Business News
page: 1
next
9,000 NYC workers on leave as vaccine mandate takes effect
About 9,000 New York City municipal workers were put on unpaid leave for refusing to comply with a COVID-19 vaccine mandate that took effect Monday and thousands of city firefighters ...
Radio host gets 3 life prison terms for bilking listeners
A Texas radio host was sentenced to three life prison sentences Monday for a Ponzi scheme in which he bilked elderly listeners out of millions of dollars. William Neil “Doc” ...
Miller bids final farewell to Broncos before heading to Rams
The Broncos got a taste of life without Von Miller when the star linebacker was held out of Denver's scratch-and-claw 17-10 win over Washington. The Broncos (4-4) managed five sacks ...
Tech group sets sights on £30m sales target
X Register for free to receive latest news stories direct to your inbox Register A family-run technology company is setting its sights on an ambitious growth plan that will see it target £30m in sales. Needham Group, which operates three specialist laser,
Law firm becomes employee owned
X Register for free to receive latest news stories direct to your inbox Register Talbots Law has become an Employee Ownership Trust (EOT) in what the firm says will be a major legal first for the West Midlands. Former CEO and main shareholder Mary Morgan has
Rep. Linda Sánchez, others push to keep pandemic-inspired restaurant expansions
The La Palma restaurant Isla Cuban-Latin Kitchen & Rum Bar had been open for just seven months last spring when the coronavirus pandemic shut it down. When outdoor dining was permitted to come back, owner Mauricio Diaz set up a tent in part of the parking lot
NCAA Suspends Top Star Kofi Cockburn For Now-Legal Infraction
This very well may be the last instance of an age-old NCAA tradition: suspending its stars for selling their own memorabilia. ...
Why Kyrgyzstan Is Procuring Turkish And Russian Drones For Its Tiny Air Force
The Kyrgyz order for drones comes less than a year after the country engaged in brief border clashes with neighboring Tajikistan back in April. ...
BTS And Coldplay’s ‘My Universe’ Makes History On Billboard’s Pop Radio Chart
BTS’s “My Universe” will almost surely continue to climb the pop radio chart in the coming weeks. ...
Dutch Bros CEO Joth Ricci on going public, maintaining company culture and his new book
Dutch Bros has 59 outlets in Arizona, including 31 franchised locations and 28 owned by the company. ...
Hawaii State Junior Golf Association names new leader
The Hawaii State Junior Golf Association and its partner First Tee-Hawaii
‘Netflix levy’ needed to fund Irish TV production – Dáil committee
Streaming services such as Netflix and Amazon Prime should face a new levy to pay for a fund for independent productions, an Oireachtas committee is to recommend in a report to be published on Tuesday. And an independent online safety commissioner with powers
Rivian looking to raise up to $8.4 billion in upcoming IPO
By Crystal Tse and Ed Ludlow | Bloomberg Irvine-based Rivian Automotive, the electric truck maker backed by Amazon.com, plans to raise as much as $8.4 billion in an initial public offering that could give it a value of as much as $53 billion. Rivian said it
Why UK interest rates could rise this week
Borrowing money in the UK is now as cheap as it ever was - and it's been that way for years. But perhaps not for much longer. The country's main interest rate, set by the Bank of England, has been below 1% since 2009, in the wake of the global
‘Rust’ assistant director hopes for film industry changes
SANTA FE, N.M. (AP) — The assistant director who handed Alec Baldwin the gun that killed a cinematographer says he hopes the tragedy prompts the film industry to “reevaluate its values and practices” to ensure no one is harmed again. David Halls released a
Weld gets CFO from Boulder
Cheryl Patelli is Weld County’s new chief financial officer, effective Nov. 29. She most recently held the same role with Boulder County. Cheryl Patelli will be Weld County’s new
Boulder Best Western closes after 52 years
The Best Western Plus Boulder Inn near the intersection of 28th Street and Baseline Road has closed after 52 years in business. Ari Rubin, the hotel’s director of sales, told BizWest that the last guests checked out of the
Union seeks Biden admin’s help in Charleston port dispute
COLUMBIA, S.C. (AP) — As port logjams across the country continue to constrain the U.S. supply chain, the union that represents dockworkers at South Carolina’s ports tells The Associated Press it is calling on the Biden administration for help in a
MIDF Research expects economic activities continue to recover from 4Q21
BUSINESS MIDF Research expects economic activities continue to recover from 4Q21 " data-media=""> 01/11/2021 07:25 PM KUALA LUMPUR, 1 Nov
Malaysia Healthcare Travel Industry Blueprint 2021-2025 launched
BUSINESS Malaysia Healthcare Travel Industry Blueprint 2021-2025 launched " data-media=""> 01/11/2021 08:06 PM KUALA LUMPUR, Nov 1 -- Health
Moody's Analytics lifts 2022 GDP growth forecast for Malaysia to 5 pct
BUSINESS Moody's Analytics lifts 2022 GDP growth forecast for Malaysia to 5 pct " data-media="">
Budget 2022 reflects govt effort to maintain expansionary fiscal policy -- Sec-Gen
BUSINESS Budget 2022 reflects govt effort to maintain expansionary fiscal policy -- Sec-Gen " data-media=""> 01/11/2021 07:27 PM KUALA LUMPUR, Nov
Longer-term fiscal management needed to ensure nation's future resilience -- MoF
BUSINESS Longer-term fiscal management needed to ensure nation's future resilience -- MoF " data-media=""> 01/11/2021 07:51 PM KUALA LUMPUR, Nov 1 -- Despite the immediate
Gaia matches Wall Street revenue, earnings marks
Streaming video provider Gaia Inc. (Nasdaq: GAIA) saw revenue rise in the third quarter of 2021 while earnings per share dropped relative to the same period last year. That’s right on par with what analysts
Polis' proposed budget spends some $775 million on business
The governor announced his $40 billion budget plan for the 2022-23 fiscal year Monday. ...
Fort Worth-based boat dealer acquired by Florida-headquartered company
Fort Worth-based towboat dealer Texas MasterCraft has been acquired by
With the Lloyd Center news, let's count the ways Oregon malls are changing
Developments at other malls in Oregon show how the retail centers continue to change to the times. ...
New Mexico PRC examiner recommends against PNM/Avangrid merger
The NMPRC is the last remaining regulatory entity that needs to approve the merger, which was announced on Oct. 21, 2020. ...
Stocktake: Trillionaire Tesla defies the doubters and the numbers
Electric car-maker Tesla became the latest stock market trillionaire last week, defying the doubters who can’t get their heads around its astronomical valuation. It’s hard to make sense of the numbers. Tesla is now
Gov. Jared Polis Releases State Budget Proposal Which Addresses Variety Of Issues
Gov. Jared Polis unveiled his list of priorities in his budget plan for the next fiscal year. Among the proposals is an increase in funding for K-12 education by $381 million.
Major Wall Street stock indexes eke out more record highs
Stocks closed Monday with modest gains on Wall Street, extending the major indexes’ recent record-setting run. The Standard & Poor’s 500 index rose 0.2% after spending much of the day wavering between small gains and losses. The Dow Jones industrial
Singapore central bank 'ready to act' against inflation risks: Ravi Menon
SINGAPORE (BLOOMBERG) - Singapore's top central banker said the monetary authority is watching for signs of accelerating inflation and is ready to act, underscoring how policy makers globally are refocusing attention on rising prices after their extraordinary
How rainwater is fueling this fleet of green hydrogen coaches
A regional transport service in central Queensland has opted to switch its fleet of diesel-powered buses to hydrogen fuel cell electric ones in a move it says is an Australian-first for a private company. ...
Coca-Cola buys control of BodyArmor for $5.6 billion
Coca-Cola paid $5.6 billion to take full control of sports drink maker BodyArmor, the company’s largest-ever acquisition, the Atlanta-based beverage giant announced Monday. Coke had owned a 15% stake in ...
Tetra Technologies: Q3 Earnings Snapshot
Tetra Technologies Inc. (TTI) on Monday reported earnings of $2.5 million in its third quarter. On a per-share basis, the The Woodlands, Texas-based company said it had profit of 2 ...
Cryptocurrency vs. stocks: What’s the better choice for you?
Cryptocurrency has taken the world by storm, especially during the last few years. The total value of all these digital currencies has swelled to more than $2 trillion, says Bloomberg. ...
Stellantis offers salaried-worker buyouts in move to electric vehicles
The maker of Jeep SUVs and Ram pickup trucks is offering buyouts to pension-eligible salaried employees in the United States as part of its transition toward an electrified vehicle lineup. ...
4 ways to get better returns than CDs
If you’re looking for a safe place to store your money while earning a return, you might be thinking about opening a certificate of deposit. A CD is similar to ...
One move can generate at least $100,000 for retirement
Of all the moves you can make heading into retirement to shore up your finances, actually moving might be the biggest win. An analysis of housing costs and property taxes ...
Susan Tompor: It’s November and IRS is issuing more refunds relating to jobless benefits
We're just a few weeks away from Thanksgiving Day but the IRS continues to roll out some 2020 tax refunds. So check your bank accounts now if you lost work ...
BSP: No shortage of banknotes during Christmas season
THERE will be an adequate supply of fresh banknotes and coins in anticipation of the higher currency demand during the Christmas season, the Bangko Sentral ng Pilipinas (BSP) assured. The peak of currency demand starts from October and
Sales of apartment buildings in B.C. break records in first half of 2021
The number and dollar value
Finally – the Reversal We’ve ALL Been Waiting for!
Go to the source via the article link to view the video. ...
Nov 6 – Orion Area Chamber LOve LOcal Expo
The LOve LOcal Expo is a community showcase highlighting local retailers, non-profits and eateries. . ...
Gov. Jared Polis lays out plan for record $40 billion Colorado budget
Gov. Jared Polis on Monday laid out his desires for a $40 billion budget in fiscal year 2022-23 — a 4% increase from this year and a state record. The amount of money in the budget is dictated by economic conditions, not the governor’s own politics. Such
Robert Durst Indicted For Murder Of Wife Kathie Durst
Durst was convicted of murdering Susan Berman in September. ...
How major US stock indexes fared Monday
Stocks ended a wobbly day modestly higher on Wall Street Monday, enough to notch more all-time highs for major indexes. The S&P 500, the Dow Jones Industrial Average and the Nasdaq rose.
Treasury says plans to borrow $1.02 trillion this quarter
WASHINGTON (AP) — The Treasury Department said Monday it plans to borrow $1.02 trillion during the current quarter, the largest amount since the government began passing trillion-dollar rescue packages for the economy in the spring of 2020. Treasury said the
EXPLAINER: Why Saudi Arabia is upset, lashing out at Lebanon
BEIRUT (AP) — A televised remark by a game show host turned Cabinet minister in Lebanon about the war in Yemen has taken the country’s crisis with Saudi Arabia to new depths. Anger over George Kordahi’s comments led to steps by Gulf Arab countries that further
Gladstone Commercial: Q3 Earnings Snapshot
MCLEAN, Va. (AP) _ Gladstone Commercial Corp. (GOOD) on Monday reported a key measure of profitability in its third quarter. The results met Wall Street expectations. The real estate investment trust, based
High court: NY abortion case ruling should be revisited
WASHINGTON (AP) — The Supreme Court is telling a lower court to take another look at a case in which the lower court upheld a New York regulation requiring health insurance plans to cover abortions. The regulation exempts certain religious organizations. In a
Manchin wavers on Biden’s plan, rebuffs progressives
WASHINGTON (AP) — Sen. Joe Manchin wavered Monday on his support for President Joe Biden’s sweeping $1.75 trillion domestic policy proposal, saying instead it’s “time to vote” on a slimmer $1 trillion infrastructure package that has stalled amid talks.
American plagued by major flight cancellations for 4th day
DALLAS (AP) — American Airlines struggled to fix its operation Monday but still canceled more than 400 flights as disruptions caused by staffing shortages at the big carrier continued for a fourth straight day. American accounted for more than half of all
Americans sour on economy amid inflation woes: AP-NORC Poll
SAN FRANCISCO (AP) — Americans’ opinions on the U.S. economy have soured noticeably in the past month, a new poll finds, with nearly half expecting economic conditions to worsen in the next year. Just 35% of Americans now call the national economy good, while
American distillers look to rebuild business in Europe
LOUISVILLE, Ky. (AP) — American whiskey producers raised a glass to celebrate a trans-Atlantic agreement to end retaliatory tariffs that sank their sales in Europe. Now comes the challenge of rebuilding brands that were stymied in those ultra-competitive
Dollar mixed
The U.S. dollar is mixed against other North American currencies in New York trading. It’s
Indian economy on road to recovery, some red flags remain
The Purchasing Managers’ Index (PMI) for manufacturing for the month of October 2021 came at 55.9, the highest since February 2021. While PMI and CGA numbers are encouraging, concerns remain about the nature of the ongoing recovery.(Bloomberg file photo.
Nation to beef up IPR protection, boost high-quality development
China's protection of intellectual property rights will be strengthened over the next five years to further bolster the country's high-quality development and effectively stimulate innovation, according to IPR officials. "Administrative, legal and joint
Shopping gala opens with booming sales
The Double Eleven shopping gala, a Chinese online shopping extravaganza, saw booming sales on its grand opening on Monday, which industry experts said demonstrated the country's long-term consumption resilience and vitality amid the COVID-19 pandemic. In the
American Airlines scrambles to restore air travel as hundreds more flights canceled
American Airlines canceled another 420 flights today and delayed 540 others as the Fort Worth-based carrier tried to get pilots, flight attendants and planes in the right places after a weekend of mass cancellations. ...
U.S. Treasury report calls for stricter oversight of stablecoins
WASHINGTON >> The Biden administration is calling on Congress to pass legislation that would strengthen government regulation of stablecoins, a form of cryptocurrency that has soared in popularity in the past year. ...
Punch Bowl Social's Milwaukee reopening tied up in dispute over $4 million in property
A new ownership group wants to reopen the venue at 1122 N. Vel Phillips Ave. outside of Fiserv Forum owned by the Milwaukee Bucks. ...
NFL Quarterback Colin Kaepernick views of White Peoples acceptable Negro's. ATTN: could be blocked
Go to the source via the article link to view the video. ...
Banking executives express concerns about digital currency – PwC Survey
A majority of executives in the 23 commercial banks in the country are expressing some concerns about the proposed introduction of digital currency by the Bank of Ghana. According to the survey put together by Accounting Firm Pricewaterhouse Coopers, 85% of
Harmonic: Q3 Earnings Snapshot
Harmonic Inc. (HLIT) on Monday reported third-quarter net income of $1.5 million, after reporting a loss in the same period a year earlier. The San Jose, California-based company said it ...
Curo Group: Q3 Earnings Snapshot
Curo Group Holdings Corp. (CURO) on Monday reported a third-quarter loss of $42 million, after reporting a profit in the same period a year earlier. On a per-share basis, the ...
Intevac: Q3 Earnings Snapshot
Intevac Inc. (IVAC) on Monday reported a loss of $4.2 million in its third quarter. The Santa Clara, California-based company said it had a loss of 17 cents per share. ...
Weis: Q3 Earnings Snapshot
Weis Markets Inc. (WMK) on Monday reported net income of $28.5 million in its third quarter. The Sunbury, Pennsylvania-based company said it had profit of $1.06 per share. The food ...
Public Storage: Q3 Earnings Snapshot
Public Storage (PSA) on Monday reported a key measure of profitability in its third quarter. The results exceeded Wall Street expectations. The Glendale, California-based real estate investment trust said it ...
Kennametal: Fiscal Q1 Earnings Snapshot
Kennametal Inc. (KMT) on Monday reported fiscal first-quarter net income of $36.2 million, after reporting a loss in the same period a year earlier. The Pittsburgh-based company said it had ...
ZoomInfo: Q3 Earnings Snapshot
ZoomInfo Technologies Inc. (ZI) on Monday reported a loss of $40.6 million in its third quarter. On a per-share basis, the Vancouver, Washington-based company said it had a loss of ...
Rambus: Q3 Earnings Snapshot
Rambus Inc. (RMBS) on Monday reported earnings of $3.7 million in its third quarter. The San Jose, California-based company said it had net income of 3 cents per share. Earnings, ...
Arista Networks: Q3 Earnings Snapshot
Arista Networks Inc. (ANET) on Monday reported third-quarter net income of $224.3 million. The Santa Clara, California-based company said it had profit of $2.81 per share. Earnings, adjusted for one-time ...
As Biden Speaks at the Glasgow Climate Summit, Manchin Muddles the Message
Monday should have been a day of great triumph for America, marking its emergence from the Trump years. ...
“Last Night in Soho,” Reviewed: A Flashy but Facile Anti-Nostalgia Trip
Edgar Wright’s critique of swinging-sixties London, from the perspective of a young woman of today, gets lost in a tangle of plot twists and shock effects. ...
Sales of apartment buildings in B.C. breaks records in first half of 2021
The number and dollar value
Doritos Twisted 'D�a de Los Muertos' Mexico Commercial: Dead Lonely Man Gets Gay 'Lover' In 'Heaven'
Go to the source via the article link to view the video. ...
Experts: DEPA application to boost economy
China's formal application to join the Digital Economy Partnership Agreement, or DEPA, highlights the nation's firm determination to further expand opening-up, promote international cooperation in the digital economy and facilitate cross-border digital trade,
40 Under Forty 2021: With a second chance, Gabriel Mondragon found his calling
Mondragon is one of Business First's 40 Under Forty nominees, which highlights some of New Mexico's business leaders working with others in mind. ...
Matterport stock has soared 32% on speculation it's going to be a big winner in ...
Matterport announced a deal with Facebook in June. One Wall Street analyst thinks more are on the way as the new Meta builds its metaverse. ...
Pano AI is creating a modern-day solution to detect and douse wildfires before they grow
Pano AI's pitch? A Nest camera for wildfire detection and prevention. ...
Money Talks: Kiva CEO Chris Tsakalakis on balancing profits and purpose in impact investing
"The people who lend on Kiva have made a conscious decision that, hey, I don't need 100%. I'm ok with negative interest," says Kiva's Chris Tsakalakis. ...
Oakland unveils new, upgraded tiny homes for homeless Lake Merritt residents
Oakland unveiled the latest solution to its homeless camp crisis Monday — a new community of tiny homes near Lake Merritt that’s larger and has more amenities than the city’s past programs. Lakeview Village will open within the next two weeks
Barfoot & Thompson Auckland house sales plummet by 41% in October
Auckland house sales by the city's largest realtor dropped 41 per cent last month compared to October last year. In one of the most graphic illustrations of the pandemic's toll on Auckland's economy, Barfoot & Thompson has released its sales figures for
Portland’s Lloyd Center mall faces foreclosure and redevelopment, lender says
A New York-based real estate lending company says it plans to foreclose on the Lloyd Center mall and redevelop the Northeast Portland shopping center. KKR Real Estate Finance Trust said it plans to take ownership of the 1.2 million square foot mall before the
Americans sour on economy amid inflation woes
SAN FRANCISCO — Americans’ opinions on the U.S. economy have soured noticeably in the past month, a new poll finds, with nearly half expecting economic conditions to worsen in the next year. Just 35% of Americans now call the national economy good, while 65%
Free webinar Tuesday, Nov. 9, to help sort out Medicare 2022 choices
Open enrollment lasts until Dec. 7, and so we are in the annual window for senior citizens to assess and perhaps change their Medicare plans for 2022. The Oregonian/OregonLive is here to help. Brent Hunsberger, the newsroom’s
Bad customer behavior over rare spirits forces changes in Idaho liquor stores
BOISE — Instances of hoarding, illegal reselling and bad behavior by customers have caused the state agency that sells alcohol to change how it rolls out rare spirits at stores, officials said. The Idaho State Liquor Division late last month announced new
Harrisburg’s business administrator resigns on the eve of hotly contested mayor’s race
A senior aide to Mayor Eric Papenfuse has resigned his post. Marc Woolley, the city’s business administrator since 2017, submitted his resignation Thursday, effective Nov. 15. But he was subsequently told by Papenfuse to leave effective Monday. Woolley’s
Geisinger to pay feds $18.5 million to resolve Medicare claims case
Geisinger Community Health Services will pay an $18.5 million civil penalty to resolve allegations it violated Medicare rules in
Shoppes of Fairport Harbor Holiday Open House planned for Nov. 6
People who prefer doing their holiday shopping at locally owned stores in a small-town atmosphere will have plenty to enjoy during a special event slated for Nov. 6 in downtown Fairport Harbor. That’s when retailers in the village’s commercial district will
First AML raises $30 million in funding amid global compliance concerns
A local anti-money laundering (AML) compliance firm has received strong backing from overseas investors, amid growing scrutiny on global tax havens and money laundering. First AML has raised $30 million in its latest funding round, led by Australian-based
Data, other intangible assets to drive company growth - research
New research shows intangible assets - non-physical assets such as data, brand, confidential information, and patents - will drive growth for companies after the Covid-19 pandemic. Intangible asset specialist EverEdge said
Federal Covid-19 Vaccine Mandates Take Shape
The Biden administration is moving ahead with mandates that workers at private-sector businesses
