BOB EHRLICH: The Sky Is Blue — Believe It Bob Ehrlich on August 11, 2023 A long simmering pot of righteous indignation is breaking out as America’s silent majority reaches …
"Stuart"
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Coach owner’s Michael Kors deal creates US giant to take on European luxury rivals
by Reutersby ReutersBy Aishwarya Venugopal (Reuters) -Coach parent Tapestry will buy Michael Kors owner Capri Holdings in a deal valued at $8.5 billion, creating a U.S. fashion powerhouse to challenge larger European …
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(Reuters) -Coach parent Tapestry said on Thursday it will buy Michael Kors owner Capri Holdings in a deal valued at $8.5 billion, creating a top U.S. fashion house that can …
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Jersey Shore Outlet Giants Create Luxury Super Business
NEPTUNE, NJ – Nearly every outlet shopping center in New Jersey features two brands, Coach and Michael Kors. Now, these two giants are being combined into one luxury super brand …
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US boardroom diversity gains slow as S&P 500 seeks resumes from finance
by Reutersby ReutersBy Ross Kerber (Reuters) – Boards of S&P 500 companies made recruiting directors with financial expertise their top priority over the past year, slowing boardroom gains for minorities, according to …
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Instant view: US jobs growth stays moderate in July, wage gains still strong
by Reutersby ReutersNEW YORK (Reuters) – The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued …
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Lawyer behind 100s of fake disability lawsuits gets 4-year sentence
by Reutersby ReutersBy David Thomas (Reuters) – A Florida lawyer was sentenced to four years in federal prison for mail fraud on Thursday after prosecutors in New York said he filed hundreds …
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By Lawrence Delevingne (Reuters) -U.S. shares finished with minimal losses after a day of up and down trading as U.S. bond yields hit nine-month peaks and the dollar dipped following …
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Electronic Arts shares drop as competition, lower spending hit bookings forecast
by Reutersby Reuters(Reuters) -Electronic Arts shares sank more than 7% on Wednesday, a day after the videogame publisher projected quarterly net bookings below expectations due to high competition and muted spending by …
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New Jersey Tax Preparer Arrested For $125 Million IRS Scam
NEW YORK CITY, NY – A tax preparer from New Jersey was arrested for attempting to fraudulently claim more than $124 million from the IRS. U.S. Attorney Philip R. Sellinger …
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Two Arrested for Violating Pre-Trial Release in Cumberland
by Leo Canegaby Leo CanegaCUMBERLAND, MD – The Cumberland City Police Department arrested two men last Friday on active Bench Warrants. Javis Chayton Bohrer, a 22-year-old Cumberland resident, was arrested for violating pre-trial release …
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Big Tech under pressure as Microsoft results put AI costs in spotlight
by Reutersby ReutersBy Shreyashi Sanyal and Amruta Khandekar (Reuters) – A number of U.S. big tech companies fell on Wednesday as Microsoft’s results signaled how the high-stakes battle for AI supremacy will …
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Smaller miners’ hunger for cash grows as copper prices fall, sparking M&A bets
by Reutersby ReutersBy Divya Rajagopal and Melanie Burton TORONTO/SYDNEY – A fall in copper prices is having an outsized impact on small and mid-sized miners, forcing many to cut output, and some …
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Biden asks aides for options preventing future debt limit crisis
by Reutersby ReutersBy Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden asked a group of aides to explore “all legal and policy options” to prevent another debt limit standoff, the White …
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Crypto firms facing US SEC charges find hope in Ripple ruling, experts say
by Reutersby ReutersBy Jody Godoy and Chris Prentice (Reuters) -A cryptocurrency developer’s landmark legal victory against the U.S. Securities and Exchange Commission (SEC) will galvanize Coinbase and other companies to resist the …
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‘Safeguard Our Values’: Vivek Ramaswamy To Unveil List Of Potential Supreme Court Picks
‘Safeguard Our Values’: Vivek Ramaswamy To Unveil List Of Potential Supreme Court Picks Katelynn Richardson on July 17, 2023 Republican presidential candidate Vivek Ramaswamy is set to release a list …
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World’s war on greenhouse gas emissions has a military blind spot
by Reutersby ReutersBy Sarah McFarlane and Valerie Volcovici LONDON/WASHINGTON (Reuters) – When it comes to taking stock of global emissions, there’s an elephant in the room: the world’s armed forces. As temperatures …
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‘Rip Up Joe Biden’s Green New Deal’: DeSantis Reveals His Climate Plan
‘Rip Up Joe Biden’s Green New Deal’: DeSantis Says His Climate Plan Is About ‘Innovation,’ ‘Market Forces’ Harold Hutchison on July 10, 2023 Republican Gov. Ron DeSantis said Monday that …
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Yellen swaps stories of being ‘the only woman in the room’ with Chinese economists
by Reutersby ReutersBy Andrea Shalal and Yew Lun Tian BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen, a trailblazer in the field of economics, met with six female economists in Beijing on …
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Instant View: June US jobs growth cooled, but wages won’t comfort Fed
by Reutersby ReutersNEW YORK (Reuters) – U.S. job growth slowed more than expected in June after surging in the prior month, but labor market conditions remain tight, with the unemployment rate retreating …
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By Ismail Shakil and Steve Scherer OTTAWA (Reuters) – Canada recorded a surprise trade deficit in May, a sign economic growth may be slowing, as energy and grains dragged down …
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(Reuters) – Layoffs in the United States nearly halved in June from a month earlier as job cuts in the technology sector fell, according to data from employment firm Challenger, …
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By Amruta Khandekar and Shreyashi Sanyal (Reuters) -European shares were steady in thin trading on Tuesday, with a lack of fresh economic data from the region and uncertainty around the …
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By Jason Lange and Nathan Layne WASHINGTON (Reuters) – Two groups allied with former President Donald Trump and Florida Governor Ron DeSantis have pumped more than $30 million into the …
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3M reaches tentative $10.3 billion deal over US ‘forever chemicals’ claims
by Reutersby ReutersBy Clark Mindock (Reuters) -3M Co has reached a $10.3 billion settlement with a host of U.S. public water systems to resolve water pollution claims tied to “forever chemicals,” the …