Mainland China reports first Covid-related deaths since the Shanghai lockdown

This restaurant, along with many others in Beijing’s business district of Chaoyang, had to suspend dine-in services over the weekend as Covid infections soared. Jade Gao | Afp | Getty Images BEIJING — Three people died over the weekend after contracting Covid, the first deaths from the virus that mainland China has recorded since May,…

Is Patagonia the end game for profits in a world of climate change?

A Patagonia store signage is seen on Greene Street on September 14, 2022 in New York City. Michael M. Santiago | Getty Images News | Getty Images Many brands are aligning profits with purpose, but Patagonia’s decision in September to convert its for-profit business to one under which all the profits flow through to fighting…

Inflation forces mom and pop restaurants and big chains to lean on their unique strengths

In this article SBUX MCD Follow your favorite stocksCREATE FREE ACCOUNT Customers at a McDonald’s restaurant Scott Mlyn | CNBC As the restaurant industry battles inflation, the large size of chains and their access to cash gives them the upper hand, but independents have advantages of their own when managing higher costs. Feeling the pressure…

Stocks making the biggest moves after hours: Live Nation, Gap, Ross Stores, Palo Alto and more

In this article AMAT KEYS STNE ROST GPS LYV PANW Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Gap – The retailer popped 10% after beating Wall Street’s estimates for revenue….

Crypto startup Ripple is seeking a license in Ireland to drive EU expansion

In this article XRP.CM= Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration of the ripple cryptocurrency ‘altcoin’ sits arranged for a photograph on April 25, 2018 in London, England.  Jack Taylor | Getty Images News | Getty Images U.S.-based crypto company Ripple no longer derives most of its income from America and is…

Top Wall Street analysts like these stocks amid the macro uncertainty

In this article XRAY VMW LSCC Follow your favorite stocksCREATE FREE ACCOUNT VMware at the NYSE, Dec. 14, 2021. Source: NYSE The market is set to begin what should be a quiet holiday week, but key catalysts are on the horizon. The stock market is closed on Thursday for Thanksgiving Day, and it’s set to…

‘There is no such thing as a free lunch.’ 4 lessons for crypto investors from the FTX collapse

Bahamas-based crypto exchange FTX filed for bankruptcy in the U.S. on Nov. 11, 2022, seeking court protection as it looks for a way to return money to users. Nurphoto | Nurphoto | Getty Images After a difficult year for digital assets, many investors were blindsided by the recent collapse of cryptocurrency exchange FTX, as customers…

Putting a Face on America’s Estate Tax Returns

Supporters of the federal estate tax often defend it by saying that “because it only affects the heirs of the wealthiest Americans—fewer than one in 1,000 estates—the estate tax is the most progressive part of the tax code.” Despite the relatively small number of estates that pay the tax, there are real people behind these…

Qatar to ban beer at World Cup stadiums in dramatic reversal two days before tournament starts

In this article ABI-BE BUD Follow your favorite stocksCREATE FREE ACCOUNT DUBAI, United Arab Emirates — Qatar is banning all beer sales at and around its World Cup stadiums, in a dramatic U-turn just two days before the massive soccer tournament begins, world soccer governing body FIFA confirmed on Friday. “Following discussions between host country…

Brits face sharpest fall in living standards on record as government tightens its belt

Prime Minister Rishi Sunak (C), alongside the Chancellor of the Exchequer, Jeremy Hunt, (centre right) holds his first Cabinet meeting on October 26, 2022 in London, England. WPA Pool | Getty Images LONDON — As the U.K. government announces a £55 billion ($65.5 billion) program of tax hikes and spending cuts, the country faces its…