Japan manufacturers sentiment improves for third straight quarter, Tankan shows
TOKYO — Sentiment among large Japanese manufacturers rose to the highest level since March 2022 during the three months to December, supported by a sharp recovery in the auto sector. The main index for sentiment among large manufacturers was +12, compared with +9 in September, according to the Bank of Japan’s quarterly Tankan corporate survey […]
Blue Origin aims to launch New Shepard rocket Dec. 18
A Blue Origin New Shepard rocket lifts off with a crew of six from Launch Site One in West Texas on Dec. 11, 2021. Joe Skipper | Reuters The moment of the anomaly during the New Shepard cargo mission NS-23, in which the booster’s engine failed. Blue Origin The New Shepard rocket launches from Blue […]
Netflix releases viewing stats for nearly all titles for first time
Rege-Jean Page and Phoebe Dynevor star in Netflix’s “Bridgerton.” Netflix Creators rejoice: Netflix is finally revealing viewership statistics on nearly all of its shows and movies. Netflix released its first “What We Watched” report Tuesday, which ranks almost all of its shows and movies by amount of hours viewed over the past six months. Netflix […]
Oil futures drop nearly 4% to settle at their lowest since June
Oil futures declined on Tuesday, with U.S. and global benchmark prices losing almost 4% to settle at their lowest level in nearly six months. Concerns over the outlook for oil demand, as well as rising oil production from non-OPEC countries such as the U.S., continued to weigh on prices. U.S. inflation data, meanwhile, showed only […]
Altice USA in talks to sell Cheddar News to Regent
Igor Golovniov | Lightrocket | Getty Images Altice USA is in talks to sell the financial news streaming service Cheddar News to LA-based private equity firm Regent LP, according to people familiar with the matter. No deal is assured and discussions around structure are still fluid, said the people, who asked not to be named […]
Unilever probed by competition regulator over environmental claims
Britain’s competition regulator on Tuesday said it’s opened a probe into the environmentally-friendly claims put forward by household products giant Unilever, the latest example of corporate green claims getting scrutinized by regulators. The U.K. Competition and Markets Authority said it is concerned that Unilever may be misleading shoppers about the environmental impact of its products, […]
Patients on Eli Lilly drug regain weight after stopping it
Eli Lilly’s drug tirzepatide was approved for weight loss by the FDA. Courtesy of Eli Lilly Patients who took Eli Lilly‘s weight loss drug Zepbound regained around half the weight they shed after stopping the newly approved treatment for a year, according to data released Monday. The data, which represents the full results from an […]
Cigna shares jump on abandoned Humana buyout, buyback plans
Sopa Images | Lightrocket | Getty Images Shares of Cigna jumped Monday following reports that the health-care giant has scrapped its plans to buy rival Humana due to disagreements on price, putting an early end to what would have been one of the largest deals of the decade. Cigna late Sunday also announced plans to […]
Top picks for a used SUV under $20,000
No matter what sort of SUV you’re looking for — big, small, or medium, efficiency-first or heavy duty, there are bargains to be found in today’s used SUV market. With $20,000 to spend, your selection includes some nearly new models, some recent hybrids, and some older models with serious capability on-road and off. Whatever you’re […]
Ford cuts 2024 production plans in half
Ford workers produce the electric F-150 Lightning pickup at the automaker’s Ford Rouge Electric Vehicle Center on Dec. 13, 2022. Michael Wayland | CNBC DETROIT — Ford Motor will cut planned production of its all-electric F-150 Lightning pickup roughly in half next year, marking a major reversal after the automaker significantly increased plant capacity for […]
