Author: News Room

Watch Kamala Harris’ fiery speech after Tennessee lawmakers ousted During a speech at Fisk University in Nashville, Vice President Kamala Harris shared her support for the state representatives expelled from the Tennessee House of Representatives after they protested with a bullhorn on the general assembly floor. Read the full article here

Fanatics, the US merchandiser known for its American football jerseys, has outlined ambitions to sell more European soccer kit, highlighting growing American interest in the world’s most popular sport.“Soccer should be our number one business,” Michael Rubin, the billionaire chief executive of the sports retailer told the Financial Times. “We’re playing catchup.”Fanatics’ partners include the National Football League, Major League Baseball, the National Basketball Association and Nike, allowing the Florida-based group to manufacture and sell jerseys and other merchandise. The company, which expects to generate $8bn of revenue this year, already works with some of Europe’s leading clubs, including Paris…

Thesis Despite being renowned as a growth investor, Peter Lynch has been very successful in picking dividend stocks also. And he has shared valuable insights extensively throughout his career and writings regarding the selection of dividend stocks. While some of his advice has become common knowledge now (such as the importance of consistent and preferably low payout ratios), some of his criteria are very insightful even for veteran DGIs (dividend growth investors). In this article, I have gathered a total of 5 screening criteria from Lynch’s writings and will apply them to Walgreens Boots Alliance (NASDAQ:WBA) and CVS Health Corporation…

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The Japanese government may push to adopt non-fungible tokens (NFTs) in the sports industry.Nikkei reported that Tokyo could move after the ruling Liberal Democratic Party Web3 “Digital Society Promotion” team issues a white paper on the matter.The white paper is yet to be published, but sources appear to have discussed the matter in detail with the media outlet.The white paper, Nikkei explained, will seek to clarify the regulatory picture for NFT-issuing firms and their potential sporting partners.How Could Japan Use NFTs in Sport – And What Are The Problems?The Web3 team has noted that “fantasy sports” are “gaining popularity overseas”…

Starbucks is betting big on olive oil infused coffee, hoping customers will be enticed by the anomaly and the health benefits of extra virgin olive oil. “It is one of the biggest launches we’ve had in decades,” Brady Brewer, Starbucks’ chief marketing officer, told CNN. Former CEO Howard Schultz added in an interview with Poppy Harlow that it will “transform the coffee industry,” and be “a very profitable new addition to the company.” But what the company may not have taken into account: Some customers say it’s making them have to run to the bathroom. “Half the team tried it…

Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month and a giant acceleration from a year ago, outplacement firm Challenger, Gray & Christmas reported Thursday.Planned layoffs totaled 89,703 for the period, an increase of 15% from February. Year to date, job cuts have soared to 270,416, an increase of 396% from the same period a year ago.The damage was especially bad in tech, which has announced 102,391 cuts so far in 2023. That’s a staggering increase of 38,487% from a year ago and good for 38% of all staff reductions. Tech already has cut…

Europe trips were a historically good deal in 2022When the U.S. dollar strengthens relative to other currencies, it means Americans can buy more abroad. Their dollar stretches further.  The euro hit parity with the U.S. dollar in July — the first time Americans enjoyed a 1:1 exchange rate with the euro since 2002.Not all European countries use the euro — it’s the official currency for 20 out of 27 European Union members.By the end of September, Americans could buy one euro with just 96 cents. But the U.S. dollar has lost about 14% of its value against the euro since…

Many Americans are putting off medical care, in some cases for serious conditions, because they don’t have the funds to cover rising costs, a recent survey said. Thirty-eight percent of respondents said they or a family member had to delay medical care because of cost in 2022, a 12-point increase from the year before and the highest in the 22-year history of Gallup’s survey.The sharp uptick in respondents saying they put off medical care is tied to the higher costs of medical care. High inflation has impacted consumers’ costs across the board, but it is showing signs of easing. January’s Consumer…