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Dec 31 2024BUSINESS

Houses Stay Longer on Market in Late 2024

As we wrap up 2024, the housing market has seen a growth in supply, but there's a catch. Many homes have been on the market for quite a while without finding buyers, a trend not seen since 2019. In November 2024, active listings were up by 12. 1% compared to the same month in 2023, hitting the highe

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Dec 31 2024BUSINESS

Gilat's In-Flight Connectivity Orders Hit $18 Million

Gilat, a company known for its satellite networking technology, has just bagged a significant deal worth over $18 million. This order is for their SkyEdge platforms, along with related services and Solid State Power Amplifiers. All of this is set to be delivered within the next year. Gilat’s design

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Dec 31 2024BUSINESS

PAX Global Tech Faces Big Profit Drop

PAX Global Technology, listed as HK:0327, has some bad news for its investors. The company expects its profits to take a big hit, likely dropping by 30% to 40% by the end of 2024 compared to the previous year. This news comes as a shock because of several factors. First, the global economy is creat

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Dec 31 2024BUSINESS

Investment Firm Eyes Sale for Vivid Seats

Raymond James has given Vivid Seats (SEAT) an "Outperform" rating with a $5 price target. This comes after Bloomberg reported that the company might be up for sale. Vivid Seats has received interest from private equity firms, not strategic buyers. This situation is similar to Integral Ad Science's (

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Dec 31 2024BUSINESS

Honey Extension: A Closer Look

Honey, a popular browser extension, helps you find discounts while shopping online and offers reward points for purchases. But a recent YouTube video raised concerns about how Honey operates. The video, created by Jono from MegaLag, suggests that Honey might not always provide the best deals, and it

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Dec 31 2024BUSINESS

Colorado Businesses Face New Reporting Rule

A new law called the Corporate Transparency Act might soon require many businesses in southern Colorado to file a special report. This report is known as the Beneficial Ownership Information report (BOIR). Surprisingly, some business owners in Pueblo's Union Ave area didn't know about this report. I

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Dec 31 2024BUSINESS

Flying High: The Cessna Citation Latitude's Price and Performance

Ever dreamed of owning a private jet? The Cessna Citation Latitude is a top choice for business and leisure travel. This super-midsize jet, crafted by Textron Aviation, offers a luxurious and versatile flying experience. But how much does it cost? Let's break down the numbers. For a brand new Cessn

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Dec 31 2024BUSINESS

New York Mourns Loss of Versatile Leader Richard Parsons

Last week, New York bid farewell to Richard Parsons, a man known as one of the city's "wise men. " At 76, Parsons, born and raised in Brooklyn, was a multifaceted figure who touched various aspects of society. From basketball star at the University of Hawaii to law degree holder from Albany Law Scho

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Dec 31 2024BUSINESS

Jimmy Choo's Mission: Empowering Young Fashion Designers

Jimmy Choo, the renowned shoe designer, has lived a fascinating journey from crafting shoes by hand in Malaysia to dressing celebrities worldwide. Now, he's passing on his expertise through the JCA London Fashion Academy, an online platform where students and graduates can sell their designs. Choo a

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Dec 31 2024BUSINESS

Airline Groups Ask Trump to Fix FAA Funding Issues

A group of 30 aviation organizations has sent a letter to President-Elect Donald Trump. They want him to change how the Federal Aviation Administration (FAA) gets its money. The FAA needs funds to upgrade and modernize its equipment and air traffic control systems. The groups are worried that past f

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