Over the preceding 12 months, the Nasdaq Composite has been battered, down 29% from its high reached late last year, falling victim to the latest bear market. In fact, Wall Street is surprisingly optimistic about the prospects of a couple of former high-flying growth stocks.
CHICAGO, February 01, 2023--Hyatt Hotels Corporation (NYSE: H) today announced the planned rebranding of Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch to Grand Hyatt Scottsdale Resort & Spa in late 2024, which will mark the first Grand Hyatt hotel in Arizona. The hotel’s ownership group, Xenia Hotels and Resorts, plans to invest approximately $110 million to fully transform the property into a Grand Hyatt hotel, creating a bold, vibrant and elevated experience for guests. The resort will
The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be. The ECB has been increasing rates at a record pace to fight a sudden bout of high inflation in the euro zone - the byproduct of factors including the aftermath of the COVID-19 pandemic and an energy crisis that followed Russia's invasion of Ukraine. The central bank for the 20 countries that share the euro is seen raising its deposit rate by another half a percentage point to 2.5% on Thursday, in line with what it said in December.
VANCOUVER, British Columbia, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) announces that it intends to complete the share consolidation (the “Consolidation”) of its common shares (“Common Shares”) on the basis of twenty-five (25) pre-Consolidation Common Shares for one (1) post-Consolidation Common Share. The Consolidation was approved by the Company’s shareholders at a meeting duly held on January 24, 2023 and disclosed in the Compa
The U.S. Air Force has told North Dakota leaders that it believes a Chinese company’s plans to build a wet corn milling plant near its Grand Forks base poses a “significant threat to national security,” prompting city officials to say they'll move to stop a project once touted as an economic boon. The Fufeng Group’s planned $700 million facility would be 12 miles (19 kilometers) from the Grand Forks Air Force Base, a location that triggered some local concern about potential espionage. Gov. Doug
Caring is not sharing: We all know by now that Netflix doesn’t want you sharing your account outside of your household, and now the company has some rules and exemptions to prevent account sharing, including defining where each person is, Ivan reports. Land value: Property appraisal time is a fun one at the Christine Hall household — we wait with bated breath to see if this year’s property taxes will be thousands or tens of thousands. ValueBase, backed by Sam Altman’s Hydrazine, seeks to turn property appraisal on its head, bringing technology to a process long been done with pen and paper and valuing the land it sits on first.
A revamped legal team representing Hunter Biden is taking the first steps in what appears to be a more aggressive approach to his defense, disseminating on Wednesday a batch of criminal referrals and cease-and-desist letters targeting some of the people his lawyers say are his most vocal agitators in a longstanding campaign to smear the Biden family. Abbe Lowell, a lawyer for Hunter Biden, wrote to the Justice Department and the Delaware attorney general's office asking investigators to examine the conduct of several operatives who allegedly played a role in "accessing, copying, manipulating, and/or disseminating Mr. Biden's personal computer data," including Rudy Giuliani, Steve Bannon, and other supporters of former President Donald Trump. "The actions described above more than merit a full investigation and, depending on the resulting facts, may merit prosecution under various statutes," Lowell said.
United States Labor Secretary Marty Walsh could be the leading candidate to become the new executive director of the NHL Players' Association.
As winter weather brought warnings and advisories to much of the country, airlines canceled over 2,300 U.S. flights Wednesday.
The journey to the ‘sunlit meadows’ has not been entirely as promised
Bruce Wayne's butler has been relieved of duty.
WILLEMSTAD, Curaçao, February 01, 2023--Grupo Arribada, N.V. is the new designation for the holding company that gathers the well-known Morpho Travel Experience, N.V. and Café Britt, S.A. businesses, along with the newer subsidiaries Delika (DCR Gourmet Imports, S.A.), and Conceptos Gastronómicos S.A. Previously known as Grupo Britt, N.V., this Latin American group is privately owned by some 200 shareholders, many of whom currently work for the Company. Grupo Arribada has direct investments in 1
BRAINTREE, Mass., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.09 per share for the first quarter of 2023. The first quarter 2023 dividend is the forty-fourth consecutive dividend in the Company’s history. The dividend will be paid on April 4, 2023 to sha
North Korea on Thursday threatened the “toughest reaction” to the United States’ expanding joint military exercises with South Korea to counter the North’s growing nuclear weapons ambitions, claiming that the allies were pushing tensions to an “extreme red line.” The statement by Pyongyang’s Foreign Ministry came in response to comments by U.S. Defense Secretary Lloyd Austin, who during a visit to Seoul on Tuesday said the United States would increase its deployment of advanced military assets to the Korean Peninsula, including fighter jets and aircraft carriers, as it strengthens joint training with South Korea.
OTTAWA — Dominic Barton, the former global managing director of McKinsey & Company, says he had no involvement in federal contracts awarded to the firm in recent years. "I had no involvement whatsoever in any awarding of paid work to McKinsey by the federal government since I relocated to Asia in 1996," Barton told members of Parliament on Wednesday. Barton made the comments at a meeting of the House of Commons government operations committee, which is studying federal contracts awarded to McKin
Angelina Jolie called for "long-term international commitment" to support the recovery of Iraq's Sinjar region
The man who was fatally shot by police after entering a Target store in Omaha, Nebraska, armed with an AR-15-style rifle had obtained the weapon just four days earlier at a Cabela’s sporting goods store, police said Wednesday. Court records show that the man, identified by police as Joseph Jones, 32, of suburban Omaha, had no prior felony convictions in Douglas County, where Omaha is located. Callers flooded 911 dispatchers with around 30 calls for help, and Omaha police officers and a Nebraska State Trooper rushed to the scene.
Many of us are big fans of "Groundhog Day" -- the classic 1993 movie where Bill Murray finds himself reliving the same day over and over again. Rather than get stuck in an endless cycle of credit card debt, aim to pay off your balances in full every month. Being late with credit card payments could mean getting hit with costly late payment fees.
Beathard was inducted into the Pro Football Hall of Fame in 2018.
A warm January! What a difference a year makes! Once the numbers are all averaged up, January 2023 will finish as a top 10 warmest in Northern Ohio. The average monthly temperature was 36.4 degrees.
Bellator heavyweight champ Ryan Bader is OK with the position he's in having to play spoiler for Fedor Emelianenko's retirement fight.
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