BUSINESS

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Caesars' Loss in First Quarter
Shares of Caesars Entertainment were down about 3% in extending trading. Despite a surge in visitors in Las Vegas due to the Super Bowl, Caesars reported a fall in non-gaming segments such as dining and retail.
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Read more at Yahoo Finance
Rhode Island's Economic Outlook
Real-time survey uncovers that over 80% believe the U.S. economy will be about the same, or in better shape a year from now. Approximately 300 people gathered at the Crowne Plaza in Warwick, Rhode Island for the 21st Economic Outlook Breakfast. The panel focused on how businesses can reduce supply chain disruptions and increase sustainable business practices overall.
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Read more at Yahoo Finance
Putting Lines on Paper in the Hands of Seniors
Cynthia Perkins is the Founder and CEO of Lines on Paper Incorporated. In a small office in Savannah, Perkins handmakes journals. "Take it off, put it here and just close it up," Perkins said. It’s graduation season which she says is a time of transition for high school seniors.
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Read more at WTOC
Amazon Reports First-Quarter Earnings
Investors will be looking for updates on the company's cloud-computing business, as well as plans for AI. Investors to be watching for updates. Amazon stock was down 19% year-to-date through Monday's close.
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Read more at Business Insider
First Business Bank Announces Share Repurchase Program
First Business Financial Services, Inc. (Nasdaq: FBIZ) has approved a $5.0 million share repurchase program. This program authorizes the rebuy of shares of the Company’s common stock as part of its ongoing capital management strategy. The Company believes it is sound capital management to have such a program in place. It anticipates that it will enter into a Rule 10b5-1 trading plan.
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Read more at Yahoo Finance
Evergreen Park, Illinois - Marijuana Company Provides More Details
The 1937 Group expressed interest in an ordinance change and a special-use permit. With one brick and mortar shop open in Illinois, the group sees the south suburbs and Evergreen Park as a promising market. The company’s plan is to open in four to five months, with about 10 employees per shift. Residents and village trustees expressed frustration over the pitch’s incorrect figures.
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Read more at Chicago Tribune
Amazon Q Business is Now Available for Business Applications
Amazon Web Services (AWS) said its generative AI-based assistant for business applications — Amazon Q Business — is now generally available. It can be used to have conversations, solve problems, generate content, gain insights, and take action by connecting to a company’s information repositories, data, and enterprise systems, AWS said. To use Q as an assistant, enterprises first need to configure the assistant by connecting it to existing data sources.
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Read more at Computerworld
Zimbabwe's Demand for Industrial Space Continues to Grow
The country’s import bill remains high, driving demand for warehousing space. The country imported US$9,2 billion worth of goods in 2023. Zimbabwe has made progress in localising some of its value chains.
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Read more at The Zimbabwe Mail
Greenlight Networks Expands to Business Customers
Greenlight Networks is the leading fiber-to-the-home provider in New York State. In addition to its residential and multi-dwelling unit customers, the company is now expanding its portfolio to extend its affordable multi-gig fiber services to business customers with 20 employees or fewer. Greenlight will provide these SMB customers with increased network capacity, dramatically reduced pricing and enhanced customer support from a dedicated business concierge team.
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Read more at PR Newswire
The New Dean of the University of Miami Patti and Allan Herbert Business School
Paul A. Pavlou is the new dean of the University of Miami Patti and Allan Herbert Business School. He is an avid advocate for interdisciplinary collaboration. His research has been cited over 90,000 times by Google Scholar.
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Read more at University of Miami: News@theU