While Alphabet’s (GOOGL) Google search engine and Play Store have been blocked in China for years now, Google has slowly been increasing its footprint in the world’s second-biggest economy. Google has opened up offices in the country, including an AI hub. On June 18, Google announced it is investing as much as $550 million in Chinese e-commerce company JD.com (JD), Alibaba’s (BABA) competitor, by purchasing JD.com stock.
Shares of Ibotta, a Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 23% in its Wall Street debut on the New York Stock Exchange. The Denver company, founded by lawyer Bryan Leach in 2011, works with more than 850 different clients and represents 2,400 consumer packaged brands, according to its prospectus filed with the U.S. Securities and Exchange Commission. Walmart, Family Dollar, Kroger and other major retailers use Ibott's artificial intelligence-enabled software, which delivers promotions that match customers' purchasing behavior.
Investors are counting down to earnings from Netflix, the first of the "Magnificent" group of companies to report.
6 Ways the HVAC Industry Is Striving To Protect the EnvironmentBoulder, CO, April 18, 2024 (GLOBE NEWSWIRE) -- Warmer summers and an increase in extreme weather events are just two examples of how climate change is affecting daily life in the U.S. and around the world. Increasingly, it’s clear that everyone from consumers to business owners must get involved in protecting the environment. As the rate of climate change accelerates, companies in every sector are taking action to reduce their impac
A leading shareholder advisory firm recommended on Thursday that Berkshire Hathaway shareholders withhold votes to reelect five directors at Warren Buffett's conglomerate, citing concerns about climate change and governance. Institutional Shareholder Services (ISS) said lead independent director and audit committee chair Susan Decker deserved a "withhold" vote at Berkshire's May 4 annual meeting. It said this was because Berkshire is a significant emitter of greenhouse gases, is not disclosing enough about climate change-related risks and opportunities it faces, and is not taking minimum steps needed to address those risks.
"I'm humbled. And embarrassed," the 'Knuckles' actor says during PEOPLE's Kids Interview
TORONTO, April 18, 2024--Dream Unlimited Corp. (TSX: DRM) ("Dream") will be releasing its financial results for the quarter ended March 31, 2024, on Tuesday May 14, 2024.
PASADENA, Calif., April 18, 2024--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have declared per share divi
Congresswoman Omar had previously expressed her support for the protests at Columbia
One dismissed juror expressed concerns that news reports about her may have helped her friends and family identify her
The arrest comes as part of a probe into money that had been raised by the SNP since 2017 for a second independence referendum campaign
Third day of hush money trial underway as selection of remaining jurors and alternates continues
SAN FRANCISCO, April 18, 2024 (GLOBE NEWSWIRE) -- Meltwater, a leading global provider of social, media and consumer intelligence, today announces the appointment of Chris Hackney as Chief Product Officer. In this pivotal role, Chris will lead Meltwater’s product organization and spearhead the strategic direction, expansion, and operation of the company’s product portfolio, with the needs of Meltwater’s customers at the heart of this strategy. Hackney joins Meltwater with over 25 years in techno
TORONTO, April 18, 2024--DREAM INDUSTRIAL REIT (TSX: DIR.UN) ("Dream Industrial") will be releasing its financial results for the quarter ended March 31, 2024, on Tuesday, May 7, 2024.
TORONTO, April 18, 2024--DREAM RESIDENTIAL REIT (TSX: DRR.U and TSX: DRR.UN) ("Dream Residential" or the "REIT") will be releasing its financial results for the quarter ended March 31, 2024, on Wednesday, May 8, 2024.
Cuba is famous for its rum cocktails and on Wednesday evening below Havana’s iconic Morro Castle, guarding its bay, 400 people gathered to toast its best-known rum, Havana Club, but not with Cuba libres, mojitos and daiquiris in hand. The festivities marked the culmination of an international competition sponsored by the brand, a joint venture between Cuba Ron S.A. and Pernod Ricard, pitting the cocktail mixing skills of 600 bartenders against one another.
A military helicopter reportedly carrying senior military officers has crashed and caught fire.
MIAMI, April 18, 2024--PartnerCentric Clinched Gold at the 2024 US Partnership Awards. Capturing Top Honors Across Four Prestigious Categories.
A new bipartisan bill has been introduced in the US Congress, aiming to create a regulatory framework for stablecoins. The bill, co-sponsored by Senator Cynthia Lummis (R-WY) and Senator Kirsten Gillibrand (D-NY), was designed to address the growing concerns around regulation of these digital assets. In an interview with Yahoo Finance's Jennifer Schonberger, Senator Lummis provides insights into the key provisions of the bill. She notes that the legislation "requires 100% asset-backed stablecoins," effectively prohibiting the use of algorithmic stablecoins. The assets backing the stablecoins can range from hard currencies to US Treasurys, but they must be "pegged to the U.S. dollar." The goal of this requirement, according to Lummis, is to protect consumers in the event of a bank failure or other financial disruption. However, she acknowledges that if a non-bank entity were to experience a failure, the bill mandates that the stablecoin backing must be held by "a separate custodian," ensuring that the funds are not used for other purposes and are "walled off" from the issuer's "non-stablecoin activities." Lummis emphasizes that this structure is designed to provide companies with "enough flexibility to innovate" while still safeguarding consumers. She notes that the "sweet spot" the bill aims to strike is one that allows for innovation in the stablecoin space while implementing safety measures to mitigate risks and protect users. By introducing this bipartisan legislation, Lummis explains the lawmakers hope to establish a clear regulatory framework for stablecoins in the United States, addressing the concerns around oversight that have arisen as the digital asset ecosystem continues to evolve. To see Yahoo Finance's explanation of stablecoins, click here. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
Betts, a co-founder of the Allman Brothers Band, died on Thursday, April 18 according to a post on his official Instagram page
UnitedHealth stock has rallied for three consecutive days since reporting first-quarter earnings and revenue early Tuesday.
Yahoo Finance