World
Explosion damages hotel in Cuban capital; 8 deaths reported
The covered body of a victim lies on the street after an explosion destroyed the Hotel Saratoga, in Havana, Cuba May 6, 2022. Alexandre Meneghini | Reuters A powerful explosion apparently caused by a gas leak blew away much of the outer walls from a five-star hotel in the heart of Cuba’s capital on Friday […]
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CDC investigating 109 cases of severe hepatitis in children across 25 states and territories, including 5 deaths
The Centers for Disease Control and Prevention (CDC) headquarters in Atlanta, Georgia. Tami Chappell | Reuters The Centers for Disease Control and Prevention is investigating 109 cases of severe hepatitis, including five deaths, the public health agency said on Friday. Ninety percent of the children were hospitalized and 14% required liver transplants, according to the […]
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These stable super performers offer a smooth ride and beat the market
There are still several stocks with good track records that are doing well, even as it gets harder for investors to find safe places amid the market swoon. Source
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Nvidia didn’t tell investors enough about effects of crypto mining on its business, SEC says
A sign is posted in front of the Nvidia headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan | Getty Images Nvidia will pay $5.5 million as part of a settlement with the SEC that it did not properly inform investors about how cryptocurrency miners were stoking demand for its graphics cards. Nvidia […]
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Ice cream freezers to get ‘warmed up’ in trial by Ben & Jerry’s owner
According to Unilever, the industry standard for freezer temperatures in many markets stands at minus 18 degrees Celsius (around 0 degrees Fahrenheit). The temperature of freezers in the trials will be minus 12 degrees Celsius. Chris Ratcliffe | Bloomberg | Getty Images Unilever — which owns brands including Ben & Jerry’s, Magnum and Wall’s — […]
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China’s Xi urges officials to ‘resolutely fight’ those who question zero-Covid policy
Xi Jinping seen giving a speech during the centenary of the founding of the Chinese Communist Party, in Fuyang on July 1, 2021. From a political perspective, 2022 is a particularly critical year for China, as Xi is expected to gain an unprecedented third term this fall at the 20th National Party Congress, alongside a […]
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Job growth accelerated by 428,000 in April, more than expected as jobs picture stays strong
The U.S. economy added slightly more jobs than expected in April amid an increasingly tight labor market and despite surging inflation and fears of a growth slowdown, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls grew by 428,000 for the month, a bit above the Dow Jones estimate of 400,000. The unemployment rate was […]
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Bitcoin drops nearly 10% as $126 billion is wiped off the cryptocurrency market
Bitcoin fell sharply after a sell-off of major U.S. stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq index. Luke MacGregor | Bloomberg | Getty Images Bitcoin cratered on Thursday as a major stock sell-off in the U.S. spooked the cryptocurrency market. Bitcoin was down about 9.6% at $35,743.22 on […]
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Boris Johnson’s Conservatives suffer losses in UK local elections, amid scandal and cost-of-living crisis
PETERBOROUGH, England – Ballot papers are counted at Peterborough Arena, for the U.K.’s local government elections. Prime Minister Boris Johnson’s Conservative Party suffered significant losses, particularly in London. Paul Marriott/PA Images via Getty Images LONDON — The U.K.’s ruling Conservative Party has lost a slew of seats in local elections across England, dealing a potential […]
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Asset manager says buy the dip: There are opportunities ‘literally right now’
Asset manager Michael Yoshikami reveals the stocks to consider buying right now. Source
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