Trump promises ‘massive tax cuts’ and an end to inflation in convention speech
Republican presidential nominee Donald Trump speaks on the final night of his party’s convention in Milwaukee.
With media in upheaval, Netflix stays out of the fray
A couple sits in front of a television with the Netflix logo on it. Picture Alliance | Picture Alliance | Getty Images Netflix’s second-quarter earnings report contained no bombshells, and that’s just fine for the company and its investors. In recent weeks, Paramount Global has agreed to merge with Skydance Media. Warner Bros. Discovery is […]
Here’s how stocks performed the last time a president ended a re-election bid — in 1968
S&P 500 rose after LBJ’s surprise announcement, but the market is already pricing in Biden’s withdrawal.
Netflix (NFLX) earnings Q2 2024
The Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty Images Netflix reported second-quarter earnings Thursday that showcased the media giant’s position at the head of the streaming race as it added more global subscribers and saw strong growth in its advertising business. The […]
It’s hot — and getting hotter. Here’s what that means for the global economy.
Climate change is worse for worldwide output than previously thought, a new study says.
Penn lays off about 100 employees as it focuses on ESPN Bet growth
The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty Images Penn Entertainment will lay off about 100 employees as it focuses on growth for ESPN Bet. CEO Jay Snowden told staff members in an internal email that the changes will enhance […]
Ford to expand large truck production to Canada
2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub. The new plans include investing about $3 billion to expand Super Duty production, including $2.3 billion at Ford’s Oakville […]
People may be devouring $5 value meals, but at what cost to restaurants?
As more chain restaurants offer discounts and deals to woo inflation-weary customers, a prominent industry expert is warning that they may soon pay a price in terms of their bottom lines.
Can Boeing get back to its glory days?
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing executives spent years after two fatal 737 Max […]
Novartis lifts guidance again as demand climbs for top drugs
Novartis has boosted its 2024 outlook for a second time this year, thanks to strong sales for some of its biggest drugs used to treat heart failure and other ailments.
