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These New York Agencies Benefit From Giving Away Taxpayer Money
State and local governments love giving out taxpayer money so private companies will choose to do business there instead of someplace else. Each U.S. state has some form of an economic development agency whose primary purpose is to incentivize companies to set up shop within the state or to keep them from leaving. A new […]
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Alabama Bill Would Criminalize Librarians Who Allow ‘Material Harmful to Minors’
Under a new bill working through the Alabama Legislature, public librarians could soon face prosecution for providing minors with “harmful” materials. Critics say that the bill, which passed the state’s House of Representatives with a large majority, would force librarians to unnecessarily censor challenged books, or face misdemeanor charges. “This basically gives one person the […]
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Amazon UK Workers Challenge Use of QR Codes for Quitting Union
Five Amazon.com Inc. workers at a UK warehouse are challenging the company’s introduction of posters with QR codes that let employees cancel their union membership in seconds.
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Russia Oil Refining Curbed as Maintenance Follows Drone Strikes
Russia’s oil-processing rates remain under pressure as refineries, which have barely recovered from drone attacks, enter seasonal maintenance.
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BHP’s South Africa Snub an Indictment of ANC, Opposition Says
BHP Group Ltd.’s bid to spin off Anglo American Plc’s South African assets as part of a takeover proposal shows how the economic policies of the ruling African National Congress have undermined investor confidence in the country, the main opposition party said.
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TGI Fridays Mulls Options to Repay Franchise-Backed Debt
TGI Fridays is working with Guggenheim Partners to explore ways to address its debt as the restaurant chain contends with weakening sales, according to people with knowledge of the matter.
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Snap’s Stock Surge Is Latest Example of Earnings Volatility
Snap Inc.’s sizable post-earnings swing Friday is nothing new to its investors. What’s different this time is the direction: up.
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Southern Copper Lifts Output Forecast Amid Tight Metal Market
Southern Copper Corp. raised its annual production guidance as ore quality improves and the company resolves water supply issues in Mexico, offering a little relief for a tightening global copper market.
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Alphabet Leaps Into $2 Trillion Club as Results Show AI Strength
Alphabet Inc. jumped decisively above a $2 trillion market capitalization on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence.
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UBS Says Investors Fear Labour Could Hit UK Banks’ BOE Deposits
Investors are starting to worry that a future Labour government could seek to raise money for public services by reducing the amount commercial banks earn on deposits held at the Bank of England, analysts at UBS said.
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