Business

  • BusinessMotley Fool

    ExxonMobil Continues to Find Oil in a Place Chevron Really Wants to Be

    Exxon made its latest discovery offshore Guyana.

    4 min read
  • BusinessReuters

    Bentley looks to launches after 'emotional sensitivity' slowed car sales

    British luxury carmaker Bentley on Tuesday reported a lower operating profit for 2023 after a weak economy and high interest rates hit sales, but the company said its performance had stabilised and new launches would boost it in 2024. "We had an uneven performance for the first time in about four years," CEO Adrian Hallmark told reporters. For those who leased rather than bought cars with a starting pre-tax price above 220,000 euros ($238,590), interest rates had led to a tripling in monthly f

    1 min read
  • BusinessRaleigh News and Observer

    Is 6% commission dead? What NC homeowners should know after landmark settlement

    The National Association of Realtors (NAR) has settled a series of antitrust lawsuits. The deal could change how homes are bought and sold in NC.

    6 min read
  • BusinessBloomberg

    Yen Drops on BOJ’s Dovish Tone, US Futures Decline: Markets Wrap

    (Bloomberg) -- The yen weakened after the Bank of Japan brought an end to the world’s last negative interest-rate policy and emphasized that financial conditions will remain easy.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-Conquering AI ProcessorEvergrande’s Alleged $78 Billion Fraud Is

    4 min read
  • BusinessMotley Fool

    The Best Energy Stock to Invest $1,000 in Right Now

    Brookfield Renewable should continue enriching its investors.

    4 min read
  • USAsheville Citizen-Times

    NC Attorney General says HCA lawsuit counterclaims 'flatly contradicted' by patients

    In a new legal filing, NCAG Josh Stein moved to dismiss counterclaims brought by HCA regarding the company's alleged Mission Hospital contract breach.

    4 min read
  • LifestyleThe Florida Times-Union

    Here are the most expensive homes sold in Duval County for early 2024

    Homes along First Coast waterways dominated Duval County's top real estate sales for January 2024.

    4 min read
  • BusinessBBC

    Unilever is cutting jobs and splitting off ice cream unit

    Wall's, Ben & Jerry's and Magnum are among the brands that will be spun-off as part of a restructuring plan.

    2 min read
  • BusinessAutocar articles

    JLR to recruit 250 electrical technicians in Range Rover and EV push

    New roles, part of a £15bn investment, join 300 additional positions created by British car maker last year

    3 min read
  • BusinessBloomberg

    Exchange Investigates Flash Crash That Sent Bitcoin to $8,900

    (Bloomberg) -- Crypto exchange BitMEX is investigating unusual trading activity that led to a flash crash in Bitcoin on its platform yesterday.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-Conquering AI ProcessorEvergrande’s Alleged $78 Billion Fraud Is Among Biggest EverThe price of Bitc

    1 min read
  • USErie Times News

    Judge lets nurse proceed with sexual harassment case over conduct at Erie County Prison

    Plaintiff claims official at Erie County Prison spanked her, and she lost her job when she complained about "hostile work environment."

    2 min read
  • BusinessAFP

    Ben & Jerry's owner Unilever to spin off ice cream arm

    British consumer goods giant Unilever announced Tuesday that it will separate its ice cream unit, whose top-selling products include Ben & Jerry's and Magnum, as a standalone business.It added: "After separating Ice Cream and implementing the productivity programme, Unilever will have a structurally higher margin."

    2 min read
  • WorldAssociated Press Finance

    Sex trade to slavery: A UN agency says criminals reap $236B a year in profits from forced labor

    Illegal profits from forced labor worldwide have risen to the “obscene” amount of $236 billion per year, the U.N. labor agency reported Tuesday, with sexual exploitation to blame for three-fourths of the take from a business that deprives migrants of money they can send home, swipes jobs from legal workers, and allows the criminals behind it to dodge taxes. The International Labor Organization said the tally for 2021, the most recent year covered in the painstaking international study, marked a

    4 min read
  • BusinessBloomberg

    Trading Floors Buzz With Excitement as BOJ Axes Negative Rates

    (Bloomberg) -- One word echoed across trading floors from Tokyo to Singapore as the Bank of Japan raised rates for the first time in 17 years — ‘finally’.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-Conquering AI ProcessorEvergrande’s Alleged $78 Billion Fraud Is Among Biggest EverThe bu

    5 min read
  • TechnologyEngadget

    GOG gets into cloud gaming with Amazon Luna partnership

    GOG, the gaming storefront owned by CD Projekt, is getting into cloud gaming by teaming up with Amazon Luna.

    2 min read
  • USThe Bergen Record

    Looking for a rental? These are five of the best towns for renters in North Jersey

    While there's really nowhere in North Jersey that is technically "affordable," there are towns that have lower rents and more availability than others.

    5 min read
  • BusinessBloomberg

    Evergrande’s Alleged $78 Billion Fraud Is Among Biggest Ever

    (Bloomberg) -- China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history. Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-Conquering AI ProcessorEver

    5 min read
  • BusinessBloomberg

    Yen Slides Past 150 Per Dollar as Yield Gap With US Remains Wide

    (Bloomberg) -- The yen weakened past 150 per dollar after the Bank of Japan ended the world’s last negative policy rate while keeping financial conditions easy for now. Bonds and shares both gained. Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-Conquering AI ProcessorEvergrande’s Alleged

    3 min read
  • BusinessLivingston Daily | Daily Press & Argus

    Howell exec reflects on being a female boss in manufacturing

    Powell, 35, of Howell, runs operations at Medline Industries in Howell, where the manufacturer employs about 130 people.

    2 min read
  • BusinessBloomberg

    Japan’s Stock Rally Seen Motoring Ahead Despite BOJ’s Rate Hike

    (Bloomberg) -- The Bank of Japan’s decision to end its negative-interest-rate policy has left markets largely unruffled because it was flagged well in advance, and the nation’s stocks should be able to extend their recent rally, analysts say. Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-

    4 min read
  • BusinessYork Daily Record

    Comings & goings: Dollar General opens in southern York County; Downtown Inc has new chief

    Also: A market in Yoe is closing.

    3 min read
  • BusinessCoinDesk

    Crypto Compliance Platform Keyring Raises $6M to Unlock DeFi for Institutions

    The company allows institutional investors to comply with regulations when interacting with DeFi, and recently facilitated a proof of concept trial with Nomura's crypto arm Laser Digital by building a compliance wrapper on top of USDC stablecoin.

    1 min read
  • BusinessCoinDesk

    Bitcoin No Longer Trading at a Premium on Coinbase, Data Show

    The so-called Coinbase premium has evaporated, indicating a weaker stateside buying pressure.

    1 min read
  • BusinessThe Monroe News

    Michigan Credit Union League honors Monroe's Kate Hall

    Kate Hall from Monroe Community Credit Union is Michigan Credit Union League's 2023 Young Professional of the Year.

    2 min read
  • BusinessCoinDesk

    Grab’s Singapore Users Can Now Use Crypto to Make Payments

    The Grab super app is now making available the option of paying in cryptocurrencies, The Straits Times reported Tuesday citing alerts from Grab users.

    1 min read
  • BusinessPetoskey News Review

    Free ride for truck driving school available from Michigan Works!

    Michigan Works! is offering free CDL training with any approved truck driving school. Those who qualify must start classes by June 30.

    1 min read
  • BusinessAFP

    AI titan Nvidia ramps up collaboration with Chinese auto giants

    Nvidia on Monday announced a major expansion of its collaboration with world-leading BYD and other Chinese electric car makers, including on the development of autonomous AI-boosted vehicles.Nvidia said other major Chinese EV firms, including XPeng, Li Auto, ZEEKR and GAC Aion have also adopted the Thor platform, which was first announced in 2022.

    2 min read
  • BusinessReuters

    Bitcoin slides 6%, while altcoins sparkle

    The price hit a record high of nearly $74,000 on Thursday last week, which has triggered some profit-taking, along with a series of U.S. data releases that suggested the Federal Reserve may not cut interest rates this year as much as previously thought. In the last week, bitcoin has fallen by nearly 9%, set for its largest week-on-week decline since last September, while ether has lost 13% following an upgrade to the underlying ethereum network.

    2 min read
  • BusinessReuters

    Unilever to spin off ice cream business, cut 7,500 jobs for cost savings

    Unilever said on Tuesday it would spin off its ice cream unit, home to popular brands such as Magnum and Ben & Jerry's, and cut 7,500 jobs in a new cost-savings programme. Investors cheered the plan, sending Unilever shares up more than 5% in early trading. The spinoff will begin immediately and is expected to complete by the end of 2025, London-listed Unilever said.

    3 min read
  • BusinessFortune

    Evergrande founder Hui Ka Yan was once China’s richest person. Beijing now accuses him of inflating his company’s revenue by almost $80 billion

    The allegations from China's securities regulator will put Evergrande at the center of a fraud case that dwarfs scandals from Luckin Coffee or Enron.

    3 min read
  • BusinessBloomberg

    India Buying More US Oil as Sanctions Stifle Russian Flows

    (Bloomberg) -- Indian oil refiners are on track to take the most American crude in almost a year after tighter enforcement of US sanctions crimped trade with Russia and forced processors to look elsewhere for supply.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-Conquering AI ProcessorEver

    2 min read
  • BusinessZacks

    Hewlett Packard Enterprise (HPE) to Boost Houston Airports' Networking (Revised)

    Hewlett Packard Enterprise (HPE) announces that its Wi-Fi 6E-enabled HPE Aruba Networking solution has been chosen by Houston Airports.

    3 min read
  • TechnologyCoinDesk

    Bitcoin Virtual Machine Will Soon Let Users Create AI Models on Bitcoin Network

    “We've figured out a way to put AI on-chain,” lead developer punk3700 told CoinDesk in an X message.

    1 min read
  • WorldReuters

    Philippines sees up to $6 billion of investments in casino sector in next 5 years

    Foreign and domestic firms are expected to invest much as $6 billion in the Philippines' casino sector in the next five years, the head of its gaming regulator said, bolstering its status among Asia's top gambling destinations as competition increases. At least one new casino-resort will open every other year including in areas outside Manila like Clark, a former U.S. military base north of the capital, and Cebu in the country's central region, Philippine Amusement and Gaming Corp Chairman Alej

    2 min read
  • BusinessBloomberg

    Short Volatility Trades Are Starting to Rule Currency Markets

    (Bloomberg) -- Betting against volatility has become a profit-minting machine in currency markets. So much so that Wall Street firms say clients are giving up on wagers that go in the opposite direction.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-Conquering AI ProcessorEvergrande’s Alle

    4 min read
  • BusinessBloomberg

    Top Treasury Official Stresses US Ambitions for Africa’s Metals

    (Bloomberg) -- US Deputy Treasury Secretary Wally Adeyemo used a five-day trip to South Africa to advertise his country’s ambitions of securing supplies of the metals needed for the global energy transition — materials that abound in Africa. Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-C

    2 min read
  • WorldCoinDesk

    Nigerian Court Orders Binance to Relinquish Data of All Nigerians Trading on its Platform: Report

    A Nigerian court has ordered Binance to provide Nigeria's Economic and Financial Crimes Commission (EFCC) with comprehensive information on all persons from the nation trading on its platform.

    2 min read
  • BusinessFortune

    British banks scramble after a Big Lebowski-inspired ‘Dudeist priest’ in Northern Ireland filed hundreds of false documents

    The person behind hundreds of false charge-settlement filings reflected on the U.K.'s Companies House site is an ordained "Dudeist" priest.

    3 min read
  • BusinessGuruFocus.com

    Director James Welch Sells 2,000 Shares of SkyWest Inc (SKYW)

    Director James Welch executed a sale of 2,000 shares of SkyWest Inc (NASDAQ:SKYW) on March 15, 2024, according to a recent SEC Filing.

    2 min read
  • BusinessFortune

    Intel’s new chip foundry for the AI age builds on CEO Pat Gelsinger’s mission to establish sustainable supply chains

    “There are three words that I care about: resilient supply chains, sustainable supply chains, trusted supply chains," says Gelsinger.

    3 min read
  • BusinessCoinDesk

    FTX Users Describe 'Emotional Toll' From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried's Sentencing

    The Department of Justice filed dozens of victim impact statements from FTX creditors Monday ahead of Bankman-Fried's sentencing next week. These victims hail from around the world, with the letters describing their FTX holdings and the effect FTX's bankruptcy had on their lives.

    3 min read
  • BusinessCoinDesk

    Bitcoin Flash Crashed to $8.9K on BitMEX

    Large sell orders worth $55.49 million drove bitcoin’s price down to $8,900 on BitMEX. The overnight crash was short-lived.

    2 min read
  • BusinessBloomberg

    Africa’s Biggest Economies Set to Hold Interest Rates as Inflation Risks Linger

    (Bloomberg) -- Central banks in Africa’s biggest economies are set to diverge from their emerging-market peers in Latin America and Europe over the next two weeks, as they maintain tight monetary policies to contend with persistent inflation.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-C

    5 min read
  • BusinessCoinDesk

    BTC Maintains $65K as GBTC Outflows Hit Highest Level Ever

    Outflows of GBTC tend to add pricing pressure to bitcoin because of increased selling

    1 min read
  • BusinessBloomberg

    Vietnam’s Stock Trading Volume Jumps to Record as Investors Sell

    (Bloomberg) -- Vietnamese stocks’ trading volume soared to a record high as speculation the nation’s president may quit hit investor sentiment. Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-Conquering AI ProcessorEvergrande’s Alleged $78 Billion Fraud Is Among Biggest EverAbout 1.74 billi

    1 min read
  • BusinessGuruFocus.com

    Director Lizanne Gottung Sells 2,500 Shares of Louisiana-Pacific Corp (LPX)

    Lizanne Gottung, a director of Louisiana-Pacific Corp (NYSE:LPX), has sold 2,500 shares of the company on March 15, 2024, according to a recent SEC filing.

    2 min read
  • BusinessGuruFocus.com

    Insider Sell: EVP & CFO Matthew Calderone Sells 3,000 Shares of Booz Allen Hamilton Holding ...

    Matthew Calderone, the Executive Vice President and Chief Financial Officer of Booz Allen Hamilton Holding Corp (NYSE:BAH), has sold 3,000 shares of the company on March 15, 2024, according to a recent SEC filing.

    2 min read
  • BusinessGuruFocus.com

    Insider Sell: COO & GM Edge Technology Group Adam Karon Sells Shares of Akamai Technologies ...

    Akamai Technologies Inc (NASDAQ:AKAM), a global leader in content delivery network services and cloud security solutions, has seen a recent insider transaction according to the latest SEC filings.

    2 min read
  • LifestyleTODAY

    Skyline Chili switches from Pepsi to Coca-Cola, upsetting Mountain Dew fans

    Skyline Chili switches from Pepsi to Coca-Cola, upsetting Mountain Dew fans who love the combination of the soft drink with the Cincinnati chain's food.

    3 min read
  • BusinessBloomberg

    WuXi Biologics Options See Frenzy Amid US Policy Uncertainty

    (Bloomberg) -- Traders have piled into options on WuXi Biologics Cayman Inc. to protect against potential swings, with its sister company’s earnings in focus on Tuesday.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-Conquering AI ProcessorEvergrande’s Alleged $78 Billion Fraud Is Among Big

    1 min read