Student Earns $110 Million in Bed Bath & Beyond Trading Shares

A 20-year-old college student made $110 million selling his stake in retailer Bed Bath & Beyond after the company’s stock price surged over a month-long period this summer — an echo of the “meme stock” boom of last year. Jake Freeman, who studies applied math and economics at the University of Southern California, bought 5 … Read more

Foreign companies in Taiwan weigh future amid risk in China, COVID restrictions | Business and Economy

taipei, taiwan – When the Chinese military conducted unprecedented exercises to encircle Taiwan in the past two weeks, most Taiwanese shrugged. On August 6, at the height of the drills, revelers on Dongyin — an island controlled by Taiwan in the Matsu Archipelago just 50 km (30 miles) from China’s Fujian province — danced through … Read more

Germany will not discuss rapid expansion of LNG exports during visit to Canada

German Chancellor Olaf Scholz, left, and Prime Minister of Canada Justin Trudeau, right, stroll during their bilateral meeting on the sidelines of the G7 summit at Elmau Castle in Kruen, Germany, on June 27.Kerstin Joensson/AFP/Getty Images When German Chancellor Olaf Scholz visits Canada next week to discuss the energy crisis gripping his country, the prospects … Read more

Your Harlow

THE Bank of England will withdraw the legal tender status of £20 and £50 paper notes after 30 September 2022. After this date, paper notes of £20 and £50 will no longer be legal tender. That’s why they encourage anyone who still has them to use them or deposit them at their bank or post … Read more

Kohl’s is a dump in more ways than one

The department store chain presented a bleak outlook for 2022 on Thursday, saying it expects full-year sales to fall 5% to 6% compared to a year ago and blames high inflation for preventing shoppers — particularly the middle incomes – spend more in its stores. The company also reported a decline in revenue and profit … Read more

Average annual income for working Australians revealed at $92,000

Despite the sheer number, Australians earning less than $92,000 a year are now considered below average income. This is because the latest earnings report from the Australian Bureau of Statistics revealed that the average full-time worker earns $1769.80 per week, or $92,029.60 per year (before taxes). Once you factor in overtime, penalties, bonuses, and commission, … Read more

Manitoba plans to raise minimum wage to $15 by 2023 – Winnipeg

The Manitoba government plans to raise the minimum wage to $15 by October 2023, Prime Minister Heather Stefanson announced on Thursday. The prime minister noted that the government will soon begin consultations with small businesses about the effects of this change. An additional increase in the minimum wage could put pressure on Manitoba’s small businesses. … Read more

The twist no one saw coming for Bed Bath & Beyond

New York CNN Business — This summer is all about sequels. We have had Top Gun, Jurassic World, Thor… and now we’re all buying tickets for GameStop Part 2: Bed Bath & Beyond. Here’s the deal: Bed Bath & Beyond’s company has been circulating for a while, but its stock got a boost this spring … Read more