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Schneider Electric Recalls About 1.6 Mln Electrical Panels
Schneider Electric USA Inc. is recalling about 1.6 million units of Electrical Panels for potential risk of thermal burn and fire hazards, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. These included about 289,000 units sold in Canada. The company said the load center can overheat to pose thermal burn and fire hazards.
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vor 902 Tagen
U.S. Jobless Claims Edge Down Less Than Expected To 229,000
The Labor Department released a report on Thursday showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended June 11th. The report showed initial jobless claims edged down to 229,000, a decrease of 3,000 from the previous week's revised level of 232,000.
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vor 902 Tagen
Duke Energy Progress Says Customers Will See Bills Increase If NCUC Approves
Duke Energy Progress, a subsidiary of Duke Energy Corp. (DUK), said Thursday that it has made its annual filings with the North Carolina Utilities Commission (NCUC) this week for costs associated with fuel and various riders, including state programs to encourage renewable energy adoption, and energy efficiency and demand management programs to reduce energy use.
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vor 902 Tagen
22nd Century Group Names Hugh Kinsman As CFO
Agricultural biotechnology firm 22nd Century Group Inc. (XXII) announced Thursday the appointment of Hugh Kinsman as Chief Financial Officer. Kinsman is currently CFO of GVB Biopharma, which 22nd Century acquired effective May 13, 2022.
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vor 902 Tagen
Pound Weakens After BoE Decision
The pound slipped against its most major counterparts in the European session on Thursday, after the Bank of England raised its key interest rate by 25 basis points, as expected.
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vor 902 Tagen
U.S. Housing Starts Plunge Much More Than Expected In May
A report released by the Commerce Department on Thursday showed new residential construction in the U.S. plunged by much more than expected in the month of May.
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vor 902 Tagen
American Express, Delta Air Lines Launch Credit Card Made From Retired Delta Boeing 747 Aircraft
American Express (AXP) and Delta Air Lines (DAL) announced Thursday the launch of the first-ever credit card design made with the metal from a retired Delta Boeing 747 aircraft. The limited-edition card design is available exclusively for Delta SkyMiles Reserve and Reserve Business Card Members from June 16 through August 3, 2022.
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vor 902 Tagen
more news
U.S. Weekly Jobless Claims Edge Down Less Than Expected
The Labor Department released a report on Thursday showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended June 11th.
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vor 902 Tagen
Kroger Boosts FY22 Outlook - Update
While reporting financial results for the third quarter on Thursday, supermarket chain Kroger Co. (KR) raised its adjusted earnings and identical sales outlook for the full-year 2022.
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vor 902 Tagen
Canadian Market Likely To Open On Negative Note On Recession Fears
Sharply lower Canadian and U.S. futures point to a weak opening on Bay Street on Thursday. Fears of a possible recession due to aggressive monetary tightening by global central banks triggered a sell-off in European markets and the trend is unlikely to be any different in the Canadian market this morning.
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vor 902 Tagen
IAG's Airline Vueling Partners BitPay To Offer Crypto Payment Option
Spanish airline Vueling, a part of IAG, has partnered Bitcoin payment processor BitPay to allow the airline's customers to make payments through this digital means of exchange. Vueling will become the first low-cost airline in Europe to accept cryptocurrencies as a payment method.
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vor 902 Tagen
Jabil Again Boosts FY22 Outlook - Update
While reporting preliminary, unaudited financial results for the third quarter on Thursday, Jabil Inc. (JBL) raised its core earnings and revenue guidance for the full-year 2022, based on solid demand in key areas of its business. The company also provided financial outlook for the fourth quarter.
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vor 902 Tagen
Pound Drops After BoE Decision
The Bank of England hiked its key rate by 25 basis points to 1.25 percent from 1 percent, as expected. Following the decision, the pound fell against its major counterparts.
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vor 902 Tagen
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