China Cases Top 75,000; 52 More Korean Infections: Virus Update

The number of coronavirus cases in China topped 75,000, while concerns grew over the pace of infections in other Asian countries. China’s death toll rose to 2,236 with 115 new fatalities in Hubei province. The province at the center of the outbreak reported 411 additional cases. Anxiety has crept back into global financial markets as […]

‘West Side Story’ Rumbles Full-Force Into A New Century: Broadway Review

One of the breathtaking moments in director Ivo van Hove’s bold, gorgeous multi-media re-imagining of the great New York musical West Side Story comes when those famously brawling street gangs restrain the tale’s star-crossed lovers from kissing. Each side pulls its own, tug-of-war-style, one holding back Tony, the other Maria, and it takes every last […]

Steelmaking could return to Redcar within three years

Steelmaking will return to Redcar within three years following the devastating loss of its major employer in 2015, the Tees Valley elected mayor has said. Following weeks of negotiations, Conservative mayor Ben Houchen said he had reached an agreement to acquire an 840-acre site on the south bank of the Tees from SSI UK. The […]

Women Are Promoted in Entertainment Industry, But Not to the Top

Women hold only about one-fourth of the top jobs at media and entertainment companies despite being promoted more often, according to new research that shows the industry falling short on gender equality. Women make up half of the total workforce in the media and entertainment industry. They ask for promotions more frequently than men and […]

The Decline and Fall of Victoria’s Secret Titan Les Wexner

As 47 models strutted down the catwalk at the Victoria’s Secret fashion show in New York, billionaire Les Wexner was flying high. It was 2015 and his L Brands Inc. — which started with a single shop in Ohio five decades earlier — had just soared to a record market value of $29 billion, driven […]

Domestic firms eye defence sector; plan to cut imports

The ministry of defence has set a goal of $26 billion, including export of $7 billion for the industry by 2025-26 through its Defence Production Policy 2018. Despite a marginal 6 per cent rise in defence allocation for FY21, domestic companies – Jindal Defence and L&T Defence – are actively looking at participating in the […]

What to Watch For When First Solar Reports Earnings Thursday

Since reaching a high more than 1,600% above its initial public offering price of $20 in mid-2008, shares of First Solar Inc. (NASDAQ: FSLR) have lost about two-thirds of their value. Virtually all the loss was recorded in the four-year period between 2008 and 2012. Many of us are old enough to remember the financial […]

Cleveland-Cliffs, AK Steel Shares Sinking Equally as Merger Nears Closing

When Cleveland-Cliffs Inc. (NYSE: CLF) announced last December that it was acquiring AK Steel Holding Corp. (NYSE: AKS) in an all-stock deal worth valued at $1.1 billion, shares of the iron-ore miner fell by 11% while AK Steel stock rose by a mere 2%. Shareholders in both companies were less than thrilled with the announced […]

The Top-Selling Canned Foods in America

People have been finding ways to preserve food for centuries. The method of storing it in a can dates back to France in the early 19th century. The military was going hungry, and the government offered an award for anyone who came up with a sustainable way to preserve food. A young chef started using […]