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- BusinessReuters
Australian retailer Woolworths to sell $303 million stake in Endeavour Group
The sale will happen via a block trade at a price of A$5.22 per share, Australia's largest supermarket operator said, adding that it would now own about 4.1% of Endeavour, which it spun out as a separate company in 2021. Woolworths said it would use the proceeds from the selldown to return capital to its investors and would provide an update at its full-year results on Aug. 28. "We no longer believe that a material equity investment in Endeavour Group is required," Woolworths' outgoing CEO Bra
1 min read - BusinessGOBankingRates
5 Cities Hit the Least by Inflation Within the Last Year
Many families in the United States have been feeling the pinch of rising prices for months now. It's hard to get on social media without seeing someone talk about high prices and budgets being pushed...
4 min read - BusinessSimply Wall St.
Southern Cross Gold Ltd's (ASX:SXG) market cap surged AU$98m last week, public companies who have a lot riding on the company were rewarded
Key Insights Significant control over Southern Cross Gold by public companies implies that the general public has more...
4 min read - USAssociated Press Finance
What marijuana reclassification means for the United States
The U.S. Drug Enforcement Administration is moving toward reclassifying marijuana as a less dangerous drug. The Justice Department proposal would recognize the medical uses of cannabis, but wouldn't legalize it for recreational use. The proposal would move marijuana from the “Schedule I” group to the less tightly regulated “Schedule III."
5 min read - PoliticsHuffPost
Hundreds Of Former Obama Staffers Slam White House For Not Doing Enough For Gaza
Alumni of the Obama campaign and White House urged Obama and President Biden to take decisive action to end the suffering in the Palestinian territory.
4 min read - BusinessSimply Wall St.
LPI Capital Bhd First Quarter 2024 Earnings: EPS: RM0.25 (vs RM0.18 in 1Q 2023)
LPI Capital Bhd ( KLSE:LPI ) First Quarter 2024 Results Key Financial Results Revenue: RM466.8m (up 350% from 1Q 2023...
1 min read - USCBS News
Walnuts sold at Whole Foods recalled after E. coli outbreak
Recall involves shelled walnuts distributed in 19 states and sold in bulk bins at natural food and co-op stores.
1 min read