Starbucks reported record quarterly revenue in fiscal Q4, but the strain of ongoing unionization efforts remains. As of Friday, there are 320 Starbucks locations that have conducted unionization ballot counts. Of those, 257 have voted yes to unionize, 57 have voted no, and 6 are challenge-determinative. Of those that voted yes, 248 have been certified, and Starbucks is expected to begin bargaining in good faith with the union, according to the National Labor Relations Board. However, a… Source link
Read More »3 top dividend stocks yielding as high as 8.7% — with inflation still near 40-year highs, it might be a good move to nail down some income
3 top dividend stocks yielding as high as 8.7% — with inflation still near 40-year highs, it might be a good move to nail down some income Inflation is on a white-hot tear. U.S. consumer prices surged 8.3% in April from a year ago, down slightly from 8.5% in March, but still near 40-year highs. Whether central bankers believe inflation is short-lived, prices are on the rise right now. To preserve purchasing power, investors usually turn to assets like gold and silver during inflationary times…. Source link
Read More »Nvidia’s latest earnings report is the ‘nail in the coffin’ for $40 billion ARM deal
Nvidia’s (NVDA) $40 billion deal to purchase the U.K.-based chip developer ARM from SoftBank is all but dead. That’s at least what Susquehanna senior equity analyst Chris Rolland took away from Nvidia’s leadership during the company’s Q3 earnings call on Wednesday. “I think some of the commentary [on Wednesday] kind of puts the final nail in the ARM coffin here,” Rolland told Yahoo Finance Live. Nvidia initially made the $40 billion deal public in September 2020 with expectations… Source link
Read More »Final Nail in the Coffin for Yahoo Groups Lands Dec. 15
(Credit: Yahoo) Yahoo Groups will shut down for good on Dec. 15, a year after company parent Verizon decided to gut most of the functionality from the 20-year-old discussion board platform. Yahoo said supporting the platform “no longer fit” with its long-term strategy, citing low use. At the same time, Yahoo is indicating it’s moving away from hosting user-generated content. “Yahoo Groups has seen a steady decline in usage over the last several years,” Yahoo said in a FAQ about… Source link
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