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Showing results for "49 North"

markets

Whirlpool (WHR) Layoffs Amount to 1,000 Salaried, Office Jobs to Help Cut Costs

By Leslie Patton

Whirlpool Corp., the owner of the Maytag and Amana appliance brands, is cutting about 1,000 salaried positions worldwide to reduce costs as slow US home sales limit demand.

April 25, 2024

citylab

Miami Developer Seeks $100 Million for Penthouse on Tiny Island

By Felipe Marques and Anna J Kaiser

Swire Properties Inc. is seeking $100 million for the penthouse atop a 66-story tower on Brickell Key island, as developers compete over who will smash the record for most expensive condo in Miami.

April 25, 2024

politics

Election 2024: Biden Campaigns on Abortion in Florida While Trump on Trial

By Skylar Woodhouse and Michelle Jamrisko

President Joe Biden urged voters to punish Donald Trump in November for a wave of abortion restrictions, assailing a six-week ban set to take effect in his rival’s home state of Florida.

April 23, 2024

industries

GM Boosts Guidance as Truck Sales Overshadow Slump in China

By David Welch

General Motors Co. expects better profit this year after a strong first quarter, as robust truck sales in the US led the automaker to raise 2024 guidance by $500 million.

April 23, 2024

industries

JD Sports to Buy Hibbett for $1.1 Billion to Fuel US Growth

By Jamie Nimmo

British sportswear and sneaker retailer JD Sports Fashion Plc agreed to buy Hibbett Inc. for about $1.1 billion to speed up its US expansion.

April 23, 2024

economics

China Is Betting Trade-Ins for EVs, Fridges Can Help Save Its Economy

By John Liu and Fran Wang

China’s world-beating electric vehicle industry, at the heart of growing trade tensions with the US and Europe, is set to receive a big boost from the government’s latest effort to accelerate growth.

April 22, 2024

business

The Strikes Are Over, But Hollywood Isn’t Back to Normal

By Lucas Shaw

Everyone was supposed to get back to work once two strikes concluded last year, but the hangover has been longer than anyone anticipated.

April 21, 2024

markets

Cocoa Hits New Record as North America Grinds Defy Expectation

By Ilena Peng and Mumbi Gitau

Cocoa futures in New York touched a fresh record as the pace of processing in chocolate factories holds up despite a global supply crunch and record prices.

April 19, 2024

industries

P&G (PG) Raises Profit Outlook as Higher Prices Bolster Bottom Line

By Leslie Patton

Procter & Gamble Co. sank on Friday after the maker of Pampers diapers and Dawn dish soap reported quarterly sales that fell short of Wall Street estimates, overshadowing an improved profit outlook.

April 19, 2024

markets

Understanding the Stakes in Mexico’s Upcoming Election

By Carmen Rodriguez, Tracy Alloway, and Joe Weisenthal

Will AMLO’s successor continue on his path?

April 19, 2024