Reported about 1 year ago
A recent U.S. Supreme Court ruling involving OxyContin maker Purdue Pharma has made it tougher to resolve mass tort litigation in bankruptcy by scuttling non-debtor releases. Bankruptcy courts offer tools to settle mass torts, such as halting litigation, binding holdout claimants, and providing civil immunity. Critics argue that bankruptcy is sometimes abused by wealthy defendants facing lawsuits. The ruling will likely shift the focus to other strategies for resolving mass torts, potentially impacting victims' settlements and outside contributions. Some fear less funding for victims without non-debtor releases, while others believe companies will need to offer better payouts to resolve cases outside of bankruptcy.
Source: YAHOO
Reported about 1 year ago
Arm & Hammer Deodorizer Odor Busterz are small plastic balls filled with baking soda and a laundry-like scent, designed to eliminate odors in shoes, bags, and more. Each deodorizer lasts up to 60 days and is praised by over 8,500 Amazon shoppers for its effectiveness. Available in packs of three, six, or ten, these deodorizers are a popular choice for combatting sweaty shoe odors without the need for chemicals. Reviewers also highlight their versatility in freshening up various spaces like gym bags, closets, and trash cans. However, some users mention the desire for refillable options for sustainability. Overall, these deodorizers are a long-standing favorite for keeping footwear smelling fresh at an affordable price.
Source: YAHOO
Reported about 1 year ago
在炎熱的天氣中睡覺並不是一個愉快的經驗，而對一些人來說，這可能是每晚都發生的事情。有一些方法可以調整你的環境和睡前習慣，使得睡眠變得更加親切舒適。這包括避免飲酒、食用油膩大餐、在睡前淋浴、降低室內溫度，選擇透氣的床上用品，穿著100%棉質的睡衣等等。通過這些方法，你可以在遇到炎炎夏日時促進更好的睡眠質量。
Source: YAHOO
Reported about 1 year ago
Amtrak和新澤西公共交通官員正在共同合作調查和解決兩個系統遭遇的基礕設施問題，導致最近的混亂局面讓通勤者滯留數小時。兩個系統將檢視導致主要服務中斷的根本原因，以改善乘客服務。新澤西州州長菲爾·墨菲在與Amtrak首席執行官史蒂芬·加德納及NJ Transit總裁暨首席執行官凱文·科爾貝特在星期四的新聞發布會上告訴記者，兩家機構將致力於這一事宜。
Source: YAHOO
Reported about 1 year ago
Federal Reserve Governor Michelle Bowman emphasized that she is not yet ready to support a rate cut as inflation remains elevated, stating the current interest rate stance is 'restrictive' and inflation should cool even without changes in monetary policy. Bowman mentioned that a rate cut may be considered if inflation moves sustainably towards the 2% goal, but for now, she sees risks of inflation increasing and remains open to raising rates in the future. Her remarks align with the Fed's focus on inflation retreat, with expectations of a possible rate cut by the September meeting, although Bowman sees no cut this year and potential easing next year.
Source: YAHOO
Reported about 1 year ago
Missouri Governor Mike Parson announced plans for a new public aid proposal for potential new or improved stadiums for the Kansas City Chiefs and Royals, aiming to prevent the teams from moving to Kansas which recently approved financing for new stadiums. Despite no specific details yet, Parson highlighted the need to create a competitive business deal that benefits Missouri taxpayers, indicating that discussions between the sports teams and the Kansas Department of Commerce could begin soon.
Source: YAHOO
Reported about 1 year ago
Source: BARRONS
Reported about 1 year ago
The 35th Golden Melody Awards ceremony is set to take place in Taipei on June 29th, with five nominees for 'Best Mandarin Male Singer' including Hsü Chun, JJ Lin, Marz23, MC HotDog, and Jude. A tarot reading was done for the nominees, revealing surprising insights. Hsü Chun was seen as a strong contender, JJ Lin was focused on his artistic vision, Marz23 was deemed most promising, HotDog had mixed feelings about awards, and Jude was striving for recognition. The predictions hinted at a potential unexpected winner and highlighted the competitive dynamics in the race for the title of Male Song King.
Source: YAHOO
Reported about 1 year ago
The Justice Department has charged nearly 200 people in a sweeping crackdown on health care fraud schemes totaling over $2.7 billion. The charges include a $900 million scheme in Arizona targeting dying patients. Individuals such as doctors and nurse practitioners are accused of participating in various scams, leading to arrests and seizure of assets worth over $230 million. The crackdown aims to serve as a deterrent against future healthcare fraud activities.
Source: YAHOO
Reported about 1 year ago
As stock prices fluctuate, they can become overbought or oversold. Two indicators of oversold stocks are RSI below 30 and stochastic oscillator below 20. Three real estate investment trusts (REITs) currently in or near oversold territory are Uniti Group Inc., Peakstone Realty Trust, and Clipper Realty Inc. Each REIT has experienced significant losses lately with Uniti undergoing a merger, Peakstone selling properties, and Clipper Realty showing revenue improvements. Investors should note that an oversold condition does not guarantee profitable buying, but it indicates potential undervaluation and increased buyer interest.
Source: YAHOO
Reported about 1 year ago
Capital Group has launched seven new active exchange-traded funds to expand its ETF line-up to 21 products, aiming to fill gaps in core strategies for financial advisors to construct complete portfolios. With U.S. ETF assets reaching a record $9 trillion in May, Citigroup predicts a potential shift of $6 trillion to $10 trillion from mutual funds to ETFs over the next few years. Capital Group's existing 14 actively managed ETFs have amassed $29 billion in assets, holding a 4% share in the active ETF market, focusing on equity and fixed income funds designed to capture emerging market revenues and sustainable dividends, respectively.
Source: YAHOO
Reported about 1 year ago
Governor Wes Moore of Maryland has launched a new initiative to assist individuals with prior marijuana-related convictions in securing jobs within the state's legalized recreational cannabis industry. The program offers instructor-led courses, virtual coursework, and hands-on occupational training to eligible applicants, with application acceptance starting on July 1. The goal is to provide real-time experience and job placement opportunities to those adversely affected by cannabis criminalization.
Source: YAHOO
Reported about 1 year ago
来自Billboard.com报道，卡米拉·卡贝洛备受期待的专辑'C,XOXO'即将发行。为了庆祝这一时刻，我们将回顾她在排行榜上的历史，从与Fifth Harmony合作到以独唱艺人身份登顶Billboard 200和Hot 100。请继续关注更多信息！
Source: YAHOO
Reported about 1 year ago
Peter Tuchman, also known as the 'Einstein of Wall Street,' shared his experiences from starting on the New York Stock Exchange Floor in 1985 in a recent chat on Opening Bid with Yahoo Finance's Brian Sozzi. Tuchman highlighted the old days of stock trading where teletypists like him played a crucial role, taking up to 7 days for a stock sale to clear amidst the lively, chaotic atmosphere of the NYSE floor filled with traders, clerks, and market makers.
Source: YAHOO
Reported about 1 year ago
Actor Glen Powell talks about his successful romantic comedies and his upcoming Netflix film 'Hit Man.' Powell emphasizes that the two films are in different realms and discusses his collaboration with filmmaker Richard Linklater on 'Hit Man.'
Source: YAHOO
Reported about 1 year ago
FTNN News, June 27, 2024 - After releasing two 'missing you' singles, GENBLUE Blue Bear launches the final chapter of the pure love trilogy with 'Exclusive Summer', expressing love fantasies and thirst for love through the song. Despite the romantic lyrics, the group, who never dated and are under a 'love ban', revealed relying on 'fantasy' to interpret the song. They also engaged in cheesy love conversations during a promotional event, showcasing their lack of experience in this area. As they prepare for their debut in Korea, members intensify their Korean language studies, with each member diligently studying Korean books during dance breaks.
Source: YAHOO
Reported about 1 year ago
When Ebon Moss-Bachrach unexpectedly won an Emmy for his role in 'The Bear' Season 1, it was attributed to a clever campaign strategy. By releasing Season 2 midway through Emmy nominations voting, the show ensured voters were reminded of Moss-Bachrach's performance, ultimately leading to his win. This unique approach of using a new season to promote past seasons has proven successful for other shows like 'Ted Lasso' and 'Only Murders in the Building'. Despite facing challenges such as postponed award ceremonies and tough competition, 'The Bear' is shaping up as a strong contender in the Comedy Series category.
Source: YAHOO
Reported about 1 year ago
Walgreens Boots Alliance experiences a 24% stock drop as the CEO mentions a challenging consumer environment and a pullback in discretionary spending. The retailer attributes the reduced profit outlook to consumers becoming more selective and price-sensitive, prompting price cuts across categories. The pharmacy chain's struggles align with national trends, indicating a cautious consumer climate influenced by factors like inflation and interest rates. Analysts predict similar challenges for CVS and other retailers.
Source: YAHOO
Reported about 1 year ago
Bank of America Securities increased its price target for Amazon shares to $220 from $210, maintaining a buy rating. Analysts noted Amazon's logistics improvement, projecting 9 billion shipments worldwide in 2024 and Amazon becoming the largest U.S. shipper. Despite some metrics impacted by inflation, analysts see further efficiency gains ahead, driving higher retail margins. The firm believes Amazon could achieve more retail margin upside in 2024, with CEO Andy Jassy aiming to surpass 2018 efficiency levels.
Source: YAHOO
Reported about 1 year ago
A pet shop owner in Neihu was unable to open his business due to regulations set by Taipei City government, leading to economic pressure and ultimately suicide. Criticism from the Facebook page 'Japan Unification Front' targets Mayor Ko Wen-je for his policies during his tenure, stating that only Taipei has such regulations regarding obtaining consent from neighbors for business operations. The incident has sparked debates and discussions on social media regarding the circumstances surrounding the shop owner's suicide.
Source: YAHOO
Reported about 1 year ago
Tesla argues in court that Elon Musk's $56 billion pay package legal battle victory was due to shareholder vote ratifying the 2018 stock options package, following a judge's rescinding of it earlier. The uncertainty in the case puts strain on Musk's relationship with Tesla amidst slower sales and competition. Tesla proposes a final order affirming the defendants' win despite shareholder demands for billions in Tesla stock as legal fees.
Source: YAHOO
Reported about 1 year ago
Chewy Inc. and Petco Health and Wellness Co. experienced a surge in their stock prices after Keith Gill, also known as ‘Roaring Kitty’, posted an image of a dog on X. Chewy's shares rose by as much as 34% intraday, while Petco saw a jump of up to 12%, both triggering volatility halts. However, the rallies were short-lived, with Chewy closing down 0.3% and Petco gaining 0.3%. Gill, known for his involvement with GameStop Corp., reappeared on social media, sparking interest in meme stocks like GameStop and AMC Entertainment Holdings.
Source: YAHOO
Reported about 1 year ago
The article discusses various topics related to wealth and finance, including economic data, digital banking trends, and emerging job opportunities in the space sector. Levi Strauss' second-quarter results and the impact of side hustles on Americans' income are also highlighted. Additionally, the article covers AI-related investments, alternative investment sectors, disappointing trends in the housing market, and the stabilizing labor market. Insights from Bank of America's head of digital banking and a discussion on student loan repayment plans' impact are included, along with a new service called Tip Top for trading items for new purchases. Lastly, the article explores the job market in the space sector and tips for selling a business to a large buyer.
Source: YAHOO
Reported about 1 year ago
根據紐約州環境保護部（NYS DEC）的消息，哈德遜河入海口計畫的漁業人員捕獲一條重達220磅、長超過六英尺的魚，這是一條大西洋鱘魚。大西洋鱘魚是一種瀕臨絕種的鱘魚物種，大部分時間在海洋中生活，但成魚會在每年的這個時候來到哈德遜河產卵。捕獲這條魚是為了進行一項自2006年開始的年度調查，在五月和六月進行以追蹤大西洋鱘魚族群的趨勢。
Source: YAHOO
Reported about 1 year ago
Fast food chains such as Taco Bell, McDonald's, KFC, and Burger King have been focusing on value deals this summer in an effort to increase foot traffic and sales. This move comes as these restaurants have been struggling with lagging stocks due to previous price hikes to cover rising costs, which deterred customers. The industry is now watching closely to see if the $5 meal bundles and other value promotions will be enough to drive up sales and bring in more revenue, despite the potential impact on profit margins. Various fast food chains have launched value offerings like the $7 Luxe Box menu from Taco Bell, McDonald's $5 value menu, KFC's $4.99 meal, and Burger King's $5 Your Way Meal, among others. The success of these promotions will depend on attracting customers and increasing traffic, with analysts noting that effective advertising and communication to consumers will play a crucial role in their success.
Source: YAHOO