Business
- BusinessBloomberg
Treasury Yields Fall After PCE Inflation Data Meet Expectations
(Bloomberg) -- US Treasuries rose, sending benchmark yields down from the highest since November, after the Federal Reserve’s preferred gauge of inflation came largely in line with expectations. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldHuawei’s New Phone Runs Latest Version of Made-in-China ChipPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesAlphabet Beats Revenue Estimates
1 min read - BusinessBloomberg
SNB’s Jordan Warns New Inflation Shocks Could Hit ‘Any Time’
(Bloomberg) -- Global events continue to threaten Switzerland’s price stability despite the country’s strong record on inflation, Swiss National Bank President Thomas Jordan warned.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldHuawei’s New Phone Runs Latest Version of Made-in-China ChipPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesAlphabet Beats Revenue Estimates as AI Fuels Cl
4 min read - BusinessBloomberg
Activist Elliott Builds $1 Billion Anglo American Stake
(Bloomberg) -- Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, people with knowledge of the matter said, adding to the pressure on the UK-listed miner after it rejected a takeover approach from Australia’s BHP Group Ltd.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldHuawei’s New Phone Runs Latest Version of Made-in-China ChipPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingUS Economy Slows and Inflation
2 min read - BusinessJust Drinks
Keurig Dr Pepper to promote “value” of US coffee amid declining sales
In the three months to 31 March, KDP saw its US coffee division post a net sales fall of 2.1%.
3 min read - BusinessDetroit Free Press
Former Ford CEO Don Petersen, who spent 41 years with automaker, dies at 97
Don Petersen stepped out of the spotlight after leaving Ford as CEO, but his legacy is vast.
8 min read - BusinessMotley Fool
This Year's Top-Performing Dow Stock Is Down Over 8% In April. Is There More Pain Ahead?
Disney stock is having a good year for all the right reasons.
7 min read - BusinessAFP
EU toughens safety rules for online retailer Shein
The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are big enough to come under stricter safety curbs.The company joins Facebook, TikTok, X, YouTube and others on a list of "very large online platforms" which have more than 45 million monthly active users in the European Union.
2 min read - BusinessFreightWaves
FreightTech Friday: Wabash sees success with trailers-as-a-service
Glen Stewart, director of strategic programs at Wabash, discusses the company’s trailers-as-a-service (TaaS) offering, which is designed to help increase asset uptime. The post FreightTech Friday: Wabash sees success with trailers-as-a-service appeared first on FreightWaves.
5 min read - BusinessSourcing Journal
Levi’s to Work With ‘Union-Busting’ Turkish Factory on ‘Conditional Basis’
Months after hundreds of Özak Tekstil workers were fired after fighting for union choice, the manufacturer is undertaking a remediation plan.
6 min read - BusinessBellingham Herald mcclatchy
Looking for a remote job in Washington state? These nine pay six figures & are hiring now
Looking for a job that pays well but gives you the flexibility to work from home? These Washington that are taking applications now.
4 min read - USTri-City Herald
Woman sues after losing both legs in horrific Tri-Cities area farm accident
Lawsuit argues equipment was unreasonably dangerous.
3 min read - BusinessBloomberg
Tesla Autopilot Crashes Lead to US Investigation Into Adequacy of Recall
(Bloomberg) -- The top US auto-safety regulator is again investigating Tesla Inc.’s Autopilot, this time over whether the carmaker did enough months ago to address issues with its driver-assistance system.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldHuawei’s New Phone Runs Latest Version of Made-in-China ChipPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesAlphabet Beats Revenue
2 min read - BusinessAssociated Press
Online retailer Shein is latest to face strict European Union digital regulations
Online fast-fashion retailer Shein must face the European Union's strictest level of digital regulations, the bloc said on Friday as it added the company to its list of big platforms that need extra scrutiny. The EU's Executive Commission said it formally classed Shein as a “very large online platform” under the 27-nation bloc's Digital Services Act, an expansive rulebook designed to clean up online platforms and keep internet users safe. Shein is a low-cost online retailer that was founded in
2 min read - BusinessInsider Monkey
The 25 Best Sportswear Brands in the World
In this article, we shall discuss the 25 best sportswear brands in the world. To skip our detailed analysis of the global sports apparel industry in 2024, go directly and see The 10 Best Sportswear Brands in the World. The Global Sports Apparel Industry: An Overview Sports apparel refers to the clothes that one wears […]
11 min read - BusinessHuffPost
First Amendment Law Firm Recruiting TikTok Creators To Challenge Possible Ban: Report
TikTok has already announced it is planning legal action against the divestiture bill recently signed by President Joe Biden.
3 min read - BusinessJust Drinks
PepsiCo US woes, Nestlé in India, Heineken Europe sales – Just Drinks’ week in data
Each week we bring you a snapshot of the news through data.
4 min read - BusinessInsider Monkey
20 Countries That Have The Potential To Be Major Tourist Destinations
In this article, we shall discuss the 20 countries that have the potential to be major tourist destinations. To skip our detailed analysis of the global tourism industry in 2024, go directly and see 10 Countries That Have The Potential To Be Major Tourist Destinations. Global Tourism Industry Outlook: Key Trends According to World Tourism […]
11 min read - USThe Des Moines Register
Visitors can take a firsthand look at how Winnebago RVs are built in Forest City
Winnebago Industries will once again be offering visitors a chance to tour its manufacturing facilities in Forest City and Lake Mills.
2 min read - WorldBBC
'My duty to correct the record' says council boss
The chief executive defends sending an "unlawful" email he says was to correct union misinformation.
3 min read - BusinessZacks
Galp Energia (GLPEY) Taps Into Vast Hydrocarbon Reserves
Galp Energia (GLPEY) concludes the first phase of exploration of the Mopane field in PEL 83 and estimates that it might contain nearly 10 billion barrels of oil.
3 min read - BusinessWSB Cox articles
QuikTrip is closing its midtown Atlanta store partly due to crime
On Thursday, the company said it will be closing the store on May 3, because of safety concerns and low performance.
1 min read - BusinessBloomberg
Exxon, Chevron Fall After Disappointing First-Quarter Showings
(Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. declined after disappointing first-quarter performances.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesHuawei’s New Phone Runs Latest Version of Made-in-China ChipAlphabet Beats Revenue Estimates as AI Fuels Cloud GrowthPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingExxon dropped as much as 3.2% in pre-market trading and Chevron
3 min read - BusinessMotley Fool
1 Unstoppable Artificial Intelligence (AI) Stock to Buy and Hold Forever
This company should continue to make millionaires, just as it has over the past two decades.
4 min read - WorldInsider Monkey
20 Countries that Produce the Most Pollution in the World
In this article, we will look into the 20 countries that produce the most pollution in the world. If you want to skip our detailed analysis, you can go directly to the 5 Countries That Produce the Most Pollution in the World. World Pollution Outlook The relentless pursuit of economic growth is leading to a […]
9 min read - USThe Des Moines Register
Iowa regulators reject call to consolidate pipeline permits, saying it would delay project
Iowa regulators deny opponents' efforts to consolidate Summit's carbon capture pipeline permits, saying it's an effort to delay the $8 billion project.
4 min read - BusinessJust Auto
GM’s Mary Barra: “EV adoption in luxury segments is more resilient”
CEO gives product updates alongside Q1 2024 results
3 min read - BusinessBloomberg
Whirlpool Bets Starbucks Drinkers Will Buy a $2,000 Espresso Maker
(Bloomberg) -- Whirlpool Corp. is struggling to sell large appliances so it’s hoping you’ll pay big appliance prices for a high-end espresso machine.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldHuawei’s New Phone Runs Latest Version of Made-in-China ChipPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesAlphabet Beats Revenue Estimates as AI Fuels Cloud GrowthThe company launched n
3 min read - BusinessFreightWaves
Cargo airline Amerijet warns of pilot furloughs amid downsizing
Amerijet, trying to pull out of a downward spiral, is floating possible furloughs to address a pilot surplus. The post Cargo airline Amerijet warns of pilot furloughs amid downsizing appeared first on FreightWaves.
6 min read - BusinessBBC
John Lewis job applicants get questions beforehand
The retail group hopes giving candidates sight of questions will make process fairer.
2 min read - BusinessReuters
Intel falls as weak PC chip demand hurts second-quarter forecast
The stock has fallen around 30% so far this year as Intel trails rival chip companies like Nvidia in producing advanced artificial intelligence (AI) chips and components. Intel forecast second-quarter revenue of $12.5 billion to $13.5 billion, compared with analysts' average estimate of $13.57 billion, according to LSEG data. Intel is planning a $100 billion spending spree across four U.S. states to build and expand factories.
1 min read - BusinessJust Auto
Auto China 2024: Bosch to launch urban autopilot functions in China
Due in May this year
1 min read - BusinessJust Food
Nestlé invests $195m to expand US pet food plant
The expansion is expected to boost production of Purina wet pet-food brands by nearly 50%.
2 min read - BusinessJust Food
Prime Meats to seek acquisitions after Shoreline Equity investment
Founder Norberto Sanchez and CEO Daniel Arcila will remain with the Georgia-based protein supplier.
2 min read - BusinessJust Food
Nestlé growth blip, Unilever volume optimism, Hochdorf gloom, Reckitt woes – Just Food’s week in data
Each week, we bring you a snapshot of the news through data.
7 min read - BusinessJust Style
Skechers revenues driven by strong domestic, international sales
US sportswear brand Skechers recorded a 12.5% increase in sales to $2.25bn during the first quarter of fiscal 2024 propelled by rising sales in both domestic and international markets.
2 min read - BusinessPower Technology
Procter & Gamble selected for offtake from Swedish wind farm
This is the fourth power purchase agreement (PPA) Renewable Power Capital has signed for its upcoming Swedish wind farm cluster.
2 min read - BusinessReuters
Daimler Truck faces imminent strike by over 7,300 US workers
Daimler Truck must reach a new labor contract with over 7,300 hourly workers at six facilities in the U.S. South by the end of Friday or face a possible strike by the United Auto Workers (UAW) union members. The workers are seeking higher pay, institution of cost-of-living adjustments and greater job security from the heavy-truck maker, UAW President Shawn Fain said during an online speech earlier this week. "Workers' wages at Daimler have not kept up," he said on Tuesday.
2 min read - BusinessRetail Insight Network
Co-op stores to be powered by solar energy
Co-op will utilise the clean energy produced from ScottishPower Renewables’ Coldham solar farm in Cambridgeshire.
1 min read - BusinessRetail Insight Network
Unilever’s Power Brands drive sales growth, volume up in Q1
Unilever reported underlying sales growth of 4.4% in the first quarter (Q1) of 2024. The company attributed this growth to an increase in volume growth, which rose to 2.2% in Q1 compared to 1.8% in the fourth quarter of 2023. Unilever’s Power Brands segment, which makes up 75% of the company’s turnover, reported underlying sales…
2 min read - BusinessReuters
Exxon misses on Q1 profit despite big gains in Guyana
HOUSTON (Reuters) -Exxon Mobil Corp on Friday missed analysts' estimates with a 28% year-on-year drop in first quarter profits as weaker refining margins and lower natural gas prices offset volume gains. Latest results from oil and gas companies including Chevron and TotalEnergies reflect a sharp downturn in natural gas prices after a warmer than usual Northern Hemisphere winter cut demand and pushed up inventories. Exxon, which is in the process of closing a $60 billion deal for top shale oi
4 min read - BusinessWBRE
PPL billing issue settlement modified, $1M investment and more transparency required
EYEWITNESS NEWS (WBRE/WYOU)— The Pennsylvania Public Utility Commission (PUC) announced a modification to their settlement with PPL that will require more transparency and a $1 million investment into their hardship fund following the widespread billing issues that affected nearly 800,000 customers in 2023. On Thursday, the PUC voted 3-2 to modify the settlement between the PUC’s […]
2 min read - BusinessMotley Fool
This Stock Has Billionaire Buy-in. Time to Add It to Your Portfolio?
Over 10% of this billionaire's equity portfolio is in this tech stock.
5 min read - BusinessWCMH
The future of Hoof Hearted Brewery and Kitchen is caught up in a legal dispute
COLUMBUS, Ohio (WCMH) – The companies behind an Italian Village brewery and kitchen are in an “irreconcilable deadlock” over the future of their business partnership. Marengo-based Hoof Hearted Brewing and A&R Creative Group, which owns multiple bars across Columbus, joined forces to open Hoof Hearted Brewery and Kitchen on North Fourth Street in 2016. And […]
2 min read - BusinessZacks
3 Healthcare Mutual Funds to Ensure a Robust Portfolio
Below, we share with you three top-ranked healthcare mutual funds. Each has earned a Zacks Mutual Fund Rank #1.
2 min read - BusinessBloomberg
Chevron Exceeds Estimates on Oil-Output Gains Amid $80 Crude
(Bloomberg) -- Chevron Corp. surpassed expectations for a second straight quarter as strong oil-production growth from recent acquisitions helped the company take advantage of crude prices above $80 a barrel. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldHuawei’s New Phone Runs Latest Version of Made-in-China ChipPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesAlphabet Beats Reve
2 min read - BusinessBloomberg
Gold Heads For Weekly Loss as US Inflation Concerns Sap Demand
(Bloomberg) -- Gold edged up ahead of US inflation data due Friday, but was still headed for a weekly loss.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldHuawei’s New Phone Runs Latest Version of Made-in-China ChipPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesAlphabet Beats Revenue Estimates as AI Fuels Cloud GrowthTraders are awaiting the release of the personal consumption exp
1 min read - BusinessReuters
Chevron posts Q1 profit beat with oil production gains
(Reuters) -Oil giant Chevron Corp beat estimates for first-quarter profit on Friday as higher production volumes in the U.S. helped offset a hit from weak natural gas prices and fuel margins. Chevron and Exxon Mobil, which posted first quarter results that missed Wall Street consensus estimates, are feeling the pinch of weak energy prices and fuels margins that have cooled in the last year. A glut of natural gas and a warmer-than-expected winter slashed natural gas prices, eating into earnings
2 min read - BusinessJust Auto
Auto China 2024: Nio, Lotus to cooperate on batteries
Strategic cooperation on battery charging and swapping
1 min read - BusinessFortune
Huawei reportedly keeps getting advanced chips, even as the U.S. tries to tighten the screws on China’s semiconductor industry
Huawei's latest smartphone, the Pura 70, features another advanced chip according to a teardown by the consultancy TechInsights.
3 min read - BusinessBloomberg
Citi, JPMorgan See Carry Trade Revive as Fed Hawkishness Spreads
(Bloomberg) -- Emerging-market currencies will be attractive for carry traders as hawkishness has been spreading from the Federal Reserve to many developing central banks, according to strategists from Citigroup Inc. and JPMorgan Chase & Co. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldHuawei’s New Phone Runs Latest Version of Made-in-China ChipPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingUS Economy Slows and Inflation Jumps, Damping Soft
2 min read
