Bath & Body Works Declares Cash Dividend

Reuters Videos
Boeing finds new flaws in 787 jets: sources
STORY: Boeing has found more quality problems on its jets. Reuters sources say the issues this time concern its 787 widebody planes. They say the aerospace giant has found hundreds of incorrectly tightened fasteners on some undelivered aircraft. The sources say the problem was discovered at plant in South Carolina, with the fasteners found to have been tightened from the wrong end. There is no immediate concern about flight safety, but one source says Boeing is trying to understand how the problem arose - and how much work it must do to remedy the issue.The company confirmed the checks to Reuters, and said there would be no impact on deliveries. Even so, it’s another concern for investors after a series of quality control issues at the company. Some of its big-selling 737 MAX jets were grounded for a time earlier this year after a midair blowout on one of the planes. The Federal Aviation Administration has blocked a plan to raise output of the model, while Boeing takes steps to ensure manufacturing quality. Regulators said they were aware of the new concerns regarding the 787, and would work with the company to determine appropriate action. Boeing shares are down around 30% this year amid all the problems.
South China Morning Post
Tech war: China's top memory chip maker YMTC sees rising domestic demand, defying US curbs
China's top memory chip maker, Yangtze Memory Technologies Corporation (YMTC), is seeing a surge in demand for its flash memory chips, which have become a top choice for local clients, particularly those working in government and military-related projects, as Beijing strives to cut reliance on foreign semiconductor products. Demand for locally manufactured components, from graphics processing units to flash memory chips, has been surging, as China embarks on an ambitious drive to expand computin
The Daily Beast
Giuliani FINALLY Scores a Legal Win in the Battle of the Bozos
It should have been a matchup for the ages. In the red corner, a disgraced former elected official who is currently facing criminal charges and a $148 million ruling against him in a defamation case. In the blue corner, the son of a sitting American president who’s just made history by being found guilty for lying about his illegal drug use when buying a gun.But the head-to-head battle of two of the most ignominious figures in American political life is no longer happening. Hunter Biden has agre
AFP News
G7 summit turns to simmering tensions with China
G7 leaders turn their attention to China on Friday on the second day of an Italy summit, with a focus on how to protect their industries while avoiding an outright trade war with Beijing.Another focus Friday is China's recent restrictions on exports of minerals such as gallium, germanium and graphite, which are critical in industries such as telecommunications and electric vehicles.
Reuters
EU pork industry faces 'nightmare' if China restricts imports
Europe's pork industry faces a "nightmare scenario" of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. China imported $6 billion worth of pork, including offal, in 2023 and more than half came from the EU, Chinese customs data showed. Ending those orders would result in a huge loss of business for Europe's meat industry.
South China Morning Post
Huawei's HarmonyOS unseats Apple's iOS to become China's No 2 mobile operating platform
Huawei Technologies' mobile platform HarmonyOS has overtaken Apple's iOS to become the second-biggest mobile operating system in mainland China in the first quarter, according to the latest market data from Counterpoint Research. HarmonyOS accounted for a 17 per cent share in the first quarter to surpass iOS for the first time in the world's biggest smartphone market, as strong domestic demand for Huawei's latest 5G handsets drove up adoption of the Shenzhen-based company's self-developed mobile
GOBankingRates
7 Common Mistakes That Will Keep You From Retiring Wealthy
Proper planning is crucial if you want to retire wealthy. Here are some common mistakes you’ll want to avoid, as they can seriously deter your plans.
The Telegraph
The world is using more oil, coal and gas than ever before and will use more. Net Zero is dead
A recent flurry of forecasts offers us a range of different views on what’s happening to the global demand for, and use of, crude oil. One thing seems to be clear, however: the chances of net zero carbon emissions in the near term – ie, by 2050 – are basically zero.
GOBankingRates
Do You Really Want To Retire Early? Ask Yourself These Questions
In recent years, especially since the pandemic, early retirement has become a growing trend. Many people don't want to wait until the full retirement age to hang up their working hat. Check Out:...
Barrons.com
Tesla's New Business?
Musk dropped hints about a potential new business for Tesla. Each Tesla has a computer in it, those computers aren't being used all the time. When the Tesla fleet is large, the amount of computing power available to do other things is also large.
GOBankingRates
9 Best Hybrid Cars Under $30K If You’re Unable To Go Fully Electric
As many governments around the world continue to tweak targets of when to ban the sale of gas and diesel-powered vehicles, sales of electric vehicles (EVs) at some point will outpace those of internal...
Reuters
Swedish government says no to new power cable to Germany
The Swedish government has turned down an application to build a new subsea power connection between Sweden and Germany, the 700 megawatts Hansa PowerBridge project, because the German market is not efficient enough, it said on Friday. "We can't connect southern Sweden, which has a large deficit in electricity production, with Germany, where the electricity market today does not function efficiently," Energy Minister Ebba Busch said in a statement. "That would risk leading to higher prices and a more unstable electricity market in Sweden," she said.
Moneywise
Housekeepers in Florida now make $150K/year — as the wealthy flee high-tax states like New York for the South
Some can even earn up to $250,000 a year.
Reuters
Google loses bid to end US antitrust case over digital advertising
Alphabet's Google must face trial on U.S. antitrust enforcers' claim that the internet search juggernaut illegally dominates the online advertising technology market, a federal judge ruled on Friday. U.S. District Judge Leonie Brinkema in Alexandria, Virginia, denied Google's motion during a hearing, according to court records. Google had argued for a win without a trial, saying that antitrust laws do not block companies from refusing to deal with rivals and that regulators had not accurately defined the ad tech market.
Sky video
Tariffs hurt consumers and invite retaliation - UK should be wary of following EU's plans for China
Tariffs are rarely a good idea.
Reuters
Canada's parliament grills bank CEOs on climate policy in rare meeting
The CEOs of Canada's big five banks on Thursday reassured members of parliament about their commitment to fighting climate change, but said reducing funding for fossil fuel extraction would take time and more works need to be done to reach net zero emissions. In a rare meeting, MPs grilled the heads of Royal Bank of Canada, TD Bank Bank of Montreal, Bank of Nova Scotia and CIBC appeared via videolink before a House of Commons committee to answer questions about any steps their banks are taking to help reduce greenhouse gas emissions and steer away from fossil fuel funding. Canadian banks, among the biggest oil and gas financiers in the world, have come under pressure over recent years with demands to change their lending practices that contribute to climate change.
Variety
David Lawenda Is Latest Ad-Sales Veteran to Exit Paramount
David Lawenda, the chief digital advertising officer at Paramount Global, is leaving the company after a long stint, and is the latest in a series of veteran ad-sales executives to exit in recent months. Lawenda, who has over the course of his career helped launch the UPN broadcast network and the Spike cable outlet, is …
Reuters
Analysis-Bound by rules and economics, EU trails U.S. on China tariffs
The European Union's plan to hike tariffs on Chinese electric vehicles (EVs) reflects a firming of its stance towards Beijing, but falls short of a tougher U.S. position tending towards an outright decoupling from China. In terms of the move itself, the EU's nearly five-fold increase in duties for some Chinese producers exceeds Washington's quadrupling of tariffs on Chinese EV imports, deepening the U.S.-China trade war. However, U.S. President Joe Biden's plans extend to a range of Chinese products, with the EV rate to be set at 100%.
GOBankingRates
I Want To Retire a Millionaire: Here’s What My Monthly Savings and Investments Look Like
Retiring as a millionaire has long been the dream, but costs keep rising and a million dollars doesn't go quite as far as it used to. According to the BLS, the average annual expenditure across all...
SmartAsset
I'm 64 With $1.2 Million in a 401(k) and $2,800 Social Security Benefit. What's My Retirement Budget?
For an average single person planning to stop working at 64, a $1.2 million 401(k) account and $2,800 Social Security benefit could provide enough income to make ends meet during retirement. Widely used guidelines suggest your annual income may be around $81,600, which may or may not be more than your annual expenses. Much depends […] The post I’m 64 With $1.2 Million in a 401(k) and $2,800 Social Security Benefit. What’s My Retirement Budget? appeared first on SmartReads by SmartAsset.

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Bath & Body Works Declares Cash Dividend

Latest stories

Boeing finds new flaws in 787 jets: sources

Tech war: China's top memory chip maker YMTC sees rising domestic demand, defying US curbs

Giuliani FINALLY Scores a Legal Win in the Battle of the Bozos

G7 summit turns to simmering tensions with China

EU pork industry faces 'nightmare' if China restricts imports

Huawei's HarmonyOS unseats Apple's iOS to become China's No 2 mobile operating platform

7 Common Mistakes That Will Keep You From Retiring Wealthy

The world is using more oil, coal and gas than ever before and will use more. Net Zero is dead

Do You Really Want To Retire Early? Ask Yourself These Questions

Tesla's New Business?

9 Best Hybrid Cars Under $30K If You’re Unable To Go Fully Electric

Swedish government says no to new power cable to Germany

Housekeepers in Florida now make $150K/year — as the wealthy flee high-tax states like New York for the South

Google loses bid to end US antitrust case over digital advertising

Tariffs hurt consumers and invite retaliation - UK should be wary of following EU's plans for China

Canada's parliament grills bank CEOs on climate policy in rare meeting

David Lawenda Is Latest Ad-Sales Veteran to Exit Paramount

Analysis-Bound by rules and economics, EU trails U.S. on China tariffs

I Want To Retire a Millionaire: Here’s What My Monthly Savings and Investments Look Like

I'm 64 With $1.2 Million in a 401(k) and $2,800 Social Security Benefit. What's My Retirement Budget?