NEW YORK – Kellogg opened a new store in New York on Thursday that it hopes will become a hangout spot for millennials willing to buy cereal by the bowl and then lounge around on a bean bag chair. Continue Reading Below Cereal sales have been soft, and Kellogg Co. […]
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Texas-based DaVita Rx to pay nearly $64M in billing dispute
DALLAS – A Texas-based pharmacy chain that specializes in patients with kidney problems will pay nearly $64 million to settle allegations of improper billing and other disputed financial practices. Continue Reading Below Federal prosecutors in Dallas on Thursday announced the agreement with DaVita Rx of nearby Coppell (kuh-PEHL’). Authorities say […]
Net neutrality repeal: 5 things to know
The U.S. Federal Communications Commissioner’s divisive decision Thursday to overturn Obama-era “net neutrality” regulations meant to maintain an open and free internet sets up a legal fight that will have major implications for how consumers stream and view content on the web. Continue Reading Below The FCC voted 3-2 along […]
Stocks slip as investors eye tax reform, digest latest economic data
U.S. stocks were slightly lower Thursday afternoon, as investors digested the latest economic data and the press for tax reform. Continue Reading Below The market had opened higher, with the Dow pushing toward another record finish, but as the session went on, these gains evaporated. Big news that came out […]
Here’s Where Things Went Wrong for Hecla Mining Co. in 2017
This past year started off well for Hecla Mining (NYSE: HL). After a 2016 in which it skyrocketed 177%, the silver and gold miner surged another 23% to start 2017. However, the stock lost its footing in February, and, after partial a recovery that petered out in early June, stuttered […]
What to Watch When Nike Reports Earnings
Nike‘s (NYSE: NKE) stock is up 17% over the last three months, as investors become more optimistic about Nike’s growth strategy and less concerned about competitors’ market share gains earlier in the year. Continue Reading Below When Nike reports its fiscal second-quarter earnings on Thursday, Dec. 21, investors will be […]
Sports unions unveil universal declaration of player rights
WASHINGTON – Leaders from the NFL, NBA, NHL and Major League Baseball players associations helped unveil a universal declaration of player rights that is designed to establish a new approach to governing sports and protecting athletes. Continue Reading Below Among the 17 articles laid out in the declaration are rights […]
The Latest: UK’s May to lay out student exchange aspiration
BRUSSELS – The Latest on the Brexit talks (all times local): Continue Reading Below 6:55 p.m. A British official says Prime Minister Theresa May wants the United Kingdom to remain part of the Erasmus student exchange program at least through to the end of 2020 — almost two years beyond […]
Oil prices up slightly on pipeline outage support
NEW YORK (Reuters) – Oil prices were up slightly on Thursday as a pipeline outage in Britain continued to lift Brent crude prices. Continue Reading Below U.S. West Texas Intermediate futures rose 16 cents, or 0.3 percent, to $56.76 a barrel. Brent crude futures were up 47 cents, or 0.8 […]
NJ Transit doled out $4.4 million for office that sat vacant
NEWARK, N.J. – New Jersey Transit paid $4.4 million to purchase office space at its Newark headquarters that it did not use due to renovations during a two-year lease. Continue Reading Below Hartz Mountain Industries sold the 10th floor of Two Penn Plaza East to NJ Transit on Oct. 11, […]