News
Boeing Reports $3.3 Billion Loss Dragged by Defense Business
Boeing reported a $3.3 billion quarterly loss Wednesday after its defense business plunged $2.8 billion. The U.S. plane maker however...
Top 12 Employers Laid off More Than 100,000 During the Pandemic
Walmart and Disney are among the top 12 employers that laid collectively more than 100,000 workers during the Covid pandemic,...
GM Posts $3.3 Billion Net Profit, Holds Full-Year Guidance
General Motors posted a $3.3 billion net profit in the third quarter, beating Wall Street’s expectations, as the Detroit automaker...
Adidas Cuts Ties with Rapper Kanye West
Adidas on Tuesday ended its partnership with Ye, also known as Kanye West, after the rapper’s “hateful and dangerous” comments....
Tesla Cuts Prices in China as Competition Heats Up
Tesla has lowered prices by up to 9% for vehicles sold in China, as the EV maker is facing growing...
Beyond Meat is Rolling Out a Steak Substitute in Walmart, Kroger Stores
Beyond Meat is launching a steak substitute at more than 5,000 Kroger and Walmart stores, among other retailers and local...
Rishi Sunak to Become UK’s Next Prime Minister
Rishi Sunak will be named the U.K.’s new prime minister following a fast-track Conservative Party leadership race. Sunak won the...
Verizon’s Profit Falls 23% as Price Increases Slow Growth
Verizon’s profit fell 23% as the telecom giant is facing fewer than expected wireless subscribers in the third quarter and...
Famous Entrepreneurs: Elon Musk Says Recession Could Last Until the Spring of 2024
Famous entrepreneurs’ stories: Tesla founder and CEO Elon Musk said in a tweet he thinks recession could continue until spring...
Snap Stock Plunges 26% as Sales Growth Slows
Snap shares sank nearly 26% in premarket trading on Friday, after the company's forecast of zero revenue growth. Tech giants...
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