Category: Business

  • Monkeypox unlikely to be eradicated in US, CDC says

    Monkeypox unlikely to be eradicated in US, CDC says

    The monkeypox virus is unlikely to be eliminated from the United States anytime soon, according to a report released this week by the Centers for Disease Control and Prevention. The CDC said in a technical letter that the outbreak is slowing as vaccine availability has increased, people have become more aware of how to avoid…

  • Nike, Micron, Amylyx and others

    Nike, Micron, Amylyx and others

    Check out the companies making headlines before the bell: Nike (NKE) – Nike slumped 10% in the premarket market after it reported a 44% rise in inventories for the most recent quarter and said it would offer more discounts around the holiday season. The athletic footwear and apparel maker reported better-than-expected earnings and sales for…

  • Tech is shaping meals future, however conventional practices can play position

    Tech is shaping meals future, however conventional practices can play position

    Fruit and vegetable allotments on the outskirts of Henley-on-Thames, England. David Goddard | Getty Images News | Getty Images From oranges and lemons grown in Spain to fish caught in the wilds of the Atlantic, tech is shaping meals and many are spoiled for choice when it comes to picking the ingredients that go on…

  • America’s small companies are usually not prepared for a cyber assault

    America’s small companies are usually not prepared for a cyber assault

    Some of the most notorious cyberattacks against the US in recent years are said to have originated in Russia, including the 2021 attack on the Colonial Pipeline – the largest fuel pipeline in the US – the SolarWinds attack in 2020 and the hacking of the Democratic Pipeline in 2016 National Committee. Since Russia invaded…

  • Hurricane Ian makes landfall close to Sanibel, Captiva Islands, Florida

    Hurricane Ian makes landfall close to Sanibel, Captiva Islands, Florida

    Hurricane Ian made landfall Wednesday afternoon as a Category 4 storm over Florida’s west coast, according to the National Hurricane Center. The storm knocked out power to at least 1.8 million people in Florida, according to the Associated Press. The National Hurricane Center downgraded the storm to a Category 3 hurricane at 8 p.m. with…

  • The perks of massive cities amid distant work and rental inflation

    The perks of massive cities amid distant work and rental inflation

    Many renters believe that a cost-of-living crisis is brewing in America’s major cities. New York City is proving to be a rental inflation hotspot. The median rent for one-bedroom apartments in Manhattan rose to $3,995 a month in May 2022 — a 41% increase from a year earlier, according to Zumper. Sudden double-digit rent spikes…

  • Walt Disney World is closing parks for 2 days

    Walt Disney World is closing parks for 2 days

    Cinderella Castle at Walt Disney World. Robert Machado Noah | Light Rocket | Getty Images As Hurricane Ian approaches Florida’s west coast, The Walt Disney Company is preparing to close all four of its Orlando-based theme parks for at least two days. The company announced on Tuesday that Animal Kingdom, Hollywood Studios, Epcot and Magic…

  • Walgreens, Amazon, Wawa discover success among the many principally unemployed staff

    Walgreens, Amazon, Wawa discover success among the many principally unemployed staff

    Walgreens has been educating and employing neurodiverse workers since 2007. “What we know from data and research is that this is the highest unemployed demographic in the country,” said Carlos Cubia, global chief diversity officer at Walgreens Boots Alliance, of the workers with disabilities. Justin Sullivan | Getty Images When Cornelia Quinn, co-founder of Go-Be,…

  • 5 issues to know earlier than the inventory market opens on Monday September 26th

    5 issues to know earlier than the inventory market opens on Monday September 26th

    Raphael Bostic in Jackson Hole, Wyoming David A Grogan | CNBC Here is the key news investors need to start their trading day: 1. Bad start for stocks Stocks are still in a funk. The three main indices were down on Monday, suggesting that last week’s troubles would continue. On Friday, the Dow hit a…

  • Behind on retirement financial savings? A nasty market could be a good time to speculate

    Behind on retirement financial savings?  A nasty market could be a good time to speculate

    Small business owners are among the Americans most likely to fall behind when it comes to saving for retirement. Reinvesting in a business is more often a priority for entrepreneurs with excess cash than investing in a long-term tax-advantaged retirement plan. Covid didn’t help. Amid the pandemic, scores of American small business owners have suspended…