Top US consultancies are struggling to attract business in China as Beijing’s national security raids scare away local clients and global investors pull back from dealmaking in the country. Management consultancy Bain is telling new China hires to wait until as late as 2025 to start their jobs, while roughly half of McKinsey staff do
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The highly-anticipated Barbie movie is finally out and it’s fair to say it’s one of the most influential films of the year. So it’s not a surprise that Barbiecore is one of the most talked about aesthetics in the home space right now. Pink is back in a major way and people love this bright,
Modelo Especial beer arranged in the Brooklyn Borough of New York, U.S., on Tuesday, Nov. 23, 2021. Gabby Jones | Bloomberg | Getty Images Company: Constellation Brands (STZ) Business: Constellation Brands is an international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand and Italy with powerful, consumer-connected,
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In this article HERC COF ISRG NOVA Follow your favorite stocksCREATE FREE ACCOUNT People look at vehicles at AutoNation Toyota dealership in Cerritos, California. Mario Anzuoni | Reuters Check out the companies making headlines in midday trading. Scholastic — The publisher jumped 14.2% after announcing it would increase its share repurchase amount by $100 million.
The bond market was quiet to end the week, with munis and U.S. Treasuries little changed ahead of next week’s Federal Open Market Committee meeting. Equities were up near the close. The two-year muni-to-Treasury ratio Friday was at 59%, the three-year at 61%, the five-year at 62%, the 10-year at 65% and the 30-year at
Parties in a bankruptcy case involving a bond-financed Arizona participant sports venue objected to a motion to either appoint an independent Chapter 11 trustee or dismiss the case, arguing either move would be detrimental or premature. Legacy Cares, the venue’s owner, which filed for bankruptcy May 1 in Arizona federal court, along with bond trustee
In this article ARKK ARKF ZM ROKU TSLA 2423-HK COIN 9618-HK PDD 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Cathie Wood, CEO, Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange, Feb. 27, 2023. Brendan McDermid | Reuters Ark Invest’s Cathie Wood said her flagship innovation fund
State departments of transportation are breathing a sigh of relief after the Federal Highway Administration resolved the bulk of a nearly 20-year-old accounting glitch that threatened $3.5 billion of infrastructure funds. The resolution of $2.5 billion of the $3.5 billion discrepancy between two accounting systems used by the federal government frees up the money for
The message of Thursday’s three UK by-elections was muddied somewhat by the Conservatives’ success in clinging on to the seat Boris Johnson vacated in outer London. But it was clear enough: this was a disastrous night for the Tories. Striking swings to Labour and the Liberal Democrats in northern and south-west England respectively confirm that
New Jersey sued the federal government to block a plan to charge drivers entering midtown Manhattan, claiming the green light the US gave New York’s congestion pricing proposal was ill-considered and missed numerous risks to Garden State residents. The challenge came Friday morning in a federal lawsuit the state filed against the US Department of Transportation and
BondWave LLC’s portfolio analytics suite, Effi, has introduced a new feature, Rules, where users can filter attributes of bonds in their portfolios. Michael Ruvo, BondWave’s CEO, described Rules as an “overlay” to each portfolio, where users can apply criteria including 20 different portfolio constraints and almost 20 different objectives. Through Rules, users can filter for
The House overwhelmingly passed a bill reauthorizing the Federal Aviation Administration for the next five years and granting $4 billion per fiscal year to the Airport Improvement Project. The bill, the Securing Growth and Robust Leadership in American Aviation Act, was passed in a 351-69 bipartisan vote, and will now move on to the Senate
Lucy Lambriex | DigitalVision | Getty Images Despite a sizeable elderly and disabled population in the U.S., there is not enough affordable housing to accommodate those individuals. “For millions of Americans, adequate housing is more of an aspiration than a reality,” said Sen. Bob Casey, D-Pa., who serves as chairman of the Senate Special Committee
In today’s episode, I’m going to share with you the pros and cons of penny stocks. Penny stocks are hugely attractive, and they are great for certain types of traders. But they’re horrible for other types of traders. In this episode, we’ll cover the advantages and disadvantages of penny stocks, so that way you can
Kevin Matras talks about a stock’s Earnings Yield and how to use it. Highlighted stocks include ACT, AHL, ANW, TRN and URI.
Rishi Sunak’s Conservatives have narrowly held on to the Uxbridge and South Ruislip seat in an unexpected UK parliamentary by-election result but were poised to lose two other seats in a night of political drama. Sunak’s ruling party retained the London seat vacated by former premier Boris Johnson by fewer than 500 votes, but the
In this article ISRG KNX COF PPG CSX Follow your favorite stocksCREATE FREE ACCOUNT A CSX freight train is seen in Orlando. Paul Hennessy | Lightrocket | Getty Images Check out the companies making headlines in after-hour trading. CSX — The transportation company dropped 5% after missing Wall Street expectations for revenue in the second
At this point, the U.S. housing crisis is well documented. The nation is short some 6.5 million homes, and developers can’t seem to build fast enough to meet the demand. Experts expected rising interest rates to exacerbate the housing shortage by stalling development activity and further throwing off the housing supply-demand pendulum—but in May, there
New Jersey Transit’s newly passed fiscal 2024 budget includes no new fare hikes and increased spending year-over-year, in the face of a looming fiscal cliff. NJ Transit’s board passed a $2.86 billion operating budget on Wednesday that’s 4.1% bigger than fiscal 2023’s, with 60% of costs associated with labor and fringe benefits and 31% linked
Fifth Third Securities has been added to the growing list of underwriters charged by the Securities and Exchange Commission for violating its limited offering exemption. For its role in in issuing 79 offerings without obtaining the required disclosures, Fifth Third, without admitting or denying the findings, has agreed to settle the charges, cease and desist