Explore the exciting world of Houlihan Lokey (NYSE: HLI) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices
Explore the exciting world of Houlihan Lokey (NYSE: HLI) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices
Apple Inc. is closing its retail store in Towson, Maryland — a location that drew national attention in recent years as the center of a rare unionization effort by the iPhone maker’s employees. The company said Thursday that the store, located at Towson Town Center mall, will permanently shut down in June and will not be replaced. Apple said in a statement that the closure is due to the “departure...
Apple Inc. is closing its retail store in Towson, Maryland — a location that drew national attention in recent years as the center of a rare unionization effort by the iPhone maker’s employees. The company said Thursday that the store, located at Towson Town Center mall, will permanently shut down in June and will not be replaced. Apple said in a statement that the closure is due to the “departure of several retailers and declining conditions” at the mall and called it a “difficult decision.” Employees were informed of the move on Thursday morning, when Apple closed the store to customers and held a meeting with staff, managers and human resources representatives. Apple is also shuttering stores in June at Trumbull Mall in Connecticut and the North County Mall near San Diego. Though several retailers — including Crate & Barrel and Banana Republic — have recently left the Towson mall, many employees said they were blindsided and believed the store’s unionized status offered some protection. Apple said that “Towson employees will be eligible to apply for open roles at Apple in accordance with the collective bargaining agreement.” Unlike workers at the other two stores slated to close in June, however, Towson employees aren’t being offered transfers to nearby locations. “As we continue investing to expand and enhance our retail stores and offerings worldwide, we remain deliberate about evaluating our existing locations to ensure that we can meet our customers’ needs in the best way,” the company added in the statement. The International Association of Machinists and Aerospace Workers, which represents Towson employees, called the decision union busting. “Apple’s claim that the collective bargaining agreement prevents relocation is simply false and raises serious concerns that this closure is a cynical attempt to bust the union,” a union representative said in a statement. The union added that it is “exploring all legal options and will work with elected officials and a...
(Bloomberg) -- Apple Inc. is closing its retail store in Towson, Maryland — a location that drew national attention in recent years as the center of a rare unionization effort by the iPhone maker’s employees.The company said Thursday that the store, located at Towson Town Center mall, will permanently shut down in June and will not be replaced. Apple said in a statement that the closure is due to ...
(Bloomberg) -- Apple Inc. is closing its retail store in Towson, Maryland — a location that drew national attention in recent years as the center of a rare unionization effort by the iPhone maker’s employees.The company said Thursday that the store, located at Towson Town Center mall, will permanently shut down in June and will not be replaced. Apple said in a statement that the closure is due to the “departure of several retailers and declining conditions” at the mall and called it a “difficult
The average one-year price target for FuboTV (NYSE:FUBO) has been revised to $21.59 / share. This is a decrease of 44.30% from the prior estimate of $38.76 dated March 25, 2026. The price target is an average of many targets provided by analysts. The latest ta
The average one-year price target for FuboTV (NYSE:FUBO) has been revised to $21.59 / share. This is a decrease of 44.30% from the prior estimate of $38.76 dated March 25, 2026. The price target is an average of many targets provided by analysts. The latest ta
Welcome to Bloomberg’s California Edition—covering all the events shaping one of the world’s biggest economies and its global influence. This week, Los Angeles bureau chief John Gittelsohn joins us to talk about Karen Bass and the World Cup. Sign up here if you’re not already on the list. Even Karen Bass is flustered by the Los Angeles bureaucracy. The first female mayor of LA spent almost two dec...
Welcome to Bloomberg’s California Edition—covering all the events shaping one of the world’s biggest economies and its global influence. This week, Los Angeles bureau chief John Gittelsohn joins us to talk about Karen Bass and the World Cup. Sign up here if you’re not already on the list. Even Karen Bass is flustered by the Los Angeles bureaucracy. The first female mayor of LA spent almost two decades as a politician before defeating a billionaire in the contest to run the second-biggest city in the US. Four years in, she’s fighting for reelection with half of Angelenos dissatisfied with her performance, trying to fend off a pack of lesser-known challengers from capturing undecided voters and undermining her lead. My colleague John Gittelsohn sat down with Bass recently and wrote about her plans to house the city’s homeless population ahead of the FIFA World Cup in June (1) . Here’s what John had to say about their conversation: Karen Bass is still learning on the job—and wants voters to give her four more years to do it. During a recent visit to Bloomberg’s LA bureau, she displayed her frustration over sheltering the city’s 40,000-plus homeless residents, despite programs that spend almost $1 billion a year. Policies to provide permanent housing have stood in the path of quicker solutions, she said. “What our city did not do, and our county did not do, was invest in interim housing,” Bass said. “That was shocking to me. I frankly didn’t know it, and stumbled onto all of these barriers and all of this passive-aggressive behavior. And it took me a while to figure out.” Bass took credit for reducing the number of people sleeping on LA’s streets and sidewalks by more than 17% in her first two years, relocating many temporarily into motel rooms. Then she warned that President Donald Trump, whose mass deportation campaign targeted LA last year, may return to clear homeless encampments if the city doesn’t move faster. (Trump subsequently threatened to “force ourselves” on...
The cryptocurrency XRP (CRYPTO: XRP) is down more than 60% since peaking near $3.65 last July. It now trades around $1.30 -- roughly the same price it was before the Securities and Exchange Commission (SEC) settled its case against Ripple and spot XRP ETFs, like the Bitwise XRP ETF , launched in the U.S. Two of the biggest catalysts bulls had been waiting years for have come and gone, and the toke...
The cryptocurrency XRP (CRYPTO: XRP) is down more than 60% since peaking near $3.65 last July. It now trades around $1.30 -- roughly the same price it was before the Securities and Exchange Commission (SEC) settled its case against Ripple and spot XRP ETFs, like the Bitwise XRP ETF , launched in the U.S. Two of the biggest catalysts bulls had been waiting years for have come and gone, and the token is right back where it started. I think in the near term, you can expect more of the same, and I expect XRP to seriously struggle to keep pace with the broader crypto market over the next five years. Continue reading
Colombian inflation accelerated more than expected to its fastest pace since 2024, boosting the likelihood that the central bank will continue raising interest rates this month. The annual inflation rate accelerated to 5.56%, the statistics agency reported Thursday, more than the 5.46% median forecast in a Bloomberg survey of analysts. Prices rose 0.78% from the previous month. Inflation excluding...
Colombian inflation accelerated more than expected to its fastest pace since 2024, boosting the likelihood that the central bank will continue raising interest rates this month. The annual inflation rate accelerated to 5.56%, the statistics agency reported Thursday, more than the 5.46% median forecast in a Bloomberg survey of analysts. Prices rose 0.78% from the previous month. Inflation excluding volatile food prices sped up to 5.39%. The central bank raised its key interest rate by a full percentage point to 11.25% at its March meeting, triggering a walkout by Finance Minister German Avila , a voting member. It’s unclear whether he will boycott this month’s board meeting, or whether the board can legally proceed in his absence. President Gustavo Petro has pressured policymakers to lower borrowing costs, saying most board members who backed the hike are seeking to sabotage the government ahead of the presidential election. Colombia Deploys Subsidies After ‘Outrageous’ Central Bank Move Colombia’s Next Rate Meeting at Risk After Minister Walkout Colombia Raises Key Rate as Petro Ally Walks Out in Protest However, a majority of the seven-member board argues the country faces significant inflationary pressures stemming from the record minimum wage increase, excess fiscal spending and, more recently, potential spillovers from the war in the Persian Gulf that could drive up oil and fertilizer prices. Petro said this week his government will limit exports of fertilizers and meat and grant subsidies to offset the impact of higher borrowing costs.
(RTTNews) - The Japan stock market on Thursday wrote a finish to the four-day winning streak in which it had tallied more than 3,800 points or 7.2 percent. The Nikkei finished just beneath the 55,900-point plateau although it's expected to see renewed support on Friday.
(RTTNews) - The Japan stock market on Thursday wrote a finish to the four-day winning streak in which it had tallied more than 3,800 points or 7.2 percent. The Nikkei finished just beneath the 55,900-point plateau although it's expected to see renewed support on Friday.
Most cryptocurrencies weren't drifting high into orbit on Thursday, but the journey was different for crypto exchange operator Gemini Space Station (NASDAQ: GEMI) . On a media report of a possible takeover play (or plays), investors eagerly snapped up the company's shares to lift them to a daily gain of almost 9%. That morning, Bullish 's crypto news and analysis site CoinDesk reported that would-...
Most cryptocurrencies weren't drifting high into orbit on Thursday, but the journey was different for crypto exchange operator Gemini Space Station (NASDAQ: GEMI) . On a media report of a possible takeover play (or plays), investors eagerly snapped up the company's shares to lift them to a daily gain of almost 9%. That morning, Bullish 's crypto news and analysis site CoinDesk reported that would-be buyers were mulling acquisitions of certain parts of Gemini's business. Image source: Getty Images. Continue reading
A lobbying firm led by one of Donald Trump Jnr’s hunting buddies helped a Chinese company make its case to a US national security watchdog, public filings show. The case involved a US start-up that was seeking to have the Chinese firm removed as one of its investors. The watchdog rejected the US firm’s request for a national security review of the Chinese firm’s investment, according to a docum...
A lobbying firm led by one of Donald Trump Jnr’s hunting buddies helped a Chinese company make its case to a US national security watchdog, public filings show. The case involved a US start-up that was seeking to have the Chinese firm removed as one of its investors. The watchdog rejected the US firm’s request for a national security review of the Chinese firm’s investment, according to a document seen by Reuters, handing a rare win to a Chinese company in Washington. The decision has not...
Innovation and technology are key drivers of economic growth and quality of life in Hong Kong. Efforts to make the city an international hub for those sectors have recently been undermined by worrying data breaches. Authorities and organisations handling public data must strengthen digital defences against hacking and mishandling. The latest incident involved the leak of data related to more than ...
Innovation and technology are key drivers of economic growth and quality of life in Hong Kong. Efforts to make the city an international hub for those sectors have recently been undermined by worrying data breaches. Authorities and organisations handling public data must strengthen digital defences against hacking and mishandling. The latest incident involved the leak of data related to more than 56,000 patients and 1,000 staff members connected with Hospital Authority institutions in Kowloon...
USPS Pauses Pension Contributions Amid Looming Cash Shortfall Authored by Bill Pan via The Epoch Times, The U.S. Postal Service (USPS) has temporarily suspended its employer contributions to a government-wide pension plan after warning Congress that, without changes, it could run out of cash within the next year. On Thursday, USPS told the Office of Personnel Management—the federal government’s hu...
USPS Pauses Pension Contributions Amid Looming Cash Shortfall Authored by Bill Pan via The Epoch Times, The U.S. Postal Service (USPS) has temporarily suspended its employer contributions to a government-wide pension plan after warning Congress that, without changes, it could run out of cash within the next year. On Thursday, USPS told the Office of Personnel Management—the federal government’s human resource division—that it would pause its biweekly employer contributions to the Federal Employees Retirement System, or FERS. The move is expected to conserve about $2.5 billion through Sept. 30, the end of the current fiscal year, according to USPS. The mail agency typically pays about $200 million every other week into the plan. USPS Chief Financial Officer Luke Grossmann said the temporary withholding would have no “immediate detrimental impact” on current or future retirees. He said the agency would continue forwarding employees’ own FERS contributions, as well as all regularly scheduled payments to the Thrift Savings Plan, another retirement program for federal workers. “The risk to the Postal Service and the American public from insufficient liquidity for postal operations dramatically outweighs any longer-term risk to the pension funds from not making the currently due payments,” Grossmann said. Although USPS is generally required by law to make the payments, the Postal Regulatory Commission granted the agency a waiver that gives it flexibility to catch up later. The cash-saving measure comes as postal officials warn Congress of the agency’s deteriorating finances. At a March 17 hearing, Postmaster General David Steiner told the House Oversight and Government Reform Committee that USPS could become unable to continue delivering mail by February 2027 if it keeps paying all of its bills on time under the current structure. “Less than a year from now, the Postal Service will be unable to deliver the mail if we maintain the status quo,” he said in his testimony. Acc...