Public unions against the people
Opinion The weekend interview A new book argues that government unions have seized irresponsible power. The author, Philip Howard, plans to take the case to court.
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New Zealand dancer among two new “stars” of the Paris Opera Ballet
O’Neill is one of the few foreigners who have received the highest status of “etoile” – Copyright AFP/File JOEL SAGET The Paris Opera Ballet named New Zealand’s Hannah O’Neill and France’s Marc Moreau on Thursday as two new star dancers, the former being a rare non-French dancer in the world’s oldest ballet company. O’Neill, 30, … Read more
Dow Jones futures rise, yields slide ahead of key economic data; AI shares soar towards the buy zone
Dow Jones futures rose slightly, along with S&P 500 futures and Nasdaq futures, as Treasury yields eased ahead of February’s ISM services index. broadcom (AVGO) and the artificial intelligence game C3.ai led gains overnight. x The stock market rally roared back on Thursday from opening lows, even as the 10-year Treasury yield decisively topped 4%. … Read more
Opinion: Phone culture – damn you talk
Graph showing smartphone sales by year from 2013 to 2022. — © AFP One of the most common jokes in stand-up comedy is phones. “Current kids…” or “I married the wrong number”, etc. The trouble is that these things are a real barrier to communication in person and on the phone. Phone culture is just … Read more
Six Flags sees drop in attendance in Q4 on higher ticket prices
ekkawit998/iStock via Getty Images Six Flags Entertainment Corporation (NYSE:SIX) reported a 12% drop in fourth-quarter revenue to $280 million. Attendance was down 30% during the quarter, which the theme party operator said was due to an increase in ticket prices, the removal of free tickets and deeply discounted pass products, and fewer days of operation. … Read more
Delaware court dismisses McDonald’s shareholders’ sexual harassment lawsuit
A Delaware court on Wednesday dismissed a shareholder lawsuit filed against McDonald’s Corp. and its board of directors, finding that the plaintiffs failed to show that the directors ignored red flags of widespread sexual harassment. Chancellor of the Court J. Travis Luster, Vice Chancellor noted in his opinion that the board fired CEO Steve Easterbrook … Read more
US housing market suggests recession is on the way
Sspring time in america, which is just around the corner, brings many good traditions. The crack of the bat on the baseball fields. Children rolling Easter eggs on the White House lawn. Families pulling out old, dusty furniture at garage sales. However, there is one ritual that stands out above all others for its great … Read more
Student loan forgiveness: There is no “back-up plan,” says a Biden official. “We have a plan, it is the plan that we have announced.”
A day after the US Supreme Court heard oral arguments on the Biden administration’s plan to forgive student loans, a White House official told MarketWatch that there is no alternative plan in case the superior court annuls it. “We have a plan, it is the plan that we have announced,” said Bharat Ramamurti, deputy head … Read more
Bangladeshi owner to receive $22.48 million after ship explosion in Ukraine
Insurers are set to pay state-owned Bangladesh Shipping Corporation (BSC) $22.48 million for its ship, which was hit by a missile during fighting in Ukraine, two officials said Tuesday. The pending settlement is one of the first lawsuits to be paid out since Russia invaded Ukraine on February 24 last year, in a conflict that … Read more
Aston Martin shares rise on 2023 profitability forecast
SUV Aston Martin DBX707 Courtesy: Sassy Films | Aston Martin LONDON: British luxury car manufacturer Aston Martin Lagonda forecasts better returns this year, after extending its 2022 pre-tax losses due to a weakening UK currency. The company more than doubled year-over-year pre-tax losses to £495m ($598m) in 2022, from £213.8m in 2021, and said profit … Read more