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J.M. Smucker stock jumps toward 6-year high after profit and sales beat expectations and outlook raised

Trump’s family business ordered to pay $1.6 million in tax-fraud fines

By adminPosted on January 13, 2023

Former President Donald Trump’s family business was ordered to pay about $1.6 million in criminal fines following its tax-fraud conviction in December. New York State Supreme Court Justice Juan Merchan Read more

J.M. Smucker stock jumps toward 6-year high after profit and sales beat expectations and outlook raised

Coinbase to cut 950 jobs and book charges of up to $163 million

By adminPosted on January 10, 2023

Coinbase Global Inc. stock COIN, +15.06% slid 2.8% in premarket trade Tuesday, after the crypto exchange said it’s cutting 950 jobs in a cost-cutting effort required given the current gyrations Read more

Southwest sees flight cancellations costing up to $825 million

Southwest sees flight cancellations costing up to $825 million

By adminPosted on January 6, 2023

Southwest Airlines Co. warned Friday that it expects to report a surprise net loss for the fourth quarter, because of the costs associated with all the flights it canceled in Read more

Silvergate lost more than $700 million selling assets to cover withdrawals during crypto selloff

Silvergate lost more than $700 million selling assets to cover withdrawals during crypto selloff

By adminPosted on January 5, 2023

The collapse of crypto exchange FTX sparked a run on Sivergate Capital Corp., forcing the bank to sell assets at a steep loss to cover some $8.1 billion in withdrawals. Read more

U.S job openings stay high at 10.5 million and show labor market still very strong

U.S job openings stay high at 10.5 million and show labor market still very strong

By adminPosted on January 4, 2023

The numbers: Job openings in the U.S. fell slightly to 10.46 million in November, but workers were still quitting in droves in a sign the labor market remains quite strong — Read more

Damar Hamlin supporters have contributed $6 million to a GoFundMe campaign

Damar Hamlin supporters have contributed $6 million to a GoFundMe campaign

By adminPosted on January 4, 2023

Long before Buffalo Bills player Damar Hamlin went into cardiac arrest during Monday night’s NFL game against the Cincinnati Bengals in Cincinnati, he was behind a 2020 GoFundMe campaign to Read more

J.M. Smucker stock jumps toward 6-year high after profit and sales beat expectations and outlook raised

AMC stock plunges after $110 million capital raise, 1-for-10 reverse split proposal

By adminPosted on December 22, 2022

Shares of AMC Entertainment Holdings Inc. AMC, -15.00% plunged 20.6% toward 22-month lows, after the movie theater operator announced a $110 million equity capital raise and said it was seeking Read more

China predicts COVID ‘normalcy’ within months, but experts forecast more than 1 million deaths

China predicts COVID ‘normalcy’ within months, but experts forecast more than 1 million deaths

By adminPosted on December 20, 2022

China’s closely watched reopening is now causing concern as the number of new COVID-19 cases grows and the country reports the first deaths in several weeks.  Much of the news Read more

Aaron Judge signs $360 million deal, is now highest paid position player in MLB

Aaron Judge signs $360 million deal, is now highest paid position player in MLB

By adminPosted on December 7, 2022

Aaron Judge has agreed to return to the New York Yankees on a $360 million, nine-year contract, according to Tuesday reports from the MLB Network and Fox. Judge will earn Read more

U.S. stock futures turn lower after much stronger-than-expected jobs report reinforces Fed rate hike expectations

U.S. job openings fall to 10.3 million — but labor market still too strong for the Fed

By adminPosted on November 30, 2022

The numbers: Job openings in the U.S. fell to 10.3 million in October in another sign the labor market is cooling off as the economy softens. But it doesn’t appear to Read more

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