Thursday, November 28, 2024

CATEGORY

Stock Market

Elvis Presley’s granddaughter, actress Riley Keough, lists her charming Los Angeles cottage for $1.5 million

The actress became the sole owner of Graceland in Memphis, Tenn., after her mother Lisa Marie Presley died in 2023. Source link

Berkshire Hathaway has $189 billion in cash. Elon Musk has an idea where Warren Buffett should spend it.

The latest results from Berkshire Hathaway shows that the conglomerate had nearly $200 billion — $189 billion, to be precise —in cash at...

Former CEO Howard Schultz says Starbucks needs to overhaul its customer experience

A week after Starbucks Corp. reported disappointing quarterly earnings and a gloomy annual forecast, its former chief executive said the coffee chain needs...

Clothing retailer Rue21 files for bankruptcy, will close all of its stores

In a filing last week with U.S. Bankruptcy Court in the District of Delaware, Rue21 said it will close all of its stores...

Qantas to pay A$100 million fine for selling tickets for canceled flights

Qantas said it has agreed to pay a civil penalty of 100 million Australian dollars (US$66.1 million) to resolve court proceedings with a...

Paramount reportedly approves buyout talks with Sony, Apollo

Paramount Global has formally begun negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Management, the New York Times...

Stock-market bulls face test as consumers start to show signs of stress

As the Fed keeps its key interest rate at a 23-year high, consumers are becoming increasingly stressed, which, if continued, could spell trouble...

The bar is creeping higher for second-quarter earnings

One month through this year’s second quarter earnings season, analysts are getting cautiously more optimistic about corporate America’s profitability. Source link

SEC charges firm that audits Trump’s social-media company with ‘massive fraud’ affecting hundreds of filings

The regulatory agency said that hundreds of audits done by BF Borgers CPA PC contained “deliberate and systemic failures” that included false documentation...

Job gains were decent in April. But here’s what Biden really has to worry about.

Voters continue to say they are mostly concerned about inflation. Source link

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