NEW YORK, NEW YORK – JANUARY 12: Jalen Brunson #13 of the Dallas Mavericks drives around Alec Burks … [+] #18 of the New York Knicks in the first half at Madison Square Garden on January 1...
Category: Finance
Live Finance News Updates.
A late-May rally in stocks isn’t cause for investor celebration just yet
If you managed to sleep through May or simply avoided your brokerage app, congratulations. You might be sitting on some gains despite the major averages punishing investors with gut-wrenching drops of...
Primary Care Is Increasingly Going Virtual. What Does This Mean For Healthcare?
Healthcare is a behemoth puzzle. One large part of that complicated puzzle is primary care, which is broadly defined as “Health services that cover a range of prevention, wellness, and treatment for c...
HP earnings beat expectations, company raises forecast
HP CEO Enrique Lores says nothing in his company’s latest quarterly numbers suggest economic growth is poised to fall off a cliff this year. HP beat analyst profit forecasts for its fiscal secon...
【取材】ガウディがweb3メタバース事業開発に25億円調達。バンダイナムコ、KDDI、SBIから
ガウディが25億円調達 web3ファンプラットフォーム「Gaudiy Fanlink（ガウディ ファンリンク）」提供のGaudiy（ガウディ）が、シリーズBラウンド・1stクローズで25億円の資金調達を実施したことが6月1日分かった。なお今回のラウンドにより累計調達額は28億円となったとのこと。 今回の資金調達ラウンドには、既存投資家のSTRIVEとJAFCOの他、新たにSBIインベストメント、K...
Small Box Retailers’ War With Local Municipalities Is All About Health
Twenty-five municipalities have put in place moratoriums on new dollar store openings. Florida, Miami Beach, woman shopping in dollar store. (Photo by: Jeffrey Greenberg/Universal Images … [+] G...
Jeremy Grantham warns the S&P 500 will ‘likely’ plunge another 40% minimum — here are 3 shockproof stocks in his portfolio to help limit the pain
Jeremy Grantham warns the S&P 500 will ‘likely’ plunge another 40% minimum — here are 3 shockproof stocks in his portfolio to help limit the pain With stocks pulling back substantially from earlie...
Revisiting The Chicago Bulls’ Blockbuster Trade For Nikola Vucevic
MILWAUKEE, WISCONSIN – APRIL 17: Nikola Vucevic #9 of the Chicago Bulls reacts to a three point shot … [+] against the Milwaukee Bucks during the second half of Game One of the Eastern Con...
Oil Rally Evaporates After Touching the Highest Since March
(Bloomberg) — Oil’s rally fizzled following a report that OPEC members are exploring the idea of exempting Russia from its oil-production deal, which could open the door for other producers to p...
Japan’s 7-Eleven Tycoon Bucks The Trend By Doubling Down On Convenience Stores
Masatoshi Ito Kimimasa Mayama/Bloomberg This story is part of Forbes’ coverage of Japan’s Richest 2022. See the full list here. The 7-Eleven convenience store made Japan’s Seven & i Holdings the r...
Europe lurches closer to energy crisis as Kremlin cuts off gas supply to Shell
gazprom gas Europe lurched closer to an energy crisis on Tuesday after the Kremlin cut off gas supplies to major buyers including Shell. Russia’s state-owned gas supplier, Gazprom, said supplies to Sh...
Global Turbulence Shakes Japan’s Growth Outlook
This story appears in the June 2022 issue of Forbes Asia. Subscribe to Forbes Asia Japanese yen ullstein bild via Getty Images This story is part of Forbes’ coverage of Japan’s Richest 2022. See the f...
Wealth Of Pan Pacific International’s Founder Falls Despite Retailer Posting Record Earnings
This story appears in the June 2022 issue of Forbes Asia. Subscribe to Forbes Asia Takao Yasuda Takao Yasuda This story is part of Forbes’ coverage of Japan’s Richest 2022. See the full list here. For...
Founder Of Japanese Home Improvement Chain Goes On A Building Binge
This story appears in the June 2022 issue of Forbes Asia. Subscribe to Forbes Asia Akio Nitori (left) and Mone Inami, a 2021 golf tournament winner of the Nitori Ladies at Otaru Country Club in Hokkai...
Fed’s quantitative tightening is about to arrive: What that might mean for markets
The Federal Reserve’s almost $9 trillion portfolio is about to be reduced starting on Wednesday, in a process intended to supplement rate hikes and buttress the central bank’s fight against inflation....
Minivans, With All Their Advantages, Finally Get Millennials’ Appreciation
True, it took a global supply-chain disaster to make it happen, but a day has arrived in the U.S. auto industry that I long wished for — but never thought would happen. The minivan officially is back ...
Eli Lilly stock pulls back from record high after disclosing sales by largest shareholder
Shares of Eli Lilly & Co. LLY, -3.10% fell 4.0% in afternoon trading Tuesday, to pullback from the previous session’s record close, after the drug maker disclosed that its largest shareholde...
Experience Authentic Kaua’i With A Plant-Based Cooking Class At Anaina Hou Farmers’ Market
While Kaua’i is known as the Garden Isle, visitors rarely consider the edible garden that the island, in essence, is. Kaua’i has several large farmers’ markets, and now, at Anaina Hou Community Park, ...
Amazon stock surges toward best 4-day performance in 2 years after stock split approved
Shares of Amazon.com Inc. AMZN, +4.40% charged 5.7% higher to $2,435.01 in afternoon trading, to put them on track for a fourth-straight gain. The ecommerce and cloud behemoth’s stock has soared...
Elon Musk says Dogecoin creator didn’t help him to fix Twitter bots
Elon Musk has hit out against Dogecoin founder Jackson Palmer in a string of tweets, particularly over some help that Palmer gave him four years ago. In 2018, Musk was complaining about Twitter bots t...
Can AMC Entertainment Stock Rally to $20? Check the Chart.
AMC Entertainment (AMC) – Get AMC Entertainment Holdings, Inc. Class A Report leaped out of the gate on May 31, the first trading day of a holiday-shortened week. The shares moved up as much as...
Global Headwinds Knock Down Collective Wealth By A Third
Tadashi Yanai Kiyoshi Ota/Bloomberg This story is part of Forbes’ coverage of Japan’s Richest 2022. See the full list here. Soaring energy and commodity prices, exacerbated by the war in Ukraine, dash...
Why Costco Won’t Raise the Price of Its Hot Dogs
Text size Costco’s membership renewal rate for the U.S. and Canada stood at 92.3% last quarter. David Pail Morris/Bloomberg Costco Wholesale takes care of its more than 64 million members. The s...
Charts suggest ‘a very nice summer’ for stocks
CNBC’s Jim Cramer explained technical analysis from veteran chartist Larry Williams that suggests the market’s recent rebound could last for the next few months. “Larry Williams perf...
Support For Tighter Gun Laws In The U.S. Or Canada? [Infographic]
After the gun massacres in Buffalo, New York and Uvalde, Texas, U.S. President Joe Biden has pledged action on gun control. Due to the Democrats’ shaky majority in Congress, however, the future of any...
Gas Wars Deepen as Russia Curbs Supplies to More European Buyers
(Bloomberg) — Russia cut off the gas to more European buyers, stepping up its use of energy as a weapon and sowing further division in Europe. Most Read from Bloomberg Gazprom PJSC halted pipeli...
Foreign exchange pushed Salesforce to lower revenue guidance
Salesforce co-founder and co-CEO Marc Benioff told CNBC’s Jim Cramer on Tuesday that the rising value of the dollar played a part in the software company lowering revenue guidance in its latest ...
Fayez Sarofim, Buffett-Style Investor and Art Collector, Dies at 93
Fayez Sarofim, an Egyptian immigrant who built a successful investment firm with an approach similar to Warren Buffett’s, died in Houston on Saturday at age 93. Sarofim, who became a billionaire, had ...