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Markets / July 20, 2022 / DRPhillF / 0
Last week, the US dollar drilled a new entry in the financial history books when it briefly traded above parity with the EURUSD, -0.46% For the first time in a generation. While the dollar has retreated from its highs this week, banks in Europe and the United States – including UBS Group UBS, -1.22%And the
Economy / May 27, 2022 / DRPhillF / 0
Walgreens has been training and hiring neurological workers since 2007. “What we know, from the data and research, is that this is the highest unemployment rate in the country,” Carlos Cobia, chief global diversity officer for Walgreens Boots Alliance, said of the workers. disability. Justin Sullivan | Getty Images When Cornelia Quinn, co-founder of Go-Be,
Latest / May 27, 2022 / DRPhillF / 0
Check out the companies making headlines before the bell: Big Lots (BIG) — Shares of the discount retailer plunged 21.2% in premarket after missing Wall Street expectations for quarterly earnings and revenue. The company also reported a larger-than-expected drop in comparable store sales and issued cautious guidance for the full year, saying inflationary pressures reduce
Latest / May 26, 2022 / DRPhillF / 0
Gap Inc. downgraded On Thursday, it guided its full-year earnings as it reported a decline in fiscal first-quarter sales, which were dented by its old marine business. Shares fell more than 10% in after-hours after closing the day 4% higher. An unbalanced mix of apparel volumes, persistent inventory delays, and a slight increase in price-cutting
Latest / May 26, 2022 / DRPhillF / 0
Satya Nadella, CEO of Microsoft Corp. , appears at a panel discussion at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Holly Adams | Bloomberg | Getty Images Microsoft is preparing for a more conservative approach to hiring a part of the business that includes some of its most popular products. Rajesh
Latest / May 26, 2022 / DRPhillF / 0
Dollar General and Dollar Tree stores Getty Images Shares of Dollar General and Dollar Tree stood out Thursday, as discounters beat Wall Street quarterly earnings expectations, raised expectations for the next year and spoke of consumers flocking to lower prices during times of inflation. As of midday Thursday, Dollar General shares are up about 14%,
Latest / May 26, 2022 / DRPhillF / 0
A Lululemon sign hangs in front of their store at Woodbury Commons Premium Outlets on November 17, 2019 in Central Valley, New York. Gary Hirschhorn | Corbis News | Getty Images Check out which companies are making the headlines at midday Thursday. Macy’s – Stocks jumped 17.8% after the supermarket chain reported better-than-expected quarterly results
Latest / May 26, 2022 / DRPhillF / 0
A row of EV chargers is not used mostly in Pasadena, California.picture: Mario Tama (Getty Images) electric cars It’s making progress in the US, but it’s going slowly. Although American automakers like strongholdAnd general motors And pocket They all have an EV (or at least an extra hybrid) they can point to, Americans simply don’t
Latest / May 26, 2022 / DRPhillF / 0
Durian at Costco Wholesale Location in Woodland Hills, California. April 24, 2022. Wendy Leung Wendy Leung rarely saw Dorian in grocery stores that grew up in Los Angeles, but the 45-year-old nonprofit worker found the fruit at her local Costco wholesale store in the San Fernando Valley in April. Durian is used in Southeast Asian
Latest / May 26, 2022 / DRPhillF / 0
In an extraordinary meeting, the Russian Central Bank cut interest rates to 11% from 14% and said more cuts could follow. Interest rates were raised to 20% in the wake of the Russian invasion of Ukraine in February, as the bank tried to prevent Western sanctions causing a financial crisis. “Inflation pressure is easing against