Reported 2 days ago
Executives must redefine hustle culture to prioritize employee wellbeing over traditional hard work ideals. A new workforce emphasizes mental health, demonstrating that success is linked to smarter, not harder, work. Leaders should focus on wellness, agency, and tailored benefits to ensure employees thrive both at work and in their personal lives.
Source: YAHOO
Reported 2 days ago
Merit Medical Systems has acquired Biolife Delaware, a manufacturer of hemostatic devices, for approximately $120 million. The deal includes StatSeal and WoundSeal products aimed at stopping bleeding, and is expected to generate an additional $18 million in revenue next year. This acquisition is part of a broader strategy by Merit to pursue complementary product expansions, following previous acquisitions in the medical device sector.
Source: YAHOO
Reported 2 days ago
Shake Shack has announced plans to open 10 new locations in casinos through a partnership with PENN Entertainment, starting with two casinos in Ohio and Missouri expected to launch in 2026. This move is part of Shake Shack’s broader strategy to grow its licensed business and reach 1,500 company-operated locations. Currently, Shake Shack operates three casino locations and aims to continue expanding its presence in various markets, including exploring new formats and partnerships.
Source: YAHOO
Reported 2 days ago
Family Dollar has announced the appointment of Duncan MacNaughton as chairman and CEO as the company separates from Dollar Tree, following a $1 billion sale to private equity firms. With experience as a previous COO and leading roles within retail, MacNaughton is set to guide the company in its new independent operation, alongside president Jason Nordin. This restructuring follows consistent struggles for Family Dollar and aims to establish a stronger future for the retailer.
Source: YAHOO
Reported 2 days ago
After the death of a spouse, the decision between claiming a monthly pension of $495 and a lump-sum payment of $89,000 poses significant financial implications. The lump-sum offers immediate access and potential for investment growth, but comes with risks and less security. On the other hand, choosing the monthly pension ensures a steady income but may limit access to funds for emergencies. Each option has its pros and cons, and personal circumstances, financial knowledge, and future goals should guide the decision-making process. Consulting with a financial advisor is recommended.
Source: YAHOO
Reported 2 days ago
Despite positive trends in macroeconomic factors and corporate earnings, market experts such as Tim Anderson highlight two significant threats: disappointing progress in global trade negotiations and ongoing geopolitical conflicts, particularly the Russia-Ukraine situation and Iran's nuclear negotiations. He emphasizes a cautious yet optimistic outlook for the markets.
Source: YAHOO
Reported 2 days ago
This article discusses a strategy for investors to potentially surpass S&P 500 returns by focusing on dividend-paying stocks, particularly those in the second quintile of dividend yields. Historical data shows that investing in these second-tier dividend stocks can outperform top dividend payers and the overall S&P 500, with an example indicating a significant growth of investment over time. The author highlights five specific stocks—ConocoPhillips, Hershey, Starbucks, Dollar General, and Citigroup—as valuable options for building a dividend-rich portfolio.
Source: YAHOO
Reported 2 days ago
Acrisure has successfully completed a $2.1 billion capital raise led by Bain Capital, intended primarily to refinance existing non-convertible preferred stock and to facilitate strategic mergers and acquisitions. This deal increases Acrisure's valuation to $32 billion, showcasing significant growth since the last funding round. The investment group includes notable firms like Fidelity and Apollo Funds, with no current investors exiting the deal. CEO Greg Williams expressed optimism about Acrisure's future potential, with Bain Capital's Cristian Jitianu joining the board to support ongoing growth initiatives.
Source: YAHOO
Reported 2 days ago
China's Xpeng (XPEV) anticipates second-quarter revenue surpassing Wall Street estimates, driven by increasing demand for its affordable electric vehicles. The company's premarket shares rose 5%, buoyed by record vehicle deliveries in the first quarter and plans to deliver up to 108,000 EVs in Q2. Xpeng forecasts revenues between 17.5 billion and 18.7 billion yuan, reflecting significant year-over-year growth. CEO Xiaopeng He emphasized the company's leadership among emerging EV manufacturers despite ongoing losses.
Source: YAHOO
Reported 2 days ago
US stock markets saw a downturn on Tuesday, with the S&P 500 breaking its six-day winning streak as investor confidence waned over temporary tariff reductions and inflation worries. The Dow Jones Industrial Average fell nearly 0.3%, while both the S&P 500 and the Nasdaq Composite declined about 0.4%. Concerns persist regarding high tariff levels and the potential impact on the economy, despite a recent trade truce between the US and China.
Source: YAHOO
Reported 2 days ago
In a tumultuous week for bonds, rising global inflation has added to market anxieties, particularly for U.S. Treasury securities. Concerns are growing over the potential impacts of President Trump's tax plans on the economy, as the Fed warns about the possibility of heightened price increases due to import tariffs. Additionally, the bond markets faced volatility, marked by a spike in Japanese bond yields and a drop in U.S. stock futures. These developments come as the U.S. Treasury prepares to sell $16 billion in 20-year bonds amid ongoing inflation worries.
Source: YAHOO
Reported 2 days ago
Source: YAHOO
Reported 2 days ago
Buy Now, Pay Later (BNPL) services are increasingly being reported to credit bureaus, which could affect future loan approvals. Currently, usage of BNPL does not impact credit scores as lenders can't see these transactions yet. However, as more BNPL providers begin reporting payment history, it could influence lending decisions. Consumers are advised to manage BNPL responsibly to avoid potential negative consequences on their credit, particularly if they miss payments or default.
Source: YAHOO
Reported 2 days ago
A rising number of Americans are turning to buy now, pay later (BNPL) loans to finance their grocery bills, with recent data indicating that around 25% of users have utilized BNPL for food purchases. The trend is particularly pronounced among younger generations, with 33% of Gen Z participating. Alarmingly, nearly 41% of BNPL users reported missing payments, highlighting the financial strain many are under due to high inflation and grocery prices. This shift in spending habits raises concerns about the long-term sustainability of using BNPL loans for essential purchases.
Source: YAHOO
Reported 2 days ago
Source: WSJ
Reported 2 days ago
Source: WSJ
Reported 2 days ago
The concept of a 'DOGE dividend' for US taxpayers was popularized by James Fishback, suggesting that 20% of the $2 trillion projected savings from the Department of Government Efficiency (DOGE) should be returned to taxpayers, amounting to about $5,000 per household. Elon Musk has expressed interest in the proposal, which was also endorsed by Donald Trump. However, the projected savings have significantly decreased, and current estimates indicate minimal benefits for taxpayers, with many likely ineligible for such a check.
Source: YAHOO
Reported 2 days ago
Tesla, Inc. (TSLA) is set to begin robotaxi trials in Austin, Texas, by the end of June, according to CEO Elon Musk. The company will initially deploy 10 self-driving cars in safe areas and aims to scale up to 1,000 robotaxis if the trials proceed without incidents. These trials are crucial for fulfilling Tesla's long-standing promise of delivering a safe, autonomous vehicle. Despite a turbulent start to 2025, Tesla's stock has recently rebounded.
Source: YAHOO
Reported 2 days ago
The Kraft Heinz Company (KHC) is actively exploring strategic M&A transactions in response to shifting consumer demands and weakening sales of its snacks and ready-to-eat meals. The company's CEO highlighted their commitment to quality food and shareholder value amid economic challenges that have led consumers to seek more affordable and healthier options. Reports indicate interest from buyers for KHC's Oscar Mayer brand, with potential deals nearing $3 billion.
Source: YAHOO
Reported 2 days ago
In the second quarter of 2025, Canada's major banks are expected to bolster their loan loss reserves by over C$1 billion in response to trade uncertainties, particularly due to tariff policies from the U.S. government. Analysts predict that while Bank of Montreal and TD Bank will see declines in profits, the other four major banks will experience an average earnings growth of 7.9%. Concerns about the economic outlook have led to significant increases in provisions for credit losses, with estimates ranging from 14.5% to 79% growth for the big six banks.
Source: YAHOO
Reported 2 days ago
China Mobile is moving closer to acquiring Hong Kong broadband company HKBN after rival bidder I Squared Capital withdrew from the competition. I Squared, which was also looking to outbid China Mobile's offer of HK$5.23 per share, faced obstacles in securing necessary approvals from the Chinese sovereign wealth fund. As negotiations continue, HKBN remains committed to protecting shareholder interests.
Source: YAHOO
Reported 2 days ago
The concept of 'lo spread', referring to the difference between Italian and German bond yields, has dominated Italian political and economic discourse since the eurozone debt crisis in 2011. Recently, Prime Minister Meloni highlighted a dip in this spread, but economists argue that its relevance has diminished given changing economic landscapes. While Italy grapples with a significant public debt burden, reliance on the spread as a key economic indicator seems misguided, as market volatility is influenced more by external factors than Italian policies.
Source: YAHOO
Reported 2 days ago
Source: WSJ
Reported 2 days ago
UK inflation surged to 3.5% in April, marking its highest point since January 2024, primarily driven by soaring domestic bills such as energy and water. This significant increase, surpassing both March's 2.6% and economists' expectations of 3.3%, raises concerns about future interest rate cuts from the Bank of England, especially as inflation is anticipated to remain above 3% for the rest of the year. The Labour government faces challenges amidst these economic pressures, with opposition parties attributing rising costs to increased taxes on businesses.
Source: YAHOO
Reported 2 days ago
Source: BARRONS