AKRON, Ohio — The piece of metal that struck a Cedar Point amusement park guest waiting in line for the Top Thrill Dragster roller coaster was about the size of “a man’s hand,” according to state investigations. The accident has left 44-year-old Rachel Hawes of Michigan in intensive care with a brain injury, according to a family statement released to a Cleveland TV station. “We are devastated by last weekend’s accident at Cedar Point,” the statement said. “We want to thank everyone for… Source link
Read More »Small biz mood darkens amid ‘roller coaster’ of Delta variant, hiring ‘struggle’
As entrepreneurs navigate the changed economic landscape of the COVID-19 era, small U.S. businesses are increasingly pessimistic about the recovery — and are still scrambling to fill open jobs in a way that’s impacting their ability to function. Last week, the National Federation of Independent Businesses that its Small Business Optimism Index dropped 2.8 points in July to 99.7, reversing the gain from the previous month. Bill Dunkelberg, the NFIB’s chief economist, said in a statement… Source link
Read More »GameStop’s Tumult Lives On With $6.4 Billion Roller Coaster Trip
(Bloomberg) — GameStop Corp. is ending the week lower than where it started, even after retail investors refused to let go of their commitment to the stock following an earnings-related selloff. Investors were quick to get over GameStop’s 12th consecutive quarter of slowing sales and management’s decision to not take questions on its earnings call on Tuesday, despite warnings from most Wall Street analysts. On Thursday, shares erased the earnings-led slump. More than $6.4 billion in… Source link
Read More »GameStop stock on a roller coaster once again as short interest drops
TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link
Read More »From taking on Yahoo to being tamed by China’s Communist Party— it’s been a roller coaster decade for Jack Ma
In a pandemic year that saw businesses across the world take a big hit, Alibaba wasn’t immune to the impact of COVID-19, especially given the fact that the coronavirus pandemic began in China. Alibaba’s market value is a whopping $600 billion, and hopes are pinned on the dual IPO in Shanghai and Hong Kong bourses. But a massive blow comes for the e-commerce giant as Alibaba and Ant Group’s $34 billion initial public offering (IPO) was suspended by the Shanghai Stock Exchange. The Shanghai… Source link
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