Taylor Swift Eras Tour film surpasses $100 million in ticket sales
Taylor Swift: The Eros Tour movie promotional image Taylor Swift’s Eras Tour concert film is already a $100 million blockbuster — and it hasn’t even hit theaters yet. AMC announced Thursday that global advance ticket sales for the pop singer’s movie surpassed the jaw-dropping threshold this week. “Taylor Swift: The Eras Tour” is set to […]
Tian Tu Capital Shares Fall on Hong Kong Debut
By Jiahui Huang Tian Tu Capital shares opened lower on their debut in Hong Kong, failing to provide an initial pop as investor sentiment remained cautious in an uncertain market. Shares of the Chinese private-equity investor and fund manager slid as much as 17% to 5.39 Hong Kong dollars a share on Friday. Shares were […]
Reusable rocket startup Stoke Space raises $100 million
The company’s prototype vehicle “Hopper2” flies during a low-altitude launch and landing demonstration on Sept. 17, 2023 in Moses Lake, Washington. Stoke Space Washington-based startup Stoke Space raised $100 million in new funds, the company announced Thursday, as it aims to develop a fully reusable rocket called “Nova.” Stoke’s latest investment round was led by […]
Why borrowing costs for nearly everything are surging
Federal Reserve Board Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, D.C., on July 26, 2023. SAUL LOEB | Getty Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as concerns about […]
Exxon near $60 billion deal to buy Pioneer Natural Resources: report
Exxon Mobil Corp. is close to a deal to buy shale-drilling company Pioneer Natural Resources for about $60 billion, the Wall Street Journal reported late Thursday. Citing sources familiar with the matter, the Journal said the deal could be finalized in the coming days. The Journal had reported in April that the two companies had […]
Levi Strauss (LEVI) earnings Q3 2023
Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss on Thursday cut its full-year sales forecast, as it missed Wall Street’s quarterly revenue expectations and was dragged down by weaker shopping trends at department stores and big-box retailers across the U.S. Shares fell slightly in extended trading. The company’s more cautious […]
Want to buy a new car? You should probably be making $100,000 a year.
The United Auto Workers’ strike to eliminate a tiered wage system and restore pensions could lead to higher car prices, but for many U.S. households, buying a new vehicle is already a luxury they can’t afford. And soaring sticker prices are only partly to blame. The average price of a new car is $48,451, and […]
Weight loss drugs Wegovy, Ozempic may be linked to stomach paralysis
Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity. It should be used with a weight loss plan and physical activity. Michael Siluk | UCG | Getty Images Blockbuster weight loss and diabetes drugs like Wegovy and Ozempic may be associated with an increased risk of three rare, […]
Constellation Brands (STZ) earnings Q2 2024
Constellation Brands on Thursday reported earnings and revenue that topped analysts’ expectations for its fiscal second quarter of 2024. The Mexican beer powerhouse, owner of the Modelo Especial and Corona Extra brands, reported double-digit sales growth in its beer business as the division continues to dominate the overall beer and high-end categories. Meanwhile, sales of wine and […]
Constellation Brands (STZ) earnings Q2 2024
Constellation Brands on Thursday reported earnings and revenue that topped analysts’ expectations for its fiscal second quarter of 2024. The Mexican beer powerhouse, owner of the Modelo Especial and Corona Extra brands, reported double-digit sales growth in its beer business as the division continues to dominate the overall beer and high-end categories. Meanwhile, sales of wine and […]
