The school shooting at Oxford High School has raised questions about school counselors and what they can do when students appear to be in distress.
Currency market investors are less sure about the U.S. dollar's outlook now than they have been for many months, prompting sharp gyrations by the greenback last week despite red hot inflation data and a hawkish Federal Reserve. "Everybody had been positioned for a stronger dollar" going into the new year, said Jack McIntyre, portfolio manager at Brandywine Global. Then last week, the U.S. Dollar Currency Index, which tracks the greenback against six major currencies, fell as much as 1.2% before paring loses to finish the week down 0.6%.
B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce its total gold production and consolidated gold revenues for the fourth quarter and full-year 2021, in addition to its production and budget guidance for 2022. All dollar figures are in United States dollars unless otherwise indicated.
(Reuters) -UnitedHealth Group Inc on Wednesday said added costs of testing and treatment related to the recent surge in COVID-19 cases are being offset by postponements of non-urgent healthcare procedures, and the health insurer maintained its 2022 profit forecast. The comments should help allay investor concerns that the steep rise in COVID infections and hospitalizations driven by the Omicron variant of the virus in recent weeks would significantly drive up medical costs for health insurers. Adding to those concerns was a Biden administration initiative requiring insurers to reimburse Americans for up to eight at-home rapid COVID-19 tests per month, while setting no limit for tests, including at-home tests, that insurers must cover if they are ordered or administered by a healthcare provider.
PRINCE RUPERT, B.C. — Port officials in Prince Rupert, B.C., say 2021 was a difficult year as cargo volumes fell, but they are optimistic about a strong recovery. The Prince Rupert Port Authority released its annual cargo volumes report Tuesday showing 25 million tonnes moved through the facility last year, a 23 per cent decrease in year-over-year total volume. Pandemic- and weather-related supply chain disruptions, loss of a core coal customer, decreased shipments due to a poor crop year and a
MILAN (Reuters) -Prada sales bounced back sharply in 2021 as pent-up demand for luxury handbags and clothes helped push revenues above pre-pandemic levels, the Italian fashion group said. In an unscheduled trading update, Prada said on Tuesday that group sales last year rose 41% at constant exchange rates to 3.364 billion euros ($3.83 billion), 8% above 2019 levels. Milan-based Prada, known for its minimalist designs, was in the middle of a shift upmarket and online to revive sales when the coronavirus crisis hit, forcing retailers to shut stores around the globe and depriving them of key tourist spending.
"Retail investors bought a lot less than they typically would," Vanda's Ben Onatibia and Giacomo Pierantoni said about Tuesday's session. Vanda's research note comes as enthusiasm around so-called "meme stocks" also appears to be fading, a year on from the GameStop Corp frenzy when retail investors coordinated on online message boards to buy into heavily shorted stocks. Even Microsoft Corp's bumper $68.7 billion purchase of "Call of Duty" maker Activision Blizzard, the biggest gaming industry deal in history, failed to cheer up retail investors.
GUELPH, Ont. — Linamar Corp. says supply chain challenges and labour shortages deteriorated in the fourth quarter to materially hit both revenue and margins. The manufacturer says in a market conditions update Tuesday that it expected global light vehicle production to have climbed higher than expected in the fourth quarter, but higher costs for labour and logistics will weigh on its results. Guelph, Ont.-based Linamar says the labour and supply chain issues have "acutely impacted" its ability t
According to data released by the China Automotive Technology & Research Center, HiPhi X was the best-selling luxury electric vehicles with MSRP more than 500,000 RMB in both December and the second half of 2021. Designed and manufactured by industry-leading new mobility and intelligent driving company Human Horizons, the HiPhi X is equipped with the latest in technological innovation and all of the trimmings of a luxury vehicle to create a new segment of cars, TECHLUXE®.
The U.S. Securities and Exchange Commission (SEC) will vote next week to propose boosting hedge fund disclosures in a bid to enhance industry oversight and investor protections, the agency's chair said on Wednesday. Gary Gensler told reporters that the SEC will vote to propose rule changes to the Form Private Fund (PF) which many hedge funds and other private funds file quarterly detailing their purchases and sales of securities.
DALLAS (AP) — Some flights to and from the U.S. were canceled on Wednesday even after AT&T and Verizon scaled back the rollout of high-speed wireless service that could interfere with aircraft technology that measures altitude. International carriers that rely heavily on the wide-body Boeing 777, and other Boeing aircraft, canceled flights or switched to different planes following warnings from the Federal Aviation Administration and the Chicago-based plane maker. Airlines that fly only or mostl
As many struggle with information overload about the quickly changing COVID-19 landscape, a new digital tool launched by family doctors aims to help Ontarians cut through the confusion.
This is your sign to dig into Brookfield Renewable (TSX:BEP.UN)(NYSE:BEP) fundamentals, and see it as the value opportunity of a lifetime. The post Why Brookfield Renewable Is the Most Valuable Stock on the TSX Today appeared first on The Motley Fool Canada.
Solid Q4 production numbers, stellar outlook guidance, and surging silver prices are helping First Majestic Silver stock rally today. The post Why First Majestic Silver Stock Popped 12% Today appeared first on The Motley Fool Canada.
World Bank President David Malpass on Wednesday criticized Microsoft's $69 billion takeover of gaming developer Activision Blizzard as a questionable allocation of capital at a time when poor countries are struggling to restructure debts and fight COVID-19 and poverty. Malpass said during a Peterson Institute for International Economics virtual event that more capital needed to flow into poor countries, but these flows have been disrupted by unusually easy monetary policies in developed countries. He said he was struck by the scale of Microsoft's acquisition deal for "Call of Duty" maker Activision Blizzard.
NEW YORK (Reuters) -A U.S. appeals court on Wednesday revived a racketeering lawsuit accusing the consulting firm McKinsey & Co of concealing potential conflicts when seeking permission from bankruptcy courts to perform lucrative work on corporate restructurings. The 3-0 decision by the 2nd U.S. Circuit Court of Appeals in Manhattan was a victory for retired turnaround specialist Jay Alix, who accused McKinsey of running a "criminal enterprise" by hiding its ties to lenders and its clients' competitors. Alix said McKinsey's conflicts of interest should have disqualified it from 13 bankruptcies including American Airlines, food retailer Harry & David and coal producer Alpha Natural Resources, causing his former firm AlixPartners to lose assignments.
ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
FLAGSTAFF, Ariz. (AP) — Emergency management officials on the Pine Ridge reservation in South Dakota have a new building, but they have been operating out of an old jail that's set to be torn down. That's because the new building near a small airport doesn't have water and sewer connected, said Lislie Mesteth, who runs the Oglala Sioux Tribe's solid waste program. A new round of grant funding that the U.S. Department of Housing and Urban Development announced Tuesday will make those connections
LONDON (Reuters) -Inflation in Britain rose faster than expected to its highest in nearly 30 years in December, intensifying a squeeze on living standards and putting pressure on the Bank of England to raise interest rates again. The annual rate of consumer price inflation increased to 5.4% from November's 5.1%, the highest since March 1992, the Office for National Statistics said. Financial markets now price in a more than 90% chance that the BoE will raise its main interest rate to 0.5% on Feb. 3.
SILVER SPRING, Md. (AP) — Construction of new homes in the U.S. rose for the third consecutive month in December and data released Wednesday suggests that the frantic pace of building will continue this year. The December increase puts home construction at a seasonally adjusted annual rate of 1.7 million units, the Commerce Department reported Wednesday. In all of 2021, nearly 1.6 million housing units were started a 15.6% increase over 2020. The December housing data was boosted by multi-unit p
WASHINGTON (AP) — President Joe Biden said he believes Vladimir Putin doesn’t want full blown war in Ukraine and would pay a “dear price” if he moves forward with a military incursion. Biden, speaking at a news conference to mark his one-year anniversary in office, also said he believes that Russia is preparing to take action on Ukraine, though he doesn't think Putin has made a final decision. He suggested that he would limit Russia's access to the international banking system if it did further
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