A former MP and long-term shareholder in New Zealand’s largest listed retirement business challenged the board over its reporting at today’s AGM and plans to take it up with the Financial Markets Authority. John Boscawen, a former Act Party president and MP, criticised Ryman Healthcare’s board about aspects of the 2022 annual report and financial…
Business Trends
A showcase of the latest business trends and what people are talking about on social media as it relates to business
Amazon (AMZN) Q2 2022 earnings
Amazon shares climbed more than 13% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook.Here’s how the company did: Here’s how other key Amazon segments did during the quarter: Revenue growth of 7% in the second quarter topped estimates, bucking the trend among its Big Tech peers,…
Meta to report Q2 earnings as digital ad market struggles and TikTok gains
Facebook parent company Meta ( META ) reported its Q2 2022 earnings after the closing bell on Wednesday, falling shy of analysts’ expectations, and missing by a wide margin on its Q3 revenue forecasts.The quarter also marked the first year-over-year revenue decline for the social media company.Net income also fell 36% year-over-year. Here are the…
U.S. economy shrank at annual rate of 0.9% in the second quarter – CBS Los Angeles
The U.S.economy shrank between April and June of this year, marking the second consecutive quarter of declining economic activity — a sign the U.S.may be teetering on the edge of a recession. The nation’s gross domestic product, a measure of total spending on goods and services across the economy, fell at an annual rate of…
U.S. economy shrank at annual rate of 0.9% in the second quarter – CBS News
The U.S.economy shrank between April and June of this year, marking the second consecutive quarter of declining economic activity — a sign the U.S.may be teetering on the edge of a recession. The nation’s gross domestic product, a measure of total spending on goods and services across the economy, fell at an annual rate of…
Amazon stock jumps 14% as sales beat and AWS growth overcome a second straight quarterly loss – MarketWatch
Amazon.com Inc.decided to cut back after years of pouring money into growth, and the result was a second consecutive quarterly loss, but a beat on sales and continued strong growth from Amazon Web Services helped push the stock higher in after-hours trading Thursday. Amazon AMZN, +1.08% reported a second-quarter loss of $2 billion, or 20…
Here’s what the Fed interest rate hike means for Main Street
The Federal Reserve raised its benchmark interest rates by 75 basis points on Wednesday, the latest in a series of rate hikes intended to cool the economy and bring down inflation.For all Americans, higher interest rates carry weighty financial implications .Main Street business owners are no exception, as the higher interest rates will flow through…
Top Advertising Industry Headhunters to Know Right Now
Lotka & Co.This story is available exclusively to Insider subscribers.Become an Insider and start reading now.Companies are still desperate to fill advertising roles, despite a slowdown in ad spending.A lot of roles were left vacant by the Great Resignation.Insider rounded up 15 top recruiters that companies like Zoom and Instacart rely on to fill key…
Govt job rush: in 8 years, 22 crore applied, only 7.22 lakh were selected
THE rush for government jobs continued unabated over the last eight years but less than 1 per cent of applications received were selected.Of the 22.05 crore applications received from 2014-15 to 2021-22, only 7.22 lakh or 0.33 per cent, were recommended for appointment in different Central government departments, the government informed the Lok Sabha on…
I take my family’s welfare seriously —Lecturer with 18 children
A lecturer at the Umar Bn Khattab College of Education, Kaduna, Mohammed Sulaiman, trended on social media after he shared his photographs with his wives and 18 children, during Eid-el-Kabir.He speaks with SEGUN ADEWOLE about how he takes care for his family The photographs you took with your family, which you shared on Eid-el-Kabir, trended…