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Tag:

business

  • MIsc. News

    US manufacturing sector eyes recovery in December – ISM

    by Reuters January 3, 2024
    by Reuters January 3, 2024

    WASHINGTON (Reuters) – U.S. manufacturing contracted further in December, though the pace of decline slowed amid a modest rebound in production and improvement in factory employment. The Institute for Supply …

  • MIsc. News

    Bond ETFs draw in record $300 billion in 2023 – BlackRock

    by Reuters January 3, 2024
    by Reuters January 3, 2024

    LONDON (Reuters) – Bond exchange-traded funds (ETFs) gathered an annual record of $300 billion of assets under management in 2023, BlackRock said on Wednesday, as investors were lured in by …

  • MIsc. News

    Investors withdraw $4 billion from hedge funds in November – Nasdaq eVestment

    by Reuters January 3, 2024
    by Reuters January 3, 2024

    By Nell Mackenzie LONDON (Reuters) – Hedge fund withdrawals slowed in November as customer interest rose to the highest in 2023, data firm Nasdaq eVestment said on Wednesday. Investors removed …

  • MIsc. News

    Ackman’s hedge fund Pershing Square gains 26.7% in 2023 – investor update

    by Reuters January 2, 2024
    by Reuters January 2, 2024

    NEW YORK (Reuters) -Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management returned 26.7% last year, beating the broader stock market gains and bouncing back from a loss in …

  • MIsc. News

    UK company bosses turn gloomier about economy – IoD survey

    by Reuters January 2, 2024
    by Reuters January 2, 2024

    LONDON (Reuters) – British business leaders have turned more pessimistic about the outlook for the country’s economy and they are holding back on investment decisions, according to a survey published …

  • MIsc. News

    AllianceBernstein obtains China mutual fund business license

    by Reuters January 2, 2024
    by Reuters January 2, 2024

    HONG KONG (Reuters) – U.S.-based AllianceBernstein Holding LP has obtained a license to run its wholly-owned mutual fund business in China, the company said on Tuesday, making it the latest …

  • MIsc. News

    D.E. Shaw’s biggest hedge fund up about 10% in 2023 – source

    by Reuters January 2, 2024
    by Reuters January 2, 2024

    By Nell Mackenzie LONDON (Reuters) – D.E. Shaw’s largest hedge fund posted a nearly 10% return in 2023 after fees, after a mixed performance across multi strategy and macroeconomic hedge …

  • MIsc. News

    UK shop price inflation holds at lowest since June 2022 – BRC

    by Reuters January 2, 2024
    by Reuters January 2, 2024

    LONDON (Reuters) – Prices charged by British store chains rose at the joint slowest pace in a year and a half in December, an industry group said on Tuesday. The …

  • MIsc. News

    China’s state-owned developers dominate sales, land markets in 2023 – surveys

    by Reuters January 2, 2024
    by Reuters January 2, 2024

    HONG KONG (Reuters) – China’s property market continued to consolidate in 2023 with state-affiliated firms dominating the home sales and land acquisition market, private surveys showed, as more private firms …

  • MIsc. News

    Armed drone shot down over air base housing U.S. forces in northern Iraq – sources

    by Reuters January 2, 2024
    by Reuters January 2, 2024

    BAGHDAD (Reuters) – An armed drone was shot down on Tuesday over Erbil airport in northern Iraq, where U.S. and other international forces are stationed, two security sources said. The …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Big Business Took A Beating From Conservatives Over Woke Marketing In 2023, But Did It Change Anything?

    by The Daily Caller January 2, 2024
    by The Daily Caller January 2, 2024

    Big Business Took A Beating From Conservatives Over Woke Marketing In 2023, But Did It Change Anything? Will Kessler on January 1, 2024 Companies like Anheuser-Busch, Target and Disney faced …

  • MIsc. News

    China factory activity growth accelerates in Dec – Caixin PMI

    by Reuters January 1, 2024
    by Reuters January 1, 2024

    BEIJING (Reuters) – China’s factory activity expanded at a quicker pace in December due to stronger gains in output and new orders, but business confidence for 2024 remained subdued, a …

  • MIsc. News

    Pakistan December CPI up 29.7% y/y – statistics bureau

    by Reuters January 1, 2024
    by Reuters January 1, 2024

    KARACHI, Pakistan (Reuters) -Pakistan’s consumer price index (CPI) for December rose 29.7% from a year before, data from the Pakistan Bureau of Statistics showed on Monday. The country of 241 …

  • MIsc. News

    DoorDash plots expansion outside core restaurant business in US – FT

    by Reuters January 1, 2024
    by Reuters January 1, 2024

    (Reuters) – DoorDash is looking to diversify beyond its core business of delivering restaurant meals to home diners, as the U.S. group seeks ways to invest a growing cash pile, …

  • Breaking News

    New Jersey Pioneering Craft Brewing Business Files for Bankruptcy

    by Kristen Harrison-Oneal December 31, 2023
    by Kristen Harrison-Oneal December 31, 2023

    SOMERDALE, NJ – Flying Fish Brewery Company, one of New Jersey’s pioneering craft breweries, has filed for Chapter 11 bankruptcy protection amid substantial financial challenges. The Somerdale-based brewery reported liabilities …

  • MIsc. News

    Over 1,000 Burundian soldiers covertly deploy in eastern Congo – internal UN report

    by Reuters December 30, 2023
    by Reuters December 30, 2023

    By Sonia Rolley (Reuters) – Over 1,000 Burundian troops have been covertly deployed in eastern Democratic Republic of Congo since October, wearing the uniform of Congolese troops and working alongside …

  • MIsc. News

    Russian economy shrank by 1.2% in 2022, less than previously thought – stats service

    by Reuters December 29, 2023
    by Reuters December 29, 2023

    MOSCOW (Reuters) – Russia’s economy contracted by 1.2% last year, less than the 2.1% decline previously estimated, the state statistics service Rosstat said on Friday. Western countries imposed sweeping economic …

  • Breaking News

    65-Year-Old Jewelry Store Worker Robbed in Queens

    by Adam Devine December 29, 2023
    by Adam Devine December 29, 2023

    QUEENS, NY – A 65-year-old female employee was the victim of a jewelry theft on Tuesday, December 26, at a commercial establishment on 154 Street in Queens. Police reported that …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    ‘Future Democrats Of America’: Fox Business Guest Says Dems Using Border Crisis To ‘Import Their Future Margin Of Victory’

    by Op-ed Contributor December 29, 2023
    by Op-ed Contributor December 29, 2023

    ‘Future Democrats Of America’: Fox Business Guest Says Dems Using Border Crisis To ‘Import Their Future Margin Of Victory’ Harold Hutchison on December 28, 2023 A Fox Business guest on …

  • MIsc. News

    G7 leaders to discuss legal theory on seizing Russian assets – sources

    by Reuters December 28, 2023
    by Reuters December 28, 2023

    By Andrea Shalal CHRISTIANSTED, St. Croix (Reuters) -G7 leaders will discuss a new legal theory that would enable the seizure of $300 billion in frozen Russian assets when they meet …

  • Breaking News

    Northeast D.C. Business Hit by Burglar

    by Local News Report December 28, 2023
    by Local News Report December 28, 2023

    WASHINGTON, D.C. – The Seventh District of the D.C. Metro Police Department is requesting the public’s help identifying a suspect in a recent burglary. The incident occurred in the early …

  • MIsc. News

    US banks’ NIM to remain under pressure despite expected Fed rate cuts – S&P

    by Reuters December 27, 2023
    by Reuters December 27, 2023

    (Reuters) – U.S. banks whose net interest margins (NIM) have been compressed due to higher funding costs are unlikely to see relief before the end of 2024 even if the …

  • MIsc. News

    Apple’s iPhone design head to work with Jony Ive at LoveFrom – Bloomberg News

    by Reuters December 26, 2023
    by Reuters December 26, 2023

    (Reuters) – Apple executive Tang Tan, who led design for the iPhone and Apple Watch, is set to join LoveFrom, Bloomberg News reported on Tuesday citing people familiar with the …

  • MIsc. News

    Anthropic forecasts more than $850 million in annualized revenue rate by 2024-end – report

    by Reuters December 26, 2023
    by Reuters December 26, 2023

    (Reuters) – Artificial intelligence startup Anthropic has projected it will generate more than $850 million in annualized revenue by the end of 2024, the Information reported on Tuesday, citing two …

  • MIsc. News

    Brazil to launch program to boost industrial machinery renewal – minister

    by Reuters December 26, 2023
    by Reuters December 26, 2023

    BRASILIA (Reuters) – Brazil will launch a program this week to encourage companies to update their machinery and acquire more modern equipment to increase productivity, Finance Minister Fernando Haddad said …

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