A man walks by the Bank of America headquarters in New York on July 18, 2023.Eduardo Munoz | View Press | Getty ImagesCustomers at several big banks on Friday wrestled with direct deposit delays stemming from an industry-wide processing issue.There was a surge of "outages" reported by banking customers Friday...
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Sports betting, online casino boom fuels big DraftKings revenue gains as rivals vie for market share
DraftKings, a fantasy sports websiteGetty ImagesThe growth of online sports betting and casino gaming across the U.S. has led to soaring revenue for sportsbook companies, but an already crowded race for consumers' dollars is about to get more competitive.DraftKings, which reported quarterly results that beat Wall Street's estimates on Thursday, has...
Activist Engaged Capital sees a path to lift VF Corp’s share price and slash costs
A shopper passes in front of a North Face store at the Easton Town Center mall in Columbus, Ohio, on Jan. 7, 2021.Luke Sharrett | Bloomberg | Getty ImagesCompany: VF Corporation (VFC)Business: VF Corp. is a consolidator of consumer footwear and apparel brands. It engages in the design, procurement, marketing...
Here’s where the jobs are for October 2023 — in one chart
The October jobs report showed a cooling labor market in the U.S., with many sectors showing minimal or negative growth as the economy added a relatively meager 150,000 jobs overall.A bright spot came in health care and social assistance, which added more than 77,000 jobs. Within that, ambulatory health care...
The majority of the world’s most family-friendly airlines are in one continent
Airlines from Asia dominated a new family-friendly airlines list compiled by travel website The Family Vacation Guide. Eight of the top 11 airlines are based in Asia. Thirty-four airlines were reviewed.The ranking was based on eight factors — including seat comfort, free seat selection and pre-boarding for families — for a...