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Stanley Black & Decker, Inc. continues to underscore its reputation for stability, reporting approximately $15.4 billion in revenue for 2024 and extending a dividend record that now spans 148 consecutive years. The Connecticut-based manufacturer, formed by the 2010 merger of Stanley Works and Black & Decker, remains one of the longest-standing dividend payers in U.S. corporate history, […]
Washington, D.C. — Thousands of pages of correspondence unsealed by the House Oversight and Government Reform Committee reveal that Prince Andrew, now formally known as Andrew Mountbatten Windsor, pressed Jeffrey Epstein and Ghislaine Maxwell in 2011 to issue statements distancing him from impending allegations of sexual misconduct. The documents, made public Wednesday night after a […]
The major New York auction houses will offer more than $1.4 billion in art next week, a total that specialists say could signal the first broad recovery in the high-end market after three consecutive years of declining sales. Sotheby’s, Christie’s and Phillips plan a series of evening and day auctions that begin on Nov. 13. Aggregate estimates […]
Sen. John Fetterman is undergoing medical observation in a Pittsburgh hospital after experiencing a fall during an early-morning walk near his Braddock, Pennsylvania, residence on Thursday, his office said. According to a statement from the Pennsylvania Democrat’s staff, Fetterman had a ventricular fibrillation flare-up that left him light-headed, causing him to lose balance, hit the […]
NextStar Energy Inc., the Canadian battery joint venture established by Stellantis and South Korea’s LG Energy Solution, will reconfigure part of its Windsor, Ontario, factory to manufacture lithium-iron-phosphate (LFP) cells intended for energy storage systems (ESS). Production of the new chemistry is scheduled to begin in November, the company confirmed. The Windsor facility entered operation […]
Attorneys representing former FBI Director James Comey and New York Attorney General Letitia James urged a federal judge on Thursday to dismiss the criminal cases against their clients, arguing that the prosecutor who secured the indictments was installed in violation of the U.S. Constitution. During a hearing before U.S. District Judge Cameron Currie, defense counsel […]
Boston-based startup Code Metal Inc. has raised $36.5 million in new funding, positioning the young company to accelerate development of its artificial-intelligence system that converts source code from one programming language to another. The Series A round was led by venture capital firm Accel Partners, whose previous early-stage investments include Facebook, Dropbox and Atlassian. Existing […]
Rescue crews recovered the body of coal mine foreman Steve Lipscomb early Thursday after nearly a week of continuous efforts inside the flooded Rolling Thunder Mine in Nicholas County, West Virginia. The discovery ends an intensive operation that began Saturday, when a sudden inrush of water trapped the veteran miner underground. According to a statement […]
Moscow — The Russian government has approved the transfer of Citigroup’s remaining business in the country to domestic investment bank Renaissance Capital, closing another chapter in the retreat of Western lenders from the Russian financial sector. A presidential decree signed by President Vladimir Putin grants formal clearance for the sale, according to information confirmed by […]
The French capital is observing the 10-year anniversary of the Nov. 13, 2015 terrorist attacks that killed 132 people and wounded several hundred more across Paris and its northern suburb of Saint-Denis. A day of solemn ceremonies on Thursday brings together President Emmanuel Macron, Paris Mayor Anne Hidalgo, survivors, families of the dead and first […]
A new survey indicates that most family offices expect the next generation to overhaul investment priorities, accelerating the use of technology, broadening exposure to alternative assets and expanding commitments to environmental, social and governance strategies. Bank of America’s poll of 335 family offices—60% of which oversee at least $500 million—shows that 87% have not yet transferred […]
Food banks across the United States are recording historic traffic after monthly Supplemental Nutrition Assistance Program (SNAP) payments were paused on Nov. 1 as a consequence of the ongoing federal government shutdown. The interruption affected nearly 42 million people who rely on the benefit to help cover grocery costs, forcing emergency feeding organizations to absorb a sudden […]