Revlon (NYSE: REV) shareholders underperformed the market through Thursday trading this week. The cosmetics specialist's stock was down 13% compared to a 1.4% drop in the wider market, according to data provided by S&P Global Market Intelligence. It was sparked by volatile swings in the debt markets, which Revlon needs to tap as it works through its bankruptcy and restructuring programs.
"If it weren’t for the billion dollar Powerball winner making news, I would have forgot," Leslie Carr, 52, says of finding the winning ticket stashed away
U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two years, but the signs of slowing were accompanied with fast inflation that, if sustained, would pose a particular dilemma for the central bank. Fed officials through much of their battle with a pandemic-driven breakout of inflation said they thought it would take a period of below-trend growth to really bring price pressures into line, and the 1.6% rate of expansion registered in the first quarter met that mark after a period above the central bank's median 1.8% estimate of noninflationary potential. But prices have remained sticky, with the personal consumption expenditures price index over the first quarter rising at a 3.4% annual rate versus the Fed's 2% target.
An animal rights activist is turning an animal testing laboratory into a sanctuary and rehab center for dogs and cats who have spent their lives caged in a lab.
Fred Burton is seeking a third term as Arcola mayor in the town's municipal elections on May 4
Perplexity's AI-powered search experience challenges Google's model by delivering conversational answers, citing sources and more.
Nasdaq beat estimates for first-quarter revenue on Thursday, driven by strong demand for its financial technology products used by traders and investors to navigate the capital markets. Revenue from its financial technology unit surged 71% to $392 million in the first quarter, while revenue from its index business jumped 53% to $168 million. "Our performance underscores the durability of our business model and our ability to deliver growth across uncertain environments," said Adena Friedman, chief executive officer, at Nasdaq on an analysts' call.
Spring has brought beautiful weather to Nunavik but with melt comes risk, says a local leader from Kuujjuaq. “The sun is a problem,” said George Kauki, president of Kuujjuaq’s Niqliit wildlife committee and a search and rescue team member. He’s been using Facebook to raise awareness over the changing weather conditions. Kauki said hunters and travellers should be even more careful than usual when going out on the land. “The melting snow, which creates water and slush, increases the risk of peopl
New York court says Hollywood mogul, who remains in prison on other charges, did not receive a fair trial.
Honda is set to build an electric vehicle battery plant next to its Alliston, Ont., assembly plant, which it is retooling to produce fully electric vehicles, all part of a $15-billion project that is expected to include up to $5 billion in public money. The two plants are expected to create 1,000 jobs on top of retaining the existing 4,200 jobs at the assembly plant. The deal does not involve production subsidies, which were used to woo two other automakers to build battery plants in Ontario ins
What impact will Labour's pledge to nationalise the railways have?
Stuart Andrew said the ban is a ‘very challenging issue to get right’ but added the Government is clear that the practice is abhorrent.
Sir Captain Tom Moore’s family home where he raised millions for the NHS has been put on sale following a planning row which forced the veteran’s daughter to demolish a spa building on the property.
Unions met the company on Thursday with another plea not to press ahead with proposals for its Port Talbot plant which will lead to job losses.
City Comment: Change is coming too slowly at the giant investment bank
The financially struggling Charlotte mall lost several national retailers over the last year but has seen an influx of locally-owned stores.
As Drake, Kendrick Lamar and more continue their high-profile beef, we run down the most inspired – and vicious – attacks in rap’s history
Andrée Bernard’s solo show is a bizarre representation of one woman’s love life, minus depth and character development
ALLISTON, Ont. — Honda is set to build an electric vehicle battery plant next to its Alliston, Ont., assembly plant, which it is retooling to produce fully electric vehicles, all part of a $15-billion project that is expected to include up to $5 billion in public money. The two plants are expected to create 1,000 jobs on top of retaining the existing 4,200 jobs at the assembly plant. The deal does not involve production subsidies, which were used to woo two other automakers to build battery plan
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Your Porsche collection is about to change.
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