Thursday, June 23, 2016

Jimmy John's agrees not to enforce noncompete agreement against sandwich makers and other top stories.

  • Jimmy John's agrees not to enforce noncompete agreement against sandwich makers

    Jimmy John's agrees not to enforce noncompete agreement against sandwich makers
    Jimmy John’s agrees not to enforce noncompete agreement against sandwich makers The Associated Press First Published Jun 22 2016 03:51PM    •    Last Updated Jun 22 2016 04:38 pm FILE - In this Friday, Jan. 2, 2015, file photo, a sign advertises hiring opportunities at a Jimmy John's sandwich shop, as an employee walks out to make a delivery in Atlanta. New York Attorney General Eric Schneiderman announced Wednesday, June 22, 2016, that the Ji..
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  • Asian millionaires now the wealthiest in the world

    Asian millionaires now the wealthiest in the world
    Step aside, American millionaires. Your Asian counterparts are now wealthier than you are. Asian millionaires now control more wealth than their peers in North America, Europe and other regions, according to a new World Wealth Report from Capgemini, a consulting group. Asian millionaires saw their wealth jump by 9.9% in 2015, while poor performance in the equity markets in the United States and Canada slowed growth in North America to a sluggish 2.3% last year. Related: U.S. millionai..
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  • Oil prices move higher on optimism over Brexit vote

    Oil prices move higher on optimism over Brexit vote
    Crude oil prices rose Thursday as voters went to the polls in a landmark British referendum to determine whether the U.K. remains a member of the European Union. According to analysts, market sentiment has improved as support for the U.K. to stay in the bloc has gained traction, stoking oil prices higher. On the New York Mercantile Exchange, light, sweet crude futures for delivery in August ..
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  • Resales of homes up 1.8% in May

    Resales of homes up 1.8% in May
    WASHINGTON -- Americans snapped up houses in May almost as soon as properties were listed, fueling the strongest sales rate in nearly a decade. Sales of previously owned homes rose 1.8 percent last month to a seasonally adjusted annual rate of 5.53 million, the highest level since February 2007, the National Association of Realtors said Wednesday. People remain intent on buying homes, despite the low inventory of properties on the market that has caused prices to rise. The elevated demand likel..
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  • Red Hat slumps after announcing quarterly earnings, deal to buy 3scale

    Red Hat slumps after announcing quarterly earnings, deal to buy 3scale
      Markets Stream gives you a single place to follow live updates of markets moves and commentary, plus relevant insight from the web and social media. Here’s how it works. (Photo: Getty Images)
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  • Asia markets end mixed as traders brace for Brexit vote

    Asia markets end mixed as traders brace for Brexit vote
    But Nicholson cautioned that markets were nervous and "some sharp market moves are likely over the next 24 hours." In a likely sign that the market might be pricing in a "remain" vote, the pound traded up at $1.4761 as of 3:14 p.m. HK/SIN, compared with levels near $1.40 in the previous week. The greenback was relatively weaker against a basket of currencies, with the dollar index down 0.24 percent to 93.493, compared with levels near 95.300 in the previous week. The euro traded higher a..
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  • How Bad Management Led to American Express' Costco Disaster

    How Bad Management Led to American Express' Costco Disaster
    Image source: Getty Images On Feb. 15, 2015, American Express (NYSE:AXP) CEO Ken Chenault announced that the company was walking away from its co-branded credit card partnership with Costco (NASDAQ:COST). The market responded immediately, sending the stock down 6%. This month, as Costco completes its transition to Visa (NYSE:V), American Express' stock has continued its downward spiral. Amex stock today is down over 21% since the announcement. Blame for this fiasco is squarely on the shoulders ..
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  • New Mexico sues Colorado over huge 2015 mine waste spill

    New Mexico sues Colorado over huge 2015 mine waste spill
    ALBUQUERQUE, N.M. (AP) — New Mexico is suing the state of Colorado, saying its neighbor to the north should be held responsible for the contamination caused by the 2015 Gold King Mine spill as well as decades of acidic drainage from mines near the headwaters of the Animas River. The New Mexico Attorney General’s Office and the state Environment Department announced late Wednesday that they filed a complaint against Colorado with the U.S. Supreme Court. It marks the second major legal salvo fire..
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  • Solar Impulse 2 completes first ever solar-powered Atlantic flight

    Solar Impulse 2 completes first ever solar-powered Atlantic flight
    Solar Impulse 2 has successfully crossed the Atlantic — the first journey of its kind made by a solar-powered plane. The experimental aircraft set off from New York on Monday and landed this morning in Seville, Spain. The four day crossing is one of the most difficult sections in the aircraft's round-the-world flight. The journey started in March 2015 in Abu Dhabi, and last year, the Solar Impulse 2 flew eight stages of its trip — including a record-breaking four day, 21-hour leg from Japan to ..
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Dad Gets Tattoo to Match His Son's Surgery Scar .Will Trump campaign's shake-up salvage bid? .
Exercising Hours After Learning Improves Memory Recall .Chelsea Clinton gives birth to a baby boy, her second child .

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