FedEx (FDX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this package delivery company have returned -6.4% over the past month versus the Zacks S&P 500 composite’s +3.7% … Read more
FOUNTAIN HILLS, AZ, Aug. 29, 2022 (GLOBE NEWSWIRE) — Alpine Acquisition Corporation (NASDAQ: REVE) (“Alpine” or the “Company”) announced today that its sponsor, Alpine Acquisition Sponsor LLC (the “Sponsor”), requested that the Company extend the date by which it has to consummate a business combination from September 2, 2022 to December 2, 2022 (the “Extension”). … Read more
An investigation on behalf of investors in The Charles Schwab Corporation (NYSE: SCHW) shares over potential wrongdoing. An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Charles Schwab Corporation. Investors who purchased shares of The Charles Schwab Corporation (NYSE: SCHW) have certain options and should contact the Shareholders … Read more
Congress has injected yet another wave of stimulus funding as the Biden Administration attempts to shape the future of America’s infrastructure. On August 16, 2022, President Biden signed into law House Bill 5376, known as the Inflation Reduction Act (IRA). The IRA, like the American Rescue Plan Act (ARPA) and the Infrastructure Investment and Jobs … Read more
Although the plaintiff cable technicians, who were paid by the completed job and not by the hour, were covered employees under the Fair Labor Standards Act (FLSA), they nonetheless were bona fide commissioned employees and therefore exempt from the overtime requirements of Act, the Fifth Circuit Court of Appeals recently ruled. Accordingly, the district court’s … Read more
On Wednesday, June 22, 2022, the US Securities and Exchange Commission (“SEC”) issued an Order Instituting Cease-And-Desist Proceedings against the Brinks Company, a Virginia corporation headquartered in Richmond, Virginia, which (the Order recites)” provides cash transit and money processing services worldwide,” and whose shares are traded on the New York Stock Exchange. By 2015, and … Read more
Although the plaintiff cable technicians, who were paid by the completed job and not by the hour, were covered employees under the Fair Labor Standards Act (FLSA), they nonetheless were bona fide commissioned employees and therefore exempt from the overtime requirements of Act, the Fifth Circuit Court of Appeals recently ruled. Accordingly, the district court’s … Read more
John Persinger, CEO and Tim Necastro, President of the Erie Downtown Development Corporation, Aug. 29, 2022. Photo by Joel Natalie, TalkErie.com. John Persinger, inaugural chief executive officer of Erie Downtown Development Corporation (EDDC), recently shared his plans to step down as CEO at the end of 2022. John and his wife, Sarah, have decided to … Read more
BOSTON, Aug. 29, 2022 /PRNewswire/ — The following statement is being issued by Professor Eric D. GreenSpecial Master for the Department of Justice’s Takata Airbag Individual Restitution Fund and Trustee of the Tort Compensation Trust Fund Created in the Takata Bankruptcy Cases. Takata Defective Airbag Claims Professor Eric D. Greenas a Special Master and Trustee, … Read more
Westford, USA, Aug. 29, 2022 (GLOBE NEWSWIRE) — Robots are already in use in manufacturing, aerospace industries and other technological fields, but their use is set to increase in the next few years as developers in the global humanoid robot market Such as Honda, Tesla, Xiaomi, and Engineered Art, among others strive to create more … Read more