Billionaire whose family trust owns the Tottenham Hotspur soccer club pleads guilty to insider trading in New York
Billionaire whose family trust owns the Tottenham Hotspur soccer club pleads guilty to insider trading in New York
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US economy grew at a surprisingly strong 3.3% pace last quarter
WASHINGTON — The nation’s economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households. Thursday’s report from the Commerce Department said the gross domestic product — the economy’s total output of…
In-N-Out to close first location in its 75-year history due to a wave of car break-ins and robberies
OAKLAND, Calif. — In-N-Out Burger says it will close its first location in its 75-year history due to a wave of car break-ins, property damage, theft and robberies affecting customers and employees alike at its only restaurant in Oakland, California. The fast-food burger joint in a busy corridor near Oakland International Airport will close on…
Bud Light teases ‘humorous’ Super Bowl ad that returns to iconic style
Bud Light is back in the game. The controversial beer brand launched a teaser Thursday for what is promised to be a humorous Super Bowl commercial, marking a return to basics after a months-long boycott that cost it its best-selling beer title. “The Super Bowl is advertising’s biggest moment, and our goal is to once…
Dick Bove, Famed Banking Analyst Now Retired, Says Dollar is ‘Finished’
Over his 54 years as a financial analyst, Richard X. Bove perfected the art of grabbing attention. Through thousands of newspaper interviews, cable news appearances and radio segments, Mr. Bove turned what can be a dull, by-the-numbers career into a more showy one. Weighing in on the economy and the inner workings of Wall Street,…
Amazon’s first labor union ‘pretty much broke’: report
Amazon Labor Union, the first group of Amazon workers to organize in the US, is reportedly struggling to make ends meet and is far from establishing a labor contract with the e-commerce giant, according to a report. ALU’s vice president Michelle Nieves told The Wall Street Journal that the organization is “pretty much broke.” Chris…
JetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline
NEW YORK — JetBlue Airways warned Friday that it may end its bid to acquire low-cost carrier Spirit Airlines as soon as this weekend, sending Spirit shares tumbling. A federal judge this month sided with the Justice Department and blocked JetBlue’s proposed $3.8 billion purchase of Spirit. The Justice Department sued to block the merger,…