Day: February 8, 2023
Dominion Voting attorney calls out Fox for missing evidence in defamation lawsuit
A person walks past Fox News Headquarters at the News Corporation building on May 03, 2022 in New York City. Alexi Rosenfeld | Getty Images Dominion Voting Systems is calling out Fox News and its parent company, Fox Corp, for failing to turn over evidence, with less than two months before the companies are set […]
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Mattel shares tumble after holiday quarter fails to boost sagging sales
The Mattel company logo is pictured during the inauguration of the expansion of the Montoi plant, in Escobedo, Mexico March 15, 2022. Daniel Becerril | Reuters Barbie-maker Mattel posted fourth-quarter results after market close on Wednesday that came in well below Wall Street’s expectations after holiday sales failed to offset slowing consumer demand. CFO Anthony […]
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Robinhood board approves strategy to obtain again Sam Bankman-Fried’s $578 million stake
Rafael Henrique | Sopa Illustrations or photos | Lightrocket | Getty Visuals The board of directors of Robinhood has authorized a system to get up to 55 million shares purchased by Sam Bankman-Fried final 12 months. The ex-CEO of the now bankrupt crypto exchange FTX at first obtained his stake in May 2022 by way […]
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Twitter is telling end users that they have arrived at their day by day restrict for posts
Elon Musk Twitter web page noticed on mobile with his poll to step down as head of Twitter Jonathan Raa | Nurphoto | Getty Visuals Many Twitter customers on Wednesday afternoon were not able to put up on the web site, getting a concept that examine, “You are around the day-to-day limit for sending Tweets.” […]
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Photo voltaic tech business Nextracker anticipated to rate at upper conclude of range in superior indicator for IPO industry
Critical Factors Nextracker, a solar tech organization, is expected to price tag its first community featuring at the bigger conclude of its said $20 to $23 per share concentrate on. This will most likely be the biggest U.S. listing due to the fact October when Mobileye elevated $990 million. Nextracker is set to commence investing […]
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Stocks creating the greatest moves soon after hours: Disney, Mattel, Wynn Resorts, Affirm and extra
In this post WYNN LNC CDAY AFRM MGM HOOD MAT DIS Adhere to your most loved sharesProduce No cost ACCOUNT Barbie dolls in the Mattel exhibit at the once-a-year Toy Reasonable in New York. Stan Honda | AFP | Getty Visuals Look at out the businesses creating headlines in extended trading. Disney — Shares of […]
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Disney will reorganize into three divisions as it slashes costs and cuts 7,000 jobs
Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said it would now be made up of three divisions: Disney Entertainment, which includes […]
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U.S. explores operating with India to enhance financial competitiveness in opposition to China, states Commerce Secretary Gina Raimondo
WASHINGTON — Commerce Secretary Gina Raimondo claimed Wednesday that the U.S. is thinking of collaborating with India on selected production jobs in buy to improve level of competition versus China. Raimondo informed Jim Cramer on CNBC’s “Mad Money” that she will check out India in March with a handful of U.S. CEOs to explore an […]
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Affirm cuts 19% of workforce shares tank on earnings skip
Affirm Holdings Inc. web page home monitor on a notebook computer system in an organized photograph taken in Small Falls, New Jersey. Gabby Jones | Bloomberg | Getty Pictures Affirm announced its slicing 19% of its workforce as it documented second quarter earnings that fell beneath analyst estimates on both of those the major and […]
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Southwest strategies to inform Senate it is really assured in its schedule immediately after holiday meltdown
A Southwest Airways passenger jet lands at Chicago Midway Intercontinental Airport in Chicago, Illinois, on December 28, 2022. Kamil Krzaczynski | AFP | Getty Illustrations or photos Southwest Airlines options to apologize just before a Senate panel on Thursday more than the carrier’s December meltdown that stranded hundreds of thousands of travelers about Xmas. “In […]
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