Bank of America raises employee minimum wage to $24 per hour
The banking giant said it remains on track to pay $25 an hour by 2025 — a significant bump from the $15-per-hour minimum in 2018. Source link...
MARKET
Top miners set to suffer from global industrial slump, Deutsche Bank says
A slowdown in industrial activity in China, the U.S. and Europe is set to push down the prices of copper, nickel and iron ore, and see the world’s top metals producers suffer Source link...
Musk’s SpaceX launches historic Polaris Dawn for first commercial space walk
Elon Musk’s SpaceX completed the first launch of the private Polaris Program early Tuesday carrying four astronauts who will undertake the first commercial spacewalk. Source link...
Apple owes €13 billion in back taxes as long-running dispute ends
The European Court of Justice on Tuesday ruled that Apple owed €13 billion ($14.3 billion) in back taxes over what it said was illegal state aid from Ireland. Source link...
AngloGold Ashanti strikes $2.5 billion deal to buy Egyptian gold miner Centamin
The South African mining giant said it had reached a deal to acquire Egypt’s largest gold miner for $2.5 billion, in what marks a 36.7% premium on its closing share price on Monday Source link...
‘I have zero regrets’: I’m 84 and estranged from my two adult sons. My 48-year-old wife will get my seven-figure estate. Is that selfish?
“My will and trust will exclude everyone that carries my family name.” Source link...
Apple investors get a raw deal with iPhone 16 — but customers get a bargain
Wall Street’s much-hoped-for price hikes on Apple Inc.’s new iPhone 16 line did not materialize at its launch Monday, but Chief Executive Tim Cook clearly hopes to drive more volume by not raising prices. Source link...
Under Armour calls for bigger losses ahead on higher restructuring charges
Shares of Under Armour Inc. dropped in the extended session Monday after the retailer said it expects a bigger operating loss in fiscal 2025 thanks to increased restructuring costs. Source link...
How can I make $400,000 work for me in retirement? ‘I have never invested in the stock market.’
“Interest rates are going down so CDs might not be an option for long.” Source link...
Oracle’s stock soars as earnings bring three big positives
Oracle is the latest software company to show profit progress in its financial results. The company also announced an AWS deal and saw its backlog growth accelerate. Source link...
