Thank Business Its Friday
Breaking News
U.S. stocks closed at the lows of the session on Thursday ahead of the Consumer Price Index, due Friday, which is expected to show inflation remained near a 40-year high. Bond yields advanced again with the 10-year crossing 3% and the 2-year hitting 2.815%, the highest since December 2018. In commodities, oil closed at $121.51 with gas prices expected to hit $5 a gallon overnight.
Developing Story
| Symbol | Price | Change | %Change |
|---|---|---|---|
| I:DJI | $32,677.87 | -233.03 | -0.71% |
Dow laggards include Boeing, Disney, Visa and Apple, while Home Depot, 3M and Saleforce are notching modest gains.
Developing Story
| Symbol | Price | Change | %Change |
|---|---|---|---|
| COST | $482.32 | +14.33 | +3.06% |
| SBUX | $80.07 | +1.60 | +2.04% |
Costco and Starbucks buck the downtrend in the Nasdaq Composite.
Nasdaq Composite Index.
Formed at the start of 2010, Rosetta Brands began as specialists in the online sale of fun gifts from the USA to UK consumers
Owner Nick Comer, who began the business working from a spare bedroom at home, soon found online sales from Amazon were really taking off, and relocated to offices in Nateby, Garstang to manage his growing business.
Nick contacted Boost’s business relationship management team in 2017 and was referred to Boost’s Bespoke Programme and was introduced to Hayley Caine, a sales and marketing strategist.
Nick said: “I look right back to the very first conversation with Hayley when I divulged our initial concept to grow our business as the ‘gateway’ between food and drink brands looking to sell to Amazon, as the real turning point for the business.
“Hayley gave me the
‘Tis the season for summer subscription scams. The Better Business Bureau of Central Illinois is getting daily calls from individuals and businesses who are being targeted by subscription scammers, reports Central Illinois Proud. Among the subscription companies being impersonated are QuickBooks and Norton Anti-Lock. Victims typically receive bogus emails, with the scammers telling their victims that it is time for renewal, hoping they will pay up.
“Online retailers are always a top scam that we see here at BBB, so checking out a company before you do business with them can save you so much headache,” says Jessica Tharp, president and CEO of the Central Illinois branch of BBB.
Tharp’s advice is not to click on subscription renewal links or call the phone numbers listed in the emails. Instead, those who actually subscribe to those services can go directly to their online QuickBooks or Norton Anti-Lock accounts to verify
Tech giants IBM and Microsoft are laying off hundreds of employees in Russia as companies continue to leave or scale down businesses in the country.
IBM suspended its Russian operations in March after the country invaded Ukraine, but employees were kept on the payroll. In a memo to staff on Tuesday, chairman and CEO Arvind Krishna announced an “orderly wind-down” of business in Russia. The local workforce will be laid off, he said.
“Our colleagues in Russia have, through no fault of their own, endured months of stress and uncertainty,” said Krishna. “We recognize that this news is difficult, and I want to assure them that
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There’s more help on the horizon for small businesses in the Twin Cities that have been hit the hardest by the economic impact of COVID-19.
From June 1 through June 14, eligible minority- and women-owned businesses in Anoka, Carver, Dakota, Hennepin, Ramsey, Scott and Washington counties can apply for $10,000 grants as part of the Comcast RISE Investment Fund initiative. It’s an extension of Comcast RISE, which stands for representation, investment, strength and empowerment. The fund is for small firms that have been in business for three or more years with one to 25 employees.
This latest $5 million round of funding brings the total to $16 million in grants awarded as part of the initiative, which includes businesses in the Twin Cities, Atlanta, Detroit, Pittsburgh and Philadelphia. A total of 100 grants per city, or 500 overall, will
