The former owner of a Fresno-based trucking company is facing charges of under-reporting more than $2 million in payroll to avoid workers’ compensation costs, regulators said Wednesday. Heigo Kubar, 84, of Fresno faces three felony charges related to about a half million in workers’ compensation insurance fraud at the company he used to own, TKJ […]
Nothing was a more concrete illustration of how the public felt about Tom Sandoval than the hit his business took. Schwartz & Sandy’s, the bar he opened with Vanderpump Rules star Tom Schwartz, was effectively “canceled” by fans angered by his affair with Rachel Leviss. Schwartz & Sandy’s was boycotted and flooded with poor reviews. […]
Warren Buffett’s Berkshire Hathaway (BRKB) opened a new position in Chubb (CB), a 13F filing revealed late Wednesday, showing it to be the “mystery stock” purchase that has intrigued investors since late last year. Chubb stock popped in extended trading. X The conglomerate bought nearly 26 million shares of Chubb worth $6.7 billion, the […]
Copper prices hit a record high on Wednesday and have gained around 30% in 2024, fueling rallies for top copper mining stocks Newmont (NEM) and Freeport-McMoRan (FCX). X On Wednesday, copper futures gained for a fifth straight session, up more than 1% to $4.94 per pound, according to CME Group, hitting a record $5.17 per […]
A variety of factors contributed to Gail Worth’s recent decision to close Gail’s Motorcycles, her Grandview dealership. She was approaching a few nice round numbers: her 60th birthday and the 25th anniversary of buying the business from her father, Ray. The used motorcycle market has been fickle since the pandemic, and Worth feels the broader […]
From the moment a child starts walking, they can begin classes at Deary’s Gymnastics in Danielson. The gym is a lifelong passion project for former All-American gymnast Robin Deary Fillmore, who started the gym after graduating from Southern Connecticut State University where Deary Fillmore picked up her All-American accolades on the balance beam. In addition […]
Meme-stock maven Roaring Kitty surfaced on social media again to hype GameStop shares. But there are much more lucrative targets beyond the S&P 500. X Ten stocks in the S&P Composite 1500, including SunPower (SPWR), B. Riley Financial (RILY) and Arbor Realty Trust (ABR), have 30% or more of their shares available for trade in […]
SAINT JOHN, New Brunswick (AP) — Arthur L. Irving, one of Canada’s richest people and the son of industrialist K.C. Irving, has died at 93 after a life spent growing the oil business his father founded. Irving Oil said in its statement that he died Monday surrounded by his wife, Sandra, and daughter, Sarah. Forbes […]
By M. Sriram and Aditya Kalra MUMBAI (Reuters) – A consortium including Blackstone, Singapore state fund GIC and Abu Dhabi Investment Authority (ADIA) is in talks with India’s Haldiram’s for a majority stake in its snacks business at a valuation of up to $8.5 billion, two sources with direct knowledge said. Haldiram’s, a household name […]
(Reuters) -Ride-hailing company Uber will acquire Delivery Hero’s foodpanda branded takeaway business in Taiwan for $950 million in cash, the companies said on Tuesday. Germany’s Delivery Hero plans to additionally issue 8.42 million new ordinary registered shares which Uber has agreed to purchase for $300 million, the two companies said. Following the move, Uber would […]
May 13—A center focused on helping socially and economically disadvantaged business owners is now open in Las Vegas, N.M. The New Mexico Minority Business Development Agency, a federal agency within the U.S. Department of Commerce, said the business development center will provide consulting services, business development webinars, loan help, and aid in procurement and bid […]
A Tesla car charging up at a Tesla Supercharger.Justin Sullivan via Getty Images “Big Short” investor Danny Moses is still betting against Tesla stock and expects it to fall to $50. Tesla’s focus on Robotaxis and AI is a distraction from its “falling apart” core business, he told CNBC. Apart from faulty fundamentals, Moses also […]