News

Economies of Scope

Highlights:,Economies of scope occur when a single investment supports multiple profitable activities more cost-effectively together than separately.,This concept emphasizes cost savings from diversification and shared resources across different oper...

Oversubscribed Issues: Exploring Causes, Effects, and Strategies

Highlights:,An oversubscribed issue occurs when the demand for a new offering of shares or bonds exceeds the supply, leading to allocation among investors.,This situation typically arises when the issue is underpriced or highly sought after due to pr...

Economic Union: A Comprehensive Understanding

Highlights:,An economic union promotes the free movement of goods, services, labor, and capital across borders.,It integrates various national policies, including fiscal, monetary, and social regulations.,Economic unions aim to create a unified marke...

Economic Stimulus: A Path to Economic Revival

Highlights:,Economic stimulus aims to boost the economy through fiscal policies like government spending and tax reductions.,The effectiveness of the stimulus is debated, with economists divided on the size of the stimulus multiplier.,Critics argue t...

Pearson and Microsoft Announce Multi-Year Partnership to Transform the Future of Learning and Work with AI

Both companies are committing to transforming and scaling AI skilling and learning for learners, workers, and employers Pearson to further benefit from Microsoft Azure Cloud capabilities and...

APPOINTMENT OF ARVIND BHANDARI AS CHAIRMAN AND MANAGING DIRECTOR OF GOODYEAR INDIA

SHANGHAI, Jan. 15, 2025 /PRNewswire/ -- Goodyear is pleased to announce the appointment of Arvind Bhandari as Chairman and Managing Director of Goodyear India, effective January 2, 2025. Based in...

USPS Unveils Latest Lunar New Year Stamp

2025 is the Year of the Snake BOSTON, Jan. 15, 2025 /PRNewswire/ -- Today, the U.S. Postal Service unveiled the Lunar New Year: Year of the Snake stamp in the historic Boch Center Wang Theatre...

LA Galaxy and Los Angeles Kings Join Forces With 10 Local Professional Teams to Support Those Impacted by Los Angeles Wildfires

January 14, 2025 /3BL/ - AEG’s LA Galaxy and Los Angeles Kings have united with 10 other local professional sports franchises to pledge a combined donation of more than $8 million to help those impact...

Rockwell Automation Supports Relief Efforts for California Fires

Rockwell Automation is donating $50,000 to the American Red Cross to support wildfire relief efforts in and around Los Angeles, California. Rockwell funds will support the American Red Cross network a...

Eli Lily cuts 2024 revenue guidance by $400M, shares sink 8%

Eli Lilly saw its shares crash in early trade on Tuesday as the pharm major provided its revenue outlook for 2024 and 2025. The pharma major cut its revenue guidance for the year leading to an around 8% dip in its shares. The stock has gone down over...

Clorox’s Martinsburg Plant Achieves Zero Waste to Landfill

Clorox’s environmental, social and governance goals are integrated into our IGNITE strategy because we believe they create value for our company, brands, people and communities. We’ve focused on areas...

Google faces first major probe under UK’s new antitrust rules: what we know so far

Britain’s Competition and Markets Authority (CMA) has initiated a probe against Google in its first significant investigation under the recently enacted Digital Markets, Competition and Consumers (DMCC) Act. This new legislation, which came into forc...

Nicor Gas Celebrates Its First Renewable Natural Gas Interconnection

Southern CompanyNAPERVILLE, Ill., January 14, 2025 /3BL/ - Nicor Gas celebrated the opening of its first renewable natural gas (RNG) interconnection with Air Liquide's largest RNG facility in the worl...

HARMAN Unveils HARMAN ConnectIQ: An AI-Powered Solution to Boost Retail Frontline Productivity at NRF Big Show 2025

Originally published on HARMAN NewsroomJanuary 14, 2025, STAMFORD, CT /3BL/ – HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., announced that its HARMAN Digital Transformation Solutions b...

Building Stronger Communities: How Radius Recycling Infrastructure Supports Disaster Recovery

Originally published in Radius Recycling's 2024 Sustainability ReportRadius operations and recycling infrastructure play an essential role in helping our communities thrive.Whether through formal part...

Grainger plc Faces New Challenges Amid Stock Decline

Headlines,Grainger plc Experiences Notable Stock Movement,Insights into Recent Developments,Key Factors Driving Share Trends,Grainger plc, listed under the ticker (,LON:GRI),, recently reached its lowest trading point over the past year. The company’...

Ras Al Khaimah Art Festival: Journey Through Memory at the 13th Edition

RAS AL KHAIMAH, UAE, Jan. 14, 2025 /PRNewswire/ -- Prepare to embark on a transformative journey of creativity, culture, and connection at the 13th Annual Ras Al Khaimah Art Festival. Taking place fro...

Kinovo Plc: Recent Developments and Industry Perspectives

Headline,Kinovo shares experienced a decline, drawing attention to its recent performance trends.,The company has received industry recognition with reaffirmed ratings.,Key financial ratios and operational updates provide insights into the company’s...

Klarna partners with Stripe ahead of highly anticipated US IPO

Klarna is in focus this morning after announcing a new distribution partnership with Stripe aimed at expanding its footprint in financial services ahead of its upcoming listing in the United States. The agreement will make the company’s “buy now, pay...

Long CCK: positive revenue outlook and bullish technical pattern indicate potential upside in crown holdings