Photo: TOLGA AKMEN/AFP/Getty Images After more than a year of back and forth with the DOJ over its fate, Simon & Schuster st...
11:04 AM
Business
UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply - CNN
New York CNN — UPS reported a sharp drop in revenue and profit in the second quarter. The company also cut its profit forecast, expecti...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/KUQ4TMIPB5K4LF2UPSVWPDYJNY.jpg "Italy shocks banks with 40% windfall tax for 2023 - Reuters")
11:04 AM
Business
Italy shocks banks with 40% windfall tax for 2023 - Reuters
Summary Companies To tax income from gap in lending, deposit rates Govt had criticised lenders for keeping deposit rates low ...
Monday, August 7, 2023
Business
Simon & Schuster purchased by private equity firm KKR for $1.62 billion - The Associated Press
NEW YORK (AP) — Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by riv...
9:04 PM
Business
Tesla CFO Zachary Kirkhorn steps down after 13 years with company - CBS News
Tesla Chief Financial Officer Zachary Kirkhorn is departing after 13 years with the the electric vehicle and solar panel maker. Kirkhorn st...
6:03 PM
Business
Beyond Meat cuts annual revenue forecast as faux meat demand dips - Reuters
Aug 7 (Reuters) - Beyond Meat (BYND.O) cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand for its...
Sunday, August 6, 2023
Business
Musk says his cage fight with Zuckerberg will be streamed on X - ABC News
Elon Musk says his potential in-person fight with Mark Zuckerberg would be streamed live on his social media site X, formerly known as Twi...
12:03 PM
Business
Berkshire Hathaway Stock: Q2 Earnings Results Blew Away Bears - Seeking Alpha
Steve Pope Berkshire Q2 Earnings - Low Expectations Easily Beaten Many analysts had low expectations headed into Berkshire Hathaway...
Saturday, August 5, 2023
Business
Home price data: These 10 housing markets are up the most—these 10 are down the most - Fortune
Throughout the nation, the cost of mortgage borrowing has undergone a staggering surge since January 2022, with the average 30-year fixed mo...
3:04 PM
Business
Recalling a wild ride with a robotaxi named Peaches as regulators mull San Francisco expansion plan - The Associated Press
SAN FRANCISCO (AP) — I won’t forget the first time I took a ride in a car without anyone sitting in the driver’s seat. It happened one nig...
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