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Credit card delinquency expected to increase in 2023

  • Feb. 1, 2023, 11:42 a.m.
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Many more credit card holders will face serious credit card delinquency this year, in a report on the consumer credit market from TransUnion (opens in new tab). In 2023, serious credit card delinquenc

via www.kiplinger.com

Exxon announced record earnings. It's bound to renew scrutiny of Big Oil

  • Feb. 1, 2023, 10 a.m.
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Exxon announced record earnings. It's bound to renew scrutiny of Big Oil Enlarge this image toggle caption Mario Tama/Getty Images Mario Tama/Getty Images ExxonMobil earned nearly $56 billion in pro

via www.npr.org

Joe Biden To Call For Congress To Place Limits On Concert Ticket Fees, TV And Internet Providers’ Early Termination Charges

  • Feb. 1, 2023, 7:42 a.m.
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President Joe Biden wants limits placed on concert ticket fees and TV and internet providers’ early termination charges, as the White House seizes on the practices as a sign of lack of competition in

via deadline.com

Adani loses Asia's richest crown as stock wipeout reaches $86 billion

  • Feb. 1, 2023, 5:42 a.m.
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Summary Summary Companies Adani stocks suffer new setback on Indian bourses Stocks plunge day after successful share sale Billionaire slips out of top 10 on Forbes rich list Adani Enterprises, Ada

via www.reuters.com

AMD shares rise after Q4 report that beat expectations for revenue, EPS

  • Jan. 31, 2023, 7:42 p.m.
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By Liz Moyer Investing.com -- Advanced Micro Devices Inc (NASDAQ:AMD) beat expectations for fourth-quarter revenue and profit and forecast current-quarter revenue that was in line with expectations.

via finance.yahoo.com

Boeing to deliver last 747, saying goodbye to 'Queen of the Skies'

  • Jan. 31, 2023, 3:42 p.m.
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[1/6] John W. Dietrich, president and CEO of Atlas Air Worldwide, and Dave Calhoun, CEO of Boeing, converse on stage during the delivery of the final 747 jet at their plant in Everett, Washington, U.S

via www.reuters.com

Oil prices settle steady on higher U.S. demand, weaker dollar

  • Jan. 31, 2023, 2:42 p.m.
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Summary Summary Companies WTI, more active second-month Brent close 1% higher Data from U.S. shows higher Nov. crude oil and fuels demand Dollar index turns negative as inflation concerns ease API

via www.reuters.com

The World’s Next Big Inflation Surprise Is Looming In China

  • Jan. 31, 2023, 8:42 a.m.
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Quicktake Storylines Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover

via www.bloomberg.com

Jerry Garcia marijuana brand pulls out of California amid thriving black market, high taxes

  • Jan. 31, 2023, 8:42 a.m.
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The legal cannabis brand launched by the family of late Grateful Dead star Jerry Garcia has stopped operations in California amid a thriving black market for marijuana and a challenging environment fo

via finance.yahoo.com

Columbia marijuana dispensaries gear up to transition to recreational sales

  • Jan. 31, 2023, 5:42 a.m.
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The state of Missouri has until Feb. 6 to approve adult-use recreational marijuana sale licenses for already-established medical dispensaries — and those in Columbia are gearing up for the transition.

via www.columbiatribune.com

US court rejects J&J bankruptcy strategy for tens of thousands of talc lawsuits

  • Jan. 30, 2023, 7:42 p.m.
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Johnson & Johnson’s strategy to use bankruptcy to resolve the multibillion-dollar litigation over claims its talc products cause cancer was rejected by a federal appeals court on Monday, but the healt

via www.cnn.com

When Private Equity Came for the Toddler Gyms

  • Jan. 30, 2023, 5:42 p.m.
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Changes didn’t take long. Within weeks, long-tenured headquarters employees started leaving. In conversations with franchisees across the country, numerous owners expressed frustration that the suppor

via www.nytimes.com

Subscribe to read

  • Jan. 30, 2023, 3:42 p.m.
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What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital include

via www.ft.com

After Tesla price cut, Ford follows suit with Mustang Mach-E

  • Jan. 30, 2023, 12:42 p.m.
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FILE - In this photo made on Thursday, May 6, 2021, the badging logo is seen on a 2021 Ford Mustang Mach E at a Ford dealer in Wexford, Pa. Ford is cutting prices on its Mustang Mach-E electric SUV by

via apnews.com

Adani claims US investment firm’s fraud allegations are an ‘attack on India’

  • Jan. 30, 2023, 5:42 a.m.
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Adani Group has published a 413-page rebuttal of fraud allegations by Hindenburg Research, likening the US investment firm’s report to an attack on India amid mounting financial pressure on the coal c

via www.theguardian.com

Adani hits back at Hindenburg, says it made all disclosures

  • Jan. 30, 2023, 3:42 a.m.
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Summary Summary Companies Adani issues 413-page rebuttal to Hindenburg report U.S. short-seller's report sparked falls in Adani shares Adani says complies with laws, necessary disclosures Adani CF

via www.reuters.com

Bill Gates sees China’s rise as ‘a huge win for the world’

  • Jan. 29, 2023, 9:42 p.m.
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Bill Gates looks on in the Semifinals singles match during day 11 of the 2023 Australian Open at Melbourne Park | Photo by Clive Brunskill/Getty Images. China’s rise to a leading economy in recent de

via forbes.com.au

‘Largest con in corporate history’: Adani slammed in explosive report

  • Jan. 29, 2023, 6:42 p.m.
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Global investment banks have cashed in on the Adani Group’s voracious appetite for debt. Now their client is accused of pulling off ‘the largest con in corporate history’ Chairperson of Indian conglo

via www.forbes.com.au

Tears, blunders and chaos: inside Elon Musk’s Twitter

  • Jan. 29, 2023, 3:42 p.m.
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In April 2022, Elon Musk acquired a 9.2% stake in Twitter, making him the company’s largest shareholder, and was offered a seat on the board. Luke Simon, a senior engineering director at Twitter, was

via www.theguardian.com

Google’s MusicLM is Astoundingly Good at Making AI-Generated Music, But They’re Not Releasing it Due to Copyright Concerns

  • Jan. 29, 2023, 11:42 a.m.
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The main reason Google are hesitant and have no immediate plans to release MusicLM for public use is copyright issues. In an internal experiement, they discovered that around 1% of the music generate

via ainewsbase.com

US, Netherlands and Japan reportedly agree to limit China's access to chipmaking equipment

  • Jan. 29, 2023, 6:42 a.m.
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The Biden administration has reportedly reached an agreement with the Netherlands and Japan to restrict China’s access to advanced chipmaking machinery. According to Bloomberg, officials from the two

via www.engadget.com

Pension Funds in Historic Surplus Eye $1 Trillion of Bond-Buying

  • Jan. 28, 2023, 10:42 p.m.
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Quicktake Storylines Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover

via www.bloomberg.com

Chevron earnings soar to record

  • Jan. 28, 2023, 4:42 p.m.
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New York CNN — Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings for the year more than doubled from the $15.6 billion Chevron earned in 2021

via edition.cnn.com

FU EXCLUSIVE: We have documents that show Fashionable Concepts planned deceit of city, lied to directly to commissioners, now appealing to the state’s ABCC – to score their $360,000 payday.

  • Jan. 28, 2023, 1:42 p.m.
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In the early months of 2022 Fashionable Concepts applied for a Package Store License. This new entity did not already exist in Framingham and competed against a handful of established small businesses

via funfiltered.com

Bank CEOs warn PM that money starting to move out of country amid judicial shakeup

  • Jan. 28, 2023, 8:42 a.m.
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Israeli bank chiefs warned Prime Minister Benjamin Netanyahu of potential economic fallout from his government’s proposals for a sweeping makeover of the country’s judiciary Friday, as he said he was

via www.timesofisrael.com

EU Needs Funds to Counter US Energy Push: Here Are the Options

  • Jan. 28, 2023, 7 a.m.
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Golf's Greatest Holes Golf's Greatest Holes: Golfing legend Paul McGinley takes television presenter Chris Hollins on a tour of the best golf courses in Ireland and Northern Ireland.

via www.bloomberg.com

How a Drug Company Made $114 Billion by Gaming the U.S. Patent System

  • Jan. 28, 2023, 6:42 a.m.
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In 2016, a blockbuster drug called Humira was poised to become a lot less valuable. The key patent on the best-selling anti-inflammatory medication, used to treat conditions like arthritis, was expir

via www.nytimes.com

Rolls-Royce slumps as new CEO warns of 'last chance' to change

  • Jan. 28, 2023, 4:42 a.m.
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LONDON, Jan 27 (Reuters) - Shares in Rolls-Royce (RR.L) fell as much as 4% on Friday after its new CEO warned staff the aerospace company, Britain's premier blue-chip engineering group,

via www.reuters.com

DOJ probing Visa on U.S. debit card practices, competition

  • Jan. 27, 2023, 10:42 p.m.
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Jan 27 (Reuters) - Visa Inc (V.N) said on Friday the antitrust division of the U.S. Department of Justice had issued investigative demand earlier this month seeking documents and informa

via www.reuters.com

Exclusive: Tesla's Musk meets top Biden officials on EVs in Washington

  • Jan. 27, 2023, 9:42 p.m.
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Companies Tesla Inc Follow WASHINGTON, Jan 27 (Reuters) - Tesla (TSLA.O) Chief Executive Elon Musk met two top White House officials on Friday in Washington to discuss how the car maker

via www.reuters.com

Intel's 'historic collapse' erases $8 billion from market value

  • Jan. 27, 2023, 6:42 p.m.
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Jan 27 (Reuters) - Intel Corp (INTC.O) saw about $8 billion wiped off its market value on Friday after the U.S. chipmaker stumped Wall Street with dismal earnings projections, fanning fe

via www.reuters.com

Elon Musk ‘doesn’t seem like’ right person to own Twitter, says co-founder

  • Jan. 27, 2023, 5:42 p.m.
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Elon Musk “doesn’t seem like” the right person to own Twitter, the social media platform’s co-founder has said, adding that improvements to morale and content policies at the business have been revers

via www.theguardian.com

After Windfall Profits, Chevron Set to Buy Back $75 Billion in Shares

  • Jan. 27, 2023, 4:42 p.m.
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Climate and consumer advocates reacted angrily Thursday to Chevron's announcement of a planned $75 billion stock buyback amid record profits and a worsening planetary emergency exacerbated by the cont

via www.commondreams.org

Tech Layoffs Continue as Shares Fall and Interest Rates Rise - The Ne…

  • Jan. 27, 2023, 1 p.m.
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Eighteen months ago, the online used car retailer Carvana had such great prospects that it was worth $80 billion. Now it is valued at less than $1.5 billion, a 98 percent plunge, and is struggling to

via archive.ph

Big Oil poised to smash annual profit records — sparking outcry from campaigners and activists

  • Jan. 27, 2023, 6:42 a.m.
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U.S. President Joe Biden has previously singled out Exxon Mobil for making "more money than God" last year. Some of the world's largest oil and gas companies are poised to report record annual profit

via www.cnbc.com

U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom

  • Jan. 27, 2023, 6:42 a.m.
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watch now The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead. Fourth-quarter gross domestic product, the sum of all goods

via www.cnbc.com
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