Business
- BusinessReuters
Siemens's share slump to one-year low after CFO's gloomy outlook
Thomas's comments on sales and margins were described by Redburn Atlantic analyst James Moore as concerning. Two traders also pointed to cautious comments on China from Thomas, who sees a more difficult environment than expected in China in factory automation.
1 min read - BusinessTime
Banks Aren't Doing Enough to Protect Customers From Scams
Experts say it's time for banks to take more responsibility for preventing scams
10 min read - TechnologyAssociated Press Finance
An AI robot is spotting sick tulips to slow the spread of disease through Dutch bulb fields
Theo works weekdays, weekends and nights and never complains about a sore spine despite performing hour upon hour of what, for a regular farm hand, would be backbreaking labor checking Dutch tulip fields for sick flowers. On a windy spring morning, the robot trundled Tuesday along rows of yellow and red “goudstuk” tulips, checking each plant and, when necessary, killing diseased bulbs to prevent the spread of the tulip-breaking virus. As part of efforts to tackle the virus, there are 45 robots
3 min read - BusinessBloomberg
Barings Lawsuit Over Talent ‘Raid’ Ups the Ante in Private-Credit Tussle
(Bloomberg) -- “One of the largest corporate raids at an asset manager in years.” As a summing up of what befell private credit stalwart Barings over a single miserable March weekend, it’s hard to beat.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 TeamNvidia Unveils Successor to Its All-Conquering AI ProcessorMusk Says His Ketamine Prescription Is in Investors’ Best InterestsEvergrande’s Alleg
4 min read - BusinessMotley Fool
Is Archer Aviation a Millionaire Maker?
Archer Aviation is a $1.5 billion company in a potentially $1.5 trillion industry.
4 min read - BusinessBloomberg
US Housing Starts Rise by Most Since May After Steep Decline
(Bloomberg) -- New US home construction bounced back sharply last month from weather-related weakness at the start of the year as builders benefit from slightly more favorable mortgage rates and a dearth of existing houses for sale.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 TeamNvidia Unveils Successor to Its All-Conquering AI ProcessorMusk Says His Ketamine Prescription Is in Investors’ Be
2 min read - TechnologyEngadget
ASUS Zenbook Duo review: The first dual-screen laptop worth buying
Starting at $1,500 and with dimensions that aren’t much bigger than a traditional clamshell, ASUS’ Zenbook Duo is the first dual-screen laptop you’d actually want to buy.
8 min read - BusinessTechCrunch
Ethos Fund closes first fund to invest in founders bridging U.S. and Vietnamese tech ecosystems
Yi and Shin started Ethos Fund two years ago to bridge opportunities and startup communities between Vietnam and the United States. Yi and Shin are working with companies in two ways: in the U.S. to invest in what they call “third culture founders,” which they define as “brilliant minds who don't just belong to one culture but have been shaped by multiple ones,” solving problems they care about.
4 min read - USThe Des Moines Register
No affordable rental homes completed in Des Moines in 2023, report says
Though it succeeded in getting some Habitat homes built for buyers, the city of Des Moines missed most of its other affordable housing goals for 2023
3 min read - BusinessBloomberg
BofA’s CEO Says Commercial Real Estate Will Be ‘Slow Burn’
(Bloomberg) -- Bank of America Corp.’s Chief Executive Officer Brian Moynihan said it’ll take time for the banking industry to work through issues with commercial real estate loans, after a New York regional lender alarmed investors with its exposure to troubled debt.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 TeamNvidia Unveils Successor to Its All-Conquering AI ProcessorMusk Says His Ketam
3 min read - BusinessCNN Business
Why Zillow is worried about America’s housing market shakeup
Shares of Zillow have dropped nearly 20% since Thursday as investors feared that lower commission rates for agents could lead to less business for the real estate platform.
5 min read - BusinessInsider Monkey
Should You Hold Expedia (EXPE) for the Long Term?
ClearBridge Investments, an investment management firm, released its fourth-quarter 2023 “Mid Cap Strategy” investor letter, which can be downloaded here. As a late-year rally was fueled by confidence about an economic soft landing, a dovish flip by the Fed, and broader market performance, mid-cap stocks saw strong gains. Due to an inconstant industrial and consumer discretionary […]
2 min read - BusinessBloomberg
George Lucas, Major Disney Shareholder, Backs Iger in Proxy War
(Bloomberg) -- George Lucas, the legendary Hollywood filmmaker, said he would support Walt Disney Co. Chief Executive Officer Bob Iger in a bitter proxy battle with activist investors. 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 TeamNvidia Unveils Successor to Its All-Conquering AI ProcessorMusk Says His Ketamine Prescription Is in Investors’ Best InterestsEvergrande’s Alleged $78 Billion Fr
2 min read - BusinessWFXT
Call it a comeback? Ames shares details on plan to open 35 brick-and-mortar locations
Ames Department Stores, a once-prominent New England-based discount retail chain, has announced details on a plan to open nearly three dozen brick-and-mortar locations across the United States. In an updated online post, Ames said that its new scheduled opening date for 35 stores begins in June 2026. Ames didn’t post a list of planned locations but said it hopes to have all 35 locations up and running by late 2027, with a plan to add additional stores during 2028.
1 min read - BusinessInsider Monkey
11 Best Energy ETFs: Top Oil, Gas and Renewable Energy Funds
In this article, we discuss 11 best energy ETFs to buy. If you want to skip our discussion on the energy sector, head over to 5 Best Energy ETFs: Top Oil, Gas and Renewable Energy Funds. The oil and gas sector has witnessed a significant increase in merger and acquisition (M&A) activity, surpassing $155 billion […]
14 min read - USThe Des Moines Register
Raygun to open Lincoln, Nebraska store, plans future expansion. Where will it go next?
Raygun owner Mike Draper talks about new Lincoln, Nebraska, store and his thinking about other Midwest markets
4 min read - TechnologyDigital Trends
Nvidia DLSS is amazing, but only if you use it the right way
DLSS is quickly become a cornerstone feature of modern PC games. Here's all of the ins and outs of Nvidia's AI-driven tech, and how to make the most use of it.
12 min read - BusinessJalopnik
United Airlines CEO Promises To Keep Passengers Safe, The Lowest Bar To Clear
United Airlines CEO Scott Kirby has published an open letter to customers as a response to the airline’s multiple high-profile mechanical failures over the past two months. Boeing aircraft operated by the carrier had a landing gear tire fall off, a slat break apart and an engine burst into flames, among several other mishaps. With things looking dicey at United, Kirby wrote:
2 min read - USMilwaukee Journal Sentinel
A group is developing a Black art museum. A Milwaukee official questioned its racial makeup
The nonprofit Bronzeville Center for the Arts Inc. plans to develop the museum at North King Drive and West North Avenue. That's a former DNR site.
3 min read - BusinessInsider Monkey
15 Highest Quality Rice Brands in 2024
In this article, we shall discuss the 15 highest quality rice brands in 2024. To skip our detailed analysis of the global rice and agri-business industries in 2024, go directly and see 5 Highest Quality Rice Brands in 2024. Global Rice Industry Outlook 2024: An Overview As a cereal grain, rice is one of the […]
10 min read - BusinessBloomberg
Yen Drops on BOJ’s Dovish Tone, US Futures Decline: Markets Wrap
(Bloomberg) -- The yen fell 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 TeamNvidia Unveils Successor to Its All-Conquering AI ProcessorMusk Says His Ketamine Prescription Is in Investors’ Best InterestsEvergrande’s Alleged $78 Billion Fraud Is Amo
4 min read - BusinessReuters
George Lucas backs Disney CEO Iger in proxy battle with Nelson Peltz: CNBC
Lucas, who received 37.1 million Disney shares as part of the company's $4.05 billion purchase of Lucasfilm in 2012, is currently the largest individual investor in the company, the report said, citing multiple sources. The backing from Lucas comes a day after Disney got support from proxy advisory firm Glass Lewis that urged shareholders to re-elect all of the company's directors.
1 min read - BusinessBloomberg
Exchange Investigates Flash Crash That Sent Bitcoin to $8,900
(Bloomberg) -- Crypto exchange BitMEX said it is investigating unusual trading activity, including possible misconduct, 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 TeamNvidia Unveils Successor to Its All-Conquering AI ProcessorMusk Says His Ketamine Prescription Is in Investors’ Best InterestsEvergrande’s Alleged $78 Billion Frau
2 min read - USCNN Business
Judge rules YouTube, Facebook and Reddit must face lawsuits claiming they helped radicalize a mass shooter
The wrongful death lawsuit against several social media companies for allegedly contributing to the radicalization of a gunman who killed 10 people at a grocery store in Buffalo, New York, will be allowed to proceed.
2 min read - BusinessWJW
Cedar Point will pay $50,000 to settle lawsuit
Cedar Point, operated by Cedar Fair and Magnum Management, will pay $50,000 to settle an age discrimination lawsuit.
1 min read - BusinessInsider Monkey
25 Most Amazing Countries in Asia
In this article, we shall discuss the 25 most amazing countries in Asia. To skip our detailed analysis of the global tourism industry in 2024, go directly and see 10 Most Amazing Countries in Asia. Travel Industry Outlook: Key Trends The global travel industry has always managed to stay afloat, even in times of immense […]
12 min read - BusinessInsider Monkey
Performance Food Group (PFGC) benefited from Consumer Spending
ClearBridge Investments, an investment management firm, released its fourth-quarter 2023 “Mid Cap Strategy” investor letter, which can be downloaded here. As a late-year rally was fueled by confidence about an economic soft landing, a dovish flip by the Fed, and broader market performance, mid-cap stocks saw strong gains. Due to an inconstant industrial and consumer discretionary […]
2 min read - BusinessSportico
Alleged Fanatics ‘Double Agent’ Fires Back in DraftKings Suit
In a sworn declaration filed in a Boston federal court on Monday, Michael Hermalyn says DraftKings has “entirely fabricated” a case against its former senior vice president, who is battling DraftKings in two lawsuits being heard in courthouses 3,000 miles apart. In January, Hermalyn left DraftKings to join Fanatics for what he says was a “once-in-a-lifetime opportunity …
3 min read - BusinessMotley Fool
Forget Boeing, Buy This Magnificent Defense and Aerospace Stock Instead
Don't throw good money after bad with Boeing. You can make a far better move.
4 min read - BusinessReuters
Amazon workers at UK warehouse strike again over pay, union recognition
Around 1,400 workers at an Amazon warehouse in Coventry, central England, went on strike on Tuesday and plan to do so again on Wednesday as part of a long-running dispute over pay and union recognition, the GMB trade union said. Amazon's preference is to resolve issues with employees directly rather than through unions. The latest Coventry strike comes a week after GMB members at the Amazon site submitted an application for mandatory union recognition to the Central Arbitration Committee (CAC)
2 min read - BusinessAZCentral | The Arizona Republic
Arizona's semiconductor industry:13,000 jobs added, $35B invested since 2020
In total the companies represent $65 billion in investment.
2 min read - USSacramento Bee
Family sues San Juan Unified School District: Student was ‘viciously attacked,’ filing states
Lawsuit alleges that El Camino Fundamental High School failed to stop bullying, harassment of student
2 min read - WorldReuters
Brazil's Bolsonaro indicted for suspected fraud on vaccine records
An investigation by the country's comptroller general's office had already shown that Bolsonaro's vaccination records were false. In addition to Bolsonaro, one of his former aides, Mauro Cid, who was arrested in May last year as part of the investigation, was also indicted. According to the sources, Bolsonaro was indicted on charges of entering false data into the country's Unified Health System (SUS) and forming a criminal organization.
1 min read - BusinessGizmodo
Dell Says Remote Employees Won't Be Eligible for Promotions: Report
Michael Dell, the CEO of the technology company that bears his surname, has long been an advocate of remote work and not so long ago called it “the future of work.” But it seems that even Dell (the company), can’t help but follow the trend among technology companies suddenly convinced that in-office work is the best work.
3 min read - BusinessInsider Monkey
Should You Sell Maravai LifeSciences (MRVI)?
ClearBridge Investments, an investment management firm, released its fourth-quarter 2023 “Mid Cap Strategy” investor letter, which can be downloaded here. As a late-year rally was fueled by confidence about an economic soft landing, a dovish flip by the Fed, and broader market performance, mid-cap stocks saw strong gains. Due to an inconstant industrial and consumer discretionary […]
2 min read - BusinessZacks
CWCO or GWRS: Which is a Better Utility Water Supply Stock?
Both Consolidated Water (CWCO) and Global Water Resources (GWRS) are efficiently meeting the water and wastewater service requirements of their customers.
3 min read - BusinessZacks
Chevron (CVX), JX Team Up for CCS Value Chain Development
Chevron's (CVX) subsidiary and JX Nippon Oil & Gas Exploration collaborate on CCS initiatives, exploring CO2 export and storage.
4 min read - BusinessZacks
Imperial (IMO) to Shut Down Key Winnipeg Pipeline for Repairs
Imperial (IMO) plans a three-month shutdown of the Winnipeg pipeline for repairs due to integrity concerns, prompting fuel supply management measures in Manitoba.
3 min read - BusinessZacks
Sprouts Farmers (SFM) Stays Ahead of Industry: Here's Why
Sprouts Farmers (SFM) gains from its strategic endeavors, such as the integration of omni-channel solutions, expansion of its customer base and concentrated effort on private-label offerings.
4 min read - BusinessCoinDesk
Galaxy Digital to Introduce Exchange-Traded Products in Europe in 'Matter of Weeks'
Galaxy Digital teamed up with asset manager DWS last April to develop ETPs designed to give Europeans access to digital-asset investment through traditional brokerage accounts.
1 min read - BusinessCoinDesk
Bank of Japan Ends Eight-Year Negative Rates Regime; Bitcoin Slides to $62.7K
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
2 min read - USThe El Paso Times
El Paso Water selling West Texas water ranch for $6M, Northeast land for TxDOT highway
El Paso Water selling 21,000-acre ranch no longer needed for groundwater, 272 acres of Northeast El Paso land for planned Borderland Expressway
3 min read - USThe New York Times
8 Incidents in 2 Weeks: What’s Going on With United’s Planes?
An engine fire sparked by plastic packaging wrap, a tire lost shortly after takeoff and a plane veering off the runway: These are among the eight incidents that have occurred over the past two weeks on flights operated by United Airlines. Although no injuries — or worse — have been reported, the mishaps have generated headlines and stoked rising anxiety about aviation safety among federal officials and passengers alike. All of the incidents happened on flights that took off from or were headed t
5 min read - BusinessMotley Fool
Amid Rumors of a Deal With Rivian, Apple Acquired This Artificial Intelligence (AI) Start-Up Instead
Apple's AI vision is becoming more clear with its recent acquisition of DarwinAI.
4 min read - BusinessZacks
Subsea7 (SUBCY) Secures Trion Field Development Contract
Subsea7 (SUBCY) is set to provide subsea installation services for the development of the Trion deepwater field located within the Perdido Fold Belt.
2 min read - BusinessCNN Business
Coca-Cola unveils all-new bottles — sort of
Coca-Cola, often criticized for being one of the world’s top plastic polluters, is making changes to the bottles of its namesake soda as part of a years-long initiative to be more environmentally friendly.
3 min read - BusinessCoinDesk
Solana Meme Coin Slerf Clocks Higher Trading Volume Than All of Ethereum
Some professional traders have termed SLERF a “blue chip meme” – a nod to blue chip stocks – for reasons ranging from its fair distribution among holders to perceived future demand.
3 min read - BusinessCoinDesk
Bitcoin Drops Under $63K, Leads to Marketwide Correction
Crypto market capitalization fell more than 8% in the past 24 hours, data shows.
1 min read - BusinessZacks
BP's Whiting Refinery Resumes Full Operations Post-Outage
BP's Whiting Refinery bounces back after the February outage, bringing stability to Midwest fuel markets.
3 min read - BusinessZacks
Dril-Quip (DRQ) & Innovex Forge Industry-Leading Merger
Dril-Quip (DRQ) and Innovex embark on a transformative merger, underlining their commitment to revolutionize the energy industry with a diversified, high-performing platform.
3 min read