business news
Distressed sales and 9-figure discounts: Hard-to-sell mega-mansions find a last resort at real estate auction
An aerial view of the grounds of Villa Firenze in Beverly Hills, California. Concierge Auctions When high-priced mega mansions for sale languish on the market — sprawling, flashy and unable to attract a buyer — some owners turn to a double-edged option: a real estate auction. The auction block can move trophy properties with nosebleed-worthy […]
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Use this ‘golden toggle’ to determine when to buy in this choppy market, Leuthold says
One feature of a commonly referenced measure of investor sentiment historically triggers some of the market’s best buying opportunities. Source
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U.S. is taking ‘a close look’ at whether to label Russia a state sponsor of terrorism. Here’s what that means
WASHINGTON — As the international community seeks new ways to increase economic pressure on the Kremlin for its brutal war against Ukraine, the idea of labeling Russia a state sponsor of terrorism has recently gained attention within the Biden administration. Ukrainian President Volodymyr Zelenskyy asked U.S. President Joe Biden to designate Russia a state sponsor […]
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A $1 million winning Powerball ticket will expire soon. Here’s how much lottery players leave on the table
Justin Sullivan | Getty Images Powerball players may want to make sure they’re looking more closely at their numbers after each drawing. In about two weeks — on May 5 — a ticket purchased in Michigan a year earlier and worth $1 million will expire. And just last month in Maryland, no one came forward […]
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CEO of online grocer Boxed says if gas prices stay high, so will grocery bills
Online grocer Boxed CEO Chieh Huang said shoppers may have to get used to paying more to fill up the fridge and pantry — especially if gas prices stay elevated. Huang told CNBC’s “TechCheck” higher fuel prices are the main driver of steeper costs in the company’s e-commerce business. Boxed sells bulk groceries, which are […]
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Robinhood revives plans to launch in the UK with deal to buy crypto app Ziglu
A woman holds a smartphone with the Robinhood logo in the background. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Robinhood said Tuesday it has agreed to buy Ziglu, a London-based fintech app that lets users trade bitcoin and several other cryptocurrencies. The acquisition will help Robinhood expand into the U.K. and Europe, […]
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Amazon must reinstate fired worker who led protest over working conditions, judge rules
Amazon workers at Amazon’s Staten Island warehouse strike in demand that the facility be shut down and cleaned after one staffer tested positive for the coronavirus on March 30, 2020 in New York. Angela Weiss | AFP | Getty Images Amazon has been ordered to reinstate a worker who was fired after leading a protest […]
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One dead after police fire on protesters in Sri Lanka amid bailout talks with IMF
Mounting frustration over inflation, scarcity and lengthy power cuts brought demonstrators in the Sri Lankan capital Colombo on Monday. Angry protestors called for the resignation of President Gotabaya Rajapaksa and his brother, Prime Minister Mahinda Rajapaksa. Buddhika Weerasinghe | Bloomberg | Getty Images Sri Lankan police fired live ammunition to scatter protesters on Tuesday, killing […]
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Stocks making the biggest moves midday: Twitter, Johnson & Johnson, WeWork and more
Vials labelled “COVID-19 Coronavirus Vaccine” and syringe are seen in front of displayed Johnson & Johnson logo in this illustration taken, February 9, 2021. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Tuesday. Johnson & Johnson — Shares of the pharmaceutical and consumer giant gained 3% after the company beat […]
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Dr. Oz has close ties to the wealthy du Pont family heirs, and they’re backing his GOP bid for Pennsylvania’s Senate seat
Veteran physician and Pennsylvania Senate candidate Dr. Mehmet Oz has little-known, but close ties to the heirs of the DuPont chemical fortune who are financially backing Oz’s Senate run, according to a review of campaign finance records. Oz, who amassed his own multimillion-dollar fortune as the host of “The Dr. Oz Show,” is related to […]
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