April 9, 2024
“…The U.S. Census Bureau reported in March that California’s population as of last July had dropped to an estimated 38,965,000. That’s down by 75,400 in a year — and 573,000 below California’s peak of 39.5 million in 2020. Entering this… Continue Reading…
April 9, 2024
“…The company just announced its biggest acquisition ever, taking over SRS Distribution for $18.25 billion, including SRS’s debt. Home Depot said the deal would expand its addressable market by around $50 billion, and CEO Ted Decker called SRS “An industry… Continue Reading…
April 8, 2024
“…The filing comes weeks after Apple canceled a long-running project to build an electric, self-driving car in a team called the Special Projects Group. While the California notice didn’t mention the specific projects where jobs are being cut, none of the locations… Continue Reading…
April 8, 2024
“Apple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared with the same period last year. The company, which trades as Hon Hai Precision Industry in Taiwan, recorded first-quarter revenue of 1.32 trillion New Taiwan dollars… Continue Reading…
April 8, 2024
“…The company’s board of directors has temporarily appointed Mala Murthy, chief financial officer, as Gorevic’s replacement and hired an executive search firm to determine a permanent successor. Shares of Teladoc closed up more than 1% Friday but are down about… Continue Reading…
April 8, 2024
“Samsung Electronics on Friday said it expects to post a 931% increase in first quarter operating profit, as chip prices rebound. Operating profit in the January-March quarter likely rose to 6.6 trillion Korean won ($4.89 billion), up 931% from a… Continue Reading…
April 8, 2024
“Johnson & Johnson on Friday agreed to buy Shockwave Medical for $12.5 billion in a deal that would help broaden its portfolio of medical devices used in treating heart diseases. The acquisition gives J&J access to a device that uses shockwaves to break… Continue Reading…
April 5, 2024
“…Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for a rise of 200,000 and higher than the downwardly revised 270,000 gain in February, the Labor Department’s Bureau of Labor Statistics reported Friday…” https://www.cnbc.com/2024/04/05/job-growth-totaled-303000-in-march-better-than-expected-and-unemployment-was-3point8percent.html I dont… Continue Reading…
April 5, 2024
“Cuban President Miguel Diaz-Canel said on Thursday his communist-run government has secured supply of key subsidized food rations as he moved to defuse tensions just two weeks after protesters took to the streets over widespread shortages… The shortages, combined with… Continue Reading…
April 5, 2024
“A coalition of California companies is going to war with Gov. Gavin Newsom and his Democratic allies over taxes it says have grown out of control in the Golden State. The businesses have gathered enough signatures to put a measure on November’s… Continue Reading…
Recent Comments