The Santa Claus rally has long been attractive to investors looking to end the year on a high note. North American markets have already experienced robust growth throughout 2024, but the prospect of a year-end…
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Business
Honda and Nissan officially begin merger talks to create world’s third-largest automaker
by adminJapanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a news conference on Monday, Honda CEO Toshihiro Mibe said the companies needed greater scale to…
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Business
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
by adminNordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool. The company’s board of directors…
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The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking plastic bricks. At a time when toy companies are struggling to match the…
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Business
Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
by adminThe Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay. The agency alleges that Walmart and the vendor,…
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Business
IRS plans to pay 1 million taxpayers up to $1,400. Here’s how to check if you’re eligible.
by adminThe IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last week. The payments will go to individuals who did not claim the 2021…
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Mozambique’s top court on Monday confirmed the ruling party Frelimo’s victory in an October election, which has sparked massive protests by opposition groups who say the vote was rigged. The Constitutional Council has the final…
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World News
Venezuelan opposition members say they’re under ‘siege’ as they take refuge in an embassy
by adminThe residence of the Argentine ambassador in Caracas, Venezuela, is mostly silent these days. Rather than diplomatic chatter or Christmas carols at this time of the year, the only noise is that of a small…
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One of Colombia’s infamous drug lords and a key operator of the Medellin cartel has been deported back to the South American country, after serving 25 years of a 30-year prison sentence in the United…
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World News
Burt, the huge Australian crocodile who had a cameo in ‘Crocodile Dundee,’ dies at 90
by admin(AP) — Burt, the huge crocodile that rose to fame with a cameo in the movie “Crocodile Dundee” and continued to impress visitors with his fiery temper and commanding presence, has died. Burt died over…