Tag "3"
A Whole Foods Market Inc shareholder has accused the grocer in a lawsuit of committing securities fraud by concealing its overcharging of New York City customers, leading to bad publicity that hurt sales and drove its share price down. In a complaint filed on Thursday in federal court in Austin, Texas, the plaintiff Yochanan Markman said Whole Foods knew or recklessly disregarded that it routinely overstated the weight of pre-packaged
The unrelenting stress on emerging economies has prompted questions about whether Fed Chair Janet Yellen will be more hesitant to boost rates, even with a firm U.S. job market.
U.S. watch sales fell the most in seven years in June, one of the first signs Apple Inc.’s watch is eroding demand for traditional timepieces. The 14 percent decline in unit sales was the largest since 2008, according to Fred Levin, head of the market researcher’s luxury division. “The Apple Watch is going to gain a significant amount of penetration,” he said Thursday in a phone interview.
The unrelenting stress on emerging economies has prompted questions about whether Fed Chair Janet Yellen will be more hesitant to boost rates, even with a firm U.S. job market.
U.S. watch sales fell the most in seven years in June, one of the first signs Apple Inc.’s watch is eroding demand for traditional timepieces. The 14 percent decline in unit sales was the largest since 2008, according to Fred Levin, head of the market researcher’s luxury division. “The Apple Watch is going to gain a significant amount of penetration,” he said Thursday in a phone interview.
U.S. watch sales fell the most in seven years in June, one of the first signs Apple Inc.’s watch is eroding demand for traditional timepieces. The 14 percent decline in unit sales was the largest since 2008, according to Fred Levin, head of the market researcher’s luxury division. “The Apple Watch is going to gain a significant amount of penetration,” he said Thursday in a phone interview.
Solid U.S. jobs data released on Friday pushed the dollar higher versus several currencies, making it more expensive for the countries using them to buy oil priced in dollars. “The sentiment is very negative, so the market is looking for reasons to go lower,” said Richard Mallinson, an analyst with Energy Aspects.
U.S. stocks traded lower as declines in oil weighed amid the July employment report that supported the case for a rate hike as early as September.
A $3 million yacht left Key West this week with two barbeque grills, 250 channels of satellite TV and a just-in-case plan for rescuing stranded Cuban rafters encountered in the Florida Straits. After four …
U.S. stocks traded lower as declines in oil weighed amid the July employment report that supported the case for a rate hike as early as September.
