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Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
marketwatch.com/story/chip-sector-due-a-may-bounce-with-nvidia-near-trough-valuation-says-bank-of-america-strategists-689546a9
Chip sector due a May bounce with Nvidia near ‘trough valuation ...
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U.S. bans noncompete agreements for nearly all jobs: The Federal Trade Commission has voted to ban employment agreements that typically prevent workers from ...
npr.org/2024/04/23/1246655366/ftc-bans-noncompete-agreements-lina-khan
U.S. bans noncompete agreements for nearly all jobs
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
  • The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.

  • The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.

  • Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.

  • Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
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The Sports Bra announces plans to franchise with investment from Reddit co-founder Alexis Ohanian
oregonlive.com/sports/2024/04/the-sports-bra-announces-plans-to-franchise-with-investment-from-alexis-ohanian.html
The Sports Bra announces plans to franchise with investment from Reddit ...
Quick Glance: The Sports Bra Announces Franchising Plans with Investment from Reddit Co-Founder Alexis Ohanian
  • The Sports Bra, a now-iconic Portland destination that made history as the first women’s sports bar in the world, has announced plans to franchise and expand into other cities.

  • Investment from Reddit co-founder Alexis Ohanian - the husband of tennis legend Serena Williams - will fund the effort in partnership with Ohanian’s 776 Foundation. All returns from the investment will be invested back into girls’ and women’s sports via the foundation, the Sports Bra wrote in a post on Instagram.

  • Owner Jenny Nguyen opened The Sports Bra in Portland in 2022, and the business thrived in a city and state that has consistently showcased strong support for women’s sports.

  • But the growing hype around women’s sports is not unique to Portland. The popularity of women’s professional sports has seen a significant national uptick thanks, in part, to the emerging stardom of athletes like Sophia Smith, Caitlin Clark and others.
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Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Honda to set up $11 bln electric vehicle, battery plants in Canada
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
  • Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.

  • Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.

  • The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.

  • Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
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Many in Gen Z ditch colleges for trade schools. Meet the 'toolbelt generation' : With demand for jobs like HVAC technicians, electricians and wind turbine ...
npr.org/2024/04/22/1245858737/gen-z-trade-vocational-schools-jobs-college
Many in Gen Z ditch colleges for trade schools. Meet the 'toolbelt ...
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Bank of America’s hidden losses: Surging rates are drawing renewed attention to banks’ balance sheets.
axios.com/2024/04/24/bank-of-america-interest-rate-losses
Bank of America’s hidden losses
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How Volvo landed a cheap Chinese EV on U.S. shores in a trade war : A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
nbcnews.com/business/autos/volvo-landed-cheap-chinese-ev-us-shores-trade-war-rcna149349
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
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20 bank holding companies with the largest business loan portfolios : The top five bank holding companies have combined business loan portfolios of more than $2 ...
americanbanker.com/list/20-bank-holding-companies-with-the-largest-business-loan-portfolios
20 bank holding companies with the largest business loan portfolios
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Tesla stock price outlook: BofA sees 35% upside after Q1 earnings miss: "The tide in news flow appears to suggest the risk to the stock is skewing more ...
markets.businessinsider.com/news/stocks/tesla-stock-price-outlook-bofa-upgrade-buy-q1-earnings-robotaxi-2024-4
Tesla stock price outlook: BofA sees 35% upside after Q1 earnings miss
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Bank of America Boycott Calls Grow After MAGA Accounts Closed: Trump lawyer John Eastman claims he was "de-banked" for helping the former president try to ...
newsweek.com/bank-america-boycott-maga-john-eastman-1892134
Bank of America Boycott Calls Grow After MAGA Accounts Closed
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What will Trump's foreign policies be if he wins the White House?: Republican former President Donald Trump is planning to fundamentally alter the United States' ...
reuters.com/world/us/trumps-foreign-policy-rethink-nato-troops-mexico-boost-tariffs-2023-12-18/
What will Trump's foreign policies be if he wins the White House?
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How JPMorgan’s Cash Call Beat Bank of America: Jamie Dimon’s bank kept much of the pandemic-era gusher of cash in money markets or at the Fed ...
bloomberg.com/opinion/articles/2024-04-22/how-jpmorgan-s-cash-call-beat-bank-of-america
How JPMorgan’s Cash Call Beat Bank of America
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Meta earnings preview: What Wall Street expects from Facebook parent: Wall Street is upbeat heading into Meta Platforms' first-quarter earnings ...
markets.businessinsider.com/news/stocks/meta-earnings-preview-1q-stock-price-outlook-ai-instagram-reels-2024-4
Meta earnings preview: What Wall Street expects from Facebook parent
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Profile picture of Insider (news website)
Apple stock price prediction: 36% upside ahead of AI-enabled iPhone 16: Bank of America said Apple could announce a 5% dividend increase and $90 billion share ...
markets.businessinsider.com/news/stocks/apple-stock-price-prediction-upside-ahead-ai-enabled-iphone-16-2024-4
Apple stock price prediction: 36% upside ahead of AI-enabled iPhone 16
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BoU issues new rules for mobile money transactions : Bank of Uganda has directed that customers carrying transactions involving Shs1m or more must first verify ...
monitor.co.ug/uganda/business/finance/bou-issues-new-rules-for-mobile-money-transactions--4596110
BoU issues new rules for mobile money transactions 
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Why is Iran’s President Ebrahim Raisi visiting Pakistan?: Raisi is set to hold talks with top Pakistani leaders as the two nations aim to boost trade and resolve ...
aljazeera.com/news/2024/4/22/why-is-irans-president-ebrahim-raisi-visiting-pakistan
Why is Iran’s President Ebrahim Raisi visiting Pakistan?
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Bank Of America Rebound Hinges On Post-Earnings Action: Bank of America could be a buy or a sell on post-earnings action. Morgan Stanley reports first EPS gain ...
investors.com/news/bank-of-america-morgan-stanley-pnc-banks-earnings/
Bank Of America Rebound Hinges On Post-Earnings Action
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Jets trade Zach Wilson to Broncos. Reactions and grades for Quarterback trade: The New York Jets traded quarterback Zach Wilson to the Denver Broncos on Monday ...
usatoday.com/story/sports/nfl/2024/04/22/zach-wilson-trade-reactions-grades-broncos-jets/73416604007/
Jets trade Zach Wilson to Broncos. Reactions and grades for Quarterback ...
Quick Glance: Zach Wilson Trade Notes: Jets Deal QB to Broncos before 2024 NFL Draft
  • Nearly three years have passed since the New York Jets selected quarterback Zach Wilson as the second overall pick in the 2021 NFL Draft and are now officially trading the heavily criticized signal-caller to the Denver Broncos.

  • At the age of 24, Wilson has been available since the beginning of the 2024 offseason, with the team's general manager, Joe Douglas, openly stating the intention to relocate the former first-round pick.

  • In urgent need of quarterback reinforcements, the Broncos made significant roster moves by releasing veteran starter Russell Wilson before free agency and entering the draft with Jarrett Stidham leading the depth chart.

  • By signing journeyman Tyrod Taylor as Aaron Rodgers' primary backup earlier this offseason, the Jets effectively indicated the conclusion of Zach Wilson's tenure with the team.
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For $PNC, $500 Billion of Assets Isn’t Enough to Take on $JPM and $BAC: US banks like PNC that compete with JPMorgan and Bank of America shouldn’t be discouraged ...
bloomberg.com/opinion/articles/2024-04-25/for-pnc-500-billion-of-assets-isn-t-enough-to-take-on-jpm-and-bac
For $PNC, $500 Billion of Assets Isn’t Enough to Take on $JPM and $BAC
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Tesla shares drop on price cuts in run-up to earnings: Tesla fell more than 3% in premarket trade on Monday, as its latest global price cuts fanned Wall Street ...
reuters.com/business/autos-transportation/tesla-shares-drop-price-cuts-run-up-earnings-2024-04-22/
Tesla shares drop on price cuts in run-up to earnings
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2024 NFL Draft rumors roundup: Trade rumors, news ahead of first round: The 2024 NFL Draft begins Thursday night with its first round. Here are all of the latest ...
usatoday.com/story/sports/nfl/draft/2024/04/25/nfl-draft-rumors-news-trade-picks/73450242007/
2024 NFL Draft rumors roundup: Trade rumors, news ahead of first round
Quick Glance: Chicago Bears 2024 Draft Selections by Rounds Overview
  • In the first round, Chicago selected Caleb Williams, QB, USC as the No. 1 overall pick from the Panthers. Williams is viewed as a potential savior for the team, possessing elite arm talent and mobility to make difficult throws.

  • With the ninth pick in the first round, Chicago picked Rome Odunze, WR, Washington. Odunze, an All-American last year, is seen as a future co-WR1 with Moore.

  • The Chicago Bears also had selections in the third round.

  • They also had a pick in the fourth round, which came from the Eagles.
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Bank of America's 4-step plan: This is how the Tesla price rises again: After being upgraded to buy, Tesla stock could rise again, according to Bank of America ...
businessinsider.de/wirtschaft/4-stufen-plan-der-bank-of-america-so-steigt-der-tesla-kurs-wieder/
Bank of America's 4-step plan: This is how the Tesla price rises again
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
  • Tesla lowers prices in Germany to increase inventory and sales.

  • Elon Musk addresses price complaints and emphasizes the need for flexible pricing.

  • Buyers of Tesla vehicles during expensive phases may face depreciation.

  • Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
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Withdraw cash: Not cheap for trading: Just withdraw cash at the supermarket checkout - People in Germany are doing exactly that more and more often ...
zdf.de/nachrichten/wirtschaft/bargeld-auszahlung-kunden-nachteil-haendler-100.html
Withdraw cash: Not cheap for trading
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Microsoft earnings preview: Strong Azure, 365 growth as AI ramps up: Bank of America raised Microsoft's earnings estimate by 1% above its $60 ...
markets.businessinsider.com/news/stocks/microsoft-earnings-preview-stock-price-target-ai-azure-bofa-msft-2024-4
Microsoft earnings preview: Strong Azure, 365 growth as AI ramps up
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China economy: BofA upgrades China's GDP forecast after strong Q1: BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate ...
businessinsider.com/china-economy-growth-forecast-real-estate-investment-manufacturing-demand-bofa-2024-4
China economy: BofA upgrades China's GDP forecast after strong Q1
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Alexis Ohanian makes an unprecedented investment in women’s track: Seeing “tremendous upside” in the sport, the billionaire is funding a women-only event this ...
washingtonpost.com/sports/olympics/2024/04/23/alexis-ohanian-is-funding-women-only-track-event-this-fall/
Alexis Ohanian makes an unprecedented investment in women’s track
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Tesla said on Tuesday it had pulled forward the launch of new models from the second half of 2025, sending its shares up nearly 7% in after-hours trading. Show more
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Vikings trade up, draft QB J.J. McCarthy: Keep up with the latest news on the first round of the NFL draft with a focus on what’s happening with the Minnesota ...
startribune.com/nfl-draft-minnesota-vikings-first-round-picks-trades-news/600361721/
Vikings trade up, draft QB J.J. McCarthy
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Stock Market Crash: 3 Charts Show Market Headed For Trouble: "We say rising no landing risks = rising hard landing risks," says Michael Hartnett.
businessinsider.com/stock-market-crash-bubble-charts-trouble-ahead-bank-of-america-2024-4
Stock Market Crash: 3 Charts Show Market Headed For Trouble
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Baltimore to open deeper channel for commercial ships starting Thursday: A deeper channel to allow commercial ships into and out of the Port of Baltimore is set ...
thehill.com/homenews/state-watch/4616760-baltimore-to-open-deeper-channel-for-commercial-ships-starting-thursday/
Baltimore to open deeper channel for commercial ships starting Thursday
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Only threat of recession driven by higher rates will slow big tech stocks: It's been an "everything buy bonds" bull rally in markets for months ...
markets.businessinsider.com/news/stocks/next-recession-high-interest-rates-cause-tech-stock-crash-bofa-2024-4
Only threat of recession driven by higher rates will slow big tech stocks
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China’s Economic Collision Course: As Growth Slows, Beijing’s Moves Are Drawing a Global Backlash
foreignaffairs.com/china/chinas-economic-collision-course
China’s Economic Collision Course: As Growth Slows, Beijing’s Moves Are ...
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Turkey's Erdogan in Iraq to push for reset of ties, cooperation against PKK: Turkish President Tayyip Erdogan said relations with Iraq were entering a new phase ...
reuters.com/world/middle-east/turkeys-erdogan-iraq-push-reset-ties-cooperation-against-pkk-2024-04-22/
Turkey's Erdogan in Iraq to push for reset of ties, cooperation against ...
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Meta shares plunge as prolonged AI spending plans unnerve investors: Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media ...
reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
Meta shares plunge as prolonged AI spending plans unnerve investors
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Toyota Makes $1.4 Billion EV Investment in Indiana Facility: The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky ...
wsj.com/business/autos/toyota-makes-1-4-billion-ev-investment-in-indiana-facility-594607ac
Toyota Makes $1.4 Billion EV Investment in Indiana Facility
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Union with little inroads at banks tries to organize Wells Fargo workers in Charlotte
charlotteobserver.com/news/business/article284339359.html
Union with little inroads at banks tries to organize Wells Fargo workers ...
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'Chaotic era' for Asian currencies: Bank of America is not bullish on any of them
cnbc.com/2024/04/24/bank-of-america-not-bullish-on-asian-currencies-cites-chaotic-era.html
'Chaotic era' for Asian currencies: Bank of America is not bullish on any ...
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Huawei's smart car tech offers automakers route to China sales: It's taken Huawei just four years to become a force in smart car technology ...
reuters.com/business/autos-transportation/huaweis-smart-car-tech-offers-automakers-route-china-sales-2024-04-26/
Huawei's smart car tech offers automakers route to China sales
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Merrill coheads share their playbook for winning clients, advisors: Merrill's Lindsay Hans and Eric Schimpf took over after Andy Sieg's surprise exit ...
businessinsider.com/merrill-coheads-hans-schimpf-share-playbook-winning-clients-advisors-2024-4
Merrill coheads share their playbook for winning clients, advisors
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Solar firm SunPower to cut jobs, shut business segments: SunPower said on Wednesday it plans to cut jobs and shut certain business segments as part of a ...
reuters.com/business/energy/solar-company-sunpower-reduce-workforce-shut-business-segments-2024-04-24/
Solar firm SunPower to cut jobs, shut business segments
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Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus
cnbc.com/2024/04/22/djt-trump-set-to-get-millions-more-trump-media-shares.html
Donald Trump set to receive $1.25 billion worth of Trump Media stock in ...