Randy Bachman, best known as the former Guess Who guitarist, has found his very first guitar after losing it more than 45 years ago.
Andi Widjajanto, former cabinet secretary and unofficial adviser to President Joko Widodo, who is popularly known as Jokowi, told Reuters the two leaders would join the summit. "Jokowi told me that Xi and Putin are both planning to attend in Bali," Widjajanto, who heads the National Resilience Institute, told Reuters.
LOS ANGELES (AP) — The housing market's comedown from its high-flying days early this year is deepening, with home sales in July falling for the sixth straight month. Sharply higher mortgage rates, surging inflation and prices that remain near all-time highs are making homes less affordable. Sales fell 20.2% from July last year, reaching the slowest pace since May 2020, near the start of the pandemic. But the slowdown has begun to tip the homebuying equation, if ever so slightly, in favor of hou
Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced results for the First Half of 2022 and select results for the Second Quarter of 2022. Swvl's condensed unaudited interim financial statements for the six-month periods ended June 30, 2022 and 2021, and supplementary information are available on Swvl's website here.
(Reuters) -Kohl's Corp cut its full-year sales and profit forecasts on Thursday, squeezed by steeper discounts and higher costs amid dwindling demand for clothing and shoes in the face of high inflation, sending its shares down 5%. The U.S. department store chain joined top retailers including Target Corp and Best Buy Co to warn of a profit squeeze, as decades-high inflation has made Americans wary of opening their wallets for apparel and other discretionary goods. The demand slump has left several retailers with bloated inventories, forcing them to offload excess stocks through steep discounts and clearance sales heading into the back-to-school season.
U.S. stocks closed lower on Wednesday, with indexes volatile after minutes from the Federal Reserve's meeting in July suggested policymakers may be less aggressive than previously thought when they raise interest rates in September. Major indexes sharply cut their losses after the release of the minutes, with the Dow briefly turning positive, before they returned to earlier lower levels. Weak results from Target weighed on the market for much of the session, along with megacap growth shares including Amazon.com.
This top Canadian energy stock pays a great base dividend and is giving investors generous bonus payouts. The post TFSA Passive Income: 1 Great Canadian Dividend Stock That Still Looks Cheap appeared first on The Motley Fool Canada.
Unifor's Bell Clerical and Associated Employees Bargaining Committee ratified a four-year deal with Bell Canada on Thurs., Aug. 18, 2022.
WASHINGTON (Reuters) -General Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said on Thursday. Ultium Cells LLC "is developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana," she said, adding that Ultium had submitted a tax abatement application that it hopes will be approved later this month. Production at Ultium's first U.S battery cell plant in Warren, Ohio is set to begin later this month.
NEW YORK (AP) — A top executive at former President Donald Trump’s family business pleaded guilty Thursday to evading taxes on a free apartment and other perks, striking a deal with prosecutors that could make him a star witness against the company at a trial this fall. Allen Weisselberg, a senior Trump Organization adviser and formerly the company’s longtime chief financial officer, pleaded guilty to all 15 of the charges he faced in the case. In a low, somewhat hoarse voice, Weisselberg admitt
425 million grams of unpackaged dried cannabis destroyed, highlighting industry's issue of producing more than it can sell
Get paid decent dividend income while you wait for price appreciation from this diversified group of TSX growth stocks. The post 3 TSX Growth Stocks That Pay You to Wait appeared first on The Motley Fool Canada.
When making your travel budget, don’t assume that lodging and airfare will be your biggest expense. Now, more than ever, rental cars are shaping up to be one of the biggest — and stubbornly high — aspects of people’s vacation budgets. While airfare and lodging prices are certainly near all-time highs, rental cars are among the biggest price increases of all travel expenses. When comparing prices for July 2022 versus July 2019 (the last normal summer pre-pandemic), hotel prices are up 7% , accord
(Reuters) -Target Corp reported a bigger-than-expected 90% fall in quarterly earnings on Wednesday and missed estimates for comparable sales as it struggled to lure inflation-hit shoppers with steep discounts on apparel, electronics and home goods. As Target relies more on discretionary categories, it is prone to take a bigger hit during tougher times than its rivals such as Walmart Inc, where groceries and packaged food items get more shelf space. Walmart beat profit estimates as its core base of low-to-middle income shoppers flocked to its stores for bargains on groceries.
Instagram and Facebook suspended Children's Health Defense this week after the anti-vaccine group led by Robert Kennedy Jr. repeatedly violated rules prohibiting misinformation about COVID-19. A nonprofit, Children's Health Defense is one of the most influential anti-vaccine organizations active on social media, where it has spread misleading claims about vaccines and other public health measures designed to control the pandemic. In a statement, Kennedy compared Facebook's actions to government
A major Japanese auto lobby said it was concerned about a new U.S. law that restricts tax credits for electric vehicles to those assembled in North America. The Biden administration said on Tuesday about 20 models still qualify for tax credits of up to $7,500. Credits end immediately for about 70% of the 72 models that were previously eligible, according to the Alliance for Automotive Innovation, an industry trade group.
BELGRADE, Serbia (AP) — Wartime rivals Serbia and Kosovo are holding high-level crisis talks on Thursday which European Union mediators hope will de-escalate growing tensions in the Balkans, where Russia has tried to further increase its influence amid the war in Ukraine. Hopes that the rare face-to-face meeting between Serbian President Aleksandar Vucic and Kosovo Prime Minister Albin Kurti, to be held in Brussels, could produce a major breakthrough are slim. But Western officials overseeing th
LONDON (AP) — Thousands of train workers in Britain staged a new round of strikes Thursday, paralyzing rail service across the country in an escalating dispute over pay and working conditions exacerbated by a deepening cost-of-living crisis. Only around one in five trains ran across the U.K. as a result of the walkout by union members, who have already staged multiple strikes in recent months. A strike planned for Friday is expected to affect most of the London Underground subway network as well
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced August 2022 cash distributions for unitholders of RBC ETFs, as follows:
Tredence Inc., a leading data science solutions provider focused on solving the last mile problem in AI, has announced capability development investments and partnerships to expand and strengthen its 'data on cloud' migration and modernization solutions that will accelerate Data and AI outcomes for its enterprise customers.
From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such "aspirational" purchases. Executives are troubled in particular by a hit to young Chinese shoppers, not only because mainland China has been a major driver of the industry's growth in recent years, but also because high end consumers in the world's second-largest economy are a decade younger than the global average of 38. Young adults around the world have been "a very strong factor of luxury growth over the past decade," said Gregory Boutte, chief client and digital officer at Gucci-owner Kering.
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