Image source, Getty ImagesImage caption, Sunny Balwani was convicted on 12 counts of wire fraud and conspiracy to commit wire fraud in JulyBy Madeline HalpertBBC News, WashingtonRamesh "Sunny" Balwani, the business partner of disgraced Theranos founder Elizabeth Holmes, has been sentenced to nearly 13 years in prison. Balwani was convicted in July of 12 counts…
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DALLAS -- Southwest Airlines said Wednesday that it is bringing back dividends for shareholders, which it suspended when the pandemic devastated the airline business in early 2020.Dallas-based Southwest said in a regulatory filing that it will pay a quarterly dividend of 18 cents per share on Jan. 31.The move comes as air travel rebounds and…
SYDNEY, Dec 6 (Reuters) - Australia's current account fell into deficit for the first time in three years last quarter as robust domestic demand sucked in imports and miners paid more dividends abroad, though the drag on economic growth was not as large as first feared.Data from the Australian Bureau of Statistics on Tuesday showed…
USA’s World Cup win over Iran on Tuesday paid dividends for both the men’s and women’s national teams.The US men are guaranteed $13m in prize money for reaching the last 16 in Qatar. That will be shared equally between the men’s and women’s teams under the equal pay agreement struck between US Soccer and the…
Indexes close higher following afternoon rallyAll three indexes ended higher Wednesday, coming off a rally on the back of Fed Chair Jerome Powell's comments.The Dow closed up 737.24 points, or 2.18%, to 34,589.77. Meanwhile, the Nasdaq Composite jumped 4.41% to 11,468.00. The S&P 500 added 3.09% to 4,080.11.That marked a reversal from earlier in the…
Medtronic falls to lowest level since March 2020One more stock hit a fresh 52-week low in addition to the open. Shares of Medtronic were trading at lows not seen since March 2020. Meanwhile, two new stocks were trading at new 52-week highs after the open. Shares of Ross Stores traded at levels not seen since…
Ready to learn how to buy McDonald’s stock and benefit from the dividend? We'll teach you how in this article. MarketBeat.com - MarketBeat McDonald’s is not only a blue-chip quality stock but the leader in its field and a reliable dividend payer as well. The company has increased its dividend payments for more than four…
The Dow Jones Industrial Average rose Friday, notching a gain during the holiday-shortened trading week.The Dow rose 152.97 points, or 0.45% to 34,347.03, marking the third consecutive session of gains. The S&P 500 fell 0.03% to end the day at 4,026.12. The Nasdaq Composite slipped 0.52% to 11,226.36, weighed down by shares of Activision Blizzard,…
Video shows workers clash with police at world's largest iPhone assembly factory 01:30 - Source: CNN Hong Kong CNN Business — Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the world’s largest iPhone assembly factory, in an attempt to quell protests that saw hundreds clash with security forces…
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