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Stocks

“AMC completes $250 million stock sale during meme rally, shares jump 30%”

“AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze triggered by the return of “Roaring Kitty.” The movie theater operator sold 72.5 million shares in an at-the-market equity offering that… Continue Reading…

Economy

“A record 4.1 million Americans may retire this year: Financial planners say they should take these 5 steps”

“3. Delay Social Security…” https://finance.yahoo.com/news/record-4-1-million-americans-120000058.html That’s all you need to see from this article. This comment is so stupid its evil. Make no mistake this level of stupidity is evil. I’m going to tell you why this is evil. If… Continue Reading…

Stocks

“Wayfair shares surge after furniture retailer cuts losses by more than $100 million”

“Wayfair’s sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its workforce at the start of the year, the company announced Thursday… Wayfair shares closed more than 16% higher Thursday. The company’s reported net… Continue Reading…

Economy

“US job openings fall to 8.5 million in March, the lowest level in more than 3 years”

” U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates… Monthly job openings… Continue Reading…

Stocks

“Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says”

“ …” https://www.cnbc.com/2024/04/25/former-tesla-svp-drew-baglino-is-selling-181point5-million-worth-of-stock.html His sell of stock might not be long term. (over five years) There’s always the possibility of him just wanting to avoid the upcoming stock market crash. It’s going to happen and can’t be avoided. Once the… Continue Reading…

Business

“Warner Bros. Discovery Lost Money Last Year. Its CEO Got a $50 Million Payday.”

“Warner Bros. Discovery shares have slumped since the media and entertainment company was created two years ago, but that hasn’t dented its chief executive’s pay.  Last year, CEO David Zaslav received pay valued at $49.7 million, a 27% increase from 2022, the… Continue Reading…

Business

“Hertz loses another $200 million from its EVs”

“Car rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble… The company previously said it would sell off 20,000 EVs from its fleet, meaning it will now dispose of 30,000 EVs in its fleet… Continue Reading…

Business

“Centuri Up 10% After Raising $315 Million in IPO, Icahn Deal”

“…Shares in the infrastructure services business of power company Southwest Gas Holdings Inc. closed at $23.13 each on Thursday in New York, after a deal priced at $21 per share to raise about $314.8 million in total. Centuri sold 12.4… Continue Reading…

Business

“Americans Throw Away Up to $68 Million in Coins a Year. Here Is Where It All Ends Up.”

“…Americans toss as much as $68 million worth of change each year, according to Reworld. The sustainable-waste processing company is on a treasure-hunt to find it. The company says that in the seven years since it started the effort, it… Continue Reading…

Economy

“Fears Sadiq Khan will bring in pay-per-mile road taxes after spending £3m on project”

“Sadiq Khan spent £3 million of taxpayers’ money planning a pay-per-mile road charging system, amid fears he could bring the scheme in if he is re-elected. Transport officials were working on a driver charging project as recently as January, even though… Continue Reading…