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- FBN's Charles Payne, A&G Capital CIO Hilary Kramer, NewOak Capital President James Frischling and Penn Financial Group founder Matt McCall on the outlook for Maxim Integrated Products.
The largest U.S.-based banks are strong enough to keep lending during a severe recession, the Federal Reserve said Thursday, a sign many banks will soon get permission to return profits to investors by raising dividends or buying back shares.
Worker productivity was even weaker than first thought from October through December, and labor costs rose at a faster rate. Productivity declined at an annual rate of 2.2 percent in the fourth quarter, weaker than the 1.8 percent drop that was estimated a month ago, the Labor Department said Thursday. Labor costs rose at a 4.1 percent rate, faster than the 2.7 percent increase first estimated.
The maker of the Snuggie has tricked thousands of customers, according to the Federal Trade Commission and the New York Attorney General. The accusations have nothing to do with the design of the Snuggie, which combines the grace of a T-shirt with the warmth of a blanket and is clearly flawless in both conception and execution.
Almost one in three American homes now has a pod-based coffee machine, even though Sylvan never imagined they would be used outside of offices. Last year K-Cups accounted for most of Keurig Green Mountain’s $4.7 billion in revenue—more than five times what the company made five years prior.