StubHub sees 60% jump in ticket sales for NBA season
Anthony Davis, #3 of the Los Angeles Lakers, drives to the basket during the game against the Milwaukee Bucks at Crypto.com Arena in Los Angeles on Oct. 15, 2023. Adam Pantozzi | National Basketball Association | Getty Images With the National Basketball Association season tipping off next week, StubHub sees ticket sales up nearly 60% […]
Treasury yields higher as traders eye retail sales data
Bond yields rose early Tuesday as investors eyed U.S. retail sales data, and easing geopolitical angst curtailed demand for haven assets. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y added less than 1 basis point to 5.114%. Yields move in the opposite direction to prices. The yield on the 10-year Treasury BX:TMUBMUSD10Y rose 4 […]
Hollywood’s AI issues are far from settled after WGA deal
Members of the Writers Guild of America (WGA) East hold signs as they walk for the second day on the picket-line outside of Netflix’s New York office on May 03, 2023 in New York City. Spencer Platt | Getty Images The Writers Guild of America’s labor deal with Hollywood studios was billed as a big […]
Reserve Bank of Australia Warns of Low Tolerance for Stubborn Inflation
By Stuart Condie SYDNEY–The Reserve Bank of Australia continues to warn that further interest-rate increases may be needed if it sees signs that inflation isn’t under control. Minutes of the Oct. 3 board meeting published Tuesday showed that RBA board members mulled raising the cash rate by 25 basis points amid worries that persistently high…
Goldman Sachs (GS) earnings 3Q 2023
David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $5.31 a share, according to LSEG, […]
Goldman Sachs (GS) earnings 3Q 2023
David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $5.31 a share, according to LSEG, […]
Absolut Vodka, Sprite canned cocktail coming next year
Absolut Vodka and Sprite. Coca-Cola is teaming up with Pernod Ricard to launch a new ready-to-drink and premixed cocktail beginning 2024, the companies announced Monday. The new cocktail will contain a mix of Absolut Vodka and Sprite, the companies said. The drink will be available in two versions with Sprite and Sprite Zero Sugar. The […]
Faraday Future to cut operational costs as part of plan to reach profitability
Faraday Future Intelligent Electric FFIE has adopted a masterplan to reach profitability and reduce dependence on external funding. The Los Angeles-based electric-vehicle company said it would “meaningfully reduce people cost” and other administrative expenses unrelated to production of its FF 91 2.0 Futurist Alliance, its limited edition luxury EV line. The…
Rite Aid files for bankruptcy amid slowing sales, opioid litigation
Rite Aid filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to significantly reduce its debt. The company said it reached a deal with creditors on a restructuring plan that includes evaluating its retail footprint and closing underperforming locations. Rite Aid also said lenders agreed to extend […]
‘Tired of feeling like I’m in hell’: My boss says I’m worthless. What can I do?
This account, posted under a username that has since been deleted, first appeared on Reddit: I came back to the office for the first time in a week after being sick. I take care of a couple emails, and then my boss emails me and says he wants to have a meeting. We get into […]
