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These are the best gifts for girlfriends this year, including Ugg slippers, Apple AirPods Pro, Anthropologie candles, clothing and beauty items.
Precigen Inc (NASDAQ: PGEN) has agreed to sell its subsidiary Trans Ova Genetics, an animal reproductive technologies company, to URUS, a holding company with cooperative and private ownership. The deal consideration includes $170 million in upfront cash and up to $10 million earn-out based on the performance of Trans Ova in 2022 and 2023. The company anticipates closing the non-healthcare subsidiary sale in Q3 2022. Precigen expects the transaction to solidify its balance sheet. It intends to p
The Biden administration is nearing a decision on student-loan forgiveness, an issue that could affect millions of Americans and reverberate in the coming midterm elections. Here are some of the key challenges complicating the final decision. Illustration: Ryan Trefes
The Wall Street Journal said late Tuesday Walmart Inc. has warned some of its suppliers that it will charge new fees to transport their goods to warehouses and to stores, thanks to rising fuel prices. The companies using Walmart will be charged a fuel surcharge and a pickup charge starting Aug. 1, the report said, citing a memo the publication said it has reviewed. The new fees would come on the heels of similar moves by other retailers, including Amazon.com Inc. , which in April told U.S. third
You can add religious and disability discrimination to the list of workplace hostilities current and former Tesla Inc. workers have accused the electric vehicle maker of tolerating or fostering. In a lawsuit filed against the Texas company last week, Khalid Almousa, a former worker in the company's Fremont factory, accused the company of ignoring harassment directed at him because he's Black and a Muslim. Tesla also caused Almousa to experience a painful back injury, and the company's actions worsened that malady, he said in the suit, filed in Alameda County Superior Court.
The Carlyle Group has hired Doug McNeely, a top Black executive from BlackRock, to work with its major clients on pension funds and endowments
Qatar Airways has indicated that a provisional agreement to buy up to 50 Boeing 737 MAX jets has lapsed, Boeing's rival Airbus said in a court document released on Thursday. The deal, signed in Washington in January, is part of a series of inter-locking agreements caught up in a London court dispute between Airbus and the Gulf carrier over a larger jet. Airbus requested a copy of the Boeing 737 MAX agreement after the airline brought it up as part of its bid for compensation for damage to the A350, now worth $1.4 billion.
(Bloomberg) -- It’s getting complicated for investors in semiconductor stocks, with last year’s big chip shortage morphing into an inventory glut for some companies, and others getting caught up in geopolitics.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingRoaring US Rental Market Shows Early Signs of Slowing DownTycoon Whose Bet Broke the Nickel Market Walks Away a Billionai
Demand for workers remained robust in late spring, with May job openings and the number of times workers quit their jobs declining but remaining historically high.
It was a choppy session, with recession fears sending the crypto market into the red before support kicked in. We can expect another choppy session today.
Maybank Group Wealth Management CIO Eddy Loh says he is maintaining an underweight stance on equities due to rising earnings risks. He speaks with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia".
Shares recouped earlier losses and oil prices fell as investors fretted that a slowdown in economic growth could curb energy consumption.
Now that we’re into the second half of 2022, with the Independence Day holiday behind us, we can take stock of the changes that the last six months have brought. And those changes have been dramatic. As this year got started, the S&P 500 was coming off of a 27% annual gain. Today, the index is down 20%, putting it into a bear market. The losses have been broad-based, and have left many otherwise sound equities languishing at low prices. It’s a circumstance that has a lot of unhappy investors won
The major stock market indexes are seeing steep losses in midday trading, although they've pared loses in the last hour as they near the highs of the day. The Dow Jones Industrial Average is getting hit the hardest, down more than 700 points earlier today and off 570 at midday.
Air France-KLM (OTC: AFLYY) has established an agreement with CFM International to acquire 200 LEAP-1A engines to power its new fleet of Airbus SE (OTC: EADSY) A320neo and A321neo. Financial terms were not disclosed. CFM International is a 50/50 joint venture between GE Aviation, a division of General Electric Co (NYSE: GE), and Safran Aircraft Engines, a division of Safran (OTC: SAFRY). Last December, Air France-KLM ordered 100 Airbus A320neo family aircraft - with purchase rights for 60 additi
Bitcoin (BTC) remains rangebound between the $18,000 and $21,000 levels as institutional traders pile on the ProShares Short Bitcoin Strategy ETF (BITI). Arca Portfolio Manager David Nage shares insights into BTC's resilience amid macro headwinds and "carnage" in the crypto markets. Plus, what makes this crypto winter the first of its kind.
The Commerce Department said on Tuesday that factory orders rose 1.6% in May after advancing 0.7% in April. A survey on Friday showed the Institute for Supply Management's national factory activity index contracted for a second straight month, though an "overwhelming majority" of companies indicated they were hiring. That followed moderate consumer spending growth in May along with weak housing starts, building permits and factory production.
(Bloomberg) -- Electricite de France SA Chairman and Chief Executive Officer Jean-Bernard Levy will step down amid plans to nationalize the debt-laden utility as it battles widespread reactor shutdowns and soaring costs.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingRoaring US Rental Market Shows Early Signs of Slowing DownTycoon Whose Bet Broke the Nickel Market Walks Away a
On Tuesday, Palo Alto Networks cleared an important technical benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 85, up from 79 the day before. Over 100 years of market history reveals that the market's biggest winners often have an 80 or higher RS Rating in the early stages of their moves. Palo Alto Networks is working on a consolidation with a 641.00 entry.
(Bloomberg) -- European natural gas resumed its rally as traders focused on the risk of potential disruptions from top supplier Russia. Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarRoaring US Rental Market Shows Early Signs of Slowing DownUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingWall Street Says a Recession Is Coming. Consumers Say It's Already HereCiti Says Oil May Collapse to $65 by the Year-End on RecessionBenc
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