Sales of previously occupied U.S. homes plunged to their lowest level in more than 13 years in October as higher mortgage rates and rising prices deterred many would-be home buyers. However, according to new sales figures compiled by the Greater Chattanooga Association of Realtors, the decline in home sales in the Chattanooga market was not … [Read more…]
Volvo Cars shares fell as much as 14% on Friday, hitting a record low. Volvo parent company Zhejiang Geely Holding Group has started selling around 100 million shares in the Swedish carmaker. Volvo vehicles seen outside an Edmonton Volvo dealership on October 26, 2023 in Edmonton, Alberta, Canada. Arthur Widak | Photo only | Getty … [Read more…]
Millions of Baby Shark bath toys have been recalled because they hurt children Zuru Toys is recalling 7.5 million Baby Shark bath toys after reports that children were injured by a hard plastic part on the toy. Ariana Triggs, USA TODAY IKEA is recalling more than 25,000 mirrors sold in the United States and Canada … [Read more…]
Giuseppe Cacace/AFP/Getty Images According to a spokesman for the European aviation group, around 100 Airbus Atlantic employees fell ill after a Christmas dinner. CNN – A holiday party for employees at an Airbus subsidiary in France turned worse earlier this month when dozens of employees fell ill after a company Christmas party. “Around 100 Airbus … [Read more…]
A shopper leaves a Nike store in the Magnificent Mile shopping district in Chicago with a purchase on December 21, 2022. Scott Olson | Getty Images Nike shares plunged on Friday after the sportswear maker cut its fiscal year sales forecast, with sneaker retailer Foot Locker also feeling the blow. Nike fell more than 10%. … [Read more…]
(Bloomberg) — European stocks and U.S. futures fell ahead of the release of a U.S. inflation indicator that could influence the Federal Reserve’s policy outlook. Most read by Bloomberg Technology stocks led to a decline in the Stoxx Europe 600 index. Prosus NV slumped as much as 15% after China announced new restrictions on online … [Read more…]