Supreme Court sides with government on tax case, but that doesn’t mean wealth taxes are coming
Wealth tax supporters still see a green light on taxing the wealthy, even though the court refused to weigh in on the issue. Source link...
MARKET
Pandemic-related stress affected babies’ brain development, researchers find
The COVID-19 pandemic’s mental-health effects may reverberate through a new generation, research published Thursday suggests. Source link...
Aurora Cannabis falls short of revenue target and stock drops
Aurora Cannabis Inc.’s stock fell nearly 6% on Thursday after the Canadian marijuana company fell short of the analyst estimate for its fourth-quarter revenue, although it reported a narrower loss than in the previous year on robust international business. Source...
Jobless claims stay near a 10-month high. The end of the school year might be the reason.
The number of Americans who applied for unemployment benefits last week fell slightly, but new jobless claims stayed near a 10-month high, which may be related to the end of the school year. Source link...
India’s election result was the best possible outcome, one fund manager says. Here’s what foreign investors are missing.
Gaurav Narain, co-head of equities at Ocean Dial Asset Management, says Indian stocks are expensive for a reason — they’re growing. Source link...
Kroger’s stock pops after better-than-expected earnings
Kroger Co.’s stock rose 2.5% early Thursday, after the grocery chain posted better-than-expected first-quarter earnings and backed its guidance. Source link...
Winnebago’s stock slides after earnings fall short of estimates
Winnebago Industries Inc.’s stock fell 4% early Thursday, after the recreational vehicle maker’s fiscal third-quarter earnings fell short of estimates. Source link...
Honeywell to acquire CAES Systems for about $2 billion in third deal of 2024
Honeywell International Inc. has agreed to a roughly $2 billion deal to acquire aerospace and defense company CAES Systems from private-equity firm Advent International, confirming a report in the Wall Street Journal earlier Thursday. Source link...
‘His wife is manipulative and tries to push us away’: My father married a 60-year-old woman with no money, then changed his will. What can we do?
“He changed his will, leaving his new wife his share of the estate, plus all of the contents of the house, including family heirlooms.” Source link...
It’s all-round wild: This ‘salad spinner house,’ rented by Justin Bieber, can be yours for $35 million
Built by a prominent architect, the 6-bedroom, 7,500-square-foot glass-walled mansion is a bit of a landmark in L.A.’s ritzy Coldwater Canyon. Source link...
