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In this article MCD Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investor Carl Icahn lost his proxy fight with McDonald’s on Thursday, signaling that shareholders weren’t swayed by his animal-welfare concerns. Preliminary counts of votes during the company’s annual shareholder meeting showed that…
Courtneyk | E+ | Getty Images More than $163 billion in benefits likely leaked from the unemployment system during the pandemic, with a “significant portion” attributable to fraud, according to a U.S. Department of Labor report. Congress created many new programs in March 2020 to support millions of people who lost their jobs from the…
Bloomberg | Bloomberg | Getty Images One of the best car-shopping weekends pre-pandemic is more of a dud these days. Amid the auto industry’s manufacturing challenges due to persisting supply-chain issues, Memorial Day sales are generally minimal to nonexistent this year. “It’s looking pretty bleak, to be straightforward about it,” said Ivan Drury, senior manager…
In this article GPS ULTA URBN JWN M A Nordstrom employee fixes a floral dress on a mannequin in one of the retailer’s department stores. Ben Nelms | Bloomberg | Getty Images Out with sweatpants, in with blazers, lipstick and eye-popping prints on dresses. Americans are sprucing up their wardrobes and spending more on dressier…
In this article BIG ADSK ULTA Ulta Beauty store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Friday. Ulta Beauty — The beauty retailer surged 10% following better-than-expected quarterly earnings and revenue. Ulta Beauty also shared a better-than-expected outlook for the full year. American Eagle — The stock dropped 4.2%…
The $28.5 million mansion that recently hit the market in Boca Raton, FL located at 2633 Spanish River Rd. Danny Petroni Ultra-high-end real estate in Boca Raton, Florida, is on a stratospheric rise, breaking record sale prices every year for five consecutive years. And the price per square foot of the town’s top-end homes is now…
In this article BAC Ilkercelik | Istock | Getty Images The market volatility that’s gripped the markets for weeks has prompted some investors to ask, “Is this the bottom?” But waiting for the market low may prove elusive. “There’s no ‘the’ bottom,” said Chris Hyzy, chief investment officer at Merrill and Bank of America Private…
Walgreens has been training and employing neurodiverse workers since 2007. “What we do know, from data and research, is that this is the highest unemployed demographic in the country,” Carlos Cubia, global chief diversity officer at Walgreens Boots Alliance, said of workers with disabilities. Justin Sullivan | Getty Images When Cornelia Quinn, co-founder of Go-Be,…
Test tubes labelled “Monkeypox virus positive and negative” are seen in this illustration taken May 23, 2022. Dado Ruvic | Reuters A recent monkeypox outbreak across the U.S., Europe, Australia and the Middle East has baffled health experts and is raising concerns of a wider outbreak. As of Wednesday, there were 346 confirmed and suspected…
Alibaba, whose headquarters are pictured here on May 26, said its online physical goods GMV in China, excluding unpaid orders, fell further in April, with a “low teens” decline from a year ago. Str | Afp | Getty Images BEIJING — Chinese tech giants Alibaba, Tencent and JD.com have all posted their slowest revenue growth…
Rohit Chopra leads the Consumer Financial Protection Bureau, the federal agency whose mission is to protect consumers from “abusive and deceptive financial practices.” As the director of the CFPB, he is keeping a close eye on trouble spots that could potentially cause another financial crisis. With inflation significantly impacting household budgets for millions of Americans,…
As the S&P and Bitcoin have developed correlation it’s best to look at the VIX to see what’s on the horizon for Bitcoin. #Bitcoin #Defi #Crypto #Commodities #Equities #Stocks #US #Investing #Trading #NYSE #NASDAQ #$BTC #$VIX