Initial jobless claims, a proxy for layoffs, rose by 3,000 to a seasonally adjusted 270,000 in the week ended August 1, the Labor Department said Thursday.
The three-day event is popular among South Carolina consumers because it provides a tax break as they make necessary purchases for school or college. The Tax Free Weekend also qualifies Hurricane and Emergency Preparedness Items, since hurricane season (June 1 – November....
ANZ Chief financial officer Shayne Elliott said that given the current market conditions, APRA’s timetable and the amount of capital to be raised, the bank believed a share placement provided more certainty for shareholders than other methods such as consecutive...
Santander beat competition from Wall Street firms including JPMorgan Chase & Co. and Morgan Stanley, said people familiar with the talks, and will work alongside UBS Group AG and Bank of America Corp.
NASA has been upset with Congress cutting its funds by over $300 million that has forced the US space agency to renew contract with Russian Federation to send its astronauts to the global Space Station (ISS).
So far, companies like exercise-tracking device maker Fitbit and golf, country and sports club firm ClubCorp are doing well in the stock market, said Pamela Kufahl, director of content and engagement at Club Industry, a fitness industry publication.
The Kold machine so far has proved costly for Keurig, with chief executive Brian Kelley telling analysts on a conference call on Tuesday that the company will invest more than $100 million in its development this fiscal year. The disclosure for this purchase can be found here.
Activist investor Bill Ackman is paying approximately $5.5 billion for a 7.5 percent stake in Mondelez global Inc. “However, the position was worth some $5.5 billion at Wednesday’s closing price in New York, and Ackman is likely already sitting on a sizable profit on...
The central bank on Tuesday kept the repo rate, or the rate at which it lends money to commercial banks, unchanged at 7.25%, and the cash reserve ratio, or the amount of funds that the banks have to keep with the Reserve Bank of India (RBI), at 4%.
Model X and Model 3Tesla said in its second-quarter letter to shareholders that its upcoming fully electric SUV, Model X, “remains on track for start of deliveries in late Q3″. Therefore, “in a choice between a great product or hitting quarterly numbers, we will...
However, output in manufacturing increased 0.2 percent in June, as expected by economists in a Reuters poll, partially recovering from a 0.6 percent drop in May.