(Reuters) -U.S. crude oil stockpiles edged higher last week, rising less than expected as refiners ramped up activity, while distillate inventories slumped on stronger demand, the Energy Information Administration said on Wednesday. Crude inventories rose ...
The Samsung family announced on Wednesday that it will pay $10.8 billion in inheritance taxes after the death of Lee Kun-hee, Samsung's chairman, last year. South Korea has one of the highest inheritance taxes in the world. The family is required to inform ...
Enphase Energy reported first-quarter results that beat analyst estimates, but guidance was weak due to the ongoing semiconductor shortage. Wall Street firms including Goldman Sachs and JPMorgan said the dip represents a buying opportunity.
The Federal Housing Finance Agency, which oversees the two government-controlled mortgage giants, announced plans to ease credit requirements, simplify documentation and waive certain fees for borrowers seeking to refinance their loans. The program is ...
The bet paid off: Last month, Sutter Hill distributed a profit of nearly $12 billion on the less than $190 million it ultimately invested, as it transferred its shares in the company to its investors and partners, marking one of the most profitable investments ever in ...
In less than four months, investors have already poured more cash into ETFs tracking U.S. stocks than they did in all of 2020. The inflows of $246 billion this year eclipse last year's total of $231 billion, according to data compiled by Bloomberg.
Microsoft and Boeing—two other Dow stocks—are also falling hard after earnings, shedding 2.4% and 1.3%, respectively; Microsoft reported revenue of $41.97 billion—falling in line with analyst estimates but coming short of bullish investor expectations—while ...
In a head-to-head trial in patients with relapsed or refractory chronic lymphocytic leukemia (CLL) or small lymphocytic lymphoma (SLL), Brukinsa shrank tumors in significantly more patients than Imbruvica did by investigator assessment, BeiGene said ...
Drug-resistant fungi are a growing problem for hospitalized patients with weak immune systems. Currently, there are only three classes of antifungal treatments for such patients, and resistance to these drugs is growing. While ...
On May 4, the moon will closely resemble a taco during its waning crescent phase, so Taco Bell is calling it the "Taco Moon." To celebrate, it's planning to hand out for free the most tacos it ever has gifted on a single day and kick off a new ad campaign ...
JPMorgan Chase & Co. is teaming up with Singapore's Temasek Holdings Pte. and DBS Group Holdings Ltd. to create a new blockchain-based platform for payments, trade and foreign exchange settlement. The company, which will be named Partior, will ...
LinkedIn released its annual list of the top companies to work for in the United States, but this year, instead of focusing on the most desirable workplaces, the professional networking site looked at the best place for workers to enhance their careers. To develop ...
OMAHA, Neb. — Norfolk Southern's profit improved in the first quarter as the railroad hauled 3% more freight while the economy continued to recover from the coronavirus pandemic. The railroad said Wednesday that it earned $673 million, or $2.66 per share, ...
The Hong Kong Legislative Council approved a bill on Wednesday granting tax concessions for carried interest distributed by private equity funds operating in the city. The relief also applies to related remuneration paid to employees of such firms.
Mondelez (ticker: MDLZ) said it earned $961 million, or 68 cents a share, up from 51 cents a share in the year-ago period. On an adjusted basis, it earned 77 cents a share. Revenue rose 7.9% to $7.24 billion. Analysts were looking for EPS of 69 cents on ...
The advanced trade gap in goods climbed 4% to $90.6 billion in March, the U.S. Census Bureau said Wednesday. An advanced look at wholesale inventories, meanwhile, showed a 1.4% increase in March ...
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for ...
On Wednesday, Uber expanded a host of new services in its app to benefit travelers, just as more vaccinated Americans have begun booking vacations this spring. Thanks to the new update, travelers will have even more places to snag a rental car, especially ...
"JIRA Software's this de-facto standard," Atlassian's VP of Product Noah Wasmer told me. "We're making just huge inroads with JIRA Service Management right now, bringing IT teams into that loop. We have over 100,000 customers now on those two products.
Tesla (TSLA) on Wednesday revealed more details about its Bitcoin holdings and new regulatory hurdles. Tesla stock dipped. According to a 10-K filing, the EV maker said the value of its Bitcoin holdings as of March 31 was $2.48 billion.
Elon Musk tweeted about the meme-fueled crypto currency Dogecoin Wednesday, and added another title. Dogecoin prices are rising. Dreamstime. What do the the Tesla CEO and ...
The Krog District will include the market — which is known for its food hall — as well as Atlanta Stove Works and SPX Alley. Developers at Asana Partners also plan to erect two new buildings with retail and office space near the multi-use path in the Inman Park ...
New York City's Revel, best-known for its shared electric moped service, is aiming to launch an electric-car ride-hailing service using Tesla Inc. TSLA, -1.26% Model Ys, according to an interview with company co-founders in the Wall Street Journal. The plan is ...
A Bitcoin sign is seen at the entrance of a cryptocurrency exchange office on April 16, 2021 in Istanbul, Turkey. Chris McGrath | Getty Images. The recent deflation in ...
Teva Pharmaceutical (TEVA) reported a fourth quarter of lackluster sales on Wednesday, leading Teva stock to dive for the second straight day. For the first quarter ended March 31, the generic drugs behemoth reported $3.98 billion in sales. Sales declined ...
LAS VEGAS (AP) — Las Vegas is bouncing back to pre-coronavirus pandemic levels, with new economic reports showing increases in airport passengers and tourism, and a big jump in a key index showing that casinos statewide took in $1 billion in winnings ...
Wen: This is not a run-of-the mill blood clot. The clotting disorder, TTS, that's believed to be associated with the Johnson & Johnson vaccine, is a combination of blood clots and thrombocytopenia, or low platelets. This combination is extremely rare, and it's very ...
The company reported 478 million monthly active users (MAUs) as of March 31, up 30% from the prior-year period and slightly short of FactSet's consensus estimate of 480.5 million. The company's 90 ...
All products featured on Architectural Digest are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission. When it comes to affordable home goods, Wayfair is known for their deals.
In its first quarter earnings report, Owens Corning reported a 20 percent increase in consolidated net sales from the first quarter of 2021. The company listed $1.9 billion in net sales and net earnings of $210 million, with at least 12 percent before-tax margins in ...
The CDC and FDA have now found 15 U.S. cases in women between the ages of 18-59. These women experienced symptoms 1-2 weeks after receiving the Janssen COVID-19 vaccine. The chance of having this occur is remote," Marshfield Clinic said in a ...
Under normal driving conditions, the ID.4 GTX is propelled by the rear electric motor alone. However, when the car recognises a loss of traction or a demand for more power through the accelerator, it activates the front motor to keep the SUV planted or ...
Brooklinen, the company which offers classic and luxury sheets, blankets, comforters, pillows, candles, and fabric care products, is having a birthday sale. That's right now through May 5, 2021, Brooklinen is taking 20% everything on the web. Shop sheets ...
Boundless Bio CEO Zach Hornby was sitting in his La Jolla, CA office last fall, preparing for a board meeting when his computer pinged with an email. It was his CSO, Chris Hassig, emailing over tables and charts at the best possible time. Their new type of ...
BLOOMFIELD HILLS, Mich. (AP) _ Penske Automotive Group Inc. (PAG) on Wednesday reported first-quarter net income of $182.5 million. On a per-share basis, the Bloomfield Hills, Michigan-based company said it had profit of $2.26. The results surpassed ...
NEW YORK — After massive U.S. government spending helped send the stock market back to record heights, with even more potentially on the way, the bill may be coming due for the nation's wealthiest investors. President Joe Biden on Wednesday ...
BRUSSELS (Reuters) – EU antitrust regulators are unlikely to demand more concessions from insurance broker Aon over its $30 billion bid for Willis Towers Watson and are expected to give conditional clearance to the deal, people familiar with the matter ...
The newly formed hospitality group operates 61 dining and nightlife venues in 22 markets across five continents, with brands including Tao, Beauty & Essex, Hakkasan, Yauatcha and more.
DALLAS (AP) _ Texas Instruments Inc. (TXN) on Tuesday reported first-quarter earnings of $1.75 billion. The Dallas-based company said it had profit of $1.87 per share. The results surpassed Wall Street expectations. The average estimate of 11 analysts ...
The car's original sticker price of €416,500 made it something that only the extremely wealthy automotive enthusiasts could attain. Add in a lethargic demand for electric vehicles (especially electric performance vehicles) to the equation, and that appears to have ...
The nominees — Ron Stroman, a former deputy postmaster general; Amber McReynolds, who leads the nonprofit National Vote at Home Institute; and Anton Hajjar, the former general counsel of the American Postal Workers Union — now need to be confirmed ...
A 52-year-old Montgomery woman has been charged federally with COVID-19 loan fraud, accused of using CARES Act money to pay herself, her family and to buy luxury vehicles. Zsa Zsa Bouvier Couch was arrested Monday, according to a Wednesday ...
Morning! Humana has accelerated its plans to acquire the remaining 60 percent of Kindred at Home not already owned – buying stakes from TPG and Welsh, Carson, Anderson & Stowe. The deal values Kindred at Home at $8.1 billion, Humana said late ...
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