Newsfeeds Archive - Page 14 of 33

1 minute read

Rich People Aren’t Spending As Much At Steakhouses: Recession Warning Sign?

September 21, 3:02 PM

Darden Restaurants Inc (NYSE: DRI) reported earnings before Thursday's market open, slightly beating EPS and revenue estimates. The company saw weaker growth in the fine dining sector compared to the more casual restaurants it owns.

DRI

2 minute read

Jamie Dimon’s Visit To Detroit Marks 10 Years Since JPMorgan Chase’s $200M Investment In The City

By Aaron Bry

September 20, 1:11 PM

Ten years ago, Detroit was still recovering from the 2007/2008 Great Recession in which hundreds of thousands of people lost their jobs and Detroit’s biggest industry, the auto industry, was struggling.

JPM

1 minute read

General

‘People’s Lives Are Getting Worse And Worse’: UAW Strikers, Supporters Decry Corporate Practices

By Aaron Bry

September 20, 12:10 PM

The United Auto Workers (UAW) strike against all three major U.S.

1 minute read

How An Auto Workers Strike Could Impact The Value Of Your Car

By Aaron Bry

September 15, 11:11 AM

The United Auto Workers (UAW) president Shawn Fain told media Thursday night that the union will strike against the “big three” major U.S. auto manufacturers for the first time ever.

2 minute read

General

Hurricane Lee Picks Up Pace, On Track To Hit Northeastern US

By Aaron Bry

September 14, 2:46 PM

Hurricane Lee hit Bermuda early Thursday morning, bringing heavy rain and high winds to the region. The storm is picking up pace and moving faster than what some experts anticipated.

GNRC

2 minute read

UAW President Has ‘A Lot Of Work To Do In 48 Hours’ To Avoid Catastrophic Strike

By Aaron Bry

September 13, 12:16 PM

The President of the United Auto Workers (UAW) Shawn Fain joined CNBC’s Squawk Box Wednesday morning to discuss the union’s demands as part of its ongoing contract negotiations.

2 minute read

General

DraftKings Apologizes For 9/11 ‘Never Forget’ Parlay Promotion On Sportsbook App

By Aaron Bry

September 11, 3:14 PM

DraftKings Inc (NASDAQ: DKNG) has apologized for a parlay that the app featured on Sunday night.

DKNG

2 minute read

Short-Seller Titans Agree: Michael Burry, Citron Both Like This Stock

By Aaron Bry

September 11, 2:34 PM

Citron Research, an investment research firm known for finding short opportunities, posted a tweet on Monday that it expects Geo Group Inc (NYSE: GEO) to benefit from the United States’ current migration challenges.

EXPE

1 minute read

General

Palantir To Join Forces With Biden Administration To Help Safeguard AI: Report

By Aaron Bry

September 7, 4:21 PM

Palantir Technologies Inc (NYSE: PLTR) is joining a number of other tech companies, including Salesforce Inc (NYSE: CRM), Microsoft Corp (NASDAQ:

CRM

2 minute read

General

Texas Power Grid Implements Emergency Measures To Avoid Outages, Reasons Unclear

By Aaron Bry

September 7, 1:05 PM

Texas declared a power emergency Wednesday evening and relied on emergency operations to avoid blackouts and outages. The Energy Reliability Council of Texas, responsible for managing the state's power grid, announced a "level 2 emergency" due to limited supply.

CARR