MillerKnoll Reports Loss in Fourth Quarter
Zeeland, Mich.-based furniture maker MillerKnoll announced a loss in the fiscal fourth quarter due to a decrease in sales and higher costs resulting from their ongoing restructuring plan. For the…
Thrivent Lays off President of Advisor Network
Financial services company Thrivent has recently laid off Carolyn Armitage, the president of its advisor network. Armitage’s departure comes two years after she was hired as the leader of Thrivent…
Aritzia Faces Stock Decline Due to Changing Consumer Habits
By Adriano Marchese Aritzia, a Canadian women's fashion brand, experienced a significant drop in its stock value on Wednesday. The company revised its outlook for the year, attributing the change…
The Consumer Price Index and Inflation
The consumer price index (CPI) is a vital tool in evaluating the impact of inflation on everyday necessities such as food, gas, rent, and other essentials. By analyzing the fluctuations…
BASF Signs Agreement for Neopentyl Glycol Supply to Zhejiang Guanghua Technology
BASF, the renowned German chemical company, has recently announced the signing of a letter of intent with Zhejiang Guanghua Technology (also known as KHUA) to supply neopentyl glycol from its…
Apple Inc. Shares Slip as Stock Market Shows Overall Positive Trading Session
Shares of Apple Inc. (AAPL) experienced a slight decline, slipping 0.28% to $188.08 on Tuesday. However, this dip in stock value came amidst a generally positive trading session for the…
Government and Industry Regulators Fine Merrill Lynch for Failure to File Suspicious Activity Reports
Government and industry regulators have recently fined Merrill Lynch $12 million for their alleged failure to file Suspicious Activity Reports (SARs) over a period of more than a decade. These…
Chinese Economy’s Struggle to Recover
Introduction The Chinese economy, once expected to experience a strong rebound, is facing challenging times. The lifting of President Xi Jinping's failed zero-Covid policy has not resulted in the anticipated…
Jupiter Wellness Appoints New Executives Following Acquisition
Jupiter Wellness, a health and wellness company based in Jupiter, Florida, announced on Tuesday the addition of two executives from GBB Drink Lab to their team. This move comes after…
The Changing Landscape of the Financial-Services Industry
There comes a time in almost every industry when its fundamental principles are challenged. This phenomenon is often observed after a consolidation period, where important policy decisions are made by…
Ondo InsurTech Secures Loan Restructuring
Ondo InsurTech, the London-listed insurtech group, announced on Tuesday that it has reached an agreement with its largest shareholder, Homeserve Assistance, to restructure its five-year loan notes. This move aims…
Begbies Traynor Group Reports Rise in Pretax Profits for Fiscal 2023
By Elena Vardon Begbies Traynor Group has expressed confidence that its fiscal 2024 results will meet market expectations, following an increase in pretax profit for fiscal 2023. Positive Revenue Outlook…
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