Emerson reports weak quarter on hit from supply snarls, raises sales forecast By Reuters

[ad_1] © Reuters. FILE PHOTO: Emerson Electric Co is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020. REUTERS/Brendan McDermid/ (Reuters) – Industrial conglomerate Emerson (NYSE:) Electric Co missed Wall Street expectations for quarterly profit and revenue on Wednesday, as lingering supply-chain snags … Read more

Maersk warns lower container volumes to hit 2023 profits By Reuters

[ad_1] © Reuters. FILE LOGO: Maersk’s logo is seen on top of a building at Zona Franca in Barcelona, Spain, November 3, 2022. REUTERS/Albert Gea By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Shipping group A.P. Moller-Maersk warned on Wednesday lower container volumes and freight rates would drive a four-fold plunge in profits this year, even as it … Read more

Logan Paul and CryptoZoo hit with lawsuit as investors take action By Cointelegraph

[ad_1] CryptoZoo and Logan Paul have been named as defendants in a newly filed class-action lawsuit, which alleges they stole millions of dollars worth of purchaser’s cryptocurrency via a “fraudulent venture.” In a court filing on Feb. 2 in the District Court of the Western District of Texas, plaintiff Don Holland alleged that Paul and … Read more