Business News
Not lovin' it: McDonald's McPlant burger failed, customers shunned non-meat option
New York Post - 27 Jun 2024 18:37
McDonald's declared that its experiment with plant-based burgers was a disaster.
Summer Obsessions
The New Yorker - 27 Jun 2024 12:00
The season often gives our relationships with art room to flourish. What do we make of those associations years down the line?
Brett Price Surging as Base Dawgz Shows Potential for Similar Gains
Bitcoin.com - 27 Jun 2024 08:45
The Base blockchain is buzzing with interest in meme coins again. Brett (BRETT) has been making headlines after its price shot up for two days straight. While investors digest this surprise rally, a new project, Base Daw...
Google to shore up Vertex AI's enterprise credentials with addition of Mistral Small, Large and Codestral models
Venture Beat - 27 Jun 2024 15:00
Google says Mistral's Small, Large and Codestral models will come to Vertex AI this summer, shoring up the platform's enterprise appeal after adding Anthropic's Claude 3.5 Sonnet.
Supreme Court rejects SEC's in-house courts--a critical enforcement tool in fraud cases
Fast Company - 27 Jun 2024 18:45
The in-house proceedings the SEC has used in some civil fraud complaints violate the Constitution, the court said. The Supreme Court on Thursday stripped the Securities and Exchange Commission (SEC) of a major tool in fi...
Treasury-market liquidity is back in focus -- but don't panic yet
Market Watch - 27 Jun 2024 19:41Job openings fall by a fifth in boost for hopes of rate cuts
Telegraph - 27 Jun 2024 08:00
Job openings have plunged by a fifth over the past year, signalling a rapidly cooling labour market that will boost hopes of interest rate cuts.
Elmnts Emerges From Stealth With Plans to Launch Commodity Tokenization Platform
Bitcoin.com - 27 Jun 2024 23:01
Elmnts, a new blockchain-based venture, has announced the forthcoming launch of its beta platform focused on tokenizing real-world assets (RWA), starting with oil and gas mineral rights and royalties. As part of a broade...
If Arizona Iced Tea's price kept pace with inflation, it would cost 124% more than it does today
Market Watch - 27 Jun 2024 22:04Citigroup urges staffers to 'keep cool' as anti-Israel protesters surround NYC headquarters
New York Post - 27 Jun 2024 01:31
Video obtained by the Post shows pro-Palestinian protesters waving signs and chanting slogans including "From the river to the sea, Palestine will be free" and "From the sea to the river, Palestine will live forever."
Ripple CEO Blasts SEC Chair's Crypto Remarks -- Says 'Gensler Will Cause Biden to Lose the Election'
Bitcoin.com - 27 Jun 2024 01:16
Ripple CEO Brad Garlinghouse has criticized SEC Chair Gary Gensler’s recent statements on the crypto industry, calling them “absolute nonsense.” The executive argued that Gensler’s actions and oversight failures ...
Florida Fisherman Pleads Guilty to Tax Evasion on Massachusetts Income
Small Business Trends - 27 Jun 2024 19:00
Florida fisherman pleads guilty to evading over $400,000 in taxes on income earned in Massachusetts, facing up to five years in prison.
Kering shares jump on double upgrade of Gucci owner by Bank of America
Market Watch - 27 Jun 2024 16:36LVMH boss Bernard Arnault raised his job's retirement age to 80. Warren Buffett told him that age limit was too low.
Business Insider - 27 Jun 2024 15:50Stock market today: US edge higher amid mixed earnings and ahead of PCE inflation data
Business Insider - 27 Jun 2024 15:45This pioneering JPMorgan portfolio manager says it's a lot easier these days to find market losers
Market Watch - 27 Jun 2024 13:53Mortgage Interest Rates Today, June 27, 2024 | Rates Hold Relatively Steady
Business Insider - 27 Jun 2024 12:00
These are today's mortgage and refinance rates. Mortgage rates are hovering in the mid-6% range, and they may not drop substantially until 2025 or 2026.
Home Loans: How to buy your first home despite high interest rates?
livemint.com - 27 Jun 2024 10:46
Buying your first home can be both exhilarating and challenging, particularly in the face of elevated interest rates.
Private car parks to have 10-minute 'grace period'
BBC - 27 Jun 2024 09:32
But new code of practice is criticised for failing to protect drivers from "sharks" in the industry.
Building a new factory? Budget may extend concessional tax rate for a year
livemint.com - 27 Jun 2024 02:30McDonald's plant-based burger fizzles out -- even in San Francisco, company says
L.A. Times - 27 Jun 2024 01:49
The meatless burger dubbed the McPlant "was not successful" in the Bay Area, McDonald's USA President Joe Erlinger revealed during the Wall Street Journal's Global Food Forum.