Penn sports betting business posts fourth quarter profit

Penn sports betting business posts fourth quarter profit

In this photo illustration the Penn Entertainment logo seen displayed on a smartphone mobile screen. Raphael Henrique | SOPA Pictures | Light flare | Getty Images Penn Entertainment Thursday became the first US gambling company to post a profit in its sports betting business in the last three months of a year. Usually, it is … Read more

Biden’s IRA left Europe blind. And playing catch-up could lead to 2 big mistakes

Biden’s IRA left Europe blind.  And playing catch-up could lead to 2 big mistakes

US President Joe Biden and European Commission President Ursula von der Leyen. Bloomberg | Bloomberg | Getty Images The European Union is working against time to create a program that can compete with President Joe Biden’s unprecedented climate subsidies. But he will face two key problems in the process. The EU had long asked the … Read more

Pregnancy complications linked to higher risk of heart disease, study finds

Pregnancy complications linked to higher risk of heart disease, study finds

CNN — According to a new study, five major pregnancy complications are powerful risk factors for ischemic heart disease throughout life, with the greatest risk occurring within a decade of giving birth. Ischemic heart disease refers to heart problems, including heart attack, caused by narrowed or dysfunctional blood vessels that reduce blood and oxygen flow … Read more

Nasdaq 100 futures rise, propelled by Meta stocks

Nasdaq 100 futures rise, propelled by Meta stocks

S&P 500 futures advanced late Wednesday as investors looked past the latest interest rate hike and comments from the Federal Reserve. Broad index futures added 0.5%. Nasdaq 100 futures gained 1.1%, helped by Meta stocks. Futures linked to the Dow Jones Industrial Average fell 10 points, trading almost flat. Meta jumped more than 19% in … Read more

Why the West is making Ukraine wait for fighter jets – POLITICO

Why the West is making Ukraine wait for fighter jets – POLITICO

Press play to listen to this article Expressed by artificial intelligence. The West doesn’t really say “never” about fighter jets for Ukraine – it just wants to focus first on getting weapons from Kyiv for an imminent offensive. This is the sentiment emerging in the wake of US President Joe Biden’s emphatic ‘no’ – echoed … Read more

Bed Bath and Beyond is closing another 87 stores. See the list

Bed Bath and Beyond is closing another 87 stores.  See the list

New York CNN — Bed Bath and Beyond is closing another 87 stores as the struggling retailer heads into bankruptcy. The store closures add to the 150 closures announced by Bed Bath and Beyond last August. The new listing includes 5 buybuy Baby locations and the remaining 49 Harmon Face Value stores, which once sold … Read more

Stock futures fall as traders await latest Federal Reserve rate hike decision

Stock futures fall as traders await latest Federal Reserve rate hike decision

Traders on the NYSE floor Source: NYSE Stock futures fell on Wednesday as investors anticipated Wednesday’s Federal Reserve meeting. Futures contracts linked to the Dow Jones Industrial Average lost 140 points or 0.4%. S&P 500 futures and Nasdaq Composite futures fell 0.4% and 0.3%, respectively. The Fed will announce at 2:00 p.m. (ET) how much … Read more

Hong Kong criminalizes CBD as a ‘dangerous drug’ alongside heroin

Hong Kong criminalizes CBD as a ‘dangerous drug’ alongside heroin

hong kong CNN — Two years ago, cannabidiol was booming in Hong Kong. The compound, known as CBD, was popping up in cafes, restaurants and stores, with companies keen to join an exciting new market that was already well established in countries around the world. This all came to an end on Wednesday, when CBD … Read more

Vladimir Putin is not crazy, just ‘radically rational’, says former French president – POLITICO

Vladimir Putin is not crazy, just ‘radically rational’, says former French president – POLITICO

Press play to listen to this article Expressed by artificial intelligence. PARIS — Vladimir Putin is a “radically rational” leader who is betting that Western countries will tire of supporting Ukraine and agree to a negotiated end to the conflict that will be favorable to Russia, former French President Francois Hollande told POLITICO. Hollande, who … Read more

IMF: global economic outlook a little “less gloomy” than expected

IMF: global economic outlook a little “less gloomy” than expected

London CNN — The global economy will weaken this year as rising interest rates and Russia’s war in Ukraine continue to weigh on activity. But economists are more optimistic than they were a few months ago. The International Monetary Fund said on Monday it now expects global growth to slow from 3.4% in 2022 to … Read more