Alliance Resource Partners has idled its Mountain View Mine in West Virginia following reduced demand from a major utility customer, putting 200 jobs at risk and spotlighting the persistent customer concentration risks facing U.S. coal producers.
Year-end real estate data confirms a historic shift: Miami has overtaken New York City for the highest number of luxury property listings, signaling a broader migration of wealth and redefining the American luxury market landscape.
Western Digital's strategic pivot to become 'WD' and focus on AI infrastructure is delivering massive returns, with quarterly revenue hitting $3 billion and shares soaring on renewed investor confidence.
Capital Southwest (CSWC) reported strong fiscal third-quarter results, driven by recurring portfolio earnings and active deal-making. The BDC highlighted a growing cash cushion, declared supplemental dividends, and unveiled a strategic joint venture to compete in a tighter spread environment.
Business development company Capital Southwest (CSWC) reported quarterly revenue and profit that topped Wall Street forecasts, fueled by robust investment activity and equity gains. The firm also announced a strategic joint venture aimed at capturing larger deals in the competitive lower middle market.
Capital Southwest reported robust third-quarter earnings, driven by strong portfolio performance and strategic capital management. The BDC announced a new joint venture aimed at enhancing competitiveness in the lower middle market amid a declining SOFR environment.
A $202 million offer to purchase the 54-year-old Portofino South condominium has divided residents, pitting financial relief against community ties, as developers eye prime Flagler Drive real estate.
A growing movement, led by AARP, aims to eliminate state taxes on Social Security benefits in the handful of states that still impose them. While promising more disposable income for retirees, analyses suggest the windfalls could disproportionately benefit higher-income households.
In a historic break from its 54-year tradition, Southwest Airlines is introducing assigned seating, premium options, and bag fees. The strategic pivot, mirroring major competitors, is central to an ambitious plan to dramatically boost profitability within two years.
Piper Sandler and Scotiabank have lowered their price targets for HF Sinclair (DINO), citing operational disruptions on the West Coast that are expected to pressure near-term earnings, though longer-term prospects remain intact.
Senior NATO naval commanders, gathered in Paris, warn that Russia continues to prioritize and fund its Northern Fleet's submarine capabilities, forcing a costly and complex Western response in the North Atlantic and Arctic.
Western Alliance Bancorporation (WAL) reported quarterly earnings that surpassed analyst expectations, prompting DA Davidson to reaffirm its Buy rating and nudge its price target higher. The bank's performance was driven by strong revenue growth and improved asset quality.
A monthly budget of $2,500 can mean financial strain in some parts of the U.S. and relative comfort in others. We break down the living realities in the nation's most budget-friendly states, from housing to daily essentials.
A proposed settlement has been reached between creditors of the failed FTX exchange and law firm Fenwick & West, which was accused of designing structures that enabled the platform's massive fraud. The deal, pending court approval, marks a significant development in the sprawling litigation following the crypto giant's collapse.
As millions of European workers await pay adjustments, new data reveals a continent deeply divided on minimum wage levels. While Western nations lead in nominal terms, purchasing power parity tells a more nuanced story of living standards across the EU and candidate countries.
A coalition of 22 state attorneys general is urging Congress to expand an investigation into potential ideological influence on the federal judiciary, citing concerns over a newly updated judicial reference manual they claim promotes a climate activist agenda.
Authorities in the Democratic Republic of Congo report a weekend drone attack on Kisangani's airport, marking a significant westward expansion of the conflict as M23 rebels are accused. No casualties were reported.
The massive CityPlace complex in West Palm Beach is undergoing a strategic repositioning, attracting high-end fashion brands, tech giants like ServiceNow, and culinary destinations like Eataly to redefine the city's downtown core and capitalize on migration trends.
Capital Southwest Corporation (NASDAQ: CSWC) reported strong fourth-quarter revenue growth of 18.2%, surpassing Wall Street expectations. However, the business development company's GAAP earnings per share came in modestly below analyst consensus estimates.
The quiet maneuvering between Carlyle Group, Russia's Lukoil, and the UAE reveals a fundamental shift in global energy finance. As Western sanctions redraw the map, a new playbook is emerging—one where assets are restructured, risks are repackaged, and geopolitical neutrality becomes a tradable commodity.
