<b>Rolls-Royce CEO Torsten Muller-Otvos retires</b>
Rolls-Royce CEO Torsten Muller-Otvos retires
Torsten Muller-Otvos, the Rolls-Royce CEO who turned an aging brand into a coveted badge of success for pop stars, athletes and young entrepreneurs, is retiring after 14 years. Rolls-Royce announced Thursday that Muller-Otvos, 63, the longe...
2023-10-09 09:18:56
Lucid's shares fall after launch of cheaper Air EV
Lucid's shares fall after launch of cheaper Air EV
Shares of fell on Thursday after the company launched a cheaper version of its Air electric luxury sedan in a bid to stoke demand. The stock closed down about 7% on Thursday following the news. Lucid it will now offer a single-motor, rear-w...
2023-10-09 09:18:50
<b>Weight loss drugs Wegovy, Ozempic may be linked to stomach paralysis</b>
Weight loss drugs Wegovy, Ozempic may be linked to stomach paralysis
Blockbuster and diabetes drugs like and may be associated with an increased risk of three rare, but severe, in non-diabetic patients, according to a released Thursday. The study, published in the research journal JAMA, comes as 's Wegovy, O...
2023-10-09 09:18:45
Constellation Brands (STZ) earnings Q2 2024
Constellation Brands (STZ) earnings Q2 2024
In this article on Thursday reported earnings and revenue that topped analysts' expectations for its . The Mexican beer powerhouse, owner of the Modelo Especial and Corona Extra brands, reported double-digit sales growth in its beer busin...
2023-10-09 09:18:40
Clorox shares slide after company says cyberattack hit sales
Clorox shares slide after company says cyberattack hit sales
Shares of fell more than 5% Thursday, a day an August cyberattack significantly weighed on sales and profits during the prior quarter. The stock hit a 52-week low and is down more than 11% so far this year. While the Pine-Sol and bleach mak...
2023-10-09 09:18:34
Rivian shares sink after EV maker announces $1.5 billion raise
Rivian shares sink after EV maker announces $1.5 billion raise
Shares of fell sharply on Thursday, after the company surprised investors with a plan to offer $1.5 billion in convertible notes. It also provided a preliminary estimate of its third-quarter revenue that was in line with Wall Street estimat...
2023-10-09 09:18:28
Tiger Woods and Rory McIlroy TGL golf league to air on ESPN
Tiger Woods and Rory McIlroy TGL golf league to air on ESPN
s ESPN has the broadcast rights to air matches from TGL, the startup golf league led by Tiger Woods and Rory McIlroy. TGL, which is in partnership with the PGA Tour, will have its debut Jan. 9 as part of a multiyear deal. A preview show wil...
2023-10-09 09:18:23
GM's stock falls amid strikes, potential air bag recall
GM's stock falls amid strikes, potential air bag recall
DETROIT – stock price fell below $30 a share during intraday trading Thursday for the first time in more than three years amid ongoing strikes by the United Auto Workers union and a report of a potentially costly airbag recall for the aut...
2023-10-09 09:18:18
Taylor Swift Eras Tour film surpasses $100 million in ticket sales
Taylor Swift Eras Tour film surpasses $100 million in ticket sales
Taylor Swift's Eras Tour concert film is already a $100 million blockbuster — and it hasn't even hit theaters yet. announced Thursday that global advance ticket sales for the pop singer's movie surpassed the jaw-dropping threshold this we...
2023-10-09 09:18:12
Reusable rocket startup Stoke Space raises $100 million
Reusable rocket startup Stoke Space raises $100 million
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 Industrious Ventures – with the...
2023-10-09 09:18:07
<b>Levi Strauss (LEVI) earnings Q3 2023</b>
Levi Strauss (LEVI) earnings Q3 2023
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 extend...
2023-10-09 09:18:01
Hyundai and Kia adopt Tesla's electric vehicle charging
Hyundai and Kia adopt Tesla's electric vehicle charging
and announced Thursday they will soon adopt , beginning in the fourth quarter of 2024 in the United States. Hyundai and Kia join others like and to integrate the Tesla charging ports, called North American Charging Standard, into their elec...
2023-10-09 09:17:56
Arizona Coyotes local games move to broadcast from cable
Arizona Coyotes local games move to broadcast from cable
The Arizona Coyotes are skating to a new TV home for local games – showcasing the pressure on cable TV bundles due to cord cutting while broadcast stations look to nab more sports media rights. The NHL team reached a multi-year deal with...
2023-10-09 09:17:50
<b>Why borrowing costs for nearly everything are surging</b>
Why borrowing costs for nearly everything are surging
Violent in the bond market this week have hammered investors and renewed fears of a recession, as well as concerns about housing, banks and even the fiscal sustainability of the U.S. government. At the center of the storm is the 10-year Tre...
2023-10-09 09:17:44
<b>Streaming companies chase Spanish-language sports rights</b>
Streaming companies chase Spanish-language sports rights
Streaming platforms are chasing live sports rights to grow their audiences. Increasingly, those audiences are watching in Spanish. Media companies that were already geared toward Hispanic audiences, like TelevisaUnivision and Canela Media,...
2023-10-09 09:17:38