Business News page: 1

US urges recall of 67 million air bag parts in safety mess

The Tribune San Luis Obispo | 2023-05-13, 01:37

U.S. regulators are urging a recall of 67 million air bag inflators they say could explode in a crash, a major escalation of a safety issue that has plagued the ...

Samsung’s Lightweight Jet 75 Cordless Vacuum Is at the Lowest Price Ever

The Tribune San Luis Obispo | 2023-05-13, 01:37

A great cordless vacuum pairs extreme power to tackle any surface in a lightweight build that you can easily maneuver around a room and your entire home. That particular pairing ...

What Does “Days to Cover” Mean in Short Selling?

The Tribune San Luis Obispo | 2023-05-13, 01:37

A stock’s short interest (the number or percentage of its outstanding shares that are currently sold short) is one measure of negative market sentiment toward that stock. The more of ...

POWER MANAGEMENT: THE LESSON TCN NEEDS FROM NAFDAC

This Day | 2023-05-13, 01:36

Top government officials should relate to businesses with understanding, writes Yemi Balogun On Wednesday, July 14, 2004, Professor Dora Akunyili, the then Director General of the National Agency for Food and Drug Control and Administration (NAFDAC), marked

Rupee claws back two days of losses in big rally

Dawn | 2023-05-13, 01:32

KARACHI: A significant reco­v­ery of 4.86 per cent in the rup­ee’s value against the US dollar surprised the currency market and dealers on Friday, while it cost heavily to hoarders willing to earn more from a further dev­a­luation of the local currency. The

PM asked to implement cheaper energy projects

Dawn | 2023-05-13, 01:32

ISLAMABAD: A parliamentary panel and federal ministers including Energy Minister Khurram Dastgir Khan are pushing for the implementation of about 680MW of 13 solar and wind power projects of category-III whose tariffs had been approved by the National Electric

Lucky Core inches closer to Lotte Chemical acquisition

Dawn | 2023-05-13, 01:32

KARACHI: Lucky Core Industries Ltd (LCI) said on Friday it signed an “assignment and assumption agreement” with its wholly owned subsidiary as well as Lotte Chemical Corporation of South Korea (LCC) to complete the transaction involving the sale of Lotte

Short-term inflation stays above 48pc for second week in a row

Dawn | 2023-05-13, 01:32

ISLAMABAD: Short-term inflation, based on the Sensitive Price Index (SPI), remained elevated at 48.02 per cent for the week ended on May 11, off­i­cial data showed on Friday. The year-on-year rise remained above 48pc for the second consecutive week. The SPI

SIBL board plans transition into Islamic bank

Dawn | 2023-05-13, 01:32

KARACHI: Security Investment Bank Ltd (SIBL) told the Pakistan Stock Exchange on Friday its board has decided to

Public offer for ZIL shares expires

Dawn | 2023-05-13, 01:32

KARACHI: ZIL Ltd, a maker of personal care products, said on Friday its foreign acquirer has accepted 1.4 million shares — constituting 23.5 per cent of total shareholding — that were tendered by ordinary investors during the public offer period ending on

MSCI deletes three scrips from small-cap index

Dawn | 2023-05-13, 01:32

KARACHI: MSCI, which provides indices to help global investors allocate funds passively, has made changes

Linda Yaccarino’s NBCUniversal Exit Leaves Ad Industry in Shock Ahead of Upfronts

The Wrap | 2023-05-13, 01:32

As the executive jumps to lead Twitter, she leaves corporate turmoil in her wake at 30 Rock just days before its big show for buyers ...

Stocks close weekend session on positive note

Dawn | 2023-05-13, 01:32

KARACHI: The stock market closed the business week on a positive note on Friday after investors looked to the superior judiciary for the resolution of the political standoff. Arif Habib Ltd said the index of representative shares opened in the green as

Global aviation body downgrades India in light of Go First case

Financial Express | 2023-05-13, 01:28

Global aviation leasing body Aviation Working Group (AWG), which monitors leasing and financial laws on behalf of aircraft manufacturers and and lessors, has put India on a watchlist with a negative outlook Follow Us Global aviation leasing body Aviation

Telstra hikes payment for one group

The Daily Telegraph Australia | 2023-05-13, 01:28

Australians who pay their bills in stores across the country may soon pay more than double for the service. ...

Bid for Texas casinos falls short again

Review Journal | 2023-05-13, 01:28

When Texas House members realized they didn’t have the votes to move legislation forward, they opted to put off efforts at a later time. ...

Commanders’ record sale agreed to by Snyder family, Harris group that includes Magic Johnson

Star Advertiser | 2023-05-13, 01:27

ASHBURN, Va. >> A group led by Josh Harris that includes Magic Johnson has agreed to buy the NFL’s Washington Commanders from longtime owner Dan Snyder and his family. ...

Little progress has been made in curbing too high inflation, Fed’s Jefferson says

The Associated Press | 2023-05-13, 01:26

WASHINGTON (AP) — Federal Reserve governor Philip Jefferson said Friday that inflation remains too high and there has been “little progress” made toward bringing it down to the central bank's 2% target, a pessimistic assessment given signs in a report earlier

‘Congestion Pricing’ To Toll Drivers Moves Closer to Reality In New York

The Epoch Times | 2023-05-13, 01:25

New York City may start charging drivers traveling below Midtown Manhattan extra fees for congestion as

Executive fired from TikTok's Chinese owner says Beijing had access to app data in termination suit

San Francisco Chronicle | 2023-05-13, 01:22

A former executive at TikTok’s parent company ByteDance accuses the tech giant of

Judge sides with Ellison in Oracle shareholder suit over NetSuite acquisition

San Francisco Chronicle | 2023-05-13, 01:22

A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he

Atlantic City casino can't live without a beach, so it's rebuilding one

ABC News | 2023-05-13, 01:18

What’s an ocean without a beach ...

Inflation in Argentina leaves families struggling to feed themselves

Journal Tribune | 2023-05-13, 01:15

The nation's rate of 115% is topped only by Lebanon, with a whopping 352%. ...

'Buzz'-ing: Work on high-profile lot starts; Holiday center update

Record Searchlight | 2023-05-13, 01:14

Happy Friday! Work on gas station/minimart in north Redding has started, and an update on the Holiday shopping center at Shasta View and Hartnell. ...

Healthcare workers at 5 California hospitals vote to authorize strike beginning May 22

Orange County Register | 2023-05-13, 01:14

Thousands of healthcare workers at five HCA facilities in California have voted to authorize an unfair labor practice strike, claiming management is threatening and intimidating employees who complain of short-staffing and low wages. With 97% voting in favor,

Missouri takeover of city of St. Louis police, sports betting bills fail to pass at ...

Business Journal | 2023-05-13, 01:13

The Missouri General Assembly on Friday adjourned without passing sports betting legislation, nor a bill allowing for a state takeover of the city of St. Louis' police department. ...

Sarepta gets narrow 'yes' vote on Duchenne gene therapy in key FDA committee hearing

Business Journal | 2023-05-13, 01:13

A committee of expert advisers to the U.S. Food and Drug Administration voted eight to six in favor of giving a Duchenne muscular dystrophy drug made by Sarepta Therapeutics Inc. accelerated approval in a key meeting. ...

California's budget shortfall estimate grows to $31.5 billion in May budget revision

Business Journal | 2023-05-13, 01:13

California's revenue projections for the upcoming budget year have gotten worse since Gov. Gavin Newsom initially released his draft proposal for the budget in January. ...

Creative agency Claima announces product collaborations with major brands

Business Journal | 2023-05-13, 01:13

Claima's brand partners include MiiR, 47, Saucony and Clarks. ...


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