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
<b>Netflix (NFLX) earnings Q3 2023</b>
Netflix (NFLX) earnings Q3 2023
LOS ANGELES — shares surged after the closing bell Wednesday as the driven by a password-sharing crackdown efforts and interest in its new ad-supported tier. The streaming giant added 8.76 million global subscribers during the quarter, hi...
2023-10-19 09:19:41
Disney gives investors a look at ESPN financials
Disney gives investors a look at ESPN financials
The reorganization of 's business is giving investors a glimpse at ESPN's financials for the first time. The inside look – which shows ESPN's revenue has been decreasing in recent quarters – comes as the parent company looks for a for w...
2023-10-19 09:19:35
Netflix returns to growth mode
Netflix returns to growth mode
is correcting the There once was a time, long ago in April 2022, when Netflix . The company forecast it would lose an addition 2 million subscribers in the second quarter that year, a number that when Netflix announced actual results three...
2023-10-19 09:19:29
StubHub sees 60% jump in ticket sales for NBA season
StubHub sees 60% jump in ticket sales for NBA season
With the National Basketball Association season tipping off next week, StubHub sees ticket sales up nearly 60% compared to last year, with the Los Angeles Lakers returning to the top of the list as the most in-demand team. The ticket exchan...
2023-10-18 09:29:24