Month: August 2023
Disney set to report earnings after the bell. Here’s what to expect
Members of the Writers Guild of America and the Screen Actors Guild walk the picket line outside of Disney Studios in Burbank, California, on July 18, 2023. Robyn Beck | AFP | Getty Images When the markets close Wednesday, all eyes will be on Bob Iger. The Disney CEO has a laundry list of issues […]
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Hackers to compete for nearly $20 million in prizes by applying A.I. for cybersecurity, Biden administration announces
President Joe Biden provides remarks on Synthetic Intelligence in the Roosevelt Home at the White Property on July 21, 2023 in Washington, DC. Anna Moneymaker | Getty Pictures Hackers will have the prospect to contend for tens of millions of pounds in prizes by applying artificial intelligence to defend significant U.S. infrastructure from cybersecurity dangers, […]
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I was shocked at how lots of one-star rankings I have on Uber — this is how to see yours
Nisian Hughes | Getty Photos When you acquire an Uber trip, you get to rate your driver — but your driver also gets to level you as a rider. You may well now know how to check out your common Uber rating as a rider. For most people, it can be likely floating someplace among […]
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Insurers face long road, high cost to cover obesity drugs after promising Wegovy heart health data
A selection of injector pens for the Saxenda weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. Jim Vondruska | Reuters Novo Nordisk‘s obesity drug Wegovy slashed the risk of serious heart problems by 20% in a large clinical trial – a landmark finding that could put more […]
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Here’s a first look at GM’s new all-electric Cadillac Escalade IQ, starting at $130,000
2025 Cadillac Escalade IQ GM NEW YORK – Twenty-five years after the Cadillac Escalade launched General Motors into large, highly profitable luxury SUVs, the Detroit automaker is hoping a new all-electric version of the vehicle will ignite the same success for a new generation of luxury buyers. GM on Wednesday revealed the 2025 Cadillac Escalade […]
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We’re optimistic about this struggling entertainment stock despite an expected weak quarter
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Back-to-back losses Still believe in Disney Eli Lilly keeps going 1. Back-to-back losses U.S. stocks on Wednesday were sinking for the second straight session ahead of this week’s key inflation […]
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Amazon Key Air loses two key operations leaders, as drone shipping and delivery struggles continue on
An Amazon supply drone is on screen at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts on November 10, 2022. Joseph Prezioso | AFP | Getty Visuals Amazon has dropped two executives important to the firm’s drone shipping and delivery operations, the most up-to-date setback for an aspirational software that is needed significant expenditure but […]
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Companies say organized retail crime is on the rise, but there’s no data to prove it
This is part one of a three-part series on organized retail crime. The stories will examine the claims retailers make about how theft is affecting their business and the actions companies and policymakers are taking in response to the issue. Be sure to check out parts two and three later this week. Anti-theft locked merchandise […]
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Growing talent gap in U.S. chip space emerges as makers spend billions
US President Joe Biden visits Wolfspeed, a semiconductor manufacturer, in Durham, North Carolina, on March 28, 2023. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) Jim Watson | Afp | Getty Images A push to re-shore semiconductor manufacturing in the U.S. has spurred massive spending, and with it, concerns about […]
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These charts show what has Moody’s worried about regional banks including U.S. Bank and Fifth Third
The Moody’s ratings downgrades and outlook warnings on a swath of U.S. banks this week show that the industry still faces pressure after the collapse of Silicon Valley Bank. Concern over the sector had waned after second-quarter results showed most banks stabilized deposit levels following steeper losses during the March regional banking crisis. But a […]
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