An Amazon Prime delivery van sits parked outside of a Whole Foods Market grocery store on August 26, 2024 in El Segundo, California. Patrick T. Fallon | Afp | Getty ImagesWhole Foods, the Amazon-owned grocery chain, has asked the National Labor Relations Board to overturn a union victory at a Philadelphia store, pointing to President Donald Trump’s recent ouster of several top officials at the agency.Trump last week fired former NLRB chair Gwynne Wilcox and the agency’s top lawyer, Jennifer Abruzzo. Wilcox’s firing leaves just two remaining members on the five-member NLRB panel, which already had two vacancies at the time…
Author: usaeverydaylife
Last week the NHL announced massive jumps to the salary cap coming over the next three seasons: $95.5 million in 2025-26, $104 million in 2026-27, and $113.5 million in 2027-28. This is a huge deal, one that carries immense implications for the league’s contract landscape.Players are about to get paid, none more so than the league’s very best: Connor McDavid. His current deal ends in 2026, just in time for the cap to jump over $100 million. McDavid’s next deal will be seismic, there’s no doubt about that. The question is just how high his salary will go. Can he…
A woman view skin care products at L’Oreal booth during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China.China News Service | China News Service | Getty ImagesFrench cosmetics giant L’Oreal on Thursday reported lower-than-expected sales in the fourth quarter amid continued weakness in the Chinese beauty market and a slowdown in demand in the U.S.The world’s largest beauty brand posted sales of 11.08 billion euros ($11.49 billion) in the three months to December, up 2.5% on a like-for-like basis and just shy of the 11.1 billion…
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty ImagesBank shares rose Thursday after the Federal Reserve released parameters for its annual industry stress test showing smaller hypothetical shocks to the U.S. economy than in previous years.While still challenging, with U.S. joblessness jumping to 10% and a 33% drop in home prices, the 2025 exam has smaller spikes in unemployment and smaller declines in stock and real estate values than previous versions, Jason Goldberg of Barclays said Thursday in a note titled “2025…
Linde ‘s earnings Thursday was a great example of why investors should always wait to hear from management before making any moves. Shares of the industrial gas giant fell after delivering a softer forecast than Wall Street expected — and is accustomed to. But the stock clawed its way back up during the post-earnings call once investors better understood management’s outlook, including some conservatism embedded in the assumptions. Revenue in the fourth quarter dipped 0.2% to $8.28 billion, slightly missing estimates of $8.4 billion expected by analysts, according to estimates compiled by LSEG. Adjusted earnings per share (EPS) increased 0.8%…
Bitcoin treasury pioneer MicroStrategy’ s upbeat financial results Wednesday night has invigorated Wall Street about the direction of its unique crypto bet. The fourth quarter was “one for the record books,” said Canaccord Genuity’s Joseph Vafi. The company, which will now be known as Strategy, announced its name and logo change along with the results. During the quarter, it made its largest-ever increase in bitcoin holdings, adding 195,250 bitcoins. The company reached a BTC yield of 48% in the fourth quarter, compared with 5.1% in the third quarter. It also got ahead of schedule on its three-year plan to raise…
What a difference a day makes when it comes to companies reporting earnings. Earlier this week, shares of Alphabet were hitting yet another new all-time high, suggesting a renewed leadership role for this leading growth name. But after a disappointing earnings release on Tuesday, the stock gapped lower to bring the uptrend phase into question. Let’s look at Alphabet using a series of technical indicators, evaluate how the initial post-earnings drop relative to previous price support — and reflect on what further deterioration could mean for this former high-flying Magnificent 7 stock. When GOOGL pushed above the July 2024 high…
Trump supporters walk near the U.S. Capitol building as the sun sets the day U.S. President Elect Donald Trump was declared the winner of the presidential election in Washington, U.S., November 6, 2024. Leah Millis | ReutersA lawsuit challenging the Trump administration’s offer of buyouts to federal government employees will be heard by a judge Thursday afternoon — hours before the deadline to accept the offer.The hearing comes as more than 40,000 people — about 2% of the federal workforce — have accepted the offer.The Trump administration confirmed Thursday in a mass email to federal employees that the deadline for accepting…
The Athletic has live coverage of the 2025 NBA trade deadline. SALT LAKE CITY — At some point in the last several days, Stephen Curry had a conversation with Kevin Durant that convinced him a reunion was extremely unlikely, no matter how much the Golden State Warriors ownership group and front office collectively “underestimated” Durant’s coldness toward a return, as one team source put it.Eventually the decision-makers accepted the inevitable and pivoted their NBA trade deadline plans to Jimmy Butler. Bradley Beal’s no-trade clause locked the Phoenix Suns out of the Butler sweepstakes. That piece of unchanging information allowed general manager Mike…
It was about 12:30 p.m. on a gray Tuesday in Orebro, Sweden, when gunfire erupted at an adult education center, with students and teachers in class. Minutes later, as an alarm wailed, the police charged into the center, Campus Risbergska, where they encountered a chaotic, smoke-filled scene. It would be hours before they gave an all-clear.“An inferno. Dead people. Injured people. Screams and smoke,” Lars Wiren, Orebro’s police chief, said Thursday at a news conference as he described the scene.The shooting in Orebro, a quiet university town in central Sweden that has become a haven for migrant communities, has left…
