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The best business news
Nike CEO Donahoe steps down
Nike CEO, John Donahoe, will be stepping down on October 13, according to a company press release. He will be...
Three Mile Island to power up again for Microsoft
The iconic Three Mile Island nuclear plant will restart after a five-year hiatus to provide energy for Microsoft data center’s...
Dow and S&P Indexes close at historic highs
The NY Stock Exchange ended Thursday on a record high with the Dow Jones Index rising 1.3% to 42025, Standard...
Oil prices maintain upwards momentum
Brent crude hit $75 per barrel today up from last Tuesday’s minimum of $69 per barrel, as prices continue on...
Bitcoin rises on Fed rate cut
Bitcoin rose approximately 2.9% to reach $62,000 Thursday on news that the US Federal Reserve cut rates by 0.5% on...
Tupperware seeks Chapter 11 protection
Iconic US brand Tupperware announced this Wednesday that it has requested bankruptcy protection. The company hired Kirkland & Ellis as...
Jop openings rates down in four states, up in one
Job openings rates decreased in four states in July with the largest drops in Minnesota with -1.3% and Massachussets and...
Stock indexes finish Tuesday mixed
The US principal stock indexes had mixed results at the end of Tuesday in the wake of today’s much anticipated...
Fed surprises with 50 basis point rate hike
The US federal reserve surprised analysts with a larger than expected 50 basis point rate hike as 11 governors voted...
Energy Department short on cash for strategic petroleum reserve refill
The Energy Department has just $841 million to buy crude oil for the Strategic Petroleum Reserve (SPR), the equivalent of...
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