JPMorgan’s Jamie Dimon: Not out of the woods on recession, but ‘worst case would be stagflation’
Jamie Dimon said he wouldn’t take the prospect of a recession in the US “off the table,” but that the Federal Reserve should wait before it cuts interest rates. “The…
Zomato’s Blinkit sprints to quick commerce dominance in India
Even as quick commerce is slowly fading in many markets and several heavily-funded startups have folded in the past two years, India is emerging as a striking outlier where the…
NYCB closes $1 billion capital infusion deal, announces reverse stock split By Reuters
© Reuters. FILE PHOTO: A man walks past a closed branch of the New York Community Bank in New York City, U.S., January 31, 2024. REUTERS/Mike Segar/File Photo (Reuters) -New…
Nascar-loving North Carolina goes all in on mobile and online sports gambling
Some of the interactive sports wagering operators, which include big names in the growing field of legalized gambling, and their affiliates held special events to highlight the new gambling options…
The loneliness of the robotic humanoid
Perhaps a few years from now, the halls of the Georgia World Congress Center will be peppered with humanoid robots the week of Modex. In 2024, however, Digit stands alone…
NewLake Capital Partners posts record results, plans uplisting By Investing.com
© Reuters. NewLake Capital Partners, a cannabis-focused real estate investment trust (REIT), has announced record financial outcomes for the fourth quarter and the full year of 2023 in its latest…
Boeing’s awful start to 2024 just got worse after 50 people were injured on one of its planes due to a ‘technical event’
Boeing’s tumultuous year went from bad to worse on Monday after a “technical event” led a 787-9 Dreamliner to nosedive, injuring 50 people on a flight from Sydney to Auckland,…
Reddit’s planned IPO share price seems high, unless you look at its AI revenue
Reddit’s IPO plans are coming into focus with a new S-1 filing released Monday morning that sets an initial price range for its stock at $31 to $34 per share….
Marks and Spencer upgraded to Outperform by RBC Capital By Investing.com
© Reuters. On Monday, RBC Capital made a positive adjustment to the rating of Marks and Spencer Group Plc (LON::LN) (OTC: MAKSY (OTC:)), raising the stock from ‘Sector Perform’ to…
Parents spend nearly $17,000 a year to help their adult kids, survey says
A parent’s job is never really over, they say. But these days, instead of simply dishing out some hard-won wisdom or offering to babysit the grandchildren, 47% of American parents…