Procter & Gamble (PG) Q1 2024 earnings
Procter & Gamble (PG) Q1 2024 earnings
on Wednesday quarterly earnings and revenue that topped analysts' expectations, despite volume falling for the sixth consecutive quarter. Shares of the company closed trading on Wednesday up 2.58% on the report. Here's what PG reported comp...
2023-10-19 09:21:06
<b>Walmart beefs up online marketplace in Amazon challenge</b>
Walmart beefs up online marketplace in Amazon challenge
It was summer in Las Vegas — the temperature hit nearly 110 degrees that late August day — but Christmas was on everyone's minds. While Santa Claus wandered around during an invitation-only conference, businesses that sell items on Walm...
2023-10-19 09:21:00
Mortgage demand falls to the lowest level since 1995 as interest rates near 8%
Mortgage demand falls to the lowest level since 1995 as interest rates near 8%
Mortgage rates last week rose for the sixth straight week, causing demand for home loans to drop to the lowest level since 1995. Total application volume fell 6.9% compared with the previous week, according to the Mortgage Bankers Associati...
2023-10-19 09:20:54
Architects report big drop in business
Architects report big drop in business
Architecture firms reported a sharp drop in business in September, indicating that the commercial real estate market could experience even more pain in the next year. The dropped to 44.8 in September, the lowest score since December 2020, d...
2023-10-19 09:20:49
Winnebago revenue shows weak discretionary spending
Winnebago revenue shows weak discretionary spending
closed out its fiscal year with a solid . Adjusted per-share profit of $1.59 easily topped Wall Street expectations thanks to the recreational-vehicle maker's ability to efficiently manage costs, production and inventories in the quarter. B...
2023-10-19 09:20:43
30-year fixed mortgage rate just hit 8% for the first time since 2000
30-year fixed mortgage rate just hit 8% for the first time since 2000
The average rate on the popular 30-year fixed mortgage rate hit 8% Wednesday morning, according to That is the highest level since mid-2000. The milestone came as bond yields soar to levels not seen since 2007. Mortgage rates follow loosely...
2023-10-19 09:20:38
United Airlines to debut new boarding order to save time
United Airlines to debut new boarding order to save time
will change its boarding order next week by letting economy-class passengers who have selected window seats to board before those with middle and aisle seats. The company said the change could shave two minutes off the boarding process. The...
2023-10-19 09:20:32
Trump Truth Social promotes Biden campaign account
Trump Truth Social promotes Biden campaign account
Not a joke, folks. Former President Donald Trump's social media company is promoting President Joe Biden's campaign account on the platform, as the two politicians gear up for a possible election rematch. "Dear Friend, Recently, Joe Biden's...
2023-10-19 09:20:26
Rite Aid lost more than $1 billion before bankruptcy filing
Rite Aid lost more than $1 billion before bankruptcy filing
lost more than $1 billion in the months before it , the failed drugstore chain revealed in a Wednesday , as it warned investors it may not be able to keep its business running. The warning, which came three days after Rite Aid filed for ban...
2023-10-19 09:20:21
Morgan Stanley (MS) earnings 3Q 2023
Morgan Stanley (MS) earnings 3Q 2023
posted third-quarter results Wednesday that topped profit estimates on better-than-expected trading revenue. Here's what the company reported: Profit fell 9% to $2.41 billion, or $1.38 a share, from a year ago, the New York-based bank said...
2023-10-19 09:20:15
Costco CEO Craig Jelinek to step down. COO Ron Vachris will take over
Costco CEO Craig Jelinek to step down. COO Ron Vachris will take over
's longtime CEO Craig Jelinek is stepping down from the company after the warehouse club's spree of pandemic- and inflation-fueled growth. The company said Wednesday that Ron Vachris, the company's chief operating officer, will replace him...
2023-10-19 09:20:09
Pfizer to price Covid drug Paxlovid at $1,390 per course
Pfizer to price Covid drug Paxlovid at $1,390 per course
will price a five-day course of its Covid antiviral drug at $1,390 when the company starts to transition it to the later this year. A company spokesperson on Wednesday confirmed the price, which was first by The Wall Street Journal. That l...
2023-10-19 09:20:03
Delta walks back some changes to Sky Club access, loyalty program
Delta walks back some changes to Sky Club access, loyalty program
on Wednesday walked back some of the broad restrictions it placed on access to its popular airport lounges and trimmed thresholds to earn elite status after complaints from customers. Delta last month first announced to its loyalty program...
2023-10-19 09:19:58
Netflix leans more into sports programming
Netflix leans more into sports programming
Whether it's streaming or traditional TV, sports keep audiences coming back to their screens — and is working on getting more into the game. Following some quarters of stagnation, Netflix is back to , with the help of adding new business...
2023-10-19 09:19:52
SpaceX, Blue Origin, Virgin Galactic call for FAA improvements
SpaceX, Blue Origin, Virgin Galactic call for FAA improvements
With the pace of rocket launches accelerating, and competition from China rising, executives from top U.S. space companies on Wednesday urged senators to improve the Federal Aviation Administration's regulatory and licensing processes. "We'...
2023-10-19 09:19:46