Lyft Inc. is shaking up its leadership, and it’s also shaking up the way it pays its top executive. The ride-hailing company tapped David Risher, a board member and early Amazon.com Inc. AMZN, +1.26% employee, to serve as its next chief executive Monday, and the board is giving him a…
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Starbucks’ ex-CEO Schultz resists ‘union busting’ claims by U.S. Senators By Reuters
2/2 © Reuters. FILE PHOTO: Starbucks Chairman and CEO Howard Schultz looks on during its Annual Meeting of Shareholders in Seattle, Washington March 21, 2012. REUTERS/Robert Sorbo/File Photo 2/2 6){ atwWrapper.find('.js-slider-next').fadeIn(600); } } function atwMoveRight() { atwWrapper.find('.js-slider-prev').fadeIn(150); $(".slider > :visible:first").hide(150) $(".slider > :visible:last").next().show(150); if(!$(".slider > :visible:last").next().find('.name').html()){ atwWrapper.find('.js-slider-next').fadeOut(150); return; } }…
Colorado Proposes $1,000 Tax Credit For Teachers To Pay For School Supplies
Colorado lawmakers have come up with a new proposal to end the practice of teachers spending their own money to buy classroom supplies. For this, lawmakers have proposed a $1,000 tax credit for teachers each year for school supplies. Much Needed Tax Credit For Teachers Colorado lawmakers have proposed House…
‘Most U.S. banks are technically near insolvency, and hundreds are already fully insolvent,’ Roubini says
In January 2022, when yields on U.S. 10-year Treasury bonds TMUBMUSD10Y, 3.499% were still roughly 1% and those on German Bunds were -0.5%, I warned that inflation would be bad for both stocks and bonds. Higher inflation would lead to higher bond yields, which in turn would hurt stocks as the discount factor for dividends…
Oil futures rise but U.S. prices on track for a 5th straight monthly decline
Oil futures climbed on Friday, with prices holding ground at their highest levels since mid-March, but that wasn’t enough to ameliorate losses for the month and quarter.Price action West Texas Intermediate crude for May delivery CL00, +1.53% CLK23, +1.53% CL.1, +1.53% rose 66 cents , or 0.9%, to $75.03 a…
‘I think it’s the future of our industry:’ vodka in a cardboard bottle
The bottle Half Shell Vodka, $24.99The back story We’re about to head into April, which is Earth Month. And that had me thinking about booze with an earth-minded point of view. Of course, there are wines made with biodynamic practices. Or grain-to-glass whiskey. But here’s something else: A vodka that’s…
Mexico’s Banorte to add 800 jobs to tap into nearshoring By Reuters
© Reuters. FILE PHOTO: The logo of Grupo Financiero Banorte is pictured at its headquarters in Mexico City, Mexico, August 10, 2017. REUTERS/Ginnette Riquelme 6){ atwWrapper.find('.js-slider-next').fadeIn(600); } } function atwMoveRight() { atwWrapper.find('.js-slider-prev').fadeIn(150); $(".slider > :visible:first").hide(150) $(".slider > :visible:last").next().show(150); if(!$(".slider > :visible:last").next().find('.name').html()){ atwWrapper.find('.js-slider-next').fadeOut(150); return; } } function atwMoveLeft() { atwWrapper.find('.js-slider-next').fadeIn(150); $(".slider…
S&P 500 Bears Miss A Good Opportunity – Suspect Grind
S&P 500 bears missed a good opportunity, and couldn‘t keep pressuring even only NDX. While banking is getting less in the headlines, it isn‘t turning up either. The same goes for yesterday‘s hesitant perfomance of smallcaps, industrials and materials – bonds aren‘t paving the way for a universally clear upswing…
Virgin Orbit Holdings’ stock sinks on job axes, Rumble and Digital World Acquisition shares rise on Donald Trump indictment
Here are some of the biggest U.S. stock movers on Friday: Stock gainers: Right-wing media platforms Rumble RUM, +0.54% and Digital World Acquisition DWAC, -0.23% rose over 14% and 10% in premarket trading on the Donald Trump indictment news. Metropolitan Bank Holding Corp. MCB, -27.58% shares increased almost 14% premarket…