) hasn't had a great year so far. Its stock is down 12% year to date. The U.S.-based company also failed in its attempt to acquire Canadian cannabis producer Aphria (NYSE: APHA) earlier this year. But Green ...
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Washington named 2nd best state in nation for finding a job SEATTLE -- If you're looking for work, Washington is a good spot to conduct the search. The Evergreen State was just named the second-best state in the U.S. to find a job, according to research by WalletHub. The group compared all 50 states across 33 key ...
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Celebrate Buffalo's beer festival season with these 9 events Smiling faces at the 2017 Thin Man Summer Solstice Festival, which returns for another year. (Don Nieman/Special to The News). By Brian Campbell|Published May 30, 2019 |Updated Less than a minute ago. Share; Tweet; EMAIL. A friend of mine once told ...
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