Business
- BusinessBusiness Insider
3 reasons why buying copper right now is the best trade one commodity expert has ever seen
Jeff Currie said copper could gain over 45% in the next few years: "It is the most compelling trade I have ever seen."
3 min read - BusinessBloomberg
Norinchukin Weighs $7.7 Billion Fundraise to Cover Bond Loss
(Bloomberg) -- Norinchukin Bank is considering raising 1.2 trillion yen ($7.7 billion) to boost capital and cover losses arising from a plan to get rid of low-yielding foreign bonds, a person familiar the matter said.Most Read from BloombergIran’s President Missing After Helicopter Crash in Dense FogEven If Alito Is Right, the Upside-Down Flag Was WrongSpeedier Wall Street Trades Are Putting Global Finance On EdgeGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanChina-Bound Oil Tanker
2 min read - BusinessAFP
Mexico aims to be big economic winner from US-China tensions
Sparks fly as a laser slices through metal in a factory in Mexico, which is preparing for a wave of foreign investment thanks to heightened tensions between the United States and China.Foreign direct investment in Mexico hit a record high of more than $36 billion in 2023, 38 percent of which came from the United States, according to the economy ministry.
4 min read - BusinessBloomberg
Oil Steadies After Weekly Advance as Geopolitical Risks Flare
(Bloomberg) -- Oil steadied after a weekly gain as geopolitical risks in Russia and the Middle East came back into focus following attacks over the weekend.Most Read from BloombergIran’s President Missing After Helicopter Crash in Dense FogEven If Alito Is Right, the Upside-Down Flag Was WrongSpeedier Wall Street Trades Are Putting Global Finance On EdgeGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanChina-Bound Oil Tanker Hit by Houthi Missile in Red Sea, US SaysBrent futures traded
2 min read - BusinessBloomberg
Gold Hits Fresh Record as Fed Rate-Cut Optimism Fuels Demand
(Bloomberg) -- Gold notched a fresh all-time high, as investor demand soared across the broader metals complex amid increasing optimism the US will cut rates this year.Most Read from BloombergIran’s President Missing After Helicopter Crash in Dense FogEven If Alito Is Right, the Upside-Down Flag Was WrongSpeedier Wall Street Trades Are Putting Global Finance On EdgeGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanChina-Bound Oil Tanker Hit by Houthi Missile in Red Sea, US SaysBullion
2 min read - BusinessBloomberg
Bain Capital to Boost Japan Real Estate Team as Prospects Grow
(Bloomberg) -- Bain Capital plans to bolster its real estate team in Japan, the latest global investment firm seeking to capitalize on opportunities in the nation’s property market. Most Read from BloombergIran’s President Missing After Helicopter Crash in Dense FogEven If Alito Is Right, the Upside-Down Flag Was WrongSpeedier Wall Street Trades Are Putting Global Finance On EdgeGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanChina-Bound Oil Tanker Hit by Houthi Missile in Red Sea, U
2 min read - BusinessReuters
Australia's Star Entertainment surges on deal offer from Hard Rock consortium
Shares of Star Entertainment surged as much as 22.2% to top the benchmark ASX 200 index, which was up 0.5%, as of 0141 GMT. "At this stage, none of the approaches has resulted in substantive discussions," Star said in a statement, adding that the proposals so far have been confidential, unsolicited, and non-binding. Star clarified that the consortium includes Hard Rock Hotels & Resorts (Pacific), and it has not received a proposal directly from Hard Rock Hotels and Casinos.
2 min read - BusinessBBC
Water investors have withdrawn billions, says research
A report suggests shareholders have taken billons but failed to invest as water bills look set to rise.
4 min read - BusinessBloomberg
StanChart’s Korea Troubles Deepen After Exotic Notes Backfire
(Bloomberg) -- Standard Chartered Plc stuck it out in South Korea’s hotly contested consumer banking market while its global rivals threw in the towel one by one. It’s now paying the price.Most Read from BloombergIran’s President Missing After Helicopter Crash in Dense FogEven If Alito Is Right, the Upside-Down Flag Was WrongSpeedier Wall Street Trades Are Putting Global Finance On EdgeGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanChina-Bound Oil Tanker Hit by Houthi Missile in Red
6 min read - BusinessTasting Table
Restaurant Tech Company Makes Its Drive-Thru AI More Independent
The future is now, especially where automated drive-thrus are concerned. Now, a company that specializes in this tech is making its AI more independent.
3 min read - BusinessBloomberg
Speedier Wall Street Trades Are Putting Global Finance On Edge
(Bloomberg) -- When US markets reopen next Tuesday after the long weekend, everything will likely seem normal. It’s only after the close and in the following days that any cracks are expected to appear.Most Read from BloombergIran’s President Missing After Helicopter Crash in Dense FogEven If Alito Is Right, the Upside-Down Flag Was WrongSpeedier Wall Street Trades Are Putting Global Finance On EdgeGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanChina-Bound Oil Tanker Hit by Houthi M
11 min read - BusinessBloomberg
Five Key Charts to Watch in Global Commodity Markets This Week
(Bloomberg) -- From silver and gold to natural gas and orange juice, commodities are on a tear — with a gauge of major raw materials showing a steady march upwards. Meanwhile, copper markets are in upheaval following a short squeeze in New York. And Middle East conflicts continue to disrupt the flows of liquefied natural gas while driving up shipping costs.Most Read from BloombergIran’s President Missing After Helicopter Crash in Dense FogEven If Alito Is Right, the Upside-Down Flag Was WrongSpe
3 min read - BusinessFortune
‘Copper is the new oil,’ and prices could soar 50% as AI, green energy, and military spending boost demand, top commodities analyst says
"But I go back to the 2000s, I was bullish on oil then as I am on copper today."
2 min read - USThe Daily Beast
Mom Says American Airlines ‘Lost’ Evidence in Son’s In-Flight Death
Jakub Porzycki/Getty ImagesA Bronx mother is suing American Airlines for the wrongful death of her 14-year-old son, which she claims the airline failed to prevent. She also says the airline “lost” crucial evidence in the case.Melissa Arzu claims American Airlines broke Federal Aviation Administration policy by flying with a faulty defibrillator on board, failing to properly train flight attendants to use the machine, and then failing to provide the device when her lawyer attempted to obtain it,
3 min read - BusinessMotley Fool
A Once-in-a-Generation Investment Opportunity: Here's 1 Artificial Intelligence (AI) Stock to Buy in May and Hold Forever
Microsoft has entered a new phase of growth, ignited by aggressive AI investments.
4 min read - BusinessYahoo Finance
The big questions JPMorgan investors have for Jamie Dimon
Attendees at JPMorgan's annual investor day Monday will be listening for answers to some key questions. A top concern is how much longer Jamie Dimon plans to run the largest US bank.
6 min read - BusinessThe Pueblo Chieftain
Let's Talk Business in Pueblo: Real estate market remains slow, resource fair and more
Here's what's new on the Pueblo business beat this week, including another slow month for the local residential real estate market.
3 min read - USKOIN
Former Oregon House Speaker Dan Rayfield on campaign for Attorney General
Dan Rayfield stepped down as speaker of the Oregon house to step into the race to become Oregon's top lawyer. He's looking to replace current Attorney General Ellen Rosenblum who is not running for another term.
1 min read - BusinessFortune
Microsoft, Meta, Amazon, and other tech giants are cutting back on headcount—but their spending on hardware and real estate keeps soaring
Big Tech spending on "capital expenditures" is soaring.
1 min read - USUSA TODAY
Power still out in much of Houston as heat rises; Kansas faces high wind risk
More than 349,000 customers were without electricity in Houston as the heat index rises. Kansas and Florida also face a severe weather risk.
5 min read - BusinessThe New York Times
Renting Forever and Trying to Create a Strong Financial Future
Moving back and forth from Tennessee to Alaska, Michael Rogers and his wife Christy have twice been stuck simultaneously paying a mortgage and rent. Once, in 2006, the situation dragged on for eight months, finally ending when they sold their house in Tennessee for $20,000 below what they’d paid for it. Other adventures in homeownership ended well — the couple doubled their money after selling a fixer-upper. Then later, with another property, they had to pay out $30,000 to fix a mudslide around
9 min read - BusinessBloomberg
Bitcoin Developers Are Touting ‘Programmability’ as the Catalyst for the Next Rally
(Bloomberg) -- After the long-anticipated launch of US Bitcoin exchange-traded funds in January, and the once-every-four-years software update called the “halving” last month, the big question on a lot of crypto investors’ minds has been, what will power the largest cryptocurrency’s next rally?Most Read from BloombergIran’s President Missing After Helicopter Crash in Dense FogEven If Alito Is Right, the Upside-Down Flag Was WrongSpeedier Wall Street Trades Are Putting Global Finance On EdgeGantz
4 min read - BusinessMotley Fool
Where Will British American Tobacco Stock Be in 5 Years?
British American Tobacco is working hard to move away from its legacy offerings to newer products; investors should hold management to the target.
4 min read - CelebrityAFP
Breaking men-only musical lore, Jobarteh puts African kora on wider stage
For Sona Jobarteh, Africa's first woman to play the sacred kora professionally, breaking with tradition has not been easy.But for Jobarteh the problem is "not just about being a woman, it's also about the challenges of coming from a griots family or not."
3 min read - BusinessMotley Fool
3 Reasons to Buy Apple Stock Like There's No Tomorrow
The iPhone maker is home to a lucrative services business worth investing in.
5 min read - BusinessNY Post
I’m a career coach — here’s five ways women can get a pay raise
"By giving women this information they are totally empowered, they know what to do and they will get it done," the coach said.
5 min read - OpinionThe Star Press
The end of noncompete clauses should bring better wages for employees
Ending noncompete clauses should boost the prospects of good companies, and direct human capital and physical capital to more productive businesses
4 min read - BusinessReuters
US regulators reconsider capital hike for big banks, WSJ reports
Required increases in capital for banks like JPMorgan and Goldman Sachs meant to ensure they have sufficient buffers to absorb potential losses — would on average be about half as much as originally floated, the Journal added. Top officials from all three agencies involved in the pending capital rules — the Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — are still discussing substantive and technical revisions and there is no guaran
2 min read - LifestyleNY Post
The unlicensed weed shop I worked for was shut down — can I get unemployment?
I worked for a cannabis shop that apparently was not licensed. It was promptly shut down without any notice, and my employer owes me for two weeks of pay. What can I do? Can I collect unemployment?
2 min read - BusinessMotley Fool
5 Reasons Why Small Businesses Are Embracing 'Shrinkflation'
Shrinkflation is a popular strategy for small businesses to manage inflation without raising prices. See why small business owners are using shrinkflation.
5 min read - USNY Post
You’ll never worry about AI stealing your job working in these trades
While some jobs, like those held by accountants, customer service pros, financial underwriters and paralegals, may be sharply and negatively affected by AI, “the demand for workers in the skilled trades will be less disturbed” said Stahle.
5 min read - LifestyleMotley Fool
The One Kirkland Item I'll Never Buy Again
Costco has built its reputation on the strength of its Kirkland brand. Learn how product changes have made one item hard to use.
5 min read - BusinessYahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
6 min read - BusinessMotley Fool
Alphabet Goes All In on Artificial Intelligence (AI). Is It Time to Go All In on the Stock?
AI-powered search could be a huge opportunity for the company
5 min read - BusinessBusiness Insider
An African kingdom famed for its bustling souks and immense desert dunes is revving up to build electric vehicles
According to data company CEIC, Morocco produced 535,825 motor vehicles in 2023, up from 464,864 in 2022.
3 min read - USThe Oklahoman
Nuisance apartments in Edmond change hands for $2.65 million
While apartments declared a nuisance earlier this year by Edmond's City Council have a new owner, litigation will continue until its issues are resolved.
2 min read - BusinessFox Business
Finance expert sounds alarm over 'spaving' trend: An old 'trap' with a new name hitting your wallet
Kuderna Financial Team founder and "What Should I Do with My Money?" author Bryan Kuderna shares advice to consumers on how to avoid falling for the 'spaving' trap.
3 min read - BusinessFreightWaves
Borderlands Mexico: Nearshoring to continue boosting cross-border trucking in 2024
This week in Borderlands: Nearshoring to continue boosting US-Mexico trucking in 2024; Careismatic Brands to close Dallas distribution hub, lay off 404 employees; ITS Logistics to open office in Fort Worth; and Aztema begins construction of $240M tire plant in Mexico. The post Borderlands Mexico: Nearshoring to continue boosting cross-border trucking in 2024 appeared first on FreightWaves.
7 min read - WorldFortune
Why can’t America have high speed rail? Because our investment is a ‘rounding error’ compared with Europe’s, says Amtrak’s CEO
Even with billions in infrastructure funding, America’s rail investment is just a tenth of what some countries spend per capita.
8 min read - BusinessBusiness Insider
Viral TikToks helped Hyundai and Kia dominate the list of America's most stolen cars
Hyundai and Kia models take six of the top 10 spots on the NICB's 2023 list of America's commonly most stolen cars.
2 min read - BusinessDetroit Free Press
Nominations deadline extended for 2024 Michigan Top Workplaces
So far, more than 300 employers have signed up to participate through an employee survey.
1 min read - BusinessPalm Beach Daily News
Top Palm Beach County professionals, businesspeople on the move for week of May 19, 2024
Top Palm Beach County business professionals moving up within their industry or standing out in their community.
3 min read - BusinessMotley Fool
Surprise: Artificial Intelligence (AI) Might Already Be Used to Allocate Your Retirement Savings
Investors using generalized, all-purpose AI platforms for retirement planning help may not even realize these tools' shortcomings.
7 min read - LifestyleThe Register-Guard
Harvest Hosts provide RV campers nationwide with overnight parking and local experiences
May is Small Business Month and Oregon Wine Month. Harvest Hosts' network of small businesses drives traffic to their ventures and provides RV campers safe stays.
6 min read - BusinessPanama City News Herald
Franchise Altitude in Bay County, offers budding entrepreneurs equity and guidance
Franchise Altitude offers "founders, franchise brands, and companies by providing growth equity capital" and guidance.
1 min read - USAmarillo Globe-News
StrikeNet, BoomTown among this week's business briefs
A weather app, sports complex and various honors make this week's news from the business community.
8 min read - USMansfield News Journal
Madison Local Schools gets 5-star rating for career tech program on state report card
Madison Local Schools offers 11 programs in its career tech program, which achieved a five-star rating on the school report card.
5 min read - BusinessMotley Fool
1 "Magnificent Seven" Stock Could Soar 1,027% or Plunge 87%, According to Select Wall Street Analysts. Who's Right?
This tech giant's future stock price could depend on whether investors classify it as an auto company or an artificial intelligence company.
6 min read - USNaples Daily News
Where in SW FL is highest housing inventory surge? How much higher than everywhere else?
Redfin study finds highest real estate inventory surge in nation by far is in Southwest Florida. What's it mean for buyers and sellers? What to know.
3 min read - USWorcester Telegram & Gazette
Central Mass. by the Numbers
A look at Central Mass. business news over the past week.
3 min read