Farfetch (NYSE: FTCH) is a specialized player in luxury fashion online retail that's seen its valuation crushed as business performance has worsened and investors have moved away from risky growth stocks. The company's share price has fallen roughly 69% over the last year and trades down approximately 94% from the lifetime high that it hit in February 2021. Jeremy Bowman: Farfetch has been all over the map since its 2018 IPO.
The United Auto Workers (UAW) is seeking to expand its unionization efforts beyond the Detroit Big 3 automakers (STLA, GM, F). Workers at Volkswagen's (VOW.DE) plant in Tennessee are voting on unionization, a pivotal moment for the labor organization. Cornell University's Director of Labor Relations, Arthur Wheaton, provides insights into the significance of this development. Wheaton notes that the Volkswagen vote is crucial because if the UAW can increase the number of unionized autoworkers in the United States, "it gives them more leverage at the bargaining table." When asked about the potential impact of the Volkswagen vote on the spread of unionization to other automakers, Wheaton acknowledges that "the reality is it's going to take a lot more work" — cautioning against the expectation that "all of the other plants will immediately get majority people to say yes we want the Union." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith
Louis Gossett Jr. died following a battle with COPD. The Oscar-winning star- who was known for his role in the 1982 drama film 'An Officer and a Gentleman' - passed away on towards the end of March at the age of 87 and it has now been revealed that he had suffered from the lung condition chronic obstructive pulmonary disease, according to a copy of the death certificate obtained by TMZ. According to the outlet, the death certificate also "notes heart failure and atrial fibrillation as contributi
Jodie Foster was "always interested in having a real life" away from stardom. The 61-year-old actress started out in Hollywood as a child with films such as 'Taxi Driver' and the original 'Freaky Friday' before making a successful transition into an Oscar-winning career as an adult but reflected that it was perhaps her early stardom that made her yearn to be a "real person" in most of her movie roles. She told 'Entertainment Tonight': "I don't want to be thought about in a rarified way. I think
Michael Douglas and Catherine Zeta-Jones spend their Friday nights dancing together. The 79-year-old actor has been married to 'Chicago' star Catherine, 54, since 2000 and revealed that even though he finds it "a little intimidating" because his wife is such a competent mover, he can still throw some "swing moves" when he needs to. He told People: "I do tend to crank the music up on a Friday and dance around. But I’m a little intimidated because my wife is a pretty extraordinary dancer. I have a
Paris Hilton had always dreamed of having a little girl called London. The 43-year-old heiress is married to Carter Reum and already has 15-month-old son Phoenix with him but the pair welcomed their daughter - who, like Paris, is also named after a European capital city - in November 2023 and now she has explained she had never considered how "deep" her love could run before reaching motherhood. She wrote on Instagram: "I’ve dreamed of having a daughter named London for as long as I can remember
DALLAS, April 19, 2024--Four partners at Dallas-based Orsinger, Nelson, Downing & Anderson (ONDA) have earned placement in D Magazine’s 2024 edition of the Best Lawyers in Dallas.
New York City, NY, April 19, 2024 (GLOBE NEWSWIRE) -- As the cryptocurrency landscape constantly evolves, investors and market observers are closely monitoring several key developments that could shape the sector's future. Among these are Bitcoin's upcoming halving event, Ethereum's current price fluctuations due to significant whale activity, and the rise of new players like Furrever Token (FURR), which seeks to carve out a niche with its unique approach and potential high returns. JPMorgan Cau
EMERYVILLE, Calif., April 19, 2024--NovaBay® Pharmaceuticals, Inc. (NYSE American: NBY) announces that on April 18, 2024 it received a notice from the NYSE American LLC stating that the Company is below compliance with the NYSE American continued listing standards set forth in Sections 1003(a)(ii) and (iii) of the NYSE American Company Guide pursuant to stockholders equity. The Company must submit a plan by May 18, 2024 advising of actions it has taken or will take to regain compliance with the
SEOUL, South Korea, April 19, 2024--LS Cable & System Ltd. ("LS C&S") welcomes the announcement that the United States Department of Energy ("DOE") awarded LS GreenLink USA, Inc. ("LS GreenLink") $99,060,000 in investment tax credits under Section 48C of the Inflation Reduction Act of 2022, also known as the Qualifying Advanced Energy Project Credit Program ("48C").
Irvine, California, April 19, 2024 (GLOBE NEWSWIRE) -- The DMOS (Demeter Cloud Operating System) project, led by Power Meta Corp’s CTO Chase Donahoe, unveils a revolutionary cloud operating system poised to reshape the decentralized computing landscape. In an exclusive interview, the DMOS Project Leader provided insights into the project's mission, capabilities, and future prospects. Whether it's powering simple mobile applications or processing complex AI training models, GPUs provide the subst
TORONTO and TAMPA, Fla., April 19, 2024 (GLOBE NEWSWIRE) -- Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other appl
A union coalition for Tenet Healthcare's workers reached a tentative labor deal with the hospital system that included across-the-board raises of 14% over three years for full and part-time workers, the union said on Friday. Labor unions across the United States have grown bolder in their demands in the last two years, pressing for higher wages and better benefits to combat a loss of spending power caused by inflation and the healthcare sector has emerged at the forefront of that trend. This is the second major agreement in the healthcare sector after Kaiser Permanente's healthcare workers in November voted to ratify a new contract with the hospital chain.
Pro-cash advocates are now taking a "stronger stance" against cashless businesses, an expert has warned.
With the cost of retiring at a record high, it's not surprising older Aussies are looking at overseas locales to spend their golden years. Here are seven of the best.
Police alerted by a friend who had been given access to Google Doc on planned shooting
Mr Trump tried to overturn the 2020 election citing baseless allegations of fraud
Earth Day was created in 1970 to promote awareness about the state of Earth. Activities often center around rallies and speeches about climate change, as well as ecological cleanup efforts. Check Out:...
Donald Trump built a real estate empire, with commercial and residential properties, hotels, resorts and golf courses totaling more than $1 billion, according to Forbes. Just as many real estate...
STORY: U.S. stocks ended mixed on Friday, with the tech-heavy Nasdaq posting its biggest weekly decline since October 2022.The Dow gained more than half a percent, the S&P 500 dropped nearly nine-tenths of a percent and the Nasdaq plunged more than two percent.Equities have struggled recently following a five-month rally that started in November.Brad Bernstein, managing director at UBS Private Wealth Management, explains.“So after 22 record closes for the S&P 500 in the first quarter, [FLASH] we've had six down days in a row, the longest losing streak of the year for the markets. We're about 5% off the highs on the S&P. Obviously, this week top of mind for the markets has been the direction of Fed policy and clearly the recent geopolitical conflict in the Middle East.”U.S. Federal Reserve Chair Jerome Powell has cautioned market participants not to expect rate cuts any time soon, after recent hotter-than-expected inflation and jobs data.In company news, shares of Netflix slumped 9% - weighing on both the S&P and Nasdaq - after the streaming service forecast revenue short of analysts' expectations and unexpectedly said it would no longer provide subscriber numbers.Chip-related stocks, some of the best performers of the year thanks to their association with artificial intelligence, also tumbled, with the Philadelphia Semiconductor Index down about 4%. It also recorded its biggest weekly percentage decline in nearly two years.On the flip side, American Express shares, closing up more than 6%, gave the Dow a boost after the payments company reported first-quarter profit that was above expectations.And shares of Paramount Global surged nearly 13.5% after a source told Reuters that Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for the company.
Earth Day is right around the corner — Monday, April 22 — along with earnings for major recycling service companies like Waste Management (WM) and Republic Services (RSG). What can be learned from these companies as well as how much of an opportunity is there in sustainability? PA Consulting Sustainability & Regenerative Economy Expert Tony Perrotta joins Yahoo Finance to discuss market opportunities in sustainability, to which he believe there is $12 trillion worth of value, and how companies are utilizing recycling technologies already. Perrotta lays out the major ways companies are working to adopt sustainable methods: "First, better mechanical recycling practices are definitely growing and on the scene, leveraged by things like vision technology, robotics, and any conversation that includes technology obviously includes AI... Second, here in the US, advanced recycling technologies are coming on the scene in a major way, so the ability to either use a chemical process or a physical heat process to take hard-to-recycle materials and return them back to useable form. And then, finally, what we're most excited about is a move into novel and alternative materials altogether. In this realm, you've got things like seaweed, alginates, and plant-based fibers..." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
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