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Tag: Business
Average 30-year US mortgage rate tops 7%, the highest level in over 2 decades, as the Fed hikes rates to tame inflation
Average 30-year US mortgage rate tops 7%, the highest level in over 2 decades, as the Fed hikes rates to tame inflation#Average #30year #mortgage #rate #tops #highest #level #decades #Fed #hikes #rates #tame #inflation Source link
The RSV surge didn’t come out of nowhere, but gaps in data made it tougher to predict
CNN — The United States is dealing with a unique season of respiratory virus transmission: Flu cases are on the rise earlier than usual, and RSV case rates are extra high, even after an “unprecedented” early surge this summer. And Covid-19 is still a public health emergency. Public health experts expected a break from typical...
4 Business Ideas That Changed the World: Emotional Intelligence
ALISON BEARD: Welcome to 4 Business Ideas That Changed the World, a special series of the HBR IdeaCast. In the early 1990s when science journalist Daniel Goleman wanted to publish a book on emotional intelligence, he was told that he couldn’t use the word emotion in business. After all, companies weren’t supposed to care about...
Orkla opens doors to M&A, divestments with structural business revamp
Orkla has spun-off its businesses into 12 individual units, opening the door for M&A and divestments at the Nordic food group. “In the time to come, we will adopt a more dynamic approach to our portfolio, which will entail assessing acquisitions, joint ventures, stock-market listings and divestments of companies,” Nils Selte, who became president and...
Meta, Ford, Honeywell, Caterpillar & more
A sign is seen outside of the inaugural physical store of Facebook-owner Meta Platforms Inc in Burlingame, California, May 4, 2022. Brittany Hosea-Small | Reuters Check out the companies making headlines before the bell. Meta — The social media stock dropped 22.8% after Meta reported an earnings miss and a weaker-than-expected fourth-quarter forecast. Meta reported...
Hard-drive maker Seagate Tech faces China sanctions warning
BEIJING — Seagate Technology said Thursday the U.S. Department of Commerce has warned it may charge the computer hard-drive maker with violating restrictions on exports of high-tech products to China. The company said in an SEC filing that it rejected the allegations. It says its hard disc-drives are not subject to U.S. Export Administration regulations,...
Silver Dollar City: 7 injured at Missouri theme park after a train ride derails
CNN — Several people were injured Wednesday at an amusement park in Branson, Missouri, after sections of a train ride derailed from the track, the park said. Six guests and one employee were transported by ambulance to get medical treatment, the Silver Dollar City theme park said in a statement on Twitter. The park did...
Man shot, killed in Boston barbershop during business hours
Authorities are investigating a deadly shooting that happened inside a barbershop in Boston’s Dorchester neighborhood.Boston police said they received reports of the shooting at 145 Washington St. shortly after 7:15 p.m. Wednesday. The address given by Boston police is the listed address for Celebrity Cut Barbershop.Responding officers found a man suffering from a gunshot wound....
‘Star Wars: Tales of the Jedi’ review: Ahsoka Tano and Count Dooku shorts show animation remains a creative force in Lucasfilm’s galaxy
CNN — Animation has been the driving creative force behind the “Star Wars” universe for some time, a state of affairs cast into sharper focus by how live-action series Lucasfilm has produced for Disney+ have drawn upon those shows. That relationship continues with “Star Wars: Tales of the Jedi,” an animated anthology that provides an...