Tag Archives: Business

Stock Market Today: Asian Stocks Mixed as Japan Business Confidence Rises and US Shutdown Averted

BANGKOK (AP) — Asian stocks rose mostly in weak trading Monday, with many markets closed for holidays. Markets in China are closed for a week-long holiday. Markets in South Korea were also closed. Oil prices rose and US futures rose as the threat of a US crisis federal government shutdown backed off after Congress passed… Read More »

75,000 Kaiser Permanente healthcare workers may go on strike, demonstrating that the sector is in crisis

new York CNN – Savonnda Blaylock, a pharmacy technician in Northern California, has worked for healthcare giant Kaiser Permanente for 22 years and has never been on strike. That could change on Wednesday, when she becomes one of 75,000 workers taking part in the biggest health strike in the country’s history. Blaylock said it will… Read More »

He allegedly falsified documents at an Iowa bank that bankrupted him. He even became an executive at another bank

CNN – The Federal Reserve on Thursday warned former Iowa VisionBank executive Tanner Winterhof for allegedly falsifying documents, causing the bank to suffer large losses. Despite VisionBank firing him last year, Winterhof still got another job at a bank. According to the Fed, Winterhof falsified documents, including a subordination agreement, related to loans made to… Read More »

Stock Market Today: Asian Stocks Fall as Eyes Turn to Chinese Economy and Possible US Shutdown

TOKYO (AP) — Asian stocks fell mostly Tuesday on concerns about a possible U.S. government shutdown and the troubled Chinese economy. Japan’s benchmark Nikkei 225 index fell 1.0% in afternoon trading to 32,357.25. Australia’s S&P/ASX 200 fell 0.5% to 7,044.90. South Korea’s Kospi fell nearly 1.3% to 2,463.63. Hong Kong’s Hang Seng fell 0.9% to… Read More »

RYDER CUP ’23: A look inside the walls of 11th-century Marco Simone castle

GUIDONIA MONTECELIO, Italy (AP) — First came the castle. Then the golf course. The almost 300,000 fans who descended the club Marco Simone for the Ryder Cup This week they will be able to see the 11th-century castle of the same name from several points on the course – it is squeezed between the sixth… Read More »

The threat of wildfires is increasing. The same happens with new artificial intelligence solutions to combat them

LONDON (AP) — Wildfires fueled by climate change have Maui’s devastated communities for the Mediterranean this summer, killing many people, depleting firefighters and fueling the search for new solutions. Enter artificial intelligence. Firefighters and startups are using AI-enabled cameras to scan the horizon for signs of smoke. A German company is building a constellation of… Read More »

Why all signs point to an Australian summer of heat and fire

CNN – It’s still early spring in Australia and the country is already battling heat and fire, raising fears of a potentially devastating summer. Last weekend, more than 20 Sydney Marathon runners were hospitalized during a heatwave. Ski resorts, including Perisher, the country’s largest, closed early due to a lack of snow following Australia’s warmest… Read More »

Burgers and tacos don’t look like they advertise. Lawsuits are trying to change that

new York CNN – When it comes to food advertising, what you see is rarely what you get. A flurry of recent lawsuits wants to change that. In recent years, lawyers have initiated class actions against ffood companies, claiming they are misrepresenting foods in their marketing. Attorneys James Kelly and Anthony Russo, in particular, have… Read More »

Investors riddled with FOMO may be re-entering the US stock market

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. CNN – Investors who missed this The year’s unexpected recovery appears to be causing them to dive… Read More »

Chinese officials express faith in economy, keep interest rates stable as forecasts worsen

Top Chinese planners expressed confidence on Wednesday in the outlook for the world’s second-largest economy, keeping interest rates stable amid signs of improvement in some areas such as services. The optimistic tone of officials speaking at a press conference in Beijing contrasted with forecasts from the Asian Development Bank and the Organization for Economic Co-operation… Read More »