McCormick spices are displayed on a shelf at a supermarket in San Anselmo, California, on March 28, 2023.Justin Sullivan | Getty Images News | Getty ImagesCheck out the companies making headlines in midday trading.Warby Parker — The eyewear maker popped 6% after Evercore ISI upgraded shares to outperform from...
Edelman Financial Engines has acquired Align Wealth Management, a registered investment advisory firm that manages $425 million in assets, Edelman announced Tuesday. The Oklahoma City-based RIA also has an office in St. Petersburg, Florida, so the deal expands Edelman’s footprint into Oklahoma and Florida. The firm, co-founded in 1994 by Brian...
United Auto Workers (UAW) members and supporters on a picket line outside the General Motors Co. Flint Processing Center in Swartz Creek, Michigan, US, on Monday, Sept. 25, 2023. Emily Elconin | Bloomberg | Getty ImagesDETROIT – An ongoing strike by the United Auto Workers union against the Detroit automakers...
A Krispy Kreme glazed doughnut is shown in Daly City, California, on May 12, 2022.Justin Sullivan | Getty ImagesKrispy Kreme is exploring strategic alternatives, including an all-cash sale, of its majority stake in Insomnia Cookies, the company said Tuesday.The decision is part of an effort to focus more on...
Money management firms launched new exchange-traded funds at a rapid pace last month, shaking off fears that the $7 trillion industry is already overrun with low-cost investment vehicles. Sixty-nine new ETFs came to market in September, making it one of the busiest months since at least 2016, data compiled by...
Guests attend a pool party in the penthouse apartment at the 50 United Nations Plaza building in New York.Michael Nagle | Bloomberg | Getty ImagesA shortage of luxury apartments in Manhattan is causing a surge in prices at the top of the market, even as broader apartment sales and...
