Take a look at some of the biggest movers in the premarket: Verizon (VZ) – Verizon reported quarterly earnings of $1.31 per share, 2 cents a share above estimates. Revenue also beat analysts’ forecasts. Verizon lost more wireless subscribers during the quarter than analysts had been anticipating. Welbilt (WBT) – Welbilt shares surged 14.8% in […]
Stocks making the biggest moves in the premarket: Kansas City Southern, AutoNation, IBM & more
Take a look at some of the biggest movers in the premarket: Kansas City Southern (KSU) – Shares of the rail operator surged 18.9% in premarket trading, after Canadian National Railway (CNI) offered $325 per share in cash and stock for the company, topping a prior $275 per share offer from Canadian Pacific (CP). The […]
Amazon to open first-ever hair salon in London
Amazon Salon Source: Amazon LONDON — Amazon announced Tuesday that it is planning to open its first-ever hair salon in East London as the e-commerce giant continues to explore new lines of business and promote some of the items it sells on its platform. The Amazon Salon, described in a blog post, will be spread […]
Remember the pandemic stockpiling last year? Consumer products companies are still catching up
People shop for toilet paper at a Costco store in Novato, California on March 14, 2020. Josh Edelson | AFP | Getty Images Surging demand stemming from the coronavirus pandemic led sales of consumer packaged goods, which encompasses everything from toilet paper to canned soup, to climb 9.4% to $1.53 trillion last year, according to […]
Tesla faces another NHTSA investigation after fatal driverless crash in Spring, Texas
Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters On Monday, the National Highway Traffic Safety Administration said it “immediately” launched another investigation into Tesla following a fatal crash in Spring, Texas, over the weekend. Two men died in […]
MyPillow files $1.6 billion countersuit against Dominion Voting Systems
Mike Lindell, president and chief executive officer of My Pillow Inc., speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., on Thursday, Feb. 28, 2019. Aaron P. Bernstein | Bloomberg | Getty Images MyPillow, the bedding company led by the pro-Trump CEO Mike Lindell, on Monday filed a $1.6 billion lawsuit […]
Want to work in the growing space industry? How one CEO says hiring needs to expand
The growth of space businesses makes this “the most exciting time” to be involved in the industry, but one CEO says private and government organizations must do more to tap the next generation of U.S. workers. “I do think there’s opportunities for everybody to participate in the excitement … [and] it’s a great opportunity for […]
Half of U.S. adults have received at least one Covid shot in milestone for vaccination campaign
Dr. Jerry Abraham, director of Kedren Vaccines, right, gives a COVID-19 vaccination to Jose Guzman-Wug, 16, while his mom, Adriana Wug, watches at Kedren Health on Thursday, April 15, 2021 in Los Angeles, CA. Allen J. Schaben | Los Angeles Times | Getty Images Half of all U.S. adults have now received at least one […]
Caregiving and Financial Assistance
Eldercare provided by an unpaid caregiver is very common in the United States. Many of the adult population who are frail, disabled, or experiencing dementia receive care by an informal and unpaid caregiver, including a spouse, adult children, and close friends. Many of these caregivers may be eligible for Medicaid payments for these services. If […]
Treasury yields rebound but still below recent highs
U.S. Treasury yields rebounded on Friday morning, with the 10-year rate having fallen to 1.53% in the previous session. The yield on the benchmark 10-year Treasury note rose to 1.585% at 4 a.m. ET. The yield on the 30-year Treasury bond climbed to 2.275%. Yields move inversely to prices. The 10-year Treasury yield recently topped […]