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
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
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
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'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
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
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
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
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
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
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
Amazon launches Project Kuiper satellite internet prototypes
in low Earth orbit, to provide high-speed internet access anywhere in the world. The company plans to to build Kuiper, and recently . . Called "Protoflight," Friday's mission saw United Launch Alliance's Atlas V rocket carry two satellites –...
2023-10-09 09:17:31
Clorox, MGM Resorts deal with cyberattack fallout
It has been a very eventful couple of weeks for cyberattack-related news. It all kind of started Wednesday of last week when revealed it had been hit by a cyberattack. The company it "experienced disruptions in portions of its internal info...
2023-10-09 09:17:26
UAW will not expand strikes this week at GM, Ford, Stellantis
DETROIT – The United Auto Workers will not expand strikes against the Detroit automakers this week amid progress in the talks, including agreeing to include battery cell workers under the company's national agreement. This is the first we...
2023-10-09 09:17:21
Where big investors are hiding amid choppy markets
Investors have piled into U.S. government bonds in a bid to wait out the upheaval caused by a blowout in yields, according to a executive. An auction this week of 52-week Treasury bills at a 5.19% rate was 3.2 times oversubscribed, its high...
2023-10-09 09:17:15