Category Archives:
Rithm Capital to acquire hedge fund Sculptor for $639 million
NEW YORK (Reuters) - Asset manager Rithm Capital has agreed to acquire hedge fund firm Sculptor Capital Management for $639 million, the companies said in a statement on Monday. Rithm will pay $11.15 ...
Jul 24, 2023
Starbucks illegally fired NYC supervisor over union activities, judge rules
By Jonathan Stempel NEW YORK (Reuters) - Starbucks violated U.S. labor law by firing a Manhattan store supervisor who had organized workers to join a union, a federal labor board judge ruled on Monday...
Jul 24, 2023
Apple faces $1 billion UK lawsuit by apps developers over app store fees
By Foo Yun Chee BRUSSELS (Reuters) - Apple on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App...
Jul 24, 2023
Marketmind: China gloom deepens, Wall Street shines
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The contrasting market fortunes between the U.S. and China are well known to in...
Jul 24, 2023
Shein posts US lobbying tab as it stays in lawmakers’ crosshairs
By Arriana McLymore NEW YORK (Reuters) - Shein, an online discount clothing retailer whose labor practices in China are being questioned by U.S. lawmakers, spent $600,000 in the second quarter in lobb...
Jul 24, 2023
Whirlpool profit slides as inflation hits appliance demand
(Reuters) - Whirlpool Corp reported a 29.5% slide in quarterly profit on Monday as persistent inflation hit consumer spending, weakening demand for its washing machines and kitchen appliances. Shares ...
Jul 24, 2023
F5 results beat estimates as client spending on cloud applications rise
(Reuters) - F5 beat third-quarter revenue and profit estimates on Monday, benefiting from higher customer spending on its cloud-related technology, sending its shares up nearly 9% after the bell. Afte...
Jul 24, 2023
Pfizer says supply of some drugs may be disrupted after NC tornado
NEW YORK (Reuters) - Drugmaker Pfizer Inc said over 30 drugs, including injections of painkiller fentanyl and anesthetic lidocaine, may see supply disruption after a tornado destroyed a warehouse at i...
Jul 24, 2023
NXP forecasts third quarter above estimates on steady automotive demand
(Reuters) - Chipmaker NXP Semiconductors forecast third-quarter revenue and profit above Wall Street targets on Monday, betting that demand from automakers ramping up production will cushion the hit f...
Jul 24, 2023
Peoria’s Dream Center hosting annual backpack giveaway for kids on Saturday. Here’s the details of the event
PEORIA, Ill. – Dream Center Peoria is helping students start the new school year on the right foot by giving them some of the tools they need for success in the classroom. The center's 22nd Annu...
Jul 24, 2023
Peoria, IL, USA
53 °F Sunny
