Panic! At The Disco To Disband After European Tour

Pop-rock band Panic! at the Disco will disband after nearly 20 years together, singer and frontman Brendon Urie announced today. The split will happen after the completion of a European tour in Manchester, England on March 10. Urie announced the break-up on Instagram today, explaining that he and wife Sarah are expecting their first child and he wants to “put […]

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US Delegation In Kyiv Discusses Ukraine's Multiple Needs

A high-level U.S. delegation held discussions with top leaders of the Ukrainian Government in Kyiv Monday. The delegation, headed by Deputy Secretary of State Wendy Sherman, met with President Volodymyr Zelenskyy, members of the Office of the President, and senior Ukrainian officials “to reaffirm the United States’ strong and steadfast commitment to Ukraine and its defense against Russia’s unprovoked aggression,” […]

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Johnson & Johnson Q4 Profit Down 26%, But Adj. EPS Tops Estimates

Healthcare company Johnson & Johnson (JNJ) on Tuesday reported that profit for fourth quarter declined 25.9 percent from last year, reflecting a sales decline and higher provisions for income taxes. Adjusted earnings per share topped analysts’ expectations, while quarterly revenues missed it by a whisker. The company also initiated operational earnings forecast for the full-year 2023, above estimates. For the […]

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Wall Street Might Open Lower, Earnings On Focus

Earnings reports might be the highlight this week. Major corporates have scheduled their earnings on Tuesday. Producer Prices, Retail Sales, Industrial Production, Housing Starts, and Existing Home Sales also are expected this week. Early cues from the U.S. Futures Index suggest that Wall Street might open lower. Asian shares finished mixed, while European shares are trading lower. As of 7.15 […]

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Party City files bankruptcy after pandemic recovery falters

By Amelia Pollard and Jeremy Hill, Bloomberg Party City Holdco Inc. is seeking bankruptcy protection, a final blow for the retailer that struggled to rebound after sales plummeted during the pandemic. The firm filed for Chapter 11 bankruptcy in the Southern District of Texas on Tuesday, court documents show. It reached a plan with holders of more than 70% of […]

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European Shares Poised For Mixed Open On Weak China Data

European stocks are seen opening on a mixed note Tuesday, as investors digest weak Chinese data and await more earnings reports from the U.S. for direction. China reported its second-lowest annual economic growth in almost 50 years, hit hard by stringent COVID measures and a property market slump. GDP rose an annual 2.9 percent in the fourth quarter, weaker than […]

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The Big Mac Inflation Index

The ever-astute Ravi Matthai, Director of Indian Institute of Management, Ahmedabad in 1971, offered me a basic salary of Rs 1,000 per month on my return from the United States.I doubt if IIMA could hire a faculty member at Rs 55,000 per month today! points out Dr Shreekant Sambrani. Inflation is the leading topic on people’s mind, from the suits […]

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