After sharp declines into mid April, stocks rebounded over the last three weeks and the S&P 500 SPDR (SPY) came within 1% of its March high. This March high acts…
A new strategy has emerged in the battle to ban smoking in casinos: the shareholder vote. Shareholders at Boyd Gaming, Bally’s Entertainment and Caesars Entertainment will put on the ballot at the respective casino companies…
A federal jury in New York on Thursday convicted an investor of insider trading in the stock of a shell company ahead of its announcement in October 2021 that it would merge…
Editor's Pick
Gold bars are selling like hot cakes in Korea’s convenience stores and vending machines
by
0 comment
Aside from ramen and sausages, South Korea’s convenience stores have a new popular item on the menu — gold bars. The country’s largest convenience store chain, CU, has been collaborating…
Editor's Pick
Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates
by
0 comment
Mortgage rates are significantly higher than they were at the start of this year, but they pulled back slightly last week after several weeks of straight increases. That was enough…
Editor's Pick
FTX customers may get their money back, but not gains from crypto price increases
by
0 comment
Some customers of the failed cryptocurrency exchange FTX could receive the full value of the money they lost if a court approves the company’s bankruptcy plan. However, they will not…
Editor's Pick
Applebee’s owner plots turnaround to lure back fast-food customers and home cooks
by
0 comment
Applebee’s and IHOP owner Dine Brands thinks its deals can lure away fast-food customers who have grown frustrated with menu prices. As consumers pull back their restaurant spending, Applebee’s and IHOP are fighting against…
LONDON — The Bank of England on Thursday announced a widely expected hold on interest rates as it said restrictive monetary policy was taming inflation, but warned a June rate…
Editor's Pick
Ascension Health, largest Catholic hospital chain in the U.S., hit by cyberattack, disrupting patient care
by
0 comment
Ascension Health, the nation’s largest chain of Catholic hospitals, said Thursday it was responding to a cyberattack that was disrupting its operations. In a press release on its website, Ascension…
Editor's Pick
Hyundai and Kia unit settles U.S. charges it repossessed service members’ vehicles
by
0 comment
Hyundai’s and Kia’s American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday. According to papers…