Hong Kong seems to have a Russian megayacht mystery on its hands. The $500 million, 465-foot cruiser Nord connected to a sanctioned Russian tycoon has been spotted anchored in the city's waters. Stephen Engle reports on Bloomberg Television.
HADDONFIELD, N.J., April 25, 2024--Predian, a leading provider of artificial intelligence (AI)—driven inventory management solutions, announced today the integration of wholesale and retail data into their solution ValueVision. Now, dealers can make strategic pricing decisions and maximize their profitability with confidence, knowing they have the most accurate and comprehensive data at their fingertips.
Watch as MeToo Founder Tarana Burke reacts to Harvey Weinstein’s conviction being overturned. Weinstein's 2020 conviction for sexual assault and rape was overturned by New York's highest court on Thursday 25 April, reopening the landmark case that launched the #MeToo movement and highlighting the challenges of holding powerful men accountable. In a bitterly divided 4-3 decision, the state Court of Appeals said the trial judge made a critical mistake by letting women testify that Weinstein assaulted them, even though their accusations were not part of the charges he faced.
Chipotle Mexican Grill (CMG) delivered a robust first-quarter earnings report, beating analyst expectations on both the top and bottom lines. Yahoo Finance Reporter Brooke DiPalma joins Wealth! to discuss the top three key takeaways that consumers should be aware of following the company's results. Yahoo Finance also spoke to Chipotle CFO Jack Hartung earlier this morning on the restaurant's earnings figures. 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
A federal court denied former president Donald Trump’s request to have a new trial related to the charges that he defamed writer E Jean Carroll, who accused him of sexual assault. The US District Court for the Southern District of New York handed down the denial on Thursday after Mr Trump had sought a new trial. In May 2023, a jury found Mr Trump liable for sexually abusing Ms Carroll.
The Rubrik IPO launches Thursday, as the data security firm priced at 32 a share, above its expected range.
LOS ANGELES & PARIS, April 25, 2024--OpenGate Capital ("OpenGate"), a global private equity firm, announced today that it has completed the sale of SMAC, a provider of waterproofing and building envelope systems, to Compagnie Financière Jousset ("CFJ") and the SMAC management team. Terms of the transaction were not disclosed.
Baron Funds, an investment management company, released its “Baron Real Estate Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. The fund had a strong performance in the quarter and generated a gain of 8.28% (Institutional Shares). The Fund beat both the MSCI US REIT Index (the REIT Index), […]
The Federal Communications Commission said on Thursday it is ordering the U.S. units of China Telecom, China Unicom and China Mobile to discontinue fixed or mobile broadband internet operations in the United States. The FCC said it was requiring the Chinese carriers to discontinue services within 60 days of the effective date of the net neutrality order approved on Thursday. The order also applies to Chinese telecom Pacific Networks and its wholly owned subsidiary ComNet.
Despite the prevailing high interest rate environment, US pending home sales data released on Thursday revealed a surprising 3.4% climb in March. To shed light on the dynamics shaping the housing market, Redfin (RDFN) CEO Glenn Kelman joins Wealth! Kelman acknowledges that while mortgage rates have deterred some homebuyers, those who remain in the market are "more serious." He anticipates housing market slowdowns may not be as severe as last year, as those who need to buy have been postponing their purchases but can no longer afford to do so, despite it being "a really hard time to buy a house." With mortgage rates soaring and housing prices increasing, he notes that "buyers just can't catch a break," emphasized by inventory levels that have yet to normalize. This challenging environment has left the housing market in dire need of a Federal Reserve rate cut, according to Kelman. Additionally, Kelman offers valuable tips for navigating this environment and securing a home. 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
MEDIA, Pa., April 25, 2024--Healthcare Administrative Partners (HAP), a leading provider of outsourced billing, coding, and practice management solutions for radiology practices, today announces the addition of Atlantic Radiology New Hampshire in Portsmouth, NH to its roster of radiology revenue cycle and practice management clients.
A new law provides a pathway to ban the popular app in the US. Here's a look at what it could mean for creators.
Weatherford International plc (NASDAQ:WFRD) Q1 2024 Earnings Call Transcript April 24, 2024 Weatherford International plc isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, thank you for standing by. Welcome to the Weatherford International First Quarter 2024 Earnings […]
Power company PG&E Corp beat Wall Street estimates for first-quarter profit and raised its full-year earnings forecast on Thursday, helped by higher electricity rates and lower operating and wildfire-related costs. Last year, the California Public Utilities Commission (CPUC) voted to approve PG&E's infrastructure plan that would lead customer bills to rise by nearly 13%. In January, the CPUC also approved a $45 million settlement for the utility's part in the destructive 2021 Dixie wildfire, which in 2021 resulted in more than 963,000 acres (390,000 hectares) being burned across multiple counties.
Local Officials and Community Members Join Wawa in Celebrating Official Entrance in Alabama with Charitable Hoagie Building Competition and Partnership to “Lend a Helping Hoagie” to Prodisee PantryFAIRHOPE, Ala., April 25, 2024 (GLOBE NEWSWIRE) -- Wawa, Inc. today announced a significant milestone in the Company’s history – the grand opening of its first Wawa store in the state of Alabama! Located in Baldwin County, at 18968 Greeno Road in Fairhope, this location is the first of three Wawa store
BHP might have to sweeten its offer for Anglo American if it wants to succeed in its takeover of the diversified international miner with stakes in three big South American copper mines. BHP, which is the world’s largest miner and a major producer of iron ore, made an offer for London-based Anglo American that values the company at 25.08 pounds per share, or 2,508 pence, including the value of stakes in Anglo American Platinum and Kumba Iron Ore that would be spun off to Anglo American shareholders before any deal. Anglo American said it is reviewing the proposal.
Ford (F) reported its first-quarter earnings after the bell on Wednesday afternoon, beating estimates with $42.8 billion in revenue against an expected $40.04 billion. The automaker also reported commercial revenue jump 36% but saw EV sales decline. Yahoo Finance Reporter Pras Subramanian joins The Morning Brief to break down the numbers from Ford and what it means for investors moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
It’s time to buy Treasury bonds again. Driving the yield higher has been stubbornly high inflation that has made it increasingly clear that the Federal Reserve won’t soon start reversing the 11 interest-rate increases it has rolled out since March 2022 as it seeks to rein in price growth. Higher yields are wreaking havoc on the stock market because they threaten to slow spending and borrowing by both consumers and businesses.
Lufthansa admitted that their Tuesday flight to LAX had a bit of a ‘rough landing’ when it touched down
The Federal Communications Commission said on Thursday it is ordering the U.S. units of China Telecom, China Unicom and China Mobile to discontinue fixed or mobile broadband internet operations in the United States. The FCC said it was requiring the Chinese carriers to discontinue services within 60 days of the effective date of the net neutrality order approved on Thursday. The order also applies to Chinese telecom Pacific Networks and its wholly owned subsidiary ComNet.
TAMPA, Fla., April 25, 2024--Masonite International Corporation (NYSE: DOOR) ("Masonite") today announced that its shareholders have voted to approve the Company’s proposed transaction with Owens Corning at its Special Meeting of Shareholders. As previously announced, under the terms of the transaction, Masonite shareholders will receive $133.00 per share in cash in connection with the closing of the transaction.
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