Sunday, 29 Sep 2024

Business

Business News Today: Get all the Latest Business News, Economy News, International Business News on the news24x7world.com. Read Business News …

Drawing on comics to get their content out to followers

The pandemic has led many millennials to re-examine the long-term prospects of their jobs – but few may have done so with as much comic-book flair as Mr He Ruiming and Mr Goh Wei Choon. The pair, both 31, quit their jobs this year to work full time on their comic-style personal finance blog The […]

Wall Street closes lower as stimulus rally cools, Tesla volume jumps

(Reuters) -U.S. stocks ended lower on Friday, pulled down by uncertainty around a coronavirus stimulus deal, while Tesla shares jumped in heavy trading in anticipation of their addition to the S&P 500 next week. All three major indexes hit record highs at the opening before retreating. The S&P 500 technology index, which has led gains […]

PTC Retail Wraps Up ‘Banner Year,’ Teases Update for FlexPLM

As 2020 comes to a close, PTC Retail described it as a “banner year” with business growth in all of the key metrics the company measures including “customer partnerships, enterprise-scale expansions and cost-effective upgrades” to its technology. “Demand for PTC FlexPLM, retail’s most widely used PLM platform remains high, and with breakthrough PLM innovations and […]

Carrier Plant Is Bustling, but Workers Are Wary as Trump Exits

For the workers fortunate enough to remain employed at Carrier’s Indianapolis factory, which Donald Trump singled out as a symbol of American manufacturing distress in 2016, these should be the best of times. The assembly line is churning out furnaces seven days a week, overtime is abundant, and shares of Carrier are soaring even as […]

Bunnings slammed in parody ad for selling Roundup weed killer banned abroad

Retail giant Bunnings has been singled out for selling herbicides that have been subject of a number of global bans and lawsuits. Activist group SumofUs has released a parody Bunnings ad that calls out the firm for selling Roundup products that contain the active ingredient Glyphosate. The ad, which borrows from the Bunnings advertising style […]

FedEx profit leaps on rate hikes, e-commerce shipments

FILE PHOTO: A Federal Express cargo plane approaches to land in San Diego, California August 24, 2020. REUTERS/Mike BlakeLOS ANGELES (Reuters) -U.S. delivery firm FedEx Corp on Thursday said quarterly profit almost doubled after rate hikes and spiking volume helped lower the cost of delivering pandemic-fueled e-commerce purchases to residential addresses. Fiscal second quarter adjusted […]

Drop Ship, Sustainability Drummed Up Most Searches at Informa Markets Fashion’s Digital Events

With the digital trade show season over, Informa Markets Fashion, which launched fashion wholesale digital events for MAGIC, Coterie, Project, MICAM Americas, and Children’s Club, along with business-to-business e-commerce platform partner, NuOrder, has released their digital event metrics and market insights. As the industry continues to rebuild and recalibrate, the analytics signal a resurgence in […]

Workers Tap Retirement Savings as a Last Resort

About a month into the pandemic, Tyler Mathiesen lost his position at a tech company, his first full-time job out of college. For several months, everything was fine: Payments on his $75,000 in student loans were paused, and the extra $600 weekly federal unemployment benefit helped pay the rest. He even managed to save some […]

U.S. calls Switzerland, Vietnam manipulators in Trump trade shot

WASHINGTON (Reuters) – The Trump administration labeled Switzerland and Vietnam currency manipulators on Wednesday, in another parting shot at international trading partners that could complicate matters for U.S. President-elect Joe Biden’s incoming team. In a long-overdue report, the U.S. Treasury also added India, Thailand and Taiwan to a list of countries it says may be […]

Wall Street remains mixed after Fed announcement

Slideshow ( 2 images )(Reuters) -Wall Street was mixed on Wednesday, with the Nasdaq hitting a record high as investors awaited a potential fiscal economic stimulus package after the Federal Reserve repeated a pledge to keep its benchmark interest rate near zero. The S&P 500 turned slightly negative after the Fed promised to keep funneling […]