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The Fed decision on interest rates won’t offer much relief to Main Street businesses
Oleksandra Yagello | Moment | Getty Images In many respects, conditions are good for U.S. small businesses. Inflation, from the cost of goods to wage growth in the labor market, are coming down. And the economy is growing like gangbusters, with the most recent GDP reading outperforming expectations, a fact that the Federal Reserve noted…
Fake Stanley cups are being sold by ‘shady’ scammers, cops warn
Don’t become a pour victim of this popular con. Police are warning about a sharp rise in counterfeit Stanley cups amid a heightened surge in popularity over the portable item — one not to be confused with the coveted National Hockey League trophy. “This past summer, we found them for as cheap as $19. Sounds…
OMV, ADNOC close to agreeing deal for chemicals company tie up | Reuters News Agency
Business & FinanceDeals 14 December 2023, 5:30 am 1 minute Reuters exclusively reported that Abu Dhabi National Oil Co (ADNOC) is closing in on a deal with Austria’s OMV (OMVV.VI) to combine two entities in which the companies own stakes to create a chemicals giant, two people with knowledge of the talks said. In July…
The last resort of bankruptcy is rising among Main Street businesses across America
Liquidation Sale signs in business storefront, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Small business bankruptcies are on the rise. Subchapter V filings — which most small businesses these days are using to reorganize a floundering business — have outpaced filings from…
Bet365 boss Denise Coates sees pay jump to £221m
The firm’s founder has earned more than £1bn over four years but campaigners say it is not “fair”.
United, Alaska Find Loose Parts on Some Boeing 737 MAX 9 Jets
Updated Jan. 8, 2024 9:53 pm ET United Airlines and Alaska Airlines have discovered loose parts on Boeing 737 MAX 9 jets that they have inspected after a near-catastrophe on a flight Friday, signaling Boeing’s issues go beyond the aircraft that made an emergency landing. U.S. air safety officials grounded the Boeing jets and are…
