The only thing more dangerous for America’s malls than a string of apparel-chain bankruptcies is when the trouble hits department stores. Retailers like J.C. Penney Co. and Macy’s Inc. are considered “anchors” that keep malls humming and foot traffic flowing. Now, many landlords are pushing to eliminate or narrow the escape clauses in the wake of mass department-store closings.
The Federal Reserve wants to get inflation down to its 2% target. That's why the central bank is likely to keep interest rates higher for much longer than most had initially expected. With inflation data rolling in hotter-than-expected, some analysts on Wall Street have weighed in thinking the Fed may not have as much of an impact on the market anymore. If that's the case, then which factors have a true impact on the economy? Yahoo Finance Reporter Jared Blikre is joined by Founder & CEO at Exante Data Inc. Jens Nordvig for the latest edition of Stocks In Translation to discuss AI, inflation, health of the US economy, and break down factors that affect the economy. For more expert insight and the latest market action, click here This post was written by Nicholas Jacobino
Adrian Newey, the man behind Max Verstappen’s current domination of F1, has been at Red Bull since 2006
The U.S. Federal Trade Commission's ban on "noncompete" agreements commonly signed by workers is likely vulnerable to legal challenges, experts said, as some courts have grown increasingly skeptical of federal agencies' power to adopt broad rules. The commission in unveiling the rule on Tuesday said agreements not to join employers' competitors or launch rival businesses suppress workers' wages and stunt their mobility and job opportunities. About 30 million people, or 20% of U.S. workers, have signed noncompetes, the agency said.
Higher repair costs also weighed on the company's overall fleet maintenance expenses. Excluding items, Hertz reported a loss of $1.28 per share, well above Wall Street's expectations of a loss of 44 cents per share. Both Hertz and Avis have lost about half of their market value this year.
Our NBA writers weigh in on the first week of the playoffs and look ahead to what they're watching as the series shift to crucial Game 3s.
SALT LAKE CITY, April 25, 2024--Trace Register and ReposiTrak collaborate for faster, easier compliance with the FDA’s FSMA 204 food traceability law through data interoperability
Michael Cohen assured David Pecker that Donald Trump would ‘take care’ of a $150,000 payment to kill a story from Karen McDougal, the former publisher testified
Harvey Weinstein's 2020 rape conviction has been overturned by a New York appeals court. Here's everything that led up to it.
Home secretary James Cleverly hit out at ‘distasteful’ and ‘lazy’ criticism of policy, but insisted he was not talking about French leader’s remarks
SAN RAFAEL, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business May 6, 2024. The dividend is payable May 17, 2024. Chairman, President and CEO David Payne stated, “This quarterly dividend recognizes Westamerica’s reliable earnings stream, financial strength and conservative risk profile.” On April 18,
Pebblebrook Hotel Trust (NYSE:PEB) Q1 2024 Earnings Call Transcript April 24, 2024 Pebblebrook Hotel Trust isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings and welcome to the Pebblebrook Hotel Trust First Quarter Earnings Call. At this time, all participants […]
STORY: Amongst a slew of European earnings, consumer goods companies were in the spotlight on Thursday (April 25).Nestle missed Q1 sales estimates, as it hiked prices and sold fewer products - particularly in North America.The world's biggest packaged food company, boasting brands like KitKat and Nescafe, confirmed its 2024 guidance of about 4% growth in organic sales. The Swiss company’s CEO said the firm had expected a slow start to the year and is seeing a strong rebound in the second quarter. The packaged goods industry has hit shoppers with higher prices for over two years.Passing on to customers higher input costs prompted by the global health crisis and exacerbated by the war in Ukraine. These higher prices have hurt sales volumes at consumer goods giants, like Nestle, that have lost ground to cheaper brands.But, seemingly, this is not so for Unilever; the British consumer goods company won back the shoppers who’d traded down to cheaper brands. Shares in the company, makers of Dove soap and Hellmann’s mayonnaise, rose after it reported a 4.4% rise in underlying sales growth.It marks the second quarter of growth after several declines.Unilever also kept its full-year guidance for sales growth.The company's price hikes gradually slowed in 2023, and that trend continued in the first quarter of this year.
If you carry different types of debt, like student loans, credit card debt, and a mortgage, it can be difficult to decide which to pay off first and what to hold long-term. You will save the...
TORONTO, April 25, 2024 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2024 Short Duration Flow-Through Limited Partnership (the “Partnership”) has completed the third and final closing in connection with its offering of limited partnership units of the National Class and the Québec Class (together, the “Units”) pursuant to a prospectus dated January 30, 2024. The Partnership raised $17,566,000 on the sale of an additional 678,390 National Class
In this article, we will be navigating through the 11 tips to get approved for a mortgage. If you wish to skip our detailed analysis, you can move directly to the 5 Tips to Get Approved for a Mortgage. The Global Mortgage Market According to a report by Allied Market Research, the global mortgage lending […]
Shares of ServiceNow (NOW) are dipping on Thursday despite the company posting first quarter results that show revenue increased 24% to $2.6 billion. However, the company reported a sales growth forecast for the second quarter that was slightly softer than analysts had been expecting. ServiceNow CFO Gina Mastantuono joins Yahoo Finance to give insight into the company's performance, its focus on generative AI, and more. Mastantuono talks about the fervor over generative AI: "Every CEO and CFO I'm talking to is leaning into what gen AI can do for their business. IDC is talking about $11 trillion impact from gen AI over the next three years, and businesses spending half a trillion in US dollars on AI by 2027, and so we've been innovating on the platform with our gen AI SKUs. In fact, we just launched, two quarters ago, in our gen AI SKUs are the fastest growing product launch we've seen in our history. It's been in seven of the top ten deals this year included gen AI. We have customers like Microsoft (MSFT), Novartis (NVS), Hitachi Energy really leaning into our gen AI offerings and it's continuing to innovate on the platform and giving our customers more capabilities as they look to strengthen their AI strategies over the coming year." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
NEWTON, Kan., April 25, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) announced that the Company’s Board of Directors has elected Chris Goldner as Vice President-Finance of the Company. Park also announced that P. Matthew Farabaugh (“Matt”), the Company’s long time Senior Vice President and Chief Financial Officer, plans to retire from the Company at the end of May 2024. Matt joined the Company in October of 2007 and has served as the Company’s CFO since April 2012. Matt has agreed to
It follows the government's decision to scrap climate targets and its response to a gender services review.
Red Bull and Max Verstappen have dominated Formula 1 since new car rules were implemented in 2022.
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