May 14—COLUMBUS — Recreational marijuana could be available for sale in Ohio by mid-June, after new licensing rules for dispensaries cleared a key legislative hurdle Monday. Adult-use sales have been in limbo in the state since December, when an initiated statute approved by voters went into effect. Ohioans over 21 were immediately able to legally […]
(Reuters) -Home Depot posted a bigger-than-expected drop in quarterly same-store sales on Tuesday as cautious Americans shelled out less for big-ticket items while focusing on small-scale home repair and maintenance tasks. Customers have reined in discretionary spending and put pricey renovations on hold as they adjust to higher borrowing costs and elevated inflation. “Home improvement […]
(Bloomberg) — Alibaba Group Holding Ltd. reported a 6.6% rise in revenue after its main e-commerce and cloud businesses managed only modest growth. Most Read from Bloomberg Revenue for the three months ended March rose to 221.9 billion yuan ($30.7 billion), compared with analysts’ estimates for 219.8 billion yuan. Net income dived a worse-than-expected 86% […]
Alibaba stock slid in early trading Tuesday, after the Chinese e-commerce giant reported a mixed March-quarter. Revenue came in above expectations, but earnings were short of views. X In results published before Tuesday’s opening bell, Alibaba Group (BABA) said that it earned an adjusted 10.14 Chinese yuan ($1.40) per American depository share on sales of […]
(Bloomberg) — Alibaba Group Holding Ltd. reported a 6.6% rise in revenue after its main e-commerce and cloud businesses managed only modest growth. Most Read from Bloomberg Revenue for the three months ended March rose to 221.9 billion yuan ($30.7 billion), compared with analysts’ estimates for 219.8 billion yuan. Net income dived a worse-than-expected 86% […]
Home Depot’s sales continued to soften in the first quarter as the nation’s largest home improvement retailer was not only constrained by high mortgage rates and higher inflation for its customers, but it also had to deal with a delayed start to spring. Sales slipped 2.3% to $36.42 billion for the period ended April 28, […]
By Vladimir Soldatkin MOSCOW (Reuters) – Kremlin-owned energy kingpin Gazprom, once Russia’s most profitable company, could face a long period of poor performance as it struggles to fill the gap of lost European gas sales with its domestic market and Chinese exports. The company recently announced an annual net loss of $7 billion, its first […]
May 12—The following data is supplied by Colorado Weekly Homebuyers List Inc., 303-744-2020. Listed are the buyer, the seller and the amount. Allenspark Jessica and Charles Morrow: 1001 Ski Road, Daniel and Tracy Reed, $799,000. Berthoud Mary Austinmills: 1100 Blue Bell Road, CB Signature Homes LLC, $459,800. Edward and Clare Fensholt: 364 Fickel Farm Trail, […]
These real estate transactions, recorded the week of April 29, are compiled from information on file with Peoria, Tazewell and Woodford counties. They represent sales of $78,000 or more. PEORIA COUNTY 2524 W. Vista View Court, Peoria: Gregory A. Hancock to Jianna Guariglia and Tucker Osborne, $80,000. 1002 E. Samuel Ave., Peoria Heights: Michael G. […]
May 10—KIRKLAND — Activity in the housing market increased in April in spite of rising interest rates, according to data from the Northwest Multiple Listing Service, which compiles statistics from 26 of Washington’s 39 counties. Interest rates have increased by 0.38 percentage points over the past month to 7.17%, continuing to constrain prospective buyers’ purchasing […]
By Qiaoyi Li and Brenda Goh BEIJING (Reuters) -China’s car exports surged to a record high in April, data showed on Friday, as domestic sales slipped 5.8% from a year earlier amid intensifying price competition and consumers’ caution about spending on big items during a shaky economic recovery. Car exports jumped 38% year-on-year to 417,000 […]
Futures for the Dow Jones Industrial Average and other major indexes climbed Friday, as Wall Street awaited key inflation data included in the early release of a consumer sentiment report. Meanwhile, Nvidia (NVDA) stock was a beneficiary of strong monthly sales from chipmaker Taiwan Semiconductor Manufacturing (TSM), or TSMC, on the stock market today. X […]