The Ontario Securities Commission has scored more courtroom wins against unregistered crypto exchanges. In two legal proceedings finalized on June 21 and 22, the OSC has barred Kucoin from Ontario an...
Tag: bars
Mars has secretly become bigger than Coca-Cola, and the reason might not have much to do with candy bars
Business is sweet, both figuratively and literally, for Mars, a private company that has revealed some eye-popping sales numbers. On Wednesday, candy manufacturing giant Mars provided a rare insight i...
Korea bars Terra developers from leaving the country: JTBC News
Prosecutors in Korea have blocked Terra developers and former developers from leaving the country as investigations into the failed crypto project continue. According to Korean media outlet JTBC News,...
World Swimming Federation Bars Most Transgender Women From Elite Events—But Weighs ‘Open Competition’ Category
Topline The international governing body for swimming voted Sunday to largely restrict transgender athletes from competing in the elite level of women’s swimming, but will consider setting up new “ope...
Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week
Text size Uncredited U.S. stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders meetings, and economic-data rele...
McDonald’s in Russia Reopens Under New Ownership
MOSCOW—More than a dozen former McDonald’s restaurants reopened here under a new brand and new ownership, accompanied by a marketing blitz aimed at convincing Russians that the new chain’s burgers are...
These 19 large-cap stocks have now dropped at least 60% from their 52-week highs
The latest inflation figures on June 10 were worse than expected and the effect on stock prices was brutal. A list of stocks in the S&P 500 and the Nasdaq-100 Index that have fallen at least 60% f...
Howard Schultz Says Starbucks Is Seeking Fresh Blood in CEO Search
SEATTLE—Starbucks is considering only external candidates for its next chief executive officer, as interim CEO Howard Schultz said the company needs to add new talent and skills to its senior leadersh...
Carl Icahn Dropping Proxy Fight Over Pig Treatment at Kroger
Carl Icahn is dropping a proxy fight focused on the treatment of pregnant pigs at grocery-chain Kroger Co. after concluding he is likely to lose as he did a similar fight at McDonald’s Corp. last mont...
AMD, Pfizer, NIO, DocuSign, Campbell Soup, and Other Stocks for Investors to Watch This Week
It’s a relatively quiet week on the earnings calendar. Highlights will include J.M. Smucker on Tuesday, Campbell Soup on Wednesday, and DocuSign, NIO, and Vail Resorts on Thursday. Pfizer also hosts a...
New York City’s Best Hotel Bars For Summer 2022
Clocktower Bar At The Edition in Madison Square Park The EDITION Hotel New York prides itself on affording access to the excess. And there’s plenty for the city to be boastful about when it comes to w...
Summer Vacationers Want to Kick It Old School
The new and the high tech are suddenly out of fashion, with the Nasdaq down around 23% this year. That sentiment change seems to have bled into the online travel sector, where the uncool is making a c...
U.S. bars Russia from paying bondholders through American banks, increasing default risk
The Kremlin towers and Ivan the Great Cathedral in Moscow. Kirill Kudryavtsev | Afp | Getty Images The Biden administration will ban Russia’s government from paying bondholders through American ...
‘Pharma Bro’ Martin Shkreli Traded Crypto Behind Bars – Here Are Some Reactions
Martin Shkreli, the so-called “Pharma Bro” who gained notoriety for jacking up the price of the life-saving medicine Daraprim by more than 5,000 percent, is very optimistic about DeFi. The former hedg...
Doximity stock plummets after forecast, heads lower than IPO price for first time
Doximity Inc. shares plunged toward all-time lows in after-hours trading Tuesday, following an earnings report that projected an unexpected revenue decline in the current quarter. Doximity DOCS, +2.36...
15 stocks that have fallen at least 33% but by these measures are still standouts in their sectors
During a year in which more than half of the stocks in the S&P 500 Index have declined 10% or more, you have probably seen the term “oversold” being bandied about. But what does oversold really me...
24-Hour Chocolate, Wine And Mezcal Bars Hint At The Gilded Offerings Of Riviera Maya’s Newest Boutique Hotel
The elevated concrete pool of La Casa de La Playa La Casa de La Playa Over the past few years, Riviera Maya’s reputation as a fine-dining destination has risen like the cream of coconut milk. A slew o...
Starbucks’ CEO Howard Schultz Bought $10 Million of Stock
Text size Howard Schultz has halted Starbucks’ buybacks of its stock. Getty Images Howard Schultz, now on his third stint as Starbucks ‘ top executive, just bought millions of dollars of the cof...
Dutch Bros. stock spills 37% lower after forecast cut due to inflation
After its third quarterly earnings report since going public, coffee chain Dutch Bros. Inc.’s shares were slaughtered in late trading Wednesday after executives revised their annual outlook to predict...
Opinion: Which jobs have come back, and which ones haven’t
Although the recovery in output, wealth and hours worked has been remarkable since February 2020, the U.S. economy remains deeply scarred by the COVID-19 pandemic. Total hours worked in the nonfarm ec...
The office ‘is over,’ Airbnb CEO Brian Chesky says, and flexibility is the future
““I think that the office as we know it, is over.”” That’s Airbnb Chief Executive Brian Chesky, in an interview with Time magazine’s The Leadership Brief published Sunday. “It’s kind of like an anachr...
Argentine Central Bank Bars Banks from Handling Crypto – crypto.news
Argentina’s apex bank, the Central Bank of the Argentine Republic (BCRA) made it clear via a statement on May 5, 2022, that financial institutions are not allowed to directly handle crypto transaction...
PepsiCo Raises Its Dividend, and Marriott and Hilton’s Payouts Make a Comeback
Text size PepsiCo stock yields 2.7%. Joe Raedle/Getty Images Baxter International , Devon Energy , and PepsiCo were among the large U.S. companies that announced dividend increases this week. In addit...
Starbucks plans to invest roughly $200 million to tackle increased demand for customized cold beverage orders
According to Starbucks Corp.’s interim Chief Executive Howard Schultz, the coffee giant’s problem isn’t demand, but the challenges of meeting it. The company SBUX, -1.26% has allotted more than $200 m...
These 10 stocks in the S&P 500 soared at least 8% after the Fed made its big move — but only 3 have gains for 2022
Wednesday turned into a big day for stocks — the S&P 500 index had its largest one-day percentage gain in nearly two years — after the Federal Reserve raised the federal funds rate by half a perce...
Grubhub Owner Jet Could See Broader Engine Failure
Grubhub owner Just Eat Takeaway.com’s TKWY 3.87% share price fell nearly 70% over the past year. Trimming the fat might not help in the long run. The European food-delivery giant said in April it woul...
Beyond Meat Stock Jumps on Hopes McDonald’s Partnership Will Be Permanent
Text size A McDonald’s McPlant Beyond Meat burger. Justin Sullivan/Getty Images Beyond Meat stock jumped on Wednesday, following reports that its McPlant partnership with restaurant behemoth McD...
Cambodia Bars Using and Trading of Crypto
In Asia, the Cambodian Ministry of Finance and Economics announced on Wednesday that no-issuance and circulation of cryptocurrencies would be allowed in the country. The agency, which is responsible ...
These 21 large-cap stocks have now crashed at least 50%
Stocks soured on April 26, with major declines for broad indexes that underlined what a difficult year it has been, so far, for technology stocks. Below is a list of 21 large-cap stocks that have drop...
Apple, Microsoft, Visa, Boeing, GM, Chipotle, and Other Stocks to Watch This Week
It’s the busiest week of first-quarter earnings season. A whopping 165 S&P 500 companies are scheduled to report their results for the first three months of 2022. Big Tech giants will be among the...
Apple, Microsoft, Visa, Boeing, GM, Chipotle, and Other Stocks for Investors to Watch This Week
It’s the busiest week of first-quarter earnings season. A whopping 165 S&P 500 companies are scheduled to report their results for the first three months of 2022. Big Tech giants will be among the...
These 16 stocks in the S&P 500 crumpled at least 9% a day after the Fed raised rates
One day after U.S. stocks got a reprieve as the Federal Reserve lifted its target range for short-term interest rates by 0.75 percentage point, inflation fears built a new wall of worry to send U.S. s...