Article content SAN FRANCISCO (AP) — Reddit will enter a new era as a publicly traded company with a market value of $6.4 billion after the social media platform’s initial public offering was priced at $34 per share. The price announced late Wednesday came in at the top end of the target range set by […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Larry Neumeister Published Mar 20, 2024 • 3 minute read FILE – FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York. The chief executive of the cryptocurrency company Sam Bankman-Fried founded attacked the onetime crypto power player on […]
Article content LITTLE ROCK, Ark. (AP) — Federal agents were involved in a shootout early Tuesday as they tried to serve a search warrant at the Little Rock home of the person who leads the Bill and Hillary Clinton National Airport, authorities confirmed. The Bureau of Alcohol, Tobacco, Firearms and Explosives said agents were trying […]
Article content MOUNT PLEASANT, S.C. (AP) — More toxic waste will be extracted from a World War II aircraft carrier in Charleston Harbor to prevent leakage that would imperil the commercial shipping industry and coastal ecosystems central to the South Carolina port city’s identity. The removal of over 1.2 million gallons (4.5 million liters) of […]
Article content (Bloomberg) — Oil prices are set to rise well above the current consensus view of $70 to $90 a barrel if the US Federal Reserve cuts interest rates in coming months, according to Carlyle Group LP’s Jeff Currie. “I want to be long oil and the rest of the commodity complex in this […]
Breadcrumb Trail Links PMN Business The Fed chief has been reluctant to make a call on how the US economy has changed since the pandemic. Author of the article: Bloomberg News Craig Torres Published Mar 17, 2024 • 5 minute read Join the conversation 7t85g5o)zj75ve698mpi4[c(_media_dl_1.png Source: Federal Reserve Article content (Bloomberg) — For Rick Plympton, […]
Breadcrumb Trail Links PMN Business Japan’s chief executives are preparing their businesses for the first rate hike since 2007, with the central bank widely expected to end its negative interest rate policy within weeks, or even days. Author of the article: Bloomberg News Reed Stevenson, Haslinda Amin and Grace Huang Published Mar 17, 2024 • […]
Article content (Bloomberg) — Australia’s carbon emissions aren’t dropping fast enough to reach its 2030 climate target, Oxford Economics said, as the rollout of renewable energy takes longer than initially anticipated. Australia is set to miss the goal by a couple of years, Oxford said Monday in an analysis contained in its bi-annual economic outlook. […]
Breadcrumb Trail Links PMN Business Vladimir Putin secured another six years as Russia’s president to step up his war in Ukraine and challenge the West, with the Kremlin claiming record public support for him in a vote whose outcome was pre-determined. Author of the article: Bloomberg News Bloomberg News Published Mar 17, 2024 • Last […]
Article content (Bloomberg) — Airbus SE employees in Canada rejected a contract offer Sunday, threatening to go on strike if the French manufacturer doesn’t show more willingness to meet their demands. A five-year contract for workers who build A220 jets expired at the beginning of December. Airbus’s offer, which included a 10.25% wage increase over […]