Union plans to escalate action over job losses at two steelworks in Wales | Steel industry
Trade union leaders are preparing to intensify strike action at two south Wales steelworks as a dispute over the cuts of around 3,000 jobs intensifies, threatening to become a major issue in the general election. Unite said the measures at the Port Talbot and Llanwern plants were planned after the plants’ Indian owner, Tata Steel, […]
Gold prices steady but head for steep weekly losses as rate cut hopes wane – Investing.com
Investing.com — Gold prices were steady in Asian markets on Friday, but the metal has fallen sharply throughout the week after slipping from record highs on concerns about higher U.S. interest rates for a long time. Interest rate concerns have pushed up prices and weighed on metals prices across the board, with copper also falling […]
Disney CEO blames huge losses on telling too many stories
At a recent investor conference, Disney CEO Bob Iger blamed the company’s huge losses on spreading itself over too many projects. Speaking at the 2024 Moffett Nathanson Media and Communications Summit, Iger explained why he believes projects like streaming platform Disney+ are hurting the company’s bottom line. “Because we entered the streaming business in a […]
Homeowners insurance costs rising amid mounting weather-related losses, inflation: report
Condominium Global host and FOX News real estate contributor Katrina Campins weighs in on February housing statistics and NAR’s proposed new commission rules. A new Moody’s report says homeowners are struggling with higher premiums as companies that offer homeowners insurance seek to mitigate rising losses from weather-related incidents and inflation that are hurting profits. They […]
Planet Fitness membership losses ‘significant’ after transgender situation
Planet Fitness has admitted that one of its gyms caused a media firestorm by allowing transgender customers to shave in the women’s locker room, resulting in a “pretty significant” drop in memberships, the company said. plans to increase prices by 50%. Management on Thursday lowered its sales and profit forecasts, citing in part the March […]
North Macedonia elects first woman president as center-left incumbents suffer historic losses
North Macedonia elected its first female president on Wednesday, as the ruling Social Democratic Party suffered historic defeats in twin presidential and parliamentary elections. Conservative supporter Gordana Silyanovska-Davkova, a 70-year-old law professor, received more than two-thirds of the votes in the presidential run-off and was declared the winner with nearly 65% support. “What could be […]
CEO Mary Barra Says GM ‘Committed to China’ Despite Quarterly Losses
Despite a loss in the first quarter of 2024, General Motors (GM) CEO Mary Barra said the Detroit-based automaker plans to go all-in on electric vehicles (EVs). “We are fully committed to China,” he said. According to CNBC, GM posted a $106 million loss in China in the first quarter of this year. report. This […]
Mark Zuckerberg’s Metaverse Ambitions Persist Despite Billions in Losses for Meta
Mark Zuckerberg’s Meta Inc. (formerly known as Facebook) has announced that its Reality Labs division has suffered significant financial losses, including a staggering $3.8 billion loss in the first quarter of 2024. Despite this, they continue to invest heavily in his Metaverse initiative. quartz report When Mark Zuckerberg rebranded Facebook to “Meta” in 2021, he […]
Yankees fall to Blue Jays, suffer consecutive losses for first time this year
TORONTO — The Yankees played north of the border on Monday, but the offense appeared to be stuck in customs. In the series opener Monday night at Rogers Center, Chris Bassitt silenced Yankees batters for 6 1/3 innings, leading the Blue Jays to a 3-1 victory. Former Mets right-hander Bassitt allowed just one run and […]
How to handle sports betting income, losses for April 15 tax deadline
Commercial Content 21+. Just when you thought you hit the big score in sports betting, Uncle Sam comes knocking every year to collect your winnings. So if you make a lot or a little money on post-action betting picks, April 15th is the deadline to declare it as taxable income. Perhaps you got my prediction […]