Home / 2023 / February (page 41)

Monthly Archives: February 2023

Chick-fil-A will test cauliflower sandwich

Chick-fil-A is making its cauliflower sandwich the same way as its original chicken sandwich. Source: Chick-fil-A Chick-fil-A will test its first plant-based entree: a cauliflower sandwich. The new sandwich closely resembles its famous chicken sandwich, but uses breaded and pressure-cooked cauliflower in place of meat. related investing news Starting Monday, …

Read More »

Wall Street’s frozen market is thawing after stock rally

Wall Street just pulled off its biggest IPO in four months, giving bankers hope that the market for newly-listed company shares is stirring to life. The solar technology firm Nextracker raised $638 million by selling about 15% more shares than expected, sources told CNBC Wednesday. related investing news The listing, …

Read More »

Many of America’s small businesses are in their own private recession

A “store for rent” sign hangs in an empty storefront in Somerville, Massachusetts, September 1, 2022. Brian Snyder | Reuters Stocks have posted sizable gains to start the year, with the S&P 500 up 8%, on hopes that a soft landing for the economy is in the cards. On Wall …

Read More »

Small businesses fight credit card swipe fees

Sol Dias Ice Cream, in the Dallas metro area, draws in customers with its award-winning mango sorbet and flavors with a Mexican twist like “tequila” and “queso.” The unique flavors may be what put Sol Dias, with its two locations, on the map, but it’s a small placard on the …

Read More »

Stablecoin giant Tether records surprise $700 million profit

Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images Tether on Thursday published its latest quarterly financials, with the world’s top stablecoin issuer stating publicly for the first time that it generated a profit.  Tether, which is owned by Hong Kong-headquarter …

Read More »

Twitter disinformation report disappoints European Union

Win McNamee | Getty Images Twitter delivered a lackluster report about how it fights disinformation on its platform, European officials said in a press release Thursday, warning that they expect more from the Elon Musk-run platform ahead of the enforcement of sweeping new regulations in the region. Twitter issued the …

Read More »

Disney CEO Bob Iger says he prefers to stay only two years

Disney CEO Bob Iger appeared on CNBC’s “Squawk on the Street” Thursday following the company’s announcement it would cut 7,000 jobs and slash $5.5 billion in costs as part of a larger reorganization. Iger, who returned to Disney’s helm in November, said Thursday he had no plans to stay longer …

Read More »

Everything is on the table now with Hulu, Disney CEO Iger says

Disney CEO Bob Iger said Thursday that “everything is on the table” with streaming service Hulu. Disney owns two thirds of the streaming service, which focuses on more adult-oriented general entertainment content such as the series “Only Murders in the Building” and the sci fi thriller “Prey.” Iger wants Disney …

Read More »

Weigh these 7 factors first

Halfpoint Images | Moment | Getty Images 1. Investment fees Investment fees are a big consideration for rollovers, advisors said. Investment funds in 401(k) plans are generally less costly than their IRA counterparts. That’s largely because IRA investors are “retail” investors while 401(k) savers often get access to more favorable …

Read More »

As demand for Covid vaccines falls, AstraZeneca lines up ‘blockbuster’ products for 2023

AstraZeneca has “blockbuster” projects in development that are set to make billions of dollars, according to its CFO. BSIP / Contributor / Getty Images Demand for Covid-19 vaccines has dropped as the pandemic enters its fourth year, but AstraZeneca says it has “blockbuster” projects in development that are set to …

Read More »