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Giant Eagle sells winning lottery ticket worth $100K
Willoughby, OH – A Rolling Cash 5 ticket sold in Willoughby hit the $100,000 jackpot in Thursday night’s drawing. The winning ticket, purchased at Giant Eagle on Euclid Avenue, matched all five…
Crypto giant Tether to launch sterling-pegged stablecoin
By Elizabeth Howcroft and Tom Wilson LONDON – Major crypto firm Tether said on Wednesday it will launch next month a “stablecoin” pegged to the British pound, a move that comes as…
China’s New Oriental education giant finds new life in English live streaming
BEIJING – Shares in China’s New Oriental climbed for a fourth straight day on Wednesday, with analysts saying its new live-streaming sales strategy could help it recover from a regulatory crackdown that…
Japan game giant Nexon plots western expansion
By Sam Nussey and Dawn Chmielewski TOKYO/LOS ANGELES – The Japanese creator of one of the longest-running online role-playing titles, whose most popular video game has attracted nearly a billion registered users,…
Mongolia urges transparency as Rio Tinto seeks control of giant Oyu Tolgoi project
By Clara Denina and Praveen Menon LONDON/SYDNEY – A top official at the giant Oyu Tolgoi copper-gold mining project in Mongolia has called for greater transparency and more power to the local…
Shipping giant CMA CGM sees uncertain outlook as earnings surge again
PARIS – CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated shipping market. French-based CMA CGM, one of…
How Broadcom CEO Tan shaped a tech giant through acquisitions
By Krystal Hu and Jane Lanhee Lee (Reuters) – Once a poor “skinny kid” from Malaysia, Hock Tan was going head-to-head with a legendary U.S. technology mogul for a transformative acquisition. Tan…
Leasing giant AerCap says Boeing will ‘bounce back’
DUBLIN -The head of the world’s largest aircraft leasing company threw his weight behind Boeing on Monday and said the jetmaker would overcome a spate of industrial and certification problems. “I think…
Your phone number on Google? Search giant now takes removal demands
By Paresh Dave OAKLAND, Calif. – Alphabet Inc’s Google has begun entertaining people’s requests to remove search results containing their home addresses, phone numbers and email accounts, the latest shift in its…
Fed’s Mester wants ‘methodical’ rate hikes, not giant ones
(Reuters) – Cleveland Federal Reserve Bank President Loretta Mester on Friday pushed back against market expectations that the Fed will use outsized hikes to help bring down inflation, saying she prefers a…
Airly® Foods and The GIANT Company Team Up to Better the Planet and Communities by Supporting Caring for Friends
Airly Foods donated more than 13,000 packs of its Airly® Oat Clouds™ Snack Crackers to Caring for Friends – enough to provide a three-month supply to Philadelphia community members suffering from hunger.…
Special Report-How crypto giant Binance built ties to a Russian FSB-linked agency
By Angus Berwick and Tom Wilson VILNIUS – In April 2021, Russia’s financial intelligence unit met in Moscow with the regional head of Binance, the world’s largest crypto exchange. The Russians wanted…
Big Tech Giant That Lobbied Against Slave Labor Ban Commits To A ‘Racial Equity’ Audit
Big Tech Giant That Lobbied Against Slave Labor Ban Commits To A ‘Racial Equity’ Audit Harry Wilmerding on April 21, 2022 Apple confirmed Wednesday that it will conduct a racial equity audit…
Man Finds Giant 7 Foot Snake Under Couch Cushion
CHULA VISTA, CA – A California snake removal expert was called by a customer who said there was a snake under his couch cushion. When Alex Trejo, owner of So-Cal Rattlesnake Removal…
Chinese pork giant WH Group’s 2021 profit lifted by higher US, European sales
BEIJING – Chinese pork processing giant WH Group Ltd on Monday reported a 7.2% rise in annual profit to $1.043 billion driven by higher sales in the United States and Europe. Revenue…
Fidelity’s Edward C ‘Ned’ Johnson 3d, who built fund giant, dies at 91
By Ross Kerber BOSTON -Edward C. “Ned” Johnson 3d, an American billionaire investor and philanthropist who as chairman of Fidelity Investments propelled the family business to a dominant place in finance for…
Food giant Cargill to buy $290 million stake in Chile salmon farmer
SANTIAGO – U.S.-based commodities trader Cargill Inc has agreed to acquire a 24.5% stake in the salmon farming subsidiary of Chile’s Multiexport Foods for some $290 million, it said on Friday. Chile…
Another Fast Food Giant Says Its Canceling Russia
Another Fast Food Giant Says Its Canceling Russia Harold Hutchison on March 10, 2022 Fast food chain Burger King decided to take action against Russia on Thursday following the Russian invasion of…
Consumer goods giant Unilever to suspend its Russian imports, exports
-Unilever on Tuesday became the first major European food company to stop imports and exports out of Russia after the country’s invasion of Ukraine. Earlier in the day, Shell said it would…
Ex-Goldman Sachs banker calls on Wall Street giant to exit Russia
By Kirstin Ridley and Sinead Cruise LONDON – A one-time Goldman Sachs banker has written an open letter to David Solomon calling on the Wall Street investment bank’s chief executive to exit…
Chile copper giant Codelco profits surge on higher metals prices
By Fabian Cambero and Anthony Esposito SANTIAGO – Pre-tax profits for the world’s largest copper producer Codelco surged to $7.4 billion in 2021 from $2.1 billion a year earlier, boosted by high…
Shipping Giant Expeditors Forced To Shut Down Operations After Cyber Attack
Shipping Giant Expeditors Forced To Shut Down Operations After Cyber Attack Ailan Evans on February 23, 2022 Shipping and logistics giant Expeditors was hit by a cyber attack over the weekend, forcing…
‘Contrarian’ quant giant Dimensional focuses on U.S. curve short end, corporate debt
By Davide Barbuscia NEW YORK – Dimensional Fund Advisors, a pioneer of quantitative investment with $680 billion in assets under management, has increased exposure to the short end of the U.S. Treasury…
S.Africa building giant WBHO quits Australia, blames ‘hardline’ COVID response
By Byron Kaye SYDNEY – South Africa’s biggest construction firm Wilson Bayly Holmes – Ovcon Ltd (WBHO) said it is pulling out of Australia, saying the country’s “hardline” COVID-19 response had impacted…
Potential investors in India LIC’s giant IPO fret over govt control of insurer -sources
By Nupur Anand, Aftab Ahmed and Scott Murdoch MUMBAI – Prospective investors in Life Insurance Corp of India’s (LIC) $8 billion IPO are seeking assurances from company management that it will not…
Wall Street Giant Swallows Up 12,000 More Apartments For $5.8 Billion
Blackstone Inc. bought out Preferred Apartment Communities and the 12,000 apartments it owned in the Southeast for $5.8 billion, according to The Wall Street Journal. Blackstone is one the world’s largest commercial…
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