(Reuters) – Trucking company Yellow Corp’s assets have attracted significant bidders and their sale could likely surpass the company’s $1.4 billion in secured debt, Fox Business reported on Tuesday, citing …
"business"
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- Business News
Disney’s ESPN inks $2 billion deal with Penn to launch sports betting business
by Reutersby Reuters(Reuters) -Walt Disney’s ESPN and casino-owner Penn Entertainment have agreed to jointly launch a sports betting business under the brand ESPN Bet, the two companies said on Tuesday. Shares of …
- Business News
UPS cuts 2023 forecasts, fights to regain business lost during US labor talks
by Reutersby ReutersBy Lisa Baertlein and Priyamvada C (Reuters) -United Parcel Service cut its full-year revenue and profitability targets on Tuesday as the world’s largest package deliverer faces higher labor costs and …
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US business owners seek increased insurance protection amid mounting risks – study
by Reutersby Reuters(Reuters) – An overwhelming number of business owners in the United States are looking to expand their insurance coverage amid risks ranging from climate change to cyber attacks, a study …
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US small business confidence rises to 8-month high in July, NFIB says
by Reutersby ReutersBy Safiyah Riddle (Reuters) – U.S. small business confidence edged up to an eight-month high in July, as concerns about inflation fell to the lowest level in nearly two years, …
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SYDNEY (Reuters) – Australian business conditions again proved solid in July with sales, profits and employment all above average, while a spike in labour costs and prices suggested inflationary pressures …
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LatAm’s MercadoLibre reaches 5 million clients in insurance business
by Reutersby ReutersBy Carolina Pulice MEXICO CITY (Reuters) -Latin American e-commerce company MercadoLibre has reached five million clients in its insurance business, according to a senior executive, marking another step forward in …
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New Jersey Scrap Metal Operator Charged for Defrauding Businesses
CAMDEN, N.J. – A major wire fraud case was resolved on last Wednesday, with Creed White, a 64-year-old man from Freeland, Maryland, admitting guilt. White, the proprietor of a New …
- Business News
Party City, Creditors in talks to spin off balloon business – Bloomberg News
by Reutersby Reuters(Adds attribution in headline) (Reuters) – Party City Holdco is considering splitting up its balloon manufacturing and retailing businesses as the latter charts a course out of bankruptcy, Bloomberg News …
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US should extend EV tax benefits to Vietnam, says business lobby
by Reutersby ReutersBy Simon Lewis and David Brunnstrom WASHINGTON (Reuters) – The United States should extend electric vehicle tax credit benefits to Vietnam if it wants to encourage a landmark investment from …
- Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Dem Rep Invokes Trump’s Kids While Questioning Hunter Biden’s Former Business Partner
Dem Rep Invokes Trump’s Kids While Questioning Hunter Biden’s Former Business Partner Nick Pope on August 3, 2023 Democratic Rep. Dan Goldman of New York invoked former President Donald Trump’s …
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Fugitive Thief Targeting Designer Sunglasses at Polaris Area Business
by Leo Canegaby Leo CanegaCOLUMBUS, OH – The Burglary Unit is seeking community assistance in identifying a man who stole several pairs of designer sunglasses from a Polaris area business on Monday, July 24. …
- Business News
Sluggish return of business travelers forces US airlines to rejig their networks
by Reutersby ReutersBy Rajesh Kumar Singh CHICAGO (Reuters) -U.S. airlines are enjoying strong leisure travel demand, but corporate travelers are still not back in full force, compelling airlines to restructure their networks …
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Apollo’s second-quarter earnings surge 75% on upbeat annuities business
by Reutersby ReutersBy Chibuike Oguh NEW YORK (Reuters) – Apollo Global Management Inc said on Thursday its second-quarter adjusted net income jumped 75% year-on-year, underpinned by strong growth in earnings from its …
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Forgery Suspect Caught After Passing Stolen Checks at Local Business
by Adam Devineby Adam DevineUTICA, NY – On July 18, Utica Police officers were notified of check theft from a resident’s mailbox. The individual stated that the stolen checks were subsequently cashed at a …
- Breaking NewsMaryland NewsPolice Blotter
Man Breaks Into Business, Robs ATM, Cash Boxes
by Leo Canegaby Leo CanegaCROFTON, MD – A break-in was reported at the 7-Eleven at 2129 Defense Highway, Crofton on Sunday, around 3:30 a.m. Officers were alerted by a hold-up alarm triggered at the …
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By Jonathan Cable LONDON (Reuters) -The downturn in euro zone business activity worsened more than initially thought in July as the slump in manufacturing was accompanied by a further slowing …
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By Lucia Mutikani WASHINGTON (Reuters) -U.S. private payrolls rose more than expected in July as small businesses boosted hiring, pointing to continued labor market resilience that could shield the economy …
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Coca-Cola bottler CCEP intends to acquire Coke’s Philippines business for $1.8 billion
by Reutersby Reuters(Reuters) – Coca-Cola Europacific Partners said on Wednesday it intends to jointly acquire Coca-Cola Beverages Philippines with Aboitiz Equity Ventures (AEV) for $1.8 billion, in an effort to become the …
- Business News
Garmin beats quarterly estimates on growth in fitness and auto businesses
by Reutersby Reuters(Reuters) – Navigation equipment maker Garmin beat market estimates for second-quarter revenue and profit on Wednesday, thanks to strong growth in its auto and fitness businesses. The company has been …
- Business News
Central Europe’s arms makers scramble for workers as Ukraine boosts business
by Reutersby ReutersBy Michael Kahn, Robert Muller and Karol Badohal PRAGUE/WARSAW (Reuters) – From building apartments for new employees to offering retired workers free canteen meals to share their expertise, Central Europe’s …
- US and World News
Extreme heat cuts into US small business, worker hours in July, report shows
by Reutersby ReutersBy Safiyah Riddle (Reuters) – Record-breaking heat waves across the U.S. forced small businesses to close early in July, according to a report released on Tuesday, and reduced paid working …
- Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Hunter Biden Said Chinese Business Partner Liked Him For ‘Last Name’, ‘Aryan Godlike’ Features, Emails Show
Hunter Biden Said Chinese Business Partner Liked Him For ‘Last Name’, ‘Aryan Godlike’ Features, Emails Show Arjun Singh on August 1, 2023 Hunter Biden, the son of President Joe Biden, …
- Business News
China vows lower business financing costs, support for property sector in H2
by Reutersby ReutersBEIJING (Reuters) – China will lower financing costs for firms, stabilise market expectations and support the property sector in coming months, the central bank said on Tuesday amid a flagging …
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Man Survives Shooting in Neck Outside Bronx Business
by Adam Devineby Adam DevineNEW YORK CITY, NY – The New York City Police Department is seeking the public’s help in identifying the individual responsible for an assault incident that took place on last …