- + Don Lemon Releases Heated Elon Musk Interview on X, YouTube—In the debut episode, Musk and Lemon discussed the X owner’s drug use, his thoughts on transgender rights and his plans for Tesla. [Category: PAID]
- + As Electric-Vehicle Shoppers Hesitate, Hybrid Sales Surge—Buyers find more to choose from as automakers expand options for those looking beyond gas-powered cars. [Category: PAID]
- + Fisker to Pause Production for Six Weeks—The electric-car company is pausing production as it continues deal talks and works to keep the business running. [Category: PAID]
- + FedEx and Amazon Discussed Partnership as Competition for Returning Packages Intensifies—The talks didn’t result in a deal but illustrate shifts in the growing business of handling parcels that customers send back [Category: PAID]
- + Logitech Falls on CFO Departure, Weaker Sales Outlook—Logitech shares fell sharply after it said its chief financial officer resigned to pursue another career opportunity and as the computer peripheral ma...
- + American Manufacturers Seek Perfection as Quality Issues Mount—Surging recalls and high-profile problems have cast a harsh light on the quality of American manufacturing. Some companies say technology, training an...
- + Bang & Olufsen Cuts Full-Year Guidance—Bang & Olufsen warned that revenue and earnings for the fiscal year to May 31 would fall short of previous guidance due to a sluggish recovery in ...
- + XPeng's Shares Rise on Cheaper Brand Launch—XPeng’s shares rose in Hong Kong after the Chinese electric-vehicle maker disclosed plans to launch a cheaper mass-market brand amid intensified compe...
- + CATL Shares Rise Sharply on Robust Earnings, Special Dividend—Contemporary Amperex Technology’s shares rose sharply, boosted by a surprise special dividend and robust 2023 earnings. [Category: PAID]
- + Nissan, Honda Shares Rise Sharply After EV Tie-Up Plan—The automakers said Friday after market close that they would study ways to work together on EVs, their core parts and software [Category: PAID]
- + Uber to Pay $178 Million to Settle Lawsuit From Australian Taxi Drivers—Uber has agreed to settle a class-action lawsuit in Australia that claimed the ride-sharing company destroyed the livelihoods of taxi and hire-car dri...
- + ESPN Boss Jimmy Pitaro's Chaotic Race to Remake the Sports Giant—Cable TV’s collapse is forcing the Disney unit out of its comfort zone, from hiring risky talent to a streaming gambit that ticked off the NFL. [Categ...
- + Small Businesses Look to College Students to Help Guard Against Hackers—Universities set up free clinics to assist small organizations with their cybersecurity needs. [Category: PAID]
- + How to Protect Your Child Against Identity Theft—Scammers have all sorts of ways to get information about kids—information they can use to steal their identity. And it may be years before it’s discov...
- + The F-Bomb-Dropping Airline CEO About to Earn a $100 Million-Plus Bonus—Profanity, off-color jokes and drunken dinners are all part of airline boss Michael O’Leary’s lore. [Category: PAID]
- + How Secure Is an Airplane's Wi-Fi?—Generally, pretty safe, security experts say. But it pays to take precautions. [Category: PAID]
- + Behind the Breakup of Elon Musk and Don Lemon—The unexpected split leaves X CEO Linda Yaccarino with another setback. [Category: PAID]
- + Consultants Are Paid to Fix Businesses. Why Can't They Fix Their Own?—Slower promotions, partner layoffs and fewer office snacks as big firms grapple with a slowdown. Recruits wait months to start. “Here I am…doing Uber ...
- + America's Biggest Circus Is Back From the Dead—Ringling Bros. executives traveled the world to revive the Greatest Show on Earth. They found 75 performers from 18 countries—and zero elephants. [Cat...
- + Reddit Says FTC Looking Into Licensing of User Content to Third Parties for AI Models—The social network said it is in the early stages of its data-licensing efforts. [Category: PAID]
- + McDonald's Technology Outage Disrupts Restaurants in U.S., U.K. and Asia—McDonald’s restaurants across the globe grappled with technology problems Friday that left some operators unable to open and close stores, take credit...
- + Hertz Global CEO Scherr to Step Down After EV Reversal—Chief Executive Stephen Scherr would step down on March 31 to be succeeded by Gil West, a former executive at Delta Airlines and General Motors’ Cruis...
- + Boeing Tells Airlines to Check 787 Cockpit Seats After Mishap on Latam Flight—Boeing advised airlines to check the cockpit seats on 787 Dreamliner jets after a seat mishap likely pushed a pilot into the controls, causing a terri...
- + Netflix Is Rethinking Employee Freedom, a Core Tenet of Its Vaunted Culture—The streaming giant is discussing removing the “freedom and responsibility” section of its corporate-culture memo, among other changes. [Category: PAI...
- + Estée Lauder's Slow Progress on China Turnaround a Key Concern for Analysts—Estée Lauder is making slow progress turning around its China business, making what used to be one of its biggest appeals the main source of concern f...
- + Reckitt Benckiser Sheds Nearly $7 Billion in Market Value After Infant-Formula Verdict—The rout came after it was reported that an Illinois jury ordered the company’s Mead Johnson unit to pay $60 million in compensation related to the de...
- + Apple to Pay $490 Million to Settle Lawsuit Over CEO's China Comments—Investors had said Apple concealed falling demand for the iPhone in China in 2018. [Category: PAID]
- + India Tailors Electric-Vehicle Tariff to Lure Tesla—India is slashing import duties on certain electric vehicles for manufacturers who invest at least $500 million to produce their cars in the country. ...
- + Former Apple Executive Tapped as CEO of New Sports-Streaming Venture—Pete Distad will oversee a company that would pool live-sports programming from ESPN, Fox and Warner Bros. Discovery. [Category: PAID]
- + How Much Do You Know About the History of Hacking?—Who is considered the first hacker? When did the first denial-of-service attack occur? Test yourself on these and other questions with this quiz. [Cat...
- + If Companies Are So Focused on Cybersecurity, Why Are Data Breaches Still Rising?—One reason: Ransomware gangs are on the rise, allowing even criminals with minimal computer knowledge to get into the game. [Category: PAID]
- + McDonald's Technology Outage Forces Restaurant Closures—Fast-food locations in Japan and Hong Kong were facing disruptions from reported issues with their computer systems. [Category: PAID]
- + Honda and Nissan Look to Tie Up in EVs—Japanese automakers are trying to catch up to more their cost-competitive rivals in the U.S. and China. [Category: PAID]
- + Honda and Nissan Look to Tie Up in EVs to Compete With China, U.S. Rivals—Japanese automakers are trying to catch up to more their cost-competitive rivals abroad. [Category: PAID]
- + Swisscom to Buy Vodafone's Italy Unit—Swisscom agreed to buy Vodafone’s Italian business for $8.7 billion, a deal that completes the U.K. telecom company’s simplification of its European p...
- + Self-Driving Cars Enter the Next Frontier: Freeways—After expanding on local streets in San Francisco last year, the vehicles are starting to give completely driverless rides on freeways in Phoenix. [Ca...
- + Kazatomprom Backs Output Targets as Profits Surge—Kazatomprom, the world’s largest producer of uranium, booked a jump in annual profits due to high prices and confirmed this year’s production target b...
- + Berkeley Backs 2024 and Longer-Term Views—Berkeley said it expected its fiscal 2024 profit to be in line with the market consensus, citing a robust sales position and solid customer demand. [C...
- + Iveco Upgrades Outlook as Part of New Business Plan—Iveco raised its 2024 revenue and earnings targets after it met several goals early, which were based on conservative assumptions about the economy. [...
- + WuXi AppTec Says It Left Washington Lobbying Group Voluntarily—The trade group has since updated its statement on Thursday, saying that WuXi AppTec “proactively ended its membership in BIO.” [Category: PAID]
- + Biden Opposition to Takeover of U.S. Steel Comes After Months of Lobbying—Nippon Steel’s bid for U.S. Steel fits President Biden’s agenda, but rival Cleveland-Cliffs and union have stirred up opposition. [Category: PAID]
- + Cockpit Mishap Seen as Likely Cause of Plunge on Latam Boeing 787—A flight attendant hit a seat switch that pushed the pilot into controls during a flight to New Zealand, industry officials say. [Category: PAID]
- + SpaceX's Starship Makes Major Progress in Third Flight Test—The rocket is central to Elon Musk’s plans for Mars, but the company must demonstrate it can work for NASA and other customers. [Category: PAID]
- + The Media World's Connector-in-Chief Is in a Hollywood Brawl—Madison Avenue consigliere Michael Kassan and talent agency UTA are accusing each other of fraud. [Category: PAID]
- + SpaceX's Starship Makes Major Progress in Third Test With Extended Space Flight—The rocket is central to Elon Musk’s plans for Mars, but the company must demonstrate it can work for NASA and other customers. [Category: PAID]
- + As Generative AI Takes Off, Researchers Warn of Data Poisoning—By tampering with the data used to train AI models, hackers could spread misinformation and steal data. [Category: PAID]
- + How a $14.1 Billion Takeover of U.S. Steel by a Japanese Rival Put Biden on Edge—Nippon Steel’s bid for U.S. Steel fits President Biden’s agenda, but rival Cleveland-Cliffs and union have stirred up opposition. [Category: PAID]
- + Asia's Renewable-Energy Transition Could Take Longer Than Expected—Despite global moves toward reducing greenhouse-gas emissions, the transition to renewable energy from fossil fuels is likely to take longer in Asia t...
- + Elon Musk's Plans to Conquer Europe Collide With Germany's Culture Wars—Tesla’s first European factory in a sleepy German community has become the target of critics ranging from eco-activists to far-right politicians. [Cat...
- + Rheinmetall Forecasts Record Sales as Geopolitical Tensions Rise—Rheinmetall expects sales to continue growing this year as the Ukraine and Israel-Hamas wars show little sign of abating and governments ramp up spend...
- + Watching Sports Is a Mess. Can a New Streaming Service Fix That?—Sports fans are weighing the merits of a future streaming alliance between Fox, Warner and ESPN. [Category: PAID]
- + Deliveroo Guides For Higher Earnings—Deliveroo guided for further growth in its core earnings and a positive free cash flow this year after its 2023 results were better than expected. [Ca...
- + Rheinmetall Forecasts Another Year of Growth As Geopolitical Tensions Rise—Rheinmetall expects sales to continue growing this year as the Ukraine and Israel-Hamas wars show little sign of abating and governments ramp up spend...
- + Hapag-Lloyd Expects Sharp Earnings Drop—Hapag-Lloyd said it expected earnings to fall sharply this year as the current situation in the Red Sea complicates an already challenging economic an...
- + Hyundai Motor, Kia to Recall 170,000 EVs in South Korea—Hyundai Motor and sibling company Kia will recall around 170,000 electric vehicles in South Korea for faulty software that could cause a power loss wh...
- + Shell to Slow Pace of Carbon-Emission Cuts—Shell said it now targets a 15%-20% reduction by 2030 in the net carbon intensity of the energy products it sell, as CEO Wael Sawan focuses on last ye...
- + China Healthcare Stocks Rally on Hopes for Govt Support—Chinese pharmaceutical stocks rose sharply on hopes for government support, with analysts citing an alleged draft proposal on drug innovation widely c...
- + WuXi Shares Fall as Washington Lobbying Group Cuts Ties—WuXi AppTec and its affiliates are taking another beating after the loss of support from the biotech industry’s top lobbying group in Washington, as t...
- + A Tale of Two Chip Plants: Delayed in U.S., on Time in Japan—The fate of two TSMC factories highlights different approaches in Tokyo and Washington toward high-tech investment. [Category: PAID]
- + A Tale of Two Chip Plants: Delayed in U.S., On Time in Japan—The fate of two TSMC factories highlights different approaches in Tokyo and Washington toward high-tech investment. [Category: PAID]
- + Gerald M. 'Jerry' Levin, TV Executive Behind Time Warner-AOL Merger, Dies—Levin played a large role in the creation of HBO and led the acquisition of media holdings including CNN. [Category: PAID]
- + Owner of Family Dollar to Close 1,000 Stores—Dollar Tree, which operates the Family Dollar chain, said inflation, store theft and merger indigestion are eroding the discount retailer’s results. [...
- + Under Armour's Kevin Plank to Take Back CEO Role—Plank served as CEO of Under Armour from 1996 to 2019, and was named executive chair and brand chief early in 2020. [Category: PAID]
- + EV Startup Fisker Prepares for Possible Bankruptcy—The company has struggled with growing its sales amid stagnant demand for electric vehicles in the U.S. and last month issued a going-concern warning....
- + Altria Group Plans to Sell Part of Anheuser-Busch Stake—Altria Group plans to sell 18%, or over $2 billion worth, of its large stake in Anheuser-Busch InBev in a secondary offering as it looks to return mor...
- + Fossil Group CEO Kosta Kartsotis Steps Down Amid Strategic Review—Operating chief Jeffrey Boyer will assume the role of CEO on an interim basis, the company said. [Category: PAID]
- + Don Lemon Says Elon Musk Canceled His Show on X Hours After Interview—The former CNN host said he would post the interview on X and other platforms next week. [Category: PAID]
- + Keurig Plans Launch of Compostable Coffee Pods—Keurig Dr Pepper will debut plastic- and aluminum-free coffee pods alongside its new coffee-brewer later this year. [Category: PAID]
- + Here's Another Reason a Supplier Should Care if Its Customer Is Hacked—Accountants will charge you higher auditing fees, even if you didn’t suffer any cyberattack. [Category: PAID]
- + Neil Young Will Return to Spotify After Two-Year Boycott Over Joe Rogan—The singer pulled his catalog in 2022 saying the streaming platform was spreading fake information about Covid-19 vaccines through Rogan’s podcast. [C...
- + Petco CEO Steps Down—Ron Coughlin is also stepping down from the board, which has appointed R. Michael Mohan to serve as interim CEO. [Category: PAID]
- + Biggest Gains in Financial Strength in the Management Top 250—Royal Caribbean heads the list, followed by Cheniere Energy and MetLife [Category: PAID]
- + As Boards Focus More on Cybersecurity, Are They Missing One of the Biggest Threats?—The weak link inside organizations might be the very people responsible for making sure companies aren’t vulnerable to attack. [Category: PAID]
- + Dollar Tree to Close About 1,000 Stores—The dollar-store operator’s earnings in the holiday quarter were wiped out by billions of dollars in charges tied to a review of its portfolio of stor...
- + Now Lawyers Are Suffering From China's Deal Slump—The world’s second-largest economy was once a money-spinner for lawyers and bankers. Not anymore. [Category: PAID]
- + Zara Owner Inditex to Boost Investment After Sales Grow—Zara owner Inditex said it planned to boost investments to meet strong demand that stretched into the start of its new fiscal year as the fashion gian...
- + Volkswagen's Audi Division Posts Lower Profits—Volkswagen reported lower operating margin and profit for its Audi brand group but its flagship division increased profitability. [Category: PAID]
- + How the World's Biggest Plane Would Supersize Wind Energy—Radia, a unicorn startup, has an audacious plan to use rocket science to overcome one of the wind power industry’s biggest hurdles with a giant cargo ...
- + Adidas Growth Hurt by High North America Inventories—Adidas said it will propose a flat dividend for 2023 and that growth this year was expected to be geared toward the second half, as growth in the firs...
- + E.ON to Increase Investments in Europe—E.ON said that it would invest €42 billion in the period to 2028 in Europe, with a majority planned for Germany, and added that it anticipated its ear...
- + Cathay Pacific Posts First Annual Profit Since Pandemic—Cathay Pacific Airways posted its first annual profit since 2019, fueled by a rebound in travel demand as China fully reopened its borders. [Category:...
- + Li Auto Shares Rise After Stronger Weekly Sales, Price Cuts—Li Auto shares carried overnight gains in the U.S. over into the Hong Kong session on Wednesday, as investors cheered the Chinese EV maker’s reboundin...
- + BAT Closes In On Indian Conglomerate Stake Sale—Books have closed for British American Tobacco’s share sale in Indian conglomerate ITC that is likely to fetch the U.K.-based company over $2.0 billio...
- + British American Tobacco to Sell Down ITC Stake, Use Funds for Buybacks—Books have closed for British American Tobacco’s share sale in Indian conglomerate ITC that is likely to fetch the U.K.-based company over $2.0 billio...
- + Airlines Are Cutting Flight Schedules as Boeing Delivers Fewer Jets—Southwest and Alaska Air say delays in receiving jets may upend flying plans; United and Southwest will slow their hiring of pilots. [Category: PAID]
- + China Raises Fines on Mintz Due-Diligence Firm—The increased fines come about a year after authorities raided Mintz Group’s Beijing office over allegedly unapproved statistical work. [Category: PAI...
- + Alaska Air Anticipates Better-Than-Expected First Quarter Despite Boeing Grounding—The carrier now expects to top previous first-quarter performance targets despite having to ground planes over January’s in-flight incident. [Category...
- + Alaska Air Anticipates Better-Than-Expected First-Quarter Despite Boeing Grounding—The carrier now expects to top previous first-quarter performance targets despite having to ground planes over January’s in-flight incident. [Category...
- + Tesla, Ford Receive 'Poor' Grades in Study of Driver-Assist Technology—The Insurance Institute for Highway Safety’s ratings of the systems—which automate steering and speed—prod automakers to improve safeguards. [Category...
- + 3M Names New CEO Amid PFAS Battles, Health Spinoff—The transition comes as the company navigates waves of claims related to so-called forever chemicals that have weighed on its stock. [Category: PAID]
- + Boeing's Problems Are Creating Headaches for Its Customers—Southwest and Alaska Air warn that delays in receiving jets could upend financial guidance, and United says it is pausing the hiring of new pilots. [C...
- + Lego Builds Market Share as Ever-Popular Toy Bricks Defy Demand Drop—Lego sales increased last year as the toy-brick maker’s Harry Potter play sets and Fortnite video game boosted its popularity, helping it outperform a...
- + ADM Discloses Justice Department Probe Into Accounting—The company corrected some past financial results while reporting lower quarterly sales and a more-than-40% drop in earnings compared with a year ago....
- + How to Protect Your Smart Home From Hackers—Thermostats. Doorbells. Ovens. Everything is connected to the internet these days—and vulnerable to cyberattacks. [Category: PAID]
- + Apple Makes Further Concessions to App Developers in Europe—Apple will allow iPhone users in Europe to download apps directly from a developer’s website, marking another concession to regulators as the company ...
- + OpenAI Calls Elon Musk 'Incoherent' in Legal Filing—OpenAI hit back at Elon Musk’s lawsuit against it, saying in a legal filing that it never had a founding agreement with the technology billionaire and...
- + 'The Girls on the Bus' Traveled a Long, Winding Road to Its Max Debut—The TV adaptation of a political memoir about covering Hillary Clinton encountered the twists of the fast-changing streaming industry. [Category: PAID...
- + Air New Zealand Pauses Chicago Flights Due to Engine Shortage—Air New Zealand will pause one of the world’s longest nonstop flights for up to six months due to what the carrier said is a shortage of engines for i...
- + Leonardo Forecasts Growing Orders Amid Strong Defense Business—Leonardo said it expected new orders will continue to grow this year through to 2028, led by its core defense electronics and security business at a t...
- + Porsche Warns of Lower Returns This Year—Porsche said it expected profitability to decline to between 15-17% in 2024, citing global economic conditions, after it posted full-year results larg...
- + Generali Beats Expectations, Ups Dividend—Generali raised its dividend after 2023 results beat expectations on continuous earnings growth, but a weaker property&casualty segment dragged it...
- + Xiaomi Set to Launch First Electric Vehicle—Chinese mobile-phone maker Xiaomi will launch its first electric vehicle this month, as EV makers battle for sales in the world’s largest auto market....
- + Alibaba's Media Arm to Invest $640 Million in Hong Kong Entertainment—Alibaba Group’s media and entertainment arm will invest in movies, television dramas and creative events in Hong Kong over the next five years. [Categ...
- + Having Overtaken Tesla, BYD Is Running Into Problems Overseas—The Chinese EV maker is seeing vehicles pile up overseas amid weak demand, quality-control issues and internal tension. [Category: PAID]
- + Alumina Signs Binding Agreement on $2.2 Billion Alcoa Takeover—Alumina said its independent nonexecutive directors and CEO recommend shareholders vote in favor of the proposed takeover. [Category: PAID]
- + Incident on Latam Flight Injures Dozens Aboard Boeing 787 Dreamliner—Roughly 50 people were treated by first responders after the flight from Sydney to Auckland experienced what the airline described as a strong movemen...
- + Standard General Offers to Buy Remaining Stake in Bally's—Casino operator said Standard General proposed to acquire all outstanding shares it doesn’t already own for a price of $15 a share. [Category: PAID]
- + Behind the Alaska Blowout: a Manufacturing Habit Boeing Can't Break—Snafus in production means work gets completed out of sequence. “It creates opportunities for failure.” [Category: PAID]
- + Reddit Seeks Up to $6.4 Billion Valuation as It Readies IPO—The social-media company said it is seeking to raise up to $748 million in its initial public offering, aiming for a valuation of up to $6.4 billion. ...
- + Dozens Injured on Latam Flight After 'Technical Event' With Boeing 787 Dreamliner—Roughly 50 people were treated by first responders after the flight from Sydney to Auckland experienced what the airline described as a strong movemen...
- + Choice Hotels Scraps Roughly $7 Billion Bid For Wyndham After Rebuff—Choice Hotels said it is abandoning its roughly $7 billion takeover bid for rival Wyndham Hotels & Resorts after attempting to drive a deal throug...
- + Why Is My Electric Vehicle Dead? Check the 12-Volt Battery—The relic from gas-engine cars is dying unexpectedly in some newer EVs, causing vehicles to shut down. [Category: PAID]
- + Saudi Aramco Hikes Dividend, Adjusts Spending—Saudi Arabia’s national oil company raised its dividend payouts for last year after it achieved its second-highest ever net profit and said investment...
- + CATL Shares Rise After JV News, Morgan Stanley Upgrade—Contemporary Amperex Technology’s shares surged Monday on multiple drivers, including news of a collaboration with Chinese companies Xiaomi and BAIC M...
- + Dongfeng Motor Shares Slump After Profit Warning—Dongfeng Motor’s shares slumped after the Chinese automaker said it expects to swing to loss for 2023 amid intensifying competition. [Category: PAID]
- + Nintendo Plans New Super Mario Bros. Movie—Nintendo and animation studio Illumination will produce a new animated film based on the videogame franchise, following the blockbuster success of las...
- + What's It Like to Work for a Gen Z Boss? Very Different—If the early managers are any indication, the workplace will be less hierarchical, more informal and more focused on mental health. [Category: PAID]
- + He's a Renewable-Power Billionaire, Not an Environmentalist—Invenergy founder Michael Polsky created the largest U.S. private renewable energy developer from scratch and says politics should get out of energy. ...
- + AI Is Taking On New Work. But Change Will Be Hard---and Expensive.—Many executives are still figuring out how, and how fast, to go with generative AI. [Category: PAID]
- + Surge Pricing Is Coming to More Menus Near You—Restaurants are experimenting with technology that can move prices up and down based on demand and staffing. [Category: PAID]
- + Two Canals, Two Big Problems---One Global Shipping Mess—Drought in Panama and Houthi attacks in the Red Sea are delaying deliveries and pushing up costs. [Category: PAID]
- + Justice Department Opens Probe, Interviews Crew in Alaska Airlines Blowout—The Justice Department has opened a criminal investigation into the Boeing 737 MAX blowout on an Alaska Airlines flight. [Category: PAID]
- + Is the Favorable Era for Workers Coming to an End?—We asked two economists on either side to make their best case. [Category: PAID]
- + LVMH's Arnault Rivals Bezos and Musk in Wealth---and in Media Influence—The French billionaire’s luxury conglomerate is in talks to add Paris Match magazine to its stable of media assets. [Category: PAID]
- + Americans Don't Care as Much About Work. And It Isn't Just Gen Z.—Blame it largely on the pandemic, which weakened the hold the workplace held on people’s psyches. [Category: PAID]
- + Elon Musk Sometimes Seems Trumpy. But Is He for Trump?—The Tesla and SpaceX boss is clear about his thoughts on President Biden but is holding his cards closer on Donald Trump. [Category: PAID]
- + Fidelity Investments Cuts About 700 Jobs This Week—Investment giant had hired aggressively in recent years during the market rally [Category: PAID]
- + 3M Board Approves Healthcare Unit Spinoff—The St. Paul, Minn.-based company said that the spinoff of the unit, which will be called Solventum Corp., would occur on April 1. [Category: PAID]
- + P&G Launches Tide Tiles in Bid to Change How Laundry Is Done—P&G has developed Tide detergent squares that eliminate water and plastic bottles after 10 years in the making. [Category: PAID]
- + Sam Altman's Eye-Scanning Worldcoin Venture Appeals Spanish Ban—Spain’s Data Protection Agency on Wednesday ordered a precautionary measure prohibiting Worldcoin’s activities in the country for up to three months. ...
- + Tire Maker Goodyear to Close Malaysia Plant, Affecting 550 Jobs—The Akron, Ohio-based tire maker said the move is part of its plan aimed at delivering annualized cost reductions of $1 billion by 2025. [Category: PA...
- + Eli Lilly Alzheimer's Drug Delayed as FDA Plans Advisory Panel Meeting—The timing of the agency’s expected action on the donanemab drug would be postponed beyond the first quarter, the company said. [Category: PAID]
- + Prada Soars After Jump in Sales, Profit—Prada gained about $2.7 billion in market value after annual profit and sales surged past analysts’ expectations, outperforming other European luxury-...
- + BP Claws Back $2.3 Million From Ex-CEO—BP clawed back a further $2.3 million from ex-boss Bernard Looney’s remuneration package following his dismissal in December. [Category: PAID]
- + The New Job Hot-Spots: Phoenix, Orlando and Albuquerque—Job growth in the Sunbelt vaults ahead while San Francisco and other powerhouse metros slow. [Category: PAID]
- + HelloFresh Drops Midterm Targets—HelloFresh shares fell more than 40% after the company dropped its midterm targets as it expects earnings to fall this year due to expansion in its pr...
- + China's Vehicle Sales Fall Amid Price War, Long Holiday—China’s vehicle sales fell sharply in February, dragged by weaker demand during the Lunar New Year holiday and an intensifying price war. [Category: P...
- + What Gen Z Will Lose if They Don't Have Friendships at Work—As more young people work remotely, they aren’t forming close relationships with colleagues. That will have a profound impact on their social—and work...
- + Boeing to Tie More of Employees' Incentive Pay to Safety—The jet maker is overhauling how it pays employee bonuses to emphasize quality and safety over meeting financial targets. [Category: PAID]
- + Rivian Unveils Two Lower-Priced EVs as It Seeks to Jump-Start Sales—The startup is betting that customers will line up to buy a more affordable version of its EV vehicles. [Category: PAID]
- + Power Lines Sparked Largest Wildfire in Texas History—Xcel Energy said it believes its own facilities have been involved in starting massive wildfires still raging in Texas. [Category: PAID]
- + Chemours Executives Improperly Shifted Deals to Boost Pay, Probe Finds—An investigation has found that the Teflon maker’s top executives shifted cash flows at year-end to hit targets that determined their annual stock and...
- + ProSiebenSat.1 Chief Sees Streaming Consolidation Looming in Europe—The German media company is looking to bulk up its streaming service Joyn, of which it took full ownership in 2022 after buying Warner Bros. Discovery...
- + Novo Nordisk Surges After Early Trial Shows Promise of New Obesity Drug—Shares hit a record after the Danish pharmaceutical giant said the drug could be more effective than blockbuster Wegovy. [Category: PAID]
- + U.S. Seeks to Collect on Up to $20 Billion in Delinquent Covid Loans—Time is running out for small businesses and nonprofits that took out roughly one million government loans during the pandemic. [Category: PAID]
- + Rentokil Sees Better Terminix Synergies—Rentokil raised its synergies expectations from the Terminix acquisition and laid out new plans for North America, aiming to achieve full-year revenue...
- + Aviva Upgrades Targets After Profit Beat—Aviva lifted its operating profit target to around £2 billion by 2026 as it reported better-than-expected full-year results. [Category: PAID]
- + Continental Faces Costs Hike as Profit Misses Views—Continental posted full-year profits below consensus and warned that wage costs would rise to around €500 million in 2024 and weigh heavily on earning...
- + Hugo Boss 2024 Guidance Below Forecasts, Warns on Sales Outlook—Hugo Boss gave earnings projections for this year that are below analysts’ current forecasts and warned that it might not meet its 2025 sales guidance...
- + Telecom Italia Outlines Targets Through 2026—Telecom Italia said it aimed to deliver earnings growth of 8% over the next three years as well as reduction in debt, helped by the planned sale of it...
- + Lufthansa Restores Dividend as Profits Jump—Lufthansa is planning its first dividend payout since the pandemic, despite reporting revenue and profits below forecasts for the fourth quarter and e...
- + Japan Auto Stocks Fall Sharply as Yen Rebounds to One-Month High—Japanese auto stocks fell sharply as the yen rebounded to a one-month high due to growing expectations that the Bank of Japan could shift away from it...
- + Temu's Push Into America Pays Off Big Time for Meta and Google—The e-commerce discounter founded in China was the top advertiser by revenue at Meta Platforms last year, and was among the five top-spending advertis...
- + Exxon Files for Arbitration Over Chevron's Deal for Hess—Dispute involving a stake in an oil project in Guyana intensifies, threatening to scuttle Chevron’s $53 billion deal to buy Hess. [Category: PAID]
- + AstraZeneca Announed Further GBP200 Million Investment Announced to Expand Presence in Cambridge—The government also said AstraZeneca and the U.K. Health Security Agency plan to partner “to advance science for developing and evaluating vaccines.” ...
- + Top Companies for Employee Engagement and Development—Intuit and Nvidia head this list from the Management Top 250, followed by Adobe [Category: PAID]
- + Flexible Hours Come to the Factory: A Look Inside Land O'Lakes' Plant—Manufacturers are trying to attract and keep workers. We go to the floor of the dairy plant in Minnesota to see how it works. [Category: PAID]
- + Legal & General Falls on Profit Miss—Legal & General was the biggest faller on the FTSE 100 after it posted full-year operating results below consensus, but said it was on track to me...
- + Dassault Aviation Posts Profit Miss But Sees Higher Sales—Dassault Aviation reported below-forecast results for 2023 but said it expected higher sales this year on increased jet deliveries, despite supply-cha...
- + Tullow Oil Profit Plunges—Tullow Oil reported a 78% fall in profit for 2023, hit by impairments and write-offs totaling $435 million, but backed its output guidance for the yea...
- + BYD Cuts Starting Price of Cheapest Electric Car Amid Fierce Competition—BYD unveiled an updated version of its cheapest electric car model, Seagull, and further slashed its starting price, deepening a price war amid rising...
- + The Blacklisted Component That's Disrupting the Luxury-Car Market—A transformer from a Chinese supplier recently banned over links to forced labor is delaying imports of Porsche and other cars into the U.S. [Category...
- + Target Aims for Turnaround After First Sales Decline Since 2016—Shares rebound after the retailer says it is working to boost shopper traffic and profit in 2024. [Category: PAID]
- + ThredUp Looks to Match Europe, U.S. Operations—The online thrift store has decided to move away from purchasing inventory and instead grow its consignment revenue in Europe, Chief Executive James R...
- + Tesla Halts Production in Germany After Arson Attack—Police said they believe opponents of the factory’s planned expansion set a high-voltage pylon ablaze overnight, knocking down power across the region...
- + Target Sales Fall for First Time Since 2016—Shares rebound after the retailer says it is working to boost shopper traffic and profit in 2024. [Category: PAID]
- + Jeff Bezos Surpasses Elon Musk as World's Richest Person—The Amazon founder has reclaimed the title for the first time since the fall of 2021. [Category: PAID]
- + Apple's iPhone Sales in China Fall as Huawei Gains Market Share—Apple’s smartphone sales in China fell, hurt by strong competition and pricing pressures, new data showed. [Category: PAID]
- + China Sales of Tesla, Other EV Makers Hit the Skids in February—Shipments by Tesla and other electric vehicle makers tumbled in China, hurt by weaker demand during the Lunar New Year holiday and rising competition....
- + Novo Nordisk Says Ozempic Drug Cuts Risk of Kidney Problems—Novo Nordisk’s blockbuster weight-loss drug cuts the risk of kidney disease-related events in diabetic patients by 24%, according to a new clinical tr...
- + Book Startup Pitches Authors a Novel Deal: $0 Up Front, Bigger Profits—The approach contrasts traditional publishers, which pay author advances and don’t offer the opportunity to own a stake in the business. [Category: PA...
- + Schaeffler Profit Miss Knocks Shares—Schaeffler shares traded lower after the company posted earnings for 2023 that fell short of expectations. [Category: PAID]
- + Sandoz Stock Hit by CFO Departure—Sandoz shares fell after the company said its finance chief would retire at the end of June, news that came as a surprise to some analysts. [Category:...
- + Seoul Semiconductor Files Suit Against Amazon With European Court—The South Korean light-emitting diode manufacturer has filed a patent lawsuit against online retail giant Amazon.com with the newly created European U...
- + Traton Sees Stable Margins as Profits Surge—Traton reported above-forecast earnings in 2023 but guided for flat margin growth this year, in what it described as a difficult environment for the i...
- + Thales Profits Top Hopes on Record Orders—Thales posted better-than-expected earnings in 2023 and forecast strong sales growth this year, after increased military spending boosted its order bo...
- + FAA Audit Finds Boeing Quality Control Failed in Alaska Air Incident—The FAA said that in order to hold Boeing accountable, it has halted production expansion of the company’s 737 MAX planes and will continue its on-sit...
- + Why Musicians Are Doubling Down on an Unlikely Venue to Reach New Listeners—Musicians are releasing new songs in videogames, in some cases before anywhere else. [Category: PAID]
- + JetBlue and Spirit Airlines Call Off Merger Deal—The move came weeks after a judge ruled that the $3.8 billion deal would reduce competition and harm cost-conscious fliers. [Category: PAID]
- + JetBlue Airways and Spirit Airlines Call Off Merger Deal—The move came weeks after a judge ruled that the $3.8 billion deal would reduce competition and harm cost-conscious fliers. [Category: PAID]
- + Vista Outdoor Rejects $2.9 Billion Takeover Offer From MNC Capital—Vista Outdoor has rejected MNC Capital Partners’ $2.9 billion buyout offer, saying the proposal undervalues the maker of the ammunition and outdoors e...
- + Hipgnosis Slumps After Slashed Valuation—Hipgnosis shares fell to fresh lows after it said it wouldn’t restart paying dividends for now after an independent report estimated the value of the ...
- + Railroad Workers Were Ready to Strike. Now They're Fighting to Save Their CEO.—An activist investor seeks to oust Norfolk Southern’s top leaders, but labor groups are rallying amid concerns about potential cost cuts. [Category: P...
- + Evonik to Cut 6% of Workforce—Evonik said it would cut up to 2,000 jobs by 2026, expecting cost reductions of around €400 million, after its fourth-quarter underlying earnings came...
- + Henkel Warns of Weaker Sales Growth—Henkel forecast organic sales growth of 2%-4% this year, below 2023’s figure, with prices for materials expected to remain flat, while the translation...
- + Wuxi Companies' Shares Rise on Receding Worries About Potential U.S. Sanctions—Shares of the Wuxi family of biotech and research companies listed both in Shanghai and Hong Kong rose sharply on receding worries about potential U.S...
- + Li Auto Shares Fall After Recent Run-Up, MEGA Miss—Analysts attributed the selloff to profit-taking after big gains last week and some consumer disappointment with the Chinese electric-vehicle maker’s ...
- + How China Is Churning Out EVs Faster Than Everyone Else—Riding China’s EV boom, upstart automakers have eclipsed foreign rivals to develop cars faster, push the boundaries of smart tech and swamp consumers ...
- + The Skyrocketing Costs Driving Cheeseburger Prices Up---and Restaurant Owners Out—Escalating payroll costs and diners’ dwindling tolerance for higher checks are putting independent restaurants in a squeeze. [Category: PAID]
- + Red Sea Conflict Threatens Key Internet Cables—Maritime attacks are complicating repairs on underwater cables that carry the world’s web traffic. [Category: PAID]
- + 'Dune' Sequel Leads U.S. Box Office to Best Weekend of the Year—The decision to delay the epic sci-fi movie’s release because of the actors’ strike helps drive $81.5 million in domestic ticket sales. [Category: PAI...
- + Even With Incentives, Asian Companies Find It's Hard to Build in the U.S.—Panasonic EV battery plant burns through budget as Biden pushes for more made-in-America high-tech goods. [Category: PAID]
- + Elon Musk vs. Everyone: The New Fight in AI—The billionaire is taking aim at Microsoft, Google and OpenAI’s Sam Altman—as he looks to build his nascent xAI. [Category: PAID]
- + Lawyers Who Got Musk Pay Struck Down Seek $5.6 Billion in Tesla Stock—The plaintiff’s lawyers requested a record-breaking payday in the bombshell case. [Category: PAID]
- + Macy's Stores Aren't Fun Places to Shop. Its New CEO Wants to Fix That—Tony Spring aims to turn around the flagging retail chain. He understands ‘retailing is theater.’ [Category: PAID]
- + The Friendship With Warren Buffett That Led to Her $1 Billion Donation—‘I’ve never seen anybody behave better with a billion dollars.’ How a 93-year-old woman made a Bronx medical school tuition-free using Berkshire Hatha...
- + Canada Toughens Foreign Takeover Rules in Video-Game Sector—Canada said it would toughen foreign-investment rules as they apply to the domestic video-game industry, with a focus on potential national-security r...
As of 3/18/24 11:25pm. Last new 3/18/24 11:27am. Score: 92
- Next feed in category: PR Newswire - Financial Services