Home / 2023 / July (page 2)

Monthly Archives: July 2023

Peltz, Druckenmiller, Navarro back Tim Scott PACs as DeSantis falters

Republican U.S. presidential candidate Senator Tim Scott (R-SC) speaks as he is interviewed by Former Fox News commentator Tucker Carlson during the Family Leadership Summit at the Iowa Events Center in Des Moines, Iowa, July 14, 2023. Scott Morgan | Reuters A super PAC backing Republican presidential candidate Sen. Tim …

Read More »

Lebanon’s central bank chief steps down after 30 years

Riad Salameh’s tenure as governor of Lebanon’s central bank on Monday came to an end after 30 years, with many sharply critical of the legacy he now leaves behind. “The loss of savings for several generations of Lebanese” is all part of Salameh’s legacy, Nasser Saidi, a former vice governor …

Read More »

Cresco, Columbia terminate $2 billion cannabis merger

A worker trims leaves of young cannabis plants in a greenhouse at a Cresco Labs Inc. facility in Indiantown, Florida, U.S., on Monday, March 28, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images A $2 billion mega-deal between cannabis multistate operators Cresco Labs and Columbia Care has gone up …

Read More »

Vogtle Unit 3 nuclear reactor, long delayed, starts delivering power

Vogtle nuclear reactor 3 Source: Georgia Power Monday marked the first time a new nuclear reactor has begun delivering power to the electric grid in the United States in nearly seven years. Nuclear energy does not generate the greenhouse gas emissions that cause climate change. The unit 3 reactor at …

Read More »

SOFI, ON, DIS, SG and more

Pedestrians walk by the SoFi Technologies headquarters on February 22, 2022 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. SoFi Technologies – Shares of the fintech company popped more than 18% after it reported second-quarter results and lifted its full-year …

Read More »

61% of Americans live paycheck to paycheck even as inflation cools

By many measures, consumers who have been squeezed by higher prices should be experiencing some relief. Recent releases show that, at least compared with the soaring inflation of a year ago, prices have begun to ease. The consumer price index, which measures inflation, increased 3% from a year ago, which is …

Read More »

Francisco Partners, TPG to take New Relic private in $6 billion deal

Lew Cirne, CEO, New Relic Scott Mlyn | CNBC A consortium led by Francisco Partners and private equity group TPG will take software provider New Relic private in an all-cash, $87-a-share offer that values the company at nearly $6.5 billion, the company announced Monday. New Relic shares rose 13% in …

Read More »

How to apply for Biden’s new SAVE student loan repayment plan

The U.S. Department of Education in Washington, D.C. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images More from Life Changes: Here’s a look at other stories offering a financial angle on important lifetime milestones. How the SAVE student loan plan works Instead of paying 10% of their discretionary income …

Read More »

You have to stand for your values

Beers on display at Winn-Dixie grocery store in Miami, Florida. Jeff Greenberg | Universal Images Group | Getty Images Heineken’s chief executive says the company has learnt lessons from the social media controversy around a campaign for rival beer Bud Light — but still believes businesses should stand up for their …

Read More »

Iran’s drones could reach a new South American market with Bolivia

Remain of Shahed 136 at an exhibition showing remains of missiles and drones that Russia used to attack Kyiv on May 12, 2023 in Kyiv, Ukraine.  Oleksii Samsonov | Getty Images Iran is seeing new demand for its drones, a development that has drawn concern from Washington and renewed Tehran’s …

Read More »