NEW YORK — Much has changed in the food and beverage market since Blue Apron Holdings, Inc. was founded a decade ago. A pioneer in the meal kit delivery category, the company underwent an initial public offering (IPO) in 2017 that valued the business at $1.9 billion and then watched […]
Year: 2022
Intel debuts new 13th-generation chips to take on AMD amid PC sales slump
Intel (INTC) CEO Pat Gelsinger debuted the company’s 13th-generation Intel Core processors on Tuesday during the chip giant’s annual Intel Innovation event in San Jose, California. The new chips, codenamed Raptor Lake, are designed to put Intel in the performance lead ahead of arch rival AMD (AMD) in the desktop […]
CARNIVAL CORPORATION & PLC PROVIDES THIRD QUARTER 2022 BUSINESS UPDATE
MIAMI, Sept. 30, 2022 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) provides third quarter 2022 business update. U.S. GAAP net loss of $770 million and adjusted net loss of $688 million for the third quarter of 2022. Adjusted EBITDA for the third quarter of 2022 was over $300 […]
Home buyers are canceling purchase contracts. What to know before you do
Steve Pfost | Newsday | Getty Images Amid higher interest rates and a softening housing market, home buyers are continuing to back out of purchase contracts at an elevated rate. About 64,000 home-purchase agreements were canceled in August, according to a new report from Redfin. That’s equal to 15.2% of […]
Intel’s Dividends Can Hold Up, But The Business Faces Uncertainty In The Future
First published on Simply Wall St News Summary: Intel’s production expansion is projected to cost more than $120b, and will be partly supported by the U.S. Chips act. The next few years are expected to be negative for earnings and cash flows as the company invests in fabs. Intel can […]
Why Organisations Need Both EDR and NDR for Complete Network Protection
Endpoint devices like desktops, laptops, and mobile phones enable users to connect to enterprise networks and use their resources for their day-to-day work. However, they also expand the attack surface and make the organisation vulnerable to malicious cyberattacks and data breaches. Why Modern Organisations Need EDR According to the 2020 […]
Larry Summers blasts UK’s ‘utterly irresponsible’ fiscal policy
Larry Summers Cameron Costa | CNBC LONDON — Former U.S. Treasury Secretary Larry Summers on Tuesday warned that the U.K. has lost sovereign credibility after the new government’s fiscal policy sent markets into a tailspin. The British pound hit an all-time low against the dollar in the early hours of Monday morning, before recovering […]
Spam’s popularity is on the rise again
New York CNN Business — Spam is cool. The 85-year-old canned block of meat has undergone a cultural reinvention. Hormel (HRL) has sold a record amount of Spam for seven straight years, and 2022 is on pace for another such milestone. The conglomerate behind Skippy and Jennie-O turkey says it […]
Sharjah chamber briefs Russian investors on business opportunities – News
Sharjah-Russia business forum involved business meetings between business owners from the two countries The chamber briefed the Russian trade mission on Sharjah’s business advantages and facilities. — Supplied photo Published: Sun 2 Oct 2022, 5:30 PM The Sharjah Chamber of Commerce and Industry (SCCI) has organized the “Sharjah-Russia business forum” […]
This Founder Turned His Hustle Into a Brand That Gives Back
Julian Young saw a bag of drugs being sold for the first time when he was 8 years old growing up in North Omaha, Nebraska — a truth that would come to define his life and career in more ways than one. Teddy Young of Stable Gray Digital Media “As […]
Chino City Council, Districts 2 and 3 | News
Chino City Council, District 2 Curtis Burton WILLIAM KARL VALENTINE 2022 Curtis Burton Occupation: Chino Planning Commissioner and Chino volunteer. Retired Chino Police Officer, served for over 30 years. Education: Pursuing a bachelor’s degree in Occupational Studies from Cal State Long Beach Community involvement: Chino Valley YMCA counselor, director, board […]
‘The business has to transition’
Amid soaring inflation and intense competition, Smashburger is turning towards tech innovation to stand out. “The business has to transition,” Smashburger President Carl Bachmann told Yahoo Finance Live (video above), adding that the pandemic accelerated the need for services like virtual drive-thrus, digital ordering, and contactless options. The brand, which […]
Course inspires environmental entrepreneurs – Stanford Report
Austin Stack, a student in Stanford’s Hacking for Climate and Sustainability class this past quarter, thought he had a simple solution to prevent mega wildfires. He was convinced that incentivizing private landowners to preventively burn trees and plant debris before they could fuel the fire was a “no-brainer.” So were […]
3 inducted to Pendill Wall of Excellence | News, Sports, Jobs
These are the new inductees to the Pendill Wall of Excellence at Marquette Senior High School. From left are Karen Ogle, Scott M. White and Leslie Claire Griffith. (Journal photo by Christie Mastric) By CHRISTIE MASTRIC Journal Staff Writer MARQUETTE — After a hiatus of several […]
Tesla rental demand ‘very, very solid,’ Hertz CEO says
Tesla (TSLA) rental demand appears to be off to a brisk start for Hertz (HTZ). “Demand has been very, very solid,” Hertz CEO Stephen Scherr said in an exclusive Yahoo Finance Live interview Tuesday (video above). “We’re seeing demand not just among leisure travelers but also among corporate travelers, where […]
Facebook scrambles to escape death spiral as users flee, sales drop
Facebook founder and CEO Mark Zuckerberg arrives to testify following a break during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook on Capitol Hill in Washington, DC. Saul Loeb | AFP | Getty Images A year ago, before Facebook had turned Meta, the […]
Growth of Corporate Data Provides New Business Opps for Partners
Companies providing range of data classification services, planning help customers better control IT costs. Christina Walker By 2025, more than 200 zettabytes of data will be in cloud storage around the globe, up from 2019’s 4.4 ZB and 2020’s 44 ZB, according to Cybercrime Magazine. This global proliferation of corporate […]
‘I’Il never give up’: ‘Serial entrepreneur,’ 59, launches handmade jewelry business in Staten Island Mall
STATEN ISLAND, N.Y. — Lynn Decker, 59, says she’s always been a “terrible quitter.” In fact, this self-proclaimed “serial entrepreneur,” said “it’s never too late” to start a business or take up a new hobby. And when she upstarts something new she always puts her “all” into making it a […]
Get to know the District 3 candidates
LAS CRUCES – Incumbent District 3 Doña Ana County Commissioner Shannon Reynolds is facing a challenge from Susie Kimble in this November’s local elections. Reynolds, a Democrat, is currently serving his first term in a seat he was elected to in 2018. Reynolds worked a desk job in the U.S. […]
Stock market losses wipe out $9 trillion from Americans’ wealth
Falling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending. Americans’ holdings of corporate equities and mutual fund shares fell to $33 trillion at the end of the second quarter, down from $42 trillion at the […]