- + Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up—Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.
- + Boeing reports better-than-feared quarter, says supply chain is stabilizing amid 737 Max crisis—Boeing has been mired in a safety crisis since a door plug blew off a 737 Max 9 in early January.
- + Foot Locker debuts 'store of the future' as it looks to win back Wall Street's confidence—Foot Locker unveiled its "store of the future" concept that will inspire the revamping of 900 stores the sneaker retailer is planning over the next tw...
- + Starbucks resumes bargaining with union after two sides thaw relationship—In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.
- + More than 3 million Medicare patients could be eligible for coverage of Wegovy to reduce heart disease risks, study says—For the first time, some Medicare beneficiaries will be able to access Novo Nordisk's Wegovy without having to shoulder the total monthly price tag.
- + Boeing reports quarterly results before the bell. Here's what Wall Street expects—Boeing has been mired in a safety crisis since a door plug blew off a 737 Max 9 in early January.
- + JetBlue shares tumble nearly 19% after airline lowers 2024 revenue outlook—JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.
- + E.W. Scripps exploring sale of Black-culture broadcast network Bounce TV—E.W. Scripps has received inbound interest in its Black-culture network Bounce TV, CEO Adam Symson said in an exclusive CNBC interview.
- + JetBlue shares tumble 15% after airline lowers 2024 revenue outlook—JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.
- + JetBlue shares tumble 14% after airline lowers 2024 revenue outlook—JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.
- + PepsiCo earnings beat estimates but product recalls, weaker lower-income consumer hurt U.S. sales—PepsiCo's volume and sales growth were better in most international markets than in its North America markets.
- + JetBlue shares tumble 13% after airline lowers 2024 revenue outlook—JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.
- + General Motors raises 2024 guidance after big first-quarter earnings beat—GM's North American operations, driven by truck sales, were largely responsible for the company's first-quarter beat and guidance raise, the automaker...
- + Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending—One's expanding role at Walmart raises the possibility that the company could force Affirm and others out of some of the most coveted partnerships in ...
- + General Motors is set to report earnings before the bell. Here's what Wall Street expects—Wall Street expects GM to report solid results for the first quarter, with vehicle pricing remaining higher than anticipated.
- + FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings—The FTC argued the combination of Tapesty and Capri would hurt consumers and workers.
- + Boeing expects slower production increase of 787 Dreamliner because of parts shortages—Boeing reports quarterly results before the market opens on Wednesday.
- + What investors should know about the UAW's organizing drive of VW—The historic vote could have wide-ranging impacts on other automakers, organized labor and the overall U.S. automotive industry.
- + Luxury real estate prices just hit an all-time record —Luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin.
- + Meet the private doctor to the wealthy — at $40,000 a year—The rise of family office-style medical practices reflects the surge in wealth and growing demand for hyper-personalized, data-driven health care.
- + Disney technology executive Aaron LaBerge to leave company for personal reasons—Disney Entertainment CTO Aaron LaBerge is leaving the company for personal reasons, according to a company memo. A search for his replacement is under...
- + Delta Air Lines gives staff another 5% raise, hikes starting wages to $19 an hour—Delta is the country's most profitable airline and has repeatedly lifted staff pay.
- + Ex-JetBlue CEO Robin Hayes to run Airbus North America —The recently departed CEO will be managing relationships with customers in North America, including his former airline and Spirit.
- + Express files for bankruptcy, plans to close nearly 100 stores as investor group looks to save the brand —Longtime mall retailer Express filed for bankruptcy and plans to close nearly 100 stores as an investor group looks to save it from extinction.
- + Cricket, a big business in India, brings star power to the U.S. with the country's first world cup—A cricket world cup is arriving in the U.S. for the first time as the country explores its future with the sport.
- + Most people on weight loss drugs are spending less on restaurants and takeout, survey says—The findings add to concerns that GLP-1s could take a bite out of the bottom lines of some of the biggest restaurant companies and packaged food maker...
- + VW workers in Tennessee vote to join UAW in historic win for Detroit union—Volkswagen workers in Tennessee have voted in favor of the United Auto Workers — marking the union's first successful organizing drive of a foreign au...
- + Lululemon to shutter Washington distribution center, lay off 128 employees after tripling warehouse footprint—Lululemon is shutting down its Washington distribution center and laying off 128 employees after it opened a massive new warehouse outside of Los Ange...
- + Drone startup Zipline hits 1 million deliveries, looks to restaurants as it continues to grow—The company said its zero-emission drones have now flown more than 70 million autonomous commercial miles across four continents.
- + FAA will require more rest time for air traffic controllers amid fatigue concerns—Staffing shortfalls have led to forced overtime and tightly packed air traffic controller schedules
- + Procter & Gamble sales disappoint as price hikes slow down—The Tide owner's quarterly volume was flat for the second consecutive quarter.
- + Netflix forces Wall Street to focus on profit and revenue with decision to stop reporting subscriber numbers in 2025—Netflix will no longer report its quarterly subscriber additions, a sign that the benefits of its password-sharing crackdown may be ending.
- + Nordstrom family tries again to take department store private, forms special committee —The Nordstrom family is once again considering taking the department store private and has formed a special committee to evaluate bids.
- + Mortgage rates are now at the highest level of the year, and could still climb—The average rate on the popular 30-year fixed mortgage sits around 7.5%, the highest level since mid-November of last year, according to Mortgage News...
- + Netflix blows past earnings estimates as subscribers jump 16%—Netflix said its subscribers grew 16% to 269.6 million, but said it would no longer regularly report the metric starting next year.
- + Mortgage rates are now at the highest level of the year, and could go even higher—The average rate on the popular 30-year fixed mortgage sits around 7.5%, the highest level since mid-November of last year, according to Mortgage News...
- + NBA's exclusive TV rights negotiating window with ESPN, Warner expected to pass without a deal—The NBA's exclusive window with incumbent media partners Disney and Warner Bros. Discovery will expire April 22 without a signed deal, according to so...
- + Alaska Airlines 2024 forecast tops estimates after loss from Boeing Max grounding—Alaska Airlines said Boeing paid it $162 million so far in compensation for the 737 Max grounding.
- + March homes sales dropped despite a surge in supply. Here's why.—The median price of an existing home sold in March was $393,500, up 4.8% from the year before.
- + Netflix is set to report earnings – here's what Wall Street expects—Netflix's main focus recently has been on juicing profits, not necessarily growing its subscriber count.
- + U.S. tech CEOs give India PM Modi boost ahead of election—India's Narendra Modi has been courting U.S. tech company leaders like Elon Musk and Tim Cook ahead of the country's national elections.
- + Billionaire Kam Ghaffarian sets his sights on the stars with a range of space companies—Ghaffarian has been instrumental in ushering in the new space economy, with leadership roles at Intuitive Machines, Axiom Space, Quantum Space and X-E...
- + Airline executives predict a record summer and even more demand for first class—Delta and United executives have forecast record demand this spring and summer with even more travelers booking in higher classes.
- + United Airlines jumps 17% on strong earnings forecast, cuts 2024 fleet plan on Boeing delays—United expects to receive fewer aircraft this year and is planning to add leased Airbus A321neos.
- + Boeing faces scrutiny in Senate hearings over aircraft safety and quality—A Boeing whistleblower testified in a hearing Wednesday about safety concerns related to two of the company's aircraft.
- + Vince McMahon is taking vacations and in touch with Trump as WWE tries to move on from scandal-plagued ex-CEO—McMahon resigned as executive chairman of the WWE earlier this year after a former employee, Janel Grant, accused him of sexual abuse and trafficking.
- + United Airlines jumps more than 13% on strong earnings forecast, cuts 2024 fleet plan on Boeing delays—United expects to receive fewer aircraft this year and is planning to add leased Airbus A321neos.
- + Comcast launches prepaid and month-to-month internet and phone plans—Comcast announced Wednesday it is launching NOW, a new prepaid and month-to-month streaming and phone plan aimed at lower-income customers.
- + Most doses of Eli Lilly's Zepbound, Mounjaro in short supply through June, FDA says —The insatiable demand for weight loss and diabetes drugs is still trouncing supply, even as Eli Lilly and Novo Nordisk work to increase production cap...
- + United Airlines jumps more than 10% on strong earnings forecast, cuts 2024 fleet plan on Boeing delays—United expects to receive fewer aircraft this year and is planning to add leased Airbus A321neos.
- + Eli Lilly’s weight loss drug Zepbound shows promise as a sleep apnea treatment in late-stage trials—The pharmaceutical giant plans to present the trial data at an upcoming medical conference and submit them to the U.S. Food and Drug Administration mi...
- + Superyacht sales plunge as wait times rise, Russian oligarchs drop out of the market—Sales of superyachts took a dive in 2023, as long waiting lists, soaring costs and Russian oligarch sanctions hit demand.
- + United Airlines slashes 2024 aircraft delivery plan as Boeing crisis leads to delays—United expects to receive fewer aircraft this year and is planning to add leased Airbus A321neos.
- + Planet Fitness shares fall as company announces new CEO—Planet Fitness has appointed a new CEO effective June 10 after a monthslong search for new leadership.
- + Planet Fitness shares fall as company announces new CEO, though analysts see upside—Planet Fitness has appointed a new CEO effective June 10 after a monthslong search for new leadership.
- + Republican governors from six states condemn UAW campaigns, citing potential for layoffs—The joint statement was signed by governors in Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas.
- + South Carolina coach Dawn Staley says women's basketball will get 'better and better'—South Carolina coach Dawn Staley said women's basketball will only get bigger after her team's undefeated season and Caitlin Clark's record-breaking r...
- + TGI Fridays to go public through merger with its U.K. franchisee—The new company will be publicly traded on the London Stock Exchange under the ticker "TGIF."
- + Morgan Stanley tops expectations on wealth management, trading and investment banking results—How did Morgan Stanley CEO Ted Pick do in his first quarter leading the company?
- + Volkswagen union vote in Tennessee to test UAW's power after victories in Detroit—Union voting for more than 4,000 eligible VW workers will begin Wednesday and end at 8 p.m. EDT on Friday.
- + Bank of America tops estimates on better-than-expected interest income, investment banking—Bank of America on Tuesday reported first-quarter earnings that topped analysts' estimates for profit and revenue.
- + Morgan Stanley is about to report first-quarter earnings—How did Morgan Stanley CEO Ted Pick do in his first quarter leading the company?
- + Johnson & Johnson tops quarterly profit estimates as medical device sales jump—The company is benefiting from a rebound in demand for nonurgent surgeries among older adults, who deferred those procedures during the Covid pandemic...
- + Bank of America is set to report first-quarter earnings — here’s what Wall Street expects—Will Bank of America follow rivals in posting better-than-expected Wall Street revenue?
- + Boeing defends 787 Dreamliner safety after whistleblower alleged structural flaws—A whistleblower alleged that Boeing's 787 and 777 models have structural flaws
- + Peloton quietly drops unlimited free app membership because it failed to bring in paid subscribers—Peloton debuted an unlimited free membership option for its app last year in a bid to win over new customers, but the company quietly ended the initia...
- + UnitedHealth's first-quarter report will offer a window into Change cyberattack costs—The financial impact of the Change Healthcare cyberattack is expected to weigh on UnitedHealth Group's first-quarter results.
- + Goldman Sachs tops first-quarter estimates fueled by trading, investment banking—Goldman Sachs CEO David Solomon has taken his lumps in the past year, but a turnaround appears to be underway, fueled by a rebound in Wall Street acti...
- + World's busiest airports show surge in international travel. Here are the rankings—Airports from Tokyo to London logged big increases in travelers in 2024.
- + State tax officials are using AI to go after wealthy payers —New York state is sending out AI-generated letters looking for tax revenue, many of them focused on remote work or a change in tax residency.
- + Goldman Sachs reports earnings before market open — here's what the Street expects—Goldman Sachs CEO David Solomon has taken his lumps in the past year, but hope is building for a turnaround.
As of 4/24/24 11:13am. Last new 4/24/24 10:26am. Score: 375
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