investors are getting a raise. The fast-food titan recently announced an 8% increase to its quarterly dividend, bringing the annual payout to $5 per share. Given its long track record of annual raises and its improving operating trends over the past few years, the boost wasn’t much of a surprise.Continue Reading
The Federal Reserve added liquidity for a fourth straight day to a vital corner of the funding markets, helping further stabilize rates as investors remain concerned that fresh bouts of stress may be felt in the weeks ahead. The New York Fed injected another $75 billion Friday through an overnightContinue Reading
Walmart says it will stop selling electronic cigarettes, at namesake stores and Sam’s Club locations. The nation’s largest retailer is responding to growing health concerns around vaping, especially among young people. Walmart cited “growing federal, state and local regulatory complexity and uncertainty regarding e-cigarettes,” saying that its stores will stopContinue Reading
With even 30-year Treasury bonds only yielding around 2.3%, investors looking for income from their portfolios have to look farther out on the risk curve than government bonds to get decent yields. Those low yields are making stocks — which often not only pay higher-yielding dividends but also have the potentialContinue Reading
Investors take for granted that the Federal Reserve controls interest rates. Rarely do they have to think about how. But a surprisingly lively couple of days in short-term money markets has meant that the “how” became nearly as important as the “why.” The stress started on Monday in the marketContinue Reading
CBS, WarnerMedia, and Viacom have decided to ban Juul and other electronic cigarette advertisements on their networks following a surge of mysterious vaping-related diseases that has claimed the lives of seven people. A CBS spokesperson confirmed to NBC News on Wednesday that it will not accept any e-cigarette advertising on itsContinue Reading
NEW DELHI: India’s cash-starved state-run Air India is putting its crew on a diet, changing their inflight menu to special low-fat meals. Dhananjay Kumar, the airline spokesman, says the objective is to provide healthy and cost-effective meals to crews on domestic and international flights. Kumar on Wednesday declined comment onContinue Reading
A few euros, a couple of mouse clicks and a tree is planted—as air travel is increasingly becoming a source of guilt, consumers and companies are looking for other ways to ease their conscience and reduce their carbon footprint. But as more polluting industries join efforts to offset their carbon emissions,Continue Reading
SINGAPORE, Sept 18 (Reuters) – London copper prices edged down and other industrial metals traded in tight ranges on Wednesday as investors awaited clues on the U.S. Federal Reserve’s future monetary policy. Three-month copper on the London Metal Exchange (LME) dipped by 0.1% to $5,816.50 a tonne at 0716 GMT,Continue Reading
China’s industrial engine continued to stutter in August, with a key gauge of the country’s manufacturing output slumping to a new 17-year low, in the last month before the United States imposed new tariffs on Chinese-made goods. Industrial production, which measures China’s industrial output, including manufacturing, mining and utilities, grewContinue Reading