The company's CEO Robin Reecht said they "ran out of money completely" and couldn't find investors nor a buyer.
While ATI Inc. is moving its corporate headquarters from Pittsburgh to Dallas, the company says that none of its employees will be packing thier bags.
More than half of consumers say they have changed their eating and drinking habits to manage the rising cost of living, according to a new survey by global intelligence company Morning Consult. Consumers will usually cut their restaurant spending in response to high inflation, but as financial pressures deepen, they change their supermarket habits too, said Darren Seifer, food and beverage industry analyst with The NPD Group. In tough economic times, consumers start cutting back — switching to store brands or generic products that are cheaper than big-name brands, buying smaller sizes, and buying chicken instead of beef, Seifer said.
Jerry Jones’ investment in Comstock Resources in 2018 has brought a financial windfall to the Dallas Cowboys owner.
Washington state emergency management officials warn residents of swimming risks like hypothermia and drowning before weekend heat wave.
The accident happened at about 10:30 a.m. when a semi-truck jackknifed, the agency tweeted.
Julian Chee, a design engineer at Airbus Americas Engineering, designed a paper airplane that in April was used in South Korea to set a record for the longest paper airplane flight in history. Chee’s design flew 252 feet, breaking the previous best by 26 feet and gaining entry into the Guinness Book of World Records. “I’ve always been interested in anything that flew as a kid,” Chee says in a press release from Wichita State University.
The action looked sleepy Thursday morning as the market digested a second day of testimony from Jerome Powell, but things heated up in the afternoon. The VanEck Oil Services ETF was hit by a loss of 5.5%, while the ARK Innovation ETF jumped around 7% as names such as SnowFfake , Coinbase , Ginkgo Bioworks Holdings , and Roblox jumped higher. This rotational action is probably due in part to the rebalancing of the Russell indexes that takes place Friday at the market close.
LONDON (Reuters) -British consumers cut back on shopping in May in the face of fast-rising inflation, and a measure of their confidence sank to a record low this month, according to data that underscored the scale of the cost-of-living squeeze. The Office for National Statistics said on Friday that sales volumes in May fell by 0.5% on the month, a slightly smaller decline than the 0.7% drop expected by economists polled by Reuters. But the ONS also slashed its estimate for month-on-month sales volumes growth in April to 0.4% from an originally reported 1.4% after an annual review of its seasonal adjustments process.
Allen Place is the expansion of the Allen Neighborhood Center on Lansing's eastside to include apartments, a food co-op and a new health clinic.
This move makes this location the most recent REI store to embark on the unionization process. REI workers in a New York City store in early March voted to unionize, making it the first organized REI store in the U.S.
A year after John McAfee died in a prison cell in Barcelona, his body remains in a Spanish morgue. Mysterious circumstances continue to surround the death and remains of John McAfee, a cybersecurity pioneer who spent his final years in controversy, including being implicated in at least one homicide.
The S&P 500 has found buyers during the week, as the 3700 level has come into the picture to show support.
Intel still plans to build the facility, but the scope and pace of its expansion in Ohio would heavily depend on the amount of funding from Congress.
No one can figure out what it's supposed to be.
Bitcoin held steady at about $21K, but analysts say its hold above 20K is precarious.
Mainland China reported 143 new coronavirus cases for June 23, of which 37 were symptomatic and 106 were asymptomatic, the National Health Commission said on Friday. As of Thursday, mainland China had confirmed 225,434 cases with symptoms. China's capital Beijing reported one new local symptomatic case, compared with three a day earlier, and two new local asymptomatic cases versus none the previous day, the local government said.
Tough times are coming. Prep your portfolio.
A Japanese High Court on Thursday rejected an appeal by a former brokerage manager alleging on-the-job harassment and unlawful dismissal after he took parental leave while working at Mitsubishi UFJ Morgan Stanley. The case of Glen Wood, a Canadian who has lived in Japan for more than three decades, has come to symbolize concerns over “paternity harassment,” or “pata hara.” Wood's is a rare case, for Japan, of a father seeking to take parental leave.
"It's weird you know. I never expected that thing in the back of my house," the man said.
Americans are better positioned with their emergency savings now than they were a year ago, but they’re feeling uneasy. It’s increasingly difficult nowadays for one person to possess all the advanced expertise required for comprehensive financial planning.