Show Business and Finance Publications

• Wed, December 11, 2024

by: USA Today

'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all-time high

Elon Musk and social media users are reacting after Tesla stock reached $420, years after the CEO's "funding secured" tweet that landed him in controversy.

by: Investopedia

Revealed: The Key Characteristics of Costco's Average Customer

Explore the demographics, shopping habits, and motivations behind the average Costco customer. Learn what keeps over 120 million shoppers loyal to the retailer, from its membership model to the appeal of bulk buying and unbeatable deals.

by: Newsweek

America Sees Rise in People Quitting Their Jobs

The United States saw an uptick in people quitting their jobs from September to October, according to new data from the U.S. Bureau of Labor Statistics.

by: CNN

Albertsons calls off merger and sues Kroger

Grocery chain Albertsons called off its $25 billion blockbuster merger with Kroger Wednesday after a federal judge halted the deal.

by: Business Standard

HSBC, WB's IFC launch $1 bn trade finance programme for emerging markets

HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1 billion, in a move to help fill a gap in financing for emerging market trade.

by: The Financial Express

Shriram Finance completes sale of housing finance arm

Shriram Finance on Wednesday announced the completion of the sale of its entire stake of 84.44% in its housing finance subsidiary, Shriram Housing Finance (SFHL), to Warburg Pincus, a leading global growth investor firm, for a consideration of Rs 3,929 crore, the company said.

by: The New York Times

Macy's Details Multimillion-Dollar Accounting Error in Downbeat Report

Macy's, the largest department store chain in the United States, is in the midst of its latest turnaround plan, overseen by its chief executive, Tony Spring, a Bloomingdale's veteran who took the reins in February. Shoppers are being more choosy about their spending, and Macy's has struggled to attract these more discerning consumers.

by: Gulf Times

QDB launches its new strategy for 2025-2030

Abdulrahman bin Hesham al-Sowaidi revealed that the QDB launched its new strategy for 2025-2030, which is in line with the objectives of

by: Business Wire

Interactive Brokers Launches AI-Powered News Summaries for Smarter, Faster Investment Decisions

Interactive Brokers (Nasdaq: IBKR) announced the introduction of AI-generated news summaries to its News & Research offering.

by: abp LIVE

Capricorn Horoscope Tomorrow (Dec 12): Focus On Stability And Balance In Career, Health, And Relationships

Focus on creating balance in every area of your life. Take time to relax and recharge through yoga or meditation, helping you attain mental peace and clarity for a more fulfilling day.

by: Forbes

Northvolt's Collapse: Lessons For The U.S. Green Transition

Explore lessons from Northvolt's bankruptcy on green tech challenges in Europe and the U.S., focusing on policy gaps, supply chain resilience, and strategies for clean energy success.

by: KOAM News Now

MO groups issues challenge for recently passed Proposition A

Starting Jan. 1st minimum wage in Missouri is set to increase to $13.75 an hour - and in two years get up to $15. But some Missouri business groups have now filed a legal challenge to the newly passed proposition.

by: Trinidad Express Newspapers

UWIDEF provides $1.15m in sholarships and bursaries

EVEN in tough economic times, the power of collective action remains unstoppable, chairman of The University of the West Indies Development and Endowment Fund (UWIDEF), Dr Sterling Frost believes.As e

by: Albuquerque Journal

Higher education leaders grilled on funding, return on investment by lawmakers

As higher education leaders went to the Roundhouse on Wednesday to ask lawmakers for more than $1 billion in funding for the coming fiscal year, the panel

by: The State

'Questionable' transactions and bowl games. USC office misspent $1.7M in public funds, audit says

The state's Legislative Audit Council found that USC's Office of Economic Engagement misspent federal grant money, paid for trips to sporting events and was consistently over budget for years.

by: IndieWire

How United Airlines Provides Seamless Travel Experiences for Film and TV Productions

United for Business provides custom travel programs for film and TV crews with prepaid baggage discounts, VIP airport service, 24/7 support, and more.

by: Charlotte Observer

TruBit and Bridge Unite to Transform Stablecoin-Driven Cross-Border Payments Between the U.S. and LATAM

TruBit, Latin America's leading crypto payment platform, is thrilled to announce a strategic partnership with Bridge, a global money movement platform built on stablecoins. This collaboration marks a significant milestone in

by: The Goshen News

Biz Town gives real-life experience

Around 120 students in Goshen's sixth-grade class as well as high ability students attended the Junior Achievement's Biz Town simulation at the Ethos Science Center on Wednesday. "Every job has a set of responsibilities and tasks that they have to complete throughout the day,

by: Reuters

Wells Fargo CEO expresses more confidence in regulatory fixes

Wells Fargo CEO Charlie Scharf expressed more confidence on Wednesday in the bank's progress to fix compliance problems after its years-long fake accounts scandal, detailing its efforts to implement risk controls.

by: MSN

Japan's Nissan reshuffles management to fix its money-losing business

Embattled Japanese automaker Nissan has tapped Jeremie Papin, who was overseeing its U.S. operations, as its chief operating officer in a major management reshuffle billed as key to a turnaround. The move as announced in the United States on Thursday.

by: Channel NewsAsia Singapore

HSBC, World Bank's IFC launch US$1 billion trade finance programme for emerging markets

HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to US$1 billion, in a move to help fill a gap in financing for emerging market trade.

by: Seeking Alpha

Sun Hung Kai Properties: A Solid Bet On Recovery In Hong Kong And China

Sun Hung Kai Properties (SUHJY) is a solid investment with strong financials, proactive management, and potential for growth in Hong Kong and China. See more.

by: Wall Street Journal

Macy's Probe Found Employee Acted Alone in $151 Million Accounting Scandal

Macy's has completed its investigation into accounting problems and found that a single employee's mistake and coverup created $151 million in false bookkeeping entries.

by: U.S. News & World Report

Inflation Remains a Stubborn Problem as Prices Continue to Rise

"The election results signal a major shift in economic policy, leading to a surge in optimism among small business owners," said NFIB Chief Economist Bill Dunkelberg. "Main Street also became more certain about future business conditions following the election, breaking a nearly three-year streak of record high uncertainty."

by: businessday

FG's expanded digital tax net targets N230bn haul in 2025

The federal government's expanded digital tax net is projected to generate N230 billion in revenue by 2025, marking a 31.35

by: Associated Press

Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year

President-elect Donald Trump is expected to ring the opening bell at the New York Stock Exchange for the first time and be named Time magazine's Person of the Year.

by: Mint

Tata Trusts continues to oppose transfer of Tata Sons shares owned by SP Group

The chief executive of Tata Trusts told Mint in an email response to a questionnaire sent on Tuesday that Tata Sons' shares cannot be used as collateral for fresh loans by the SP Group.

by: The Hindu

Startup Success Secrets: Explore the Top Benefits of Current Accounts!

Fuel your startup's success with the right current account - streamline transactions, manage cash flow, and boost credibility effectively.

by: AOL

'A minefield of its own making': New investigation of USAA reveals 'fundamental breakdown' with repeat compliance issues as profits vanish

Overall, it appears USAA did not make sufficient investments in safeguards as it grew to keep in good graces with their longstanding customers and with regulators. It has also been struggling to turn a profit in recent years, reporting a pretax loss of $398 million in 2023.

by: The Royal Gazette

Fortitude Re's operating subsidiaries achieve Moody's A3 rating

Fortitude Reinsurance Company Ltd has announced that Moody's Ratings has assigned A3 Insurance Financial Strength Ratings to Fortitude Re's three main operating companies: Fortitude Reinsurance Co

by: Seeking Alpha

PDD Holdings: Great Business, Big Potential, Low Valuation

PDD benefits from a massive domestic business and growing international business, supported by a double moat of cost advantage and network effects. See more.

by: MSN

Influential Women in Business Luncheon recognizes 3 local businesswomen

The Stateline Chamber hosts the annual luncheon to honor local professionals for their contributions to the community.

by: Yahoo Finance

WD-40 Company Increases Quarterly Dividend and Schedules First Quarter 2025 Earnings Conference Call

WD-40 Company (NASDAQ:WDFC) today announced that its board of directors declared on Wednesday, December 11, 2024 a quarterly dividend of $0.94 per share reflecting an increase of 7 percent compared to the previous quarter's dividend.