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Value of U.S. cigarette brands written down by $34 billion
British American Tobacco on Thursday said it was taking a £27.3 billion ($34.5 billion) writedown on the value of its U.S. cigarette brands. The cigarette…
Australia to allow workers to ignore unreasonable after-hours calls and messages from bosses
Australia will introduce laws giving workers the right to ignore unreasonable calls and messages from their bosses outside of work…
Kellanova beats profit expectations, but high prices are hurting sales
Shares of Kellanova, formerly known as Kellogg, climbed Thursday as the snacks and cereal company, whose brands include Pop-Tarts, Cheez-It and Special K,…
Yellen: It’s ‘obvious’ that empty office buildings will create banking stress and losses
Story highlights
Yellen said big banks' exposure to commercial real estate is “quite low,” but some smaller banks may be experiencing stress.…
Most big cryptocurrencies rise on Cardano, Solana increases
Most large cryptocurrencies were up during morning trading on Thursday, with Cardano
ADAUSD,
+5.71%
seeing the biggest move, climbing 6.34% to…
FCC votes to ban scam robocalls that use AI-generated voices
The Federal Communications Commission said Thursday it is immediately outlawing scam robocalls featuring fake, artificial…
Ford earnings spurs buying of bonds as spreads over U.S. Treasurys tighten
Ford Motor Co.’s stock rose 3% Wednesday after an upbeat earnings report that also spurred buying of its outstanding bonds and helped spreads tighten over…
Zyn nicotine pouches are selling like hotcakes
Move over vapes, Americans appear to have a new addiction: Zyn, a tobacco-free nicotine pouch product, that has exploded in sales over…
PayPal’s stock slides as company hits reset but ‘existential question’ lingers
PayPal Holdings Inc. hit the reset button once again, and its shares were tumbling in Thursday morning trading as some on Wall Street continued to express…
Most Black Americans say they feel successful, survey finds
A majority of Black Americans say they feel at least somewhat successful but nevertheless feel financial pressures regardless of…