Dow Jones Today: Major Indexes Rise as Chip Stocks Surge; S&P 500 Hits Record High
Micron's Post-Earnings Pop Leads Chip Stocks Higher 1 hr 46 min ago Micron Technology (MU) shares surged Thursday after the memory chip maker’s revenue and outlook blew past expectations, leading Nvidia…
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- Legal Topics
- September 26, 2024
- 21 views
Massachusetts SJC Rules in Favor of Insureds for Ambiguous Insurance Policy Term
In Zurich American Insurance Company v. Medical Properties Trust, Inc. (and a consolidated case[1]) (Docket No. SJC-13535), the Supreme Judicial Court of Massachusetts ruled in favor of insureds in a dispute over…
US economic growth, corporate profits revised higher in 2023
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy grew faster than initially thought in 2023 amid upgrades to business investment and consumer spending despite hefty interest rate increases from…
US economy grew at a solid 3% rate last quarter, government says in final estimate
WASHINGTON (AP) — The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the government said Thursday, leaving…
Wall Street just got another sign that dealmaking is on its way back
Wall Street just got a new sign that dealmaking is making a comeback. Jefferies Financial Group (JEF) reported third quarter results Wednesday afternoon that showed investment banking fees were up…
World’s Most Popular Vegetable Oil Is No Longer the Cheapest
(Bloomberg) — Palm oil has lost its position as the world’s cheapest edible oil, thanks to shrinking output in the biggest growers and plentiful supply of the main alternative. Most…
- Legal Topics
- September 26, 2024
- 22 views
Workplace Safety Concerns for Florida Employers in Anticipation of Hurricane Helene
Tropical Storm Helene is projected to hit Florida’s Gulf Coast as a major hurricane later this week, and evacuations are already underway in parts of the state. Employers are likely…
- Legal Topics
- September 26, 2024
- 25 views
Sixth Circuit Explicitly Sidesteps the NLRB’s McLaren Macomb Decision
The Sixth Circuit Court of Appeals recently declined to comment on the National Labor Relations Board’s (the “Board”) McLaren Macomb decision which took aim at overbroad non-disparagement and non-disclosure agreements. We first…
Fed’s Kugler Says She ‘Strongly Supported’ Half-Point Rate Cut
(Bloomberg) — Federal Reserve Governor Adriana Kugler said she “strongly supported” the central bank’s decision to lower borrowing costs by a half point last week, adding it will be appropriate…
Oil Holds Sharp Drop on Signs Libya May Soon Resume Production
(Bloomberg) — Oil steadied after declining the most in two weeks as Libya’s factions reached a “compromise” on leadership for the OPEC member’s central bank, opening the way to the…
