Maryland gaming industry delivers $1.589 billion to state programs in fiscal year 2025
Baltimore, MD – The Maryland Lottery, casinos, sportsbooks, and daily fantasy sports operators contributed a combined $1.589 billion to state programs and services during Fiscal Year 2025, according to new figures released…
Rite Aid Shuts Down Multiple Stores in New York Amid Industry Challenges
NEW YORK – Rite Aid, a prominent player in the pharmacy sector, recently announced the closure of several stores across New York. The move highlights the ongoing challenges within the pharmacy industry…
Rite Aid Closes Stores in New Jersey Amid Pharmacy Industry Challenges
NEW JERSEY – Rite Aid, a well-known pharmacy chain, has announced the closure of several stores across New Jersey, affecting local communities and customers. The impacted locations include Tinton Falls, Haledon, Irvington,…
German government, car industry to strategise on goal of 15 million EVs by 2030
BERLIN (Reuters) – German Chancellor Olaf Scholz will convene car executives with ministerial leaders, energy executives and unions on Monday to discuss how Germany can meet its target of 15 million electric…
Music industry veteran Jimmy Iovine faces sexual abuse allegation
By Dawn Chmielewski (Reuters) – Music industry veteran Jimmy Iovine was sued on Wednesday by an woman who claims she was sexually abused. In a complaint filed in New York state court…
Biden Admin Throws Lifeline To Drowning Offshore Wind Industry
Biden Admin Throws Lifeline To Drowning Offshore Wind Industry Harold Hutchison on November 17, 2023 The Biden administration announced Friday it’s proposing extending a tax credit to boost offshore wind energy projects,…
US, Ukraine announce military industry conference next month
(Reuters) -Ukraine and the United States will hold a military industry conference in Washington on Dec. 6 and 7, Ukrainian and U.S. officials said on Friday. Kyiv is ramping up efforts to…
Hollywood strikes sap economy as industry readies for revamp
By Dawn Chmielewski, Danielle Broadway and Lisa Richwine LOS ANGELES (Reuters) – While Hollywood celebrates the end of strikes by writers and actors, the multibillion-dollar economic toll on everyone from crew members…
Euro zone industry output slips, trade surplus continues in Sept
BRUSSELS (Reuters) – Euro zone industrial production declined broadly in line with expectations in September, wiping out a rise in August as output of consumer goods dropped sharply in the month. The…
Asia airlines brace for cost hit, slow return of Chinese fliers – industry execs
By Chen Lin SINGAPORE (Reuters) – Asia-Pacific airlines face headwinds from rising fuel prices and high inflation, industry executives said on Friday, adding to a downbeat outlook for a segment where travel…
Europe should brace for U.S. Treasury clearing rules, says industry body
By Huw Jones LONDON (Reuters) – Europe has nowhere to hide from U.S. plans to mandate clearing of U.S. Treasuries transactions that will need to be carefully introduced over time, a global…
The Green Energy Industry Just Had An Absolutely Brutal Week
The Green Energy Industry Just Had An Absolutely Brutal Week Nick Pope on November 5, 2023 The past week has been marked by worrying developments for the state of the green energy…
Biden EPA’s Air Quality Rule Proposal Would Crush American Industry And Jobs, Executives Warn
Biden EPA’s Air Quality Rule Proposal Would Crush American Industry And Jobs, Executives Warn Nick Pope on November 1, 2023 A proposed update to the Environmental Protection Agency’s (EPA) air quality standards…
Hedge fund investors pull $80 billion from industry in 2023 – Aurum
By Nell Mackenzie LONDON (Reuters) – The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even as it raked in net profits of about…
New Jersey Congressman Says Orsted Exit Exposes Economically Flawed Wind Energy Industry
NEW JERSEY, NJ – Danish company Ørsted announced today its decision to halt the development of two offshore wind turbine projects, Ocean Wind 1 and 2, located off New Jersey’s coast. The…
Offshore Wind Industry May Need a Federal Bailout to Continue Projects Like the One in New Jersey
WASHINGTON, D.C. – A bailout package for the beleaguered offshore wind industry may be on the horizon, according to energy industry and policy experts. Despite the Biden administration’s subsidies, high inflation, supply…
US-China tensions will slow global chip industry, TSMC founder says
By Krystal Hu NEW YORK (Reuters) -The founder of the world’s biggest chipmaker, Morris Chang, said on Thursday that increasing tensions over technology between the United States and China will slow down…
FY 2023 textile enforcement stats show CBP’s efforts to protect American industry
WASHINGTON – U.S. Customs and Border Protection released fiscal year 2023 textile enforcement statistics today. The data reflects robust enforcement efforts that protect American workers and legitimate importers by taking action against…
Cadence’s downbeat fourth-quarter forecast signals weakness in chip industry
(Reuters) – Cadence Design Systems forecast fourth-quarter revenue and adjusted profit below Wall Street estimates on Monday, as slower R&D spending by semiconductor firms navigating a tough economy weighs on the chip…
Japan auto show returns, as industry faces EV turning point
By Daniel Leussink TOKYO (Reuters) – Tokyo’s auto show is back for the first time in four years and newly rebranded for the electric vehicle era, in a marketing overhaul that may…
New Jersey Highlights the Garden State’s Agritourism Industry
Agritourism. Haven’t heard of it? Well, it’s something that not only exists in New Jersey, but it’s thriving and fall is a great time to explore the many opportunities. The weather is…
Hapag Lloyd expects three tough years for shipping industry -Welt am Sonntag
BERLIN (Reuters) – The head of German shipping firm Hapag Lloyd, Rolf Habben Jansen, expects the next three years to be difficult because demand for shipping services is growing more slowly than…
Coal industry faces 1 million job losses from global energy transition – research
SINGAPORE (Reuters) – The global coal industry may have to shed nearly 1 million jobs by 2050, even without any further pledges to phase out fossil fuels, with China and India facing…
Movie Industry Hoping Taylor Swift Puts People Back in New Jersey’s Movie Theater Seats
LOS ANGELES – Pop star Taylor Swift reinvigorated the New York Jets last week with her appearance at Met Life Stadium to see her boyfriend Travis Kelce. Now movie theaters across the…
New England states join to buy offshore wind power as US industry struggles
(Reuters) – Three U.S. states in New England – Massachusetts, Rhode Island and Connecticut – on Wednesday agreed to jointly procure offshore wind power as soaring interest rates and rising equipment and…
Ukraine lures Western weapons makers to transform defence industry
By Olena Harmash KYIV (Reuters) – President Volodymyr Zelenskiy said on Saturday he wants to turn Ukraine’s defence industry into a “large military hub” by partnering with Western weapons manufacturers to increase…
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