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U.S. Housing Starts Reach 12-Year High in August

U.S. Housing Starts Reach 12-Year High in August0 Comments U.S. homebuilding reached a more than a 12-year high in August as both single- and multi-family housing construction sped up, suggesting that lower mortgage rates finally gave the housing...

Chewy Shares Fall on Wider-Than-Expected Quarterly Loss

Chewy Shares Fall on Wider-Than-Expected Quarterly Loss0 Comments Online pet-products retailer Chewy, Inc. (NYSE: CHWY) delivered better-than-expected revenue for its second quarter of 2019 but missed earnings forecasts, sending shares down as...

General Mills Announces First Quarter Financial Results

General Mills Announces First Quarter Financial Results0 Comments Shares of General Mills, Inc. (NYSE: GIS) are down about 2% on Wednesday after the food manufacturer posted mixed first quarter financial results. The Golden Valley,...

Oil Prices Rise after Attacks on Saudi Arabia Facilities

Oil Prices Rise after Attacks on Saudi Arabia Facilities0 Comments Oil prices witnessed a sharp rise over the weekend after Saudi Arabia’s oil facilities were attacked during pre-dawn hours on Saturday. The attacks eliminated more than half of...

Kraft Heinz Slips as 3G Capital Cuts Stake

Kraft Heinz Slips as 3G Capital Cuts Stake0 Comments Kraft Heinz Company (NASDAQ: KHC) stock fell as much as 3.8% on Tuesday after its second-largest shareholder 3G Capital Partners sold more than 25 million shares in the American food giant. The...

Tens of Thousands of GM Auto Workers Go on Strike

Tens of Thousands of GM Auto Workers Go on Strike0 Comments The United Auto Workers union (UAW) went out on strike against General Motors Company (NYSE: GM) Sunday night, marking the first work stoppage in the U.S. auto industry in more than a...

U.S. Consumer Prices Rise a Slight 0.1% in August

U.S. Consumer Prices Rise a Slight 0.1% in August0 Comments Consumer prices slowed in August, reflecting a sizeable drop in the cost of gasoline and other energy products. The Consumer Price Index (CPI), which measures what Americans pay for...

New York City Sues Chipotle, Alleging Labor Law Violations

New York City Sues Chipotle, Alleging Labor Law Violations0 Comments Chipotle Mexican Grill, Inc. (NYSE: CMG) is being sued by New York City Mayor Bill de Blasio’s administration, the Department of Consumer and Worker Protection (DCWP) announced...

Blockchain Startup CasperLabs Raises USD 14.5 Million to Solve “Scalability Trilemma”

Blockchain Startup CasperLabs Raises USD 14.5 Million to Solve “Scalability Trilemma”0 Comments Blockchain startup CasperLabs said it has raised USD 14.5 Million in a Series A funding round led by international financier Terren Piezer, via his...

Amazon to Host Nationwide Career Day to Fill 30,000 Roles

Amazon to Host Nationwide Career Day to Fill 30,000 Roles0 Comments Amazon.com, Inc. (NASDAQ: AMZN) is hosting a Career Day later this month as the Company seeks to fill 30,000 permanent positions across the U.S. The e-commerce giant said it will...