Shares of AMD surged over 9 percent today, in concert with a NASDAQ rally but buoyed even further based on revenue growth across every one of the company’s business units. Here’s why…Forbes – Innovation Read More
Month: May 2022
Bank of America will pay $10 million for improperly garnishing customer accounts.
The bank let creditors take funds from customers’ accounts even when state laws should have barred them from doing so. And it charged those customers fees for the operation.NYT > Business Read More
Corporate America Doesn’t Want to Talk Abortion, but It May Have To
In a deeply divided nation, public statements on Roe v. Wade can affect everything from recruiting to a company’s bottom line. So far, that has kept almost everyone quiet.NYT > Business Read More
The Fed Still Isn’t the Stock Market’s Friend
Wednesday’s rally notwithstanding, the central bank could do more damage to equities as it keeps tightening.WSJ.com: Markets Read More
Sonatype Defines Path To The Software Supply Chain
There are 7-defined pillars of software supply chain management: safety, scalability, standardization, speed, savings, solidity and sustainability. Sonatypeadvocates software supply chain automation as the key enabling differentiator in this space.Forbes – Innovation Read More
Coinbase CEO Issues Stunning Crypto Prediction As The Price Of Bitcoin And Ethereum Suddenly Soar
Brian Armstrong, the chief executive of major bitcoin and crypto exchange Coinbase, has predicted there will be a massive influx of crypto users in the coming decade…Forbes – Money Read More
What to Eat, See and Do in Manhattan
Broadway enthusiasts, art aficionados and food lovers will find new offerings in and around Times Square and in neighborhoods below 42nd Street, heralding the promise of a vibrant recovery.NYT > Business Read More
Thai Beverage Billionaire Revives Plan To List Regional Beer Unit In Singapore
Thai Beverage—controlled by Thai billionaire Charoen Sirivadhanabhakdi—has revived plans to list its regional beer business on the Singapore bourse, with the move seen boosting the growth potential of its brewery unit and the group.Forbes – Money Read More
Shell Takes $3.9 Billion Charge Related to Russia Exit
The oil major is the latest energy giant to document a financial hit from exiting the country following its invasion of Ukraine.WSJ.com: US Business Read More
Stock Futures Slip After Fed-Driven Rally
U.S. stock futures ticked lower, a day after comments from Fed Chairman Jerome Powell sent stocks on Wall Street soaring.WSJ.com: Markets Read More