Financially+ (2024)

15/05/2023

Old Bearer Bonds That Had Been Damaged By Hurricane Katrina Flooding Redeemed For Over $250,000 In Louisiana

ECONOMY Old Bearer Bonds That Had Been Damaged By Hurricane Katrina Flooding Redeemed For Over $250,000 In Louisiana Published 3 days ago on May 12, 2023 By Financially+ Staff ADVERTISEMENT - CONTINUE BELOW Related Topics:"tmx" About Financially+ Financially+ provides our community with the latest p...

27/04/2023

3M Announces Another 6,000 Layoffs, Following 2,500 in January

3M announced major layoffs Tuesday in a restructuring “intended to make 3M stronger, leaner and more focused,” by simplifying the supply chain and reducing layers of management, the company said. The manufacturer of products including Post-It Notes and Scotch Tape will be cutting 6,000 jobs glob...

26/04/2023

Companies Like Disney Can Help Minimize the ‘Hidden Costs of Layoffs,’ Business Coach Says

Disney made a second round of layoffs Monday, bringing the total number laid off so far to 4,000, with plans for a further 3,000 cuts. The company first notified employees of impending layoffs on March 27. The current round is expected to be completed this week, and a third round of layoffs is expec...

26/04/2023

Coach AK: Empathy is a Must-Have For Building Successful Business Relationships

A recent multi-industry survey of U.S. employees by the nonprofit Catalyst found empathy to be “an important driver of employee outcomes such as innovation, engagement, and inclusion — especially in times of crisis.” AK Ikwuakor, or Coach AK,” a performance and executive coach and former wor...

25/04/2023

Coach AK: Companies Like Disney Can Help Minimize the Hidden Costs of Layoffs

Disney made a second round of layoffs Monday, bringing the total number laid off so far to 4,000, with plans for a further 3,000 cuts. The company first notified employees of impending layoffs on March 27. The current round is expected to be completed this week, and a third round of layoffs is expec...

25/04/2023

Lawyer: Tucker Carlsons Termination Likely Settled Under Sophisticated Contract

Tucker Carlsons sudden departure from Fox News has many speculating about the timing in relation to the companys $787.5 million settlement of a defamation lawsuit brought by Dominion Voting Systems. The press release from Fox News said Carlson and the network “agreed to part ways,” and thanked h...

12/04/2023

FTX Owes More Than $3 Billion To Top Creditors

Collapsed cryptocurrency exchange FTX and its affiliates owe more than $3 billion to its 50 biggest creditors, it said in a court filing Saturday. FTX filed for Chapter 11 bankruptcy in Delaware on Nov. 11, and there could be more than 1 million creditors and investors who lost funds. John Ray III,....

12/04/2023

Wells Fargo Ordered To Pay $3.7 Billion In Restitution And Fines

Wells Fargo has been ordered by federal regulators to pay $3.7 billion to settle charges that it charged illegal fees on home and car loans and incorrectly charged overdraft and other fees. The U.S. Consumer Financial Protection Bureau on Tuesday announced the enforcement action, which includes $2 b...

26/03/2023

FTX Customer Sues Golden State Warriors For Promoting Failed Exchange

An FTX customer is suing the Golden State Warriors for fraudulently promoting the crypto exchange, in which he says he lost $750,000. Canadian citizen and Hong Kong resident Elliott Lam filed the lawsuit in San Francisco, Calif., against the NBA team, former CEO Sam Bankman-Fried, and Caroline Ellis...

25/03/2023

Goldman Sachs Warns Bear Market Is Not Over

Goldman Sachs analysts in a note on Monday forecast the bear market to continue into 2023, with a recent rally for equities expected to end. The bear market is not over, in our view, wrote strategists Peter Oppenheimer and Sharon Bell, who noted the recent rebound is not the first we have seen in th...

25/03/2023

Best Buy Beats Third Quarter Expectations Ahead Of Holiday Rush

Shares of Best Buy climbed on Tuesday after the retailer beat expectations in the third quarter and maintained a positive outlook for holiday sales. The company reported revenue of $10.59 billion for the quarter, down from $11.9 billion in the same quarter last year. While demand is down from pandem...

25/03/2023

Plunging Oil Prices Could Send Gas Below $3 Per Gallon

Oil prices plummeted this week, falling to ten-month lows on Monday amid concerns about declining demand. Despite a decline in oil inventories reported by the U.S. Energy Information Administration, prices seem to be depressed due in part to COVID outbreaks in China. “Its terrific news as motorist...

25/03/2023

Disneys Bob Iger Starts Restructuring After Returning As CEO

Disneys newly returned CEO Bob Iger informed employees he plans to “restructure” the company “in a way that honors and respects creativity as the heart and soul of who we are.” “This is a time of enormous change and challenges in our industry, and our work will also focus on creating a mor...

25/03/2023

Online Sales Break Black Friday Record

Black Friday brought in a record $9.12 billion in online sales this year, according to Adobe Analytics, up 2.3% from last year. Electronics and gaming were the top purchases Friday, with toys and exercise equipment also seeing major interest. Amid concerns about inflation and the cost of living, con...

25/03/2023

Twitter Seeks Dismissal Of Lawsuit From Former Employees

Twitter on Friday asked a federal court in San Francisco, Calif., to dismiss a lawsuit filed by former employees over “mass layoffs,” or move it to the District of Delaware. Eight former employees of the social media company filed the potential class-action lawsuit over being laid off after new ...

25/03/2023

Gas Prices Could Climb Back To $4 For Summer 2023

While gas prices are expected to trend lower in 2023, analysts at price-tracking app GasBuddy say a $4 national average over the summer “remains possible.” The yearly national average in 2023 is expected to drop nearly 50 cents per gallon to $3.49, according to GasBuddy, but a seasonally weak st...

25/03/2023

Healthcare Workers Are Plagued By Financial Stress Amid Labor Shortages, Study Shows

Healthcare workers are growing concerned about their ability to afford necessities amid labor shortages, a new poll shows. It’s no secret that healthcare professionals’ work-life balance has suffered in recent years amid the pandemic, but new findings from a Harris Poll conducted late last year ...

25/03/2023

DailyPay Secures $260 Million in Capital to Expand Globally and Invest in Product Innovation

Financial technology company DailyPay has raised $260 million in capital to expand domestically, internationally and invest in product innovation. The company announced Tuesday the funding is split between a revolving credit facility capacity from Barclays and Angelo Gordon, and new term loan fundin...

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