Breadcrumb Trail Links PMN Business The US election on Tuesday will have far-reaching economic consequences, ranging from how Americans are taxed to how the country trades with the rest of the globe. Author of the article: Bloomberg News Enda Curran Published Nov 03, 2024 • 4 minute read Donald Trump during a campaign event in […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Christopher Rugaber Published Nov 03, 2024 • Last updated 4 hours ago • 4 minute read FILE – Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, on Sept. 18, 2024. Photo by Ben Curtis […]
Article content NEW YORK (AP) — Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems. Paint-maker Sherwin-Williams will also replace chemical company Dow Inc. among the companies that make up […]
Article content DALLAS (AP) — Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it is looking for ways to “ensure the long-term viability” of the casual dining brand after closing many of its branches this year. The Dallas-based company filed for Chapter 11 bankruptcy protection in a Texas federal court. TGI Fridays Executive […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Josh Funk Published Nov 02, 2024 • Last updated 2 hours ago • 3 minute read FILE – Shareholder Tina Schmidt of Cozad, Neb., wears a shirt with Warren Buffett’s portrait in the style of an Andy Warhol painting at the Berkshire Hathaway […]
Breadcrumb Trail Links PMN Business Activists would push a new Republican administration to boost coal-fired power, block EPA science and challenge models of global warming. Author of the article: Bloomberg News Ari Natter Published Nov 02, 2024 • 4 minute read Homes in front of the John E. Amos coal-fired power plant in Poca, West Virginia, U.S., on Friday, […]
Breadcrumb Trail Links PMN Business Both Donald Trump and Kamala Harris’s teams are quietly preparing their governments-in-waiting, even as the two nominees remain focused on actually winning the presidency in the final days of an incredibly close election on Tuesday. Author of the article: Bloomberg News Nancy Cook Published Nov 02, 2024 • 4 minute […]
Article content (Bloomberg) — President Joe Biden will not attend a major UN climate change summit opening just days after the US election and set to shape the country’s approach to the issue for years to come. Biden’s absence at the high-level COP29 negotiations was confirmed by a person familiar with the matter who wasn’t […]
Article content (Bloomberg) — Air Canada posted quarterly earnings that beat estimates while announcing a new buyback program, boosting the airline’s shares the most in more than a year. The Montreal-based company raised its full-year outlook for adjusted Ebitda, a measure of profit that excludes items such as taxes and interest, to C$3.5 billion ($2.5 […]
Article content (Bloomberg) — Canada’s largest pension fund and Singapore’s GIC Pte are in advanced talks to back PSG Equity’s plan to transfer $1.8 billion of company stakes into a new vehicle designed specifically for this type of asset-shifting. PSG plans to move roughly a half-dozen investments from several older funds into a new one […]