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in Business & EconomyCity gives $13.5 million to Yellow Banana grocery store – Chicago Tribune
Krystal Bell organizes bagged lettuce in the produce section of Save-A-Lot grocery store on the 7200 block of South Stony Island Avenue in Chicago on July 15, 2022. Yellow Banana grocery store is getting $13.5 million of the city of Chicago to renovate stores and open new grocery stores. (Chris Sweda/Chicago Tribune) Yellow Banana plans […] More
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in Business & EconomyMonday’s merger brings new hope to investment bankers facing talks of job cuts
A flurry of merger deals on Monday marked a bullish sign amid talk of lower bonuses and potential layoffs awaiting investment bankers on Wall Street. Monday’s more than $12 billion parade included the privatization of Avalara Inc. AVLR by Vista Equity, -0.06% for $8.4 billion, followed by the $3 billion acquisition of InSinkErator garbage disposals […] More
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in Business & EconomyOil ends higher, extends rebound from 6-month low
Oil futures ended higher on Monday, extending a rebound after major benchmarks last week traded at their lowest levels since February on concerns about the outlook for demand. price action West Texas Intermediate crude for delivery in September CL00, +1.39% CL.1, +1.39% CLU22, +1.39% rose $1.75, or 2%, to close at $90.76 a barrel on […] More
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in Business & EconomyBuying Axios comes with sticker shock
Comment this story Comment It’s hard to resist the siren call of digital media startups, even in a tough market like this. This was clearly illustrated on Monday by the high price that Cox Enterprises, owner of the Atlanta Journal-Constitution, agreed to pay to buy the prominent startup Axios. The $525 million aggregate valuation Cox […] More
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in Business & EconomyThe Australian Central Bank proposes the concept of digital currency
Australia’s central bank announced on Tuesday (August 9) that it will now begin year-long research into the merits of a central bank digital currency (CBDC), with particular emphasis on the potential benefits it will have. for the Australian economy. This program is a partnership between the Reserve Bank of Australia (RBA) and the Digital Finance […] More
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in Business & EconomyVW and Audi recalled for risk of airbag explosion
Volkswagen Group of America is recalling about 1,200 of its 2016 model year vehicles due to concerns about a defective airbag part that could cause the airbag housing to explode. According to a recall notice dated July 27, a faulty airbag inflator could send sharp metal fragments hitting people inside the vehicle, resulting in serious […] More
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in Business & EconomyHere’s why Taiwan doesn’t think China will impose ‘tougher economic sanctions’
Immediately after Speaker of the House Nancy Pelosi’s historic and highly publicized visit to Taiwan, China responded with a series of military exercises around the island and imposed several trade restrictions, including bans on the import of fish. and fruit. Tensions between China and Taiwan have long simmered amid China’s assertion that Taiwan is in […] More
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in Business & EconomyWilson Tennis illuminates racquets with a night session design, as part of a larger racquet aesthetic strategy
The Wilson Night Session collection features reflective decals on three Wilson racquet frames. Wilson The US Open lights up the moonlit hours at the Billie Jean King National Tennis Center. Wilson Tennis embraces the popular feature of the year’s major final with the creation of a new Night Session collection, featuring three reflective tennis racquets, […] More
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in Business & EconomyGoogle data center three people in critical condition Council Bluffs Police Department
Three electricians were critically injured and transported to a local hospital after an “electrical incident” at a Google data center in Council Bluffs, Iowa, according to the Council Bluffs Police Department and Google. The incident occurred at 11:59 a.m. local time on Monday, the Council Bluffs Police Department told SFGATE. Three electricians were working on […] More
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in Business & EconomyOlivia Newton-John has died aged 73
Topline Actress and singer Olivia Newton-John, known for her roles in classic movies like Fat and Xanadudied Monday at age 73, her husband John Easterling announced in a statement on Facebook. Actresses and co-stars Stockard Channing, left, and Olivia Newton-John prepare for their … [+] roles in the film version of ‘Grease’, in Los Angeles, […] More