I cover fintech, digital assets, and sustainable investments. NFT Non fungible token. Crypto art concept. Technology selling unique collectibles, games ...
NEW YORK (Reuters) - The dollar recovered from a nine-week low on Thursday, lifted by a rise in U.S. Treasury yields after the government reported strong economic growth for the first quarter and an improvement in new jobless claims in the latest week.
Francis Chou takes inspiration from Warren Buffett and his Berkshire Hathaway and aims to make Wintaai Holdings a massive conglomerate similar to Berkshire. Chou has a long and successful investing track record, most recently with Stonetrust Commercial ...
While the initial effects of the pandemic rocked Q2 2020, Q2 2021 follows a full year of Apple working to mitigate its impact. Quarterly earnings per diluted share were $1.40. That's technically down from ...
Over the past decade, as private equity firms like Blackstone, KKR and Carlyle Group have grown into a gargantuan size and raised buyout funds nearing or eclipsing $20 billion, one critique of their cash gusher was that it would inevitably drive fund returns ...
Instacart said Thursday that EBT payment capability for SNAP online purchases is now available chainwide at Lakeland, Fla.-based Publix, which operates 1,269 stores in Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia.
In the Royal Caribbean Group earnings call, Chairman and CEO Richard Fain said he had "high hopes" ships could resume operations from U.S. ports by mid-July,. "Last night ...
Each year, a number of groups release hospital ratings to help guide consumers when selecting hospitals. Many hospitals watch these ratings closely, touting them in their advertising in hopes of attracting more patients. Advertisement. Each ratings group has ...
Prospect Medical Holdings, a for-profit company based in California, has had a majority stake in the two hospitals since 2014. Prospect in turn is controlled by the private equity firm Leonard Green & Partners — ...
NEW YORK (Reuters) -IBM said on Thursday it has agreed to acquire Turbonomic, a provider of software that helps companies monitor the performance of their business applications, the latest in a series of cloud computing acquisitions by the tech giant.
The economy picked up speed last quarter, shaking off some of the lingering effects of the pandemic as consumer spending grew, bolstered by government stimulus checks and an easing of restrictions in many parts of the country. The Commerce Department ...
Restaurant companies, including Domino's Pizza and McDonald's, said that government stimulus checks to consumers boosted sales during the first quarter. Domino's executives said that the broader economy is still riding the wave of the stimulus checks.
Net sales climbed 44% to $108.5 billion, from $75.5 billion last year. On average, analysts predicted earnings of $9.54 per share and about $104 billion in revenues, according to Yahoo Finance. Amazon had previously forecast net sales of between $100 billion ...
The solar PV project will add 140 MWDC to the Electric Reliability Council of Texas' Houston Zone, enough to power approximately 15,000 homes with zero-carbon electricity.
New Haven, Connecticut-based Valisure's petition detailed that it had detected benzene as well as contaminants that are potential carcinogens in several batches across multiple brands of hand sanitizer. As a result, the company -- which ...
The numbers: Jobless benefit claims fell to 553,000 last week from a revised 566,000 a week earlier, the U.S. Labor Department said Thursday. With the revisions, this is the lowest level of claims since the pandemic struck last year. Economists surveyed by ...
The bounce back for McDonald's as restrictions were lifted across the U.S. was so strong in the first quarter that the company surpassed sales during the same period even in 2019, long before the pandemic broadsided the country. Support our journalism.
Nokia's CEO Pekka Lundmark said on the company's first quarter 2021 earnings call today, "The standout was our network infrastructure business, which had a fantastic quarter." The unit increased its net sales growth by 22% year over year.
Ride-sharing and food delivery stocks are tumbling on Thursday after Biden Administration Labor Secretary Marty Walsh said in an interview that most U.S. gig workers should be classified as employees and receive related benefits. That issue was the subject ...
Diners are coming back to Outback. Bloomin' Brands, the Tampa company behind Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and other chains, told investors Thursday that revenue from January to March inched ever closer to pre-pandemic ...
U.S. regulators are ordering airlines to fix a manufacturing flaw on electrical components on Boeing 737 MAX jets that had idled more than 100 of the planes around to world. Repairs to address the "unsafe condition" will cost about $155,000 to fix the 71 ...
Check out what's clicking on FoxBusiness.com. Verizon is bringing its 5G Ultra Wideband service to General Electric's corporate campus in Niskayuna, N.Y., as a test bed for transforming the corporate ...
The 18 mail processing centers that are being consolidated are located throughout the country, including plants in Erie, Pennsylvania; Wausau, Wisconsin; Huntsville, Alabama; Gainesville, Florida; Newburgh, New York; Paducah, Kentucky; and Seattle, ...
More Americans signed contracts to buy homes in March after two months of declines, pointing to a healthy housing market as summer approaches and the economy continues what shaping up to be a rapid recovery. By MATT OTT AP Business Writer.
With Frost Bank nearing completion of its Houston expansion, the largest regional bank based in San Antonio now is preparing to expand in Dallas. Frost Bank expects to add 25 locations in Dallas over a 30-month period starting early next year. "This will put ...
Law360 (April 29, 2021, 12:24 PM EDT) -- Skadden Arps Slate Meagher & Flom LLP, WilmerHale and Dechert LLP have agreed to a settlement with the U.S. Department of Justice to relinquish $1 million in fees earned in their representation of Purdue ...
Airbus CEO Guillaume Faury said Thursday that while the outlook for an aerospace rebound remains complex globally, the outlook for the U.S. is "quite bullish and looking for a very strong summer" and that a ramp-up in demand for single-aisle jetliners, such ...
Houston-based CenterPoint Energy Inc. (NYSE: CNP) is selling another portion of its natural gas business in a $2.15 billion deal. Colorado-based Summit Utilities Inc. will acquire CenterPoint's Arkansas and Oklahoma gas distribution assets. The assets ...
LOS ANGELES, April 29, 2021 (GLOBE NEWSWIRE) -- Mission, a managed cloud services provider and Amazon Web Services (AWS) Premier Consulting Partner, today announced its support as a Launch Partner for the AWS for Media & Entertainment ...
We need to get ahead of the looming widespread mental health concerns coming to the forefront due to all the pressures and tragedy of the pandemic. NAMI wants anyone who might have concerns for themselves or a loved ...
MOJAVE, Calif. -- The gigantic Stratolaunch aircraft flew Thursday for its second time, taking to the skies over the Southern California desert. The six-engine jet with the world's longest wingspan took off from Mojave Air and Space Port two years after its ...
The company, led by chairman Charlie Ergen and CEO Erik Carlson, posts its latest results. Dish Network reported that it lost about 230,000 net pay TV subscribers in the first quarter, compared with a ...
Plugging in should be simple under Ultium Charge 360. Chevrolet. "Keep it simple" is the ethos behind General Motors' Ultium Charge 360, a new charging ecosystem from the automaker that makes for seamless charging across numerous networks.
SCIOTO COUNTY, Ohio (WSAZ) - The Scioto County Health Department will be providing COVID-19 vaccines for residents who can't leave their home due to age, disability or medical impairment. To be eligible, you must live in Scioto County and meet the ...
The state says they identified over one million fraudulent, unemployment benefit claims. The labor department says they will continue to identify and prevent fraud and partner with law enforcement to hold criminals accountable.
PULASKI, Va. – One lucky Pulaski woman is a couple hundred thousand dollars richer thanks to a winning Virginia Lottery ticket. Mari Hall won $274,355 by matching all five winning numbers for the Cash 5 with the EZ Match game last week. "It just feels ...
Keurig Dr Pepper (KDP) has upped its projections for full year net sales growth to 4-6% after reporting an 11% increase in net sales during Q1 2021, the company announced this morning. ... Subscription to BevNET+NOSH Required. Subscribe today and get ...
Oil refiners in virus-battered India may decide to ramp up fuel exports as lockdowns across the country cut into local consumption, while a recovery in global demand lifts profits from potential overseas sales. State-owned Indian Oil Corp. and Bharat Petroleum ...
APPLETON, Wis. (WBAY) - Electric scooters are coming to Appleton. On April 30, the city will launch a pilot program with Bird. Bird says its mission is to "make cities more livable by reducing car usage, traffic, and carbon emissions." CLICK HERE to learn more ...
Roxy and Larry Maggio of Ludovico's Deli in Haddonfield. Credit: Matt Skoufalos. Just a few hours after announcing its closure, Larry and Roxy Maggio stood outside Ludovico's, the Haddonfield delicatessen they'd ...
After receiving FDA approval for its IPL device, Lumenis Ltd. announced that it is launching OptiLight, a bright solution for dry eyes. The FDA has granted De Novo authorization to Lumenis Ltd. for its newest IPL device for improving signs of dry eye disease ...
After a year of diminished demand for air travel due to COVID-19, things are finally looking up for the airline industry with the CDC easing travel restrictions. This comes just in time as American Airlines prepares to celebrate its 40th anniversary operating out of ...
"While 2020 posed many challenges to our business, including the temporary closure of all retail stores, we are committed to increasing our brick-and-mortar presence in order to serve more communities," said L.L.Bean President and CEO Stephen Smith.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average edged up to 2.98 percent with an average 0.7 point. (Points are fees paid to a lender equal to 1 percent of the loan amount and are in addition to the interest rate.) It ...
On an earnings call with analysts Thursday, CEO Marc Casper pointed to a string of recent investments — the PPD acquisition obviously the largest — as a sign that Thermo is leveraging its gushing cash flow to put itself in a position to succeed even once the ...
Does the dispute between Roku and YouTube TV have you worried about your live TV streaming setup? On Monday, Roku sent shockwaves through the cord-cutting community by sending a strongly-worded email to its userbase, warning of a potential ...
BOSTON (AP) — A new report by a public-private task force including Microsoft, Amazon, the National Governors Association, the FBI and Britain's and Canada's elite crime agencies offers a comprehensive plan for assaulting ransomware. Homeland Security ...
JetBlue is another step toward launching its service to London. Airbus announced on Thursday that JetBlue has taken delivery of its first A321LR, which will eventually operate the carrier's transatlantic routes. In total, JetBlue has 13 of the long-range Airbus ...
A new mask order issued in Rock County eliminates the mandate for wearing masks outdoors and says it is OK for fully vaccinated people not to wear masks indoors while with other fully vaccinated people. The Rock County Public Health Department issued ...
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