Markets rise on US rate cut optimism; Tesla shares jump 10% after better-than-expected car sales – business live | Business

Important Events GSK buys all rights to influenza and coronavirus vaccines from CureVac GSK It has acquired all rights to develop, manufacture and sell mRNA vaccines for influenza and COVID-19 from a German pharmaceutical company. Cure Back. Britain’s second-largest pharmaceutical company will pay 400 million euros upfront and up to an additional 1.05 billion euros […]
Gotti family business ordered to clean up toxic chemicals, pay $210K fine over NYC scrap yard mess

It was an offer they couldn’t refuse. A family-owned business controlled by the Gotti family has agreed to pay at least $210,000 in fines and clean up toxic chemicals that spilled from a scrap yard in Queens. According to the settlement The announcement was made Tuesday by state Attorney General Letitia James. LSM Auto Parts […]
Energy, Business Groups Ask Supreme Court To Stop California From Forcing EVs On The Rest Of America

Numerous trade associations are asking the Supreme Court to review a lower court’s decision that effectively allowed California to push electric vehicles (EVs) on the rest of the U.S. The coalition of plaintiffs are asking the highest court in the land to take up a review of the D.C. Circuit’s dismissal of a previous challenge […]
Tesla, deliveries, Elon Musk | Fox Business

Stephen Gengaro, a managing director at Stifel, said there are “multiple layers” to Tesla and its valuation. Tesla delivered more electric vehicles than expected in the second quarter. The Elon Musk-led company said on Tuesday it delivered 443,956 vehicles during the quarter, down about 4.8% from the same period a year ago. Still, the figure […]
1 Minute Headlines on Business [Jun 27, 2024 (Thu)]

Keep Abreast of the Current Affairs in 1 Minute! Background Music: Banjo Hop – Audionautix.mp3 01: … source
Monkey business! Meet Ticky, NYC’s viral-sensation tow-trucking primate

It’s a jungle, exactly the kind of scenery she likes. A 3-year-old spider monkey named Tikki made a funny special appearance recently in the Bronx, wearing a diaper while frolicking around his owner’s tow truck. “Everybody wants to take a picture with her,” “Junior,” 40, told The Washington Post on Monday, referring to his lanky […]
A trick for cheaper business class awards, Chase incorrectly denying bonus points and a new Hyatt brand (Saturday Selection) – Frequent Miler

Chase accidentally denies cardholders Sapphire Preferred Welcome Offer points, Hyatt acquires new brand, hacks for booking Business Class awards cheap, and more: all of this and more in this week’s Saturday Selection, a weekly roundup of interesting tidbits from around the internet (links to each article are embedded in the title). Chase mistake results in […]
NYC halal cart kingpin sues rival for trying to steal his prime spots, hiring vagrants to disrupt business

It’s an Intifuda! The halal food vendor claims his 10-stall empire in Midtown has been upended by jealous rivals who tried to take his prime location, hired vagrants to sabotage his business and even had him wrongfully arrested. Ayman Afifai’s American dream became a nightmare because of the “petty” pranks of Nasser Aissa, a fellow […]
UK economy grew faster than thought in first quarter of 2024 – business live | Business

Introduction: UK grows better than expected in Q1 Good morning and welcome to our continuing coverage of business, financial markets and the global economy. The British economy has emerged from a brief recession last year and is growing at a faster pace than expected at the start of this year. The latest GDP data released […]
Levi’s shares drop 15% amid weakness in wholesale business

Shares of denim maker Levi Strauss & Co. fell more than 15% on Thursday after the company reported weak second-quarter earnings due to a slump in its wholesale business. Despite denim dominating the latest fashion trends, including a resurgence of the short shorts of the early 2000s, the San Francisco-based company reported that its wholesale […]