United Parcel Service was founded as telegram delivery service American Messenger Company in 1907 in Seattle, Washington. Shares of UPS closed yesterday at 148.63, a gain of 1.30 (0.88%).
UPS establishes $300 billion cost-savings plan, will close 200 facilities
https://www.yahoo.com/lifestyle/ups-...102952216.html
Dave and Sherry Gold opened the first 99 Cents Only store in 1982 in Los Angeles. At its peak, the chain operated 400 stores and two distribution centers in California, Nevada, Arizona and Texas.
99 Cents Only stores closing all 371 locations, liquidation sales starting Friday
https://www.cbsnews.com/losangeles/n...arting-friday/
Unemployment remains low, jobs are being added – 303,000 in March – manufacturing output is increasing and the economy is strong.
A growing chorus of experts don't think an interest rate cut is coming in 2024
https://www.businessinsider.com/inte...ll-jobs-2024-4
Wedbush Securities is a wealth management, brokerage and advisory firm based in Los Angeles. Shares of Apple closed today at 169.67, a gain of 1.22 (0.72%).
Apple stock is down 10% this year but there are five reasons for investors to remain bullish, Wedbush says
https://markets.businessinsider.com/...wedbush-2024-4
CEO Elon Musk said in an email, "I would like to thank everyone who is departing Tesla for their hard work over the years." Yeah, because "everyone who is departing" sounds so much nicer than "everyone who I fired." Shares of Tesla closed today at 157.11, a drop of 4.37 (2.71%).
Tesla to lay off more than 10% of workforce
https://www.foxbusiness.com/economy/...0-of-workforce
Express Inc., headquartered in Columbus, Ohio, operates Express, Bonobos and UpWest clothing stores in the United States, Mexico, Puerto Rico, Costa Rica, Guatemala, Panama and El Salvador. Shares of Express closed today at 0.83, a gain of 0.13 (18.57%).
Clothing store Express, a mall favorite, has filed for bankruptcy, will close 95 stores
https://www.npr.org/2024/04/22/12463...les-bankruptcy
Steve Polyak, who holds degrees in psychology, computer science and artificial intelligence and is a senior director of the ACTNext research and development company, made this observation in 2010: "Before we work on artificial intelligence, why don’t we do something about natural stupidity?" Amen! Shares of Coca-Cola closed today at 60.64, a gain of 0.08 (0.14%). Shares of Microsoft closed at 407.06, a gain of 6.10 (1.52%).
Coca-Cola signs $1.1 billion deal to use Microsoft Cloud, AI services
https://money.usnews.com/investing/n...ud-ai-services
Alphabet Inc., headquartered in Mountain View, California, is the parent company of Google, Google Fiber, Waymo, Wing Aviation, Isomorphic Labs, GV Management Company and CapitalG Management Company. Shares of Alphabet closed today at 173.69, a gain of 15.74 (9.97%).
Alphabet market cap tops $2 trillion after earnings beat, dividend announcement
https://finance.yahoo.com/news/alpha...092630401.html
Republic First Bank had 32 branches in New York, New Jersey and Pennsylvania. They have reopened as branches of Lancaster, Pennsylvania--based Fulton Bank. Shares of Fulton Financial Corporation closed today at 16.80, a gain of 1.18 (7.55%). Republic's final share price was 0.0098, less than a penny per share.
FDIC takes control of Republic First Bank, marking the first major bank closure of 2024
https://en.as.com/latest_news/shockw...ure-of-2024-n/
Private equity firm Roark Capitol Group, founded in 2001 in Atlanta, also owns Arby's, Baskin-Robbins, Buffalo Wild Wings, Sonic, Mister Donut, Dunkin' and Jimmy John's.
Roark completes acquisition of sandwich chain Subway
https://www.verdictfoodservice.com/n...ubway/?cf-view
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