Everything to know about Amazon's ad business, which is $31 billion and growing
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- Consumer Reports
Best Wireless Multiroom Speakers of 2022
Top-rated models from Amazon, Apple, Sonos, and others let you play music throughout your homeBy Allen St. JohnIt wasn’t that long ago that a multiroom audio system could break the bank. Purchasi...
18h ago - Better Homes & Gardens
Target's Casa Cantina Is About to Be Your Go-to Ready-to-Drink Cocktail
Just in time for summertime sipping, the affordable line comes in three flavors.
12h ago - Yahoo Life Shopping
Treat your coffee-drinking dad to this $10 travel mug with a built-in coaster
Does your dad live for his morning cup of coffee and his favorite mug is starting to show it? This Father’s Day, enhance his morning drink experience with these travel mug sets with built-in coasters for only $19.99.
12h ago - Engadget
Massachusetts court rejects proposed gig worker ballot measure
A Massachusetts court has tossed a ballot measure that would have treated gig workers as contractors, protecting the Uber and Lyft business models.
12h ago - MoneyWise
Warren Buffett broke up with most of his beloved banks — so why is he swooning over this one?
Buffett swapped out Wells Fargo and Goldman Sachs for a beaten-down bank.
1d ago - Motley Fool
4 No-Brainer Stocks to Buy Right Now for Less Than $100
These four stocks offer a rare combination of sub-$100 prices, market leadership, and the potential of long-term success.
18h ago - MarketWatch
Russia says lowers gas flows to Europe with sanctions preventing Siemens from delivering equipment
Russian natural gas deliveries through a key pipeline to Europe will drop by around 40% this year, state-controlled energy giant Gazprom said Tuesday, after Canadian sanctions over the war in Ukraine prevented German partner Siemens Energy from delivering overhauled equipment.
15h ago - Barrons.com
Caterpillar Is the Latest Company to Relocate to Texas
The maker of the iconic yellow construction and mining equipment is leaving Illinois after nearly a century, the latest big company to relocate.
10h ago - Reuters
Oil prices climb, but expected U.S. interest rate hike looms
Oil prices rose on Wednesday, rebounding from losses earlier in the session amid concerns over fuel demand and the broader economy ahead of an expected big hike in interest rates by the U.S. Federal Reserve. In a volatile session, Brent crude futures for August were up 46 cents, or 0.4%, at $121.63 a barrel as of 0642 GMT after falling to as low as $120.65 earlier in the session on the back of a 0.9% decline on Tuesday. Surging inflation has led investors and oil traders to brace for a big move by the Fed this week - a 75-basis-point increase, which would be the largest U.S. interest rate hike in 28 years.
8h ago - Yahoo Finance
Coinbase, Intel, Tesla: All of the tech companies hitting the brakes on hiring
Over the last two months, a number of technology companies or venture capital–backed firms have announced plans to either freeze hiring, rescind accepted offers, or lay off employees.
14h ago - Bloomberg
FedEx Surges Most Since 1986 on Activist-Backed Overhaul Plan
(Bloomberg) -- FedEx Corp.’s shares soared the most in almost 36 years after the courier hiked its dividend and announced board changes in coordination with activist investor D.E. Shaw & Co., a bold shakeup just two weeks into the tenure of new Chief Executive Officer Raj Subramaniam.Most Read from BloombergAmericans Are Building Vacation-Home Empires With Easy-Money LoansChina Alarms US With Private Warnings to Avoid Taiwan StraitVolatility Grips Stocks as Treasury Yields Surge: Markets WrapBid
12h ago - Fortune
6 key flash points that led to Disney CEO Bob Chapek pulling the trigger on top exec Peter Rice
The Walt Disney Co. abruptly fired Peter Rice—the head of the company’s TV division—last week, but new reports indicate it was a long time coming.
19h ago - Yahoo Finance Video
Real estate companies Redfin, Compass begin laying off workers
Yahoo Finance's Emily McCormick details the layoffs real estate companies are issuing amid declining home sales.
12h ago - Engadget
Rivian pushes back deliveries of its R1S SUV once again
Customers who pre-ordered the electric SUV received the news by email.
9h ago - Reuters
Caterpillar to move global headquarters from Illinois to Texas
(Reuters) -Caterpillar Inc said on Tuesday it would move its global headquarters to a Dallas suburb from the construction equipment maker's century-long home in Illinois. Caterpillar did not say why it was moving the headquarters to Irving, Texas, from Deerfield, Illinois, a Chicago suburb. The company is the latest big manufacturer to exit Illinois.
16h ago - Bloomberg
US Natural Gas Slumps as LNG Plant Shutdown Strands Supplies
(Bloomberg) -- US natural gas futures plummeted and European prices surged after the operator of a key Texas export terminal said it may take three months to partially restart the facility following a fire last week.Most Read from BloombergChina Alarms US With Private Warnings to Avoid Taiwan StraitAmericans Are Building Vacation-Home Empires With Easy-Money LoansVolatility Grips Stocks as Treasury Yields Surge: Markets WrapBiden’s ‘Never Been More Optimistic’ Despite Troubled US EconomyStocks’
13h ago - Investor's Business Daily
Artificial Intelligence Stocks To Buy And Watch: AI Software Market Booms
When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.
2d ago - Reuters
Exclusive-China's Baidu in talks to sell majority stake in video streaming firm iQIYI -sources
China's internet search engine giant Baidu Inc is in talks to sell its controlling stake in iQIYI Inc, China's answer to Netflix, in a deal that could value all of iQIYI at about $7 billion, two people with knowledge of the matter said. Baidu, which owns 53% of iQIYI and holds more than 90% of its shareholder voting rights, plans to sell all its holdings in the Chinese video streaming services firm, said those two people and another two sources familiar with the matter.
20m ago - American City Business Journals
Redfin to lay off 470 employees, citing market conditions
"With May demand 17% below expectations, we don’t have enough work for our agents and support staff," CEO Glenn Kelman said in a message to employees.
13h ago - The Wall Street Journal
Disney CEO Bob Chapek Supported Peter Rice. Until He Didn’t.
The decision by Mr. Chapek to fire Mr. Rice from his position as head of the company’s General Entertainment Content unit last week had been under consideration for months, say people familiar with the matter.
1d ago - Bloomberg
Oil Fluctuates Ahead of Fed Meet That’s Expected to See Big Hike
(Bloomberg) -- Oil fluctuated ahead of a Federal Reserve meeting that’s expected to see further monetary tightening to combat rising US inflation.Most Read from BloombergAmericans Are Building Vacation-Home Empires With Easy-Money LoansChina Alarms US With Private Warnings to Avoid Taiwan StraitVolatility Grips Stocks as Treasury Yields Surge: Markets WrapBiden’s ‘Never Been More Optimistic’ Despite Troubled US EconomyStocks’ Pandemic Bull Run Ends With Recession Fear: Markets WrapWest Texas Int
20m ago - Bloomberg
Biden’s Saudi Arabia Reversal Unlikely to Solve Oil Price Crisis
(Bloomberg) -- President Joe Biden’s visit to oil-rich Saudi Arabia might heal frayed US ties with the kingdom, but it’s unlikely to resolve the energy crisis plaguing the global economy.Most Read from BloombergChina Alarms US With Private Warnings to Avoid Taiwan StraitVolatility Grips Stocks as Treasury Yields Surge: Markets WrapBiden’s ‘Never Been More Optimistic’ Despite Troubled US EconomyStocks’ Pandemic Bull Run Ends With Recession Fear: Markets WrapAmericans Are Building Vacation-Home Em
15h ago Zalando Buys Control of Highsnobiety
The media company will serve as “strategic and creative consultant” to the German e-commerce giant as it goes deeper into streetwear.
2d ago- Reuters
Stellantis plans layoffs at Sterling Heights stamping plant in U.S.
The world's fourth largest carmaker did not specify the number of employees being laid off but said, in an emailed statement to Reuters, that the decision was made "in order to operate the plant in a more sustainable manner." A letter https://www.facebook.com/JenniferSzpynda4ONEUnion/photos/a.114910826790762/535990231349484 posted on the Facebook page of United Auto Workers Local 1264, a union that represents employees of Stellantis-owned Chrysler Sterling stamping plant, said that the "indefinite layoff will be from the bottom up," starting as early as June 20. UAW did not immediately respond to Reuters request for comment on the number of employees being affected by the layoff.
7h ago - Reuters
Exclusive-Germany's refinery dilemma tests Russian oil ban resolve
Germany is struggling to find a way to wrest control of a Russian-owned refinery that supplies most of Berlin's fuel, four people close to the matter said, fearing retaliation by Moscow if the site is nationalised and as Western firms hesitate to step in. The PCK refinery in Schwedt, majority-owned by Russian oil giant Rosneft, is testing Germany's resolve to eliminate imports of oil from Russia by the end of the year under fresh European sanctions to punish Moscow for its invasion of Ukraine. The landlocked refinery is the source of 90% of Berlin's fuel and has received all its crude from Russia via the Druzhba pipeline since the plant was built in the 1960s.
21h ago - MarketWatch
API data reportedly show a weekly climb in U.S. crude supplies
The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 736,000 barrels for the week ended June 10, according to sources. The API also reportedly showed a weekly inventory decline of nearly 2.2 million barrels for gasoline, while distillate stockpiles climbed by 234,000 barrels. Oil stocks at the Cushing, Okla., delivery hub were down by 1.1 million barrels last week, sources said. Inventory data from the Energy Information Administration will be released Wednesda
12h ago - MarketWatch
Natural-gas prices settle at a 5-week low
Natural-gas futures drop by more than 16% on Tuesday to log their lowest settlement in five weeks, as a delay in full repairs to a U.S. liquified natural gas terminal is expected to lead to higher inventories of the commodity in U.S. storage.
13h ago - Yahoo Finance
Why there’s no relief in sight for soaring oil and gas prices
Four forces are conspiring to drive prices higher, and there's no sign of any letup.
2d ago - MarketWatch
Fertilizer prices are soaring – and that’s an opportunity to promote more sustainable ways of growing crops
Synthetic fertilizers have greatly enhanced crop yields but they have also contributed to overapplication and serious environmental harm.
14h ago - Motley Fool
Better Stock Split: Alphabet vs. Shopify
Stock splits have been all the rage recently despite having few fundamental benefits. When a company splits its stock, one share breaks into two or three, or, in Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) case, 20 when its 20-for-1 split takes place in mid-July. Although the idea of receiving 20 shares for each share held is compelling, this means nothing if the company's business isn't headed in the right direction.
21h ago - FX Empire
Natural Gas Price Fundamental Daily Forecast – Demand Dives after Freeport LNG Extends Shutdown
The bearish news is the shutdown of the Freeport LNG plant means more gas will now be available in the United States to refill low stockpiles.
13h ago - MarketWatch
Oracle stock rockets after earnings, but analysts warn of headwinds and tough competitive landscape
Oracle Corp.’s strong fourth-quarter results on Monday have sent the company’s shares surging, although many analysts see looming macro headwinds and a tough competitive environment for the tech giant.
18h ago - Bloomberg
Oracle Jumps Most in Six Months as Cloud Sales Show Momentum
(Bloomberg) -- Oracle Corp. shares jumped the most in six months after the company reported results suggesting its effort to move customers to the cloud is gaining momentum and the acquisition of health care records provider Cerner Corp. will help accelerate growth.Most Read from BloombergAmericans Are Building Vacation-Home Empires With Easy-Money LoansChina Alarms US With Private Warnings to Avoid Taiwan StraitVolatility Grips Stocks as Treasury Yields Surge: Markets WrapBiden’s ‘Never Been Mo
12h ago - SmartAsset
Make Your Retirement Income Go Farther With this Tax-Efficient Withdrawal Strategy
Workers spend decades saving for retirement, building a nest egg they hope will sustain them when the time comes to retire. But saving your money is just one part of the puzzle that is retirement planning. A financial advisor can … Continue reading → The post Make Your Retirement Income Go Farther With this Tax-Efficient Withdrawal Strategy appeared first on SmartAsset Blog.
19h ago - Travel+Leisure
Gas Prices Reach an 'All-time High' in the U.S. — Here's How You Can Still Save Money
Planning a summer road trip? You'll want to read this.
2d ago - Oilprice.com
Oil Supply Fears Mount As OPEC Underperforms
Despite weak demand in China, the oil market is looking increasingly bullish as OPEC fails to hit its production target and Libya struggles with supply disruptions
13h ago - Reuters
Real estate brokers Compass, Redfin to cut jobs as housing market cools
Real estate brokers Compass Inc and Redfin Corp said on Tuesday they will cut jobs as rising mortgage rates and the prospect of aggressive rate hikes eat into homebuying demand. Compass said it will layoff 450 employees, about 10% of its current workforce, and Redfin will cut about 470 jobs, about 6% of its total workforce. "With May (homebuying) demand 17% below expectations, we don't have enough work for our agents and support staff, and fewer sales leave us with less money for headquarters projects," Redfin Chief Executive Officer Glenn Kelman wrote in a blog.
15h ago - Kansas City Star
15-year-olds used deep fry baskets at Wendy’s restaurants, feds say. Franchisee fined
Young workers were also allowed to work too many hours in Pennsylvania, officials said.
11h ago - MarketWatch
Coinbase CEO says company has ‘no risk of bankruptcy’
The crypto exchange's CEO Brian Armstrong did admit that some of Coinbase users’ crypto assets may lack certain bankruptcy protections
17h ago - Associated Press
Caterpillar moving its headquarters to Texas from Illinois
Construction equipment manufacturer Caterpillar said Tuesday it is packing up its headquarters from its longtime home state of Illinois and moving to Texas. Caterpillar Inc. said that it’s transferring its global base to the Dallas suburb of Irving, from Deerfield, outside Chicago. The company had been based in Peoria, Illinois, for over 90 years before announcing a move to Deerfield in 2017.
13h ago
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