Month: November 2023
Elon Musk says SpaceX’s Starlink business ‘achieved breakeven cash flow’
The upper stage of a Falcon 9 rocket deploys a stack of Starlink “V2 Mini” satellites in orbit. SpaceX SpaceX CEO Elon Musk announced Thursday that the company’s Starlink satellite internet business “achieved breakeven cash flow.” “Excellent work by a great team,” Musk said in a post on his social media platform, X, formerly known […]
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Stocks building the biggest moves midday: Starbucks, Roku, Eli Lilly, Affirm and more
Check out out the firms creating headlines in midday buying and selling. Starbucks — Shares jumped much more than 10% immediately after the business posted an earnings and income conquer in the fiscal fourth quarter. Administration also described far better-than-anticipated general performance in China, its second-biggest sector. Roku — The streaming online video platform rallied […]
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Target CEO blames aggressive behavior, serious threats for pulling some Pride merchandise
Target CEO Brian Cornell defended his decision to pull some of the retailer’s Pride Collection merchandise off shelves earlier this year, saying backlash against the items led to the most serious safety threats that he can recall in his decade with the company. In an interview with CNBC’s Becky Quick that aired Thursday morning on […]
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Novo Nordisk says 80% of insured U.S. patients taking Wegovy pay less than $25 a month
Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity. It should be used with a weight loss plan and physical activity. Michael Siluk | UCG | Getty Images Novo Nordisk on Thursday said 80% of U.S. patients with insurance coverage who take its highly popular weight loss treatment […]
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Jeff Bezos urged Amazon to flood search benefits with junk adverts, FTC alleges
Amazon Founder and CEO Jeff Bezos speaks to the media on the company’s sustainability attempts in Washington on September 19, 2019. Eric Baradat | AFP | Getty Visuals Amazon flooded its look for outcomes with irrelevant “defect” adverts at the direction of Founder Jeff Bezos, pumping Amazon gains whilst steering buyers to higher-priced merchandise, the […]
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Absolutely free pizza and Ubers: Judge will hold jurors past 8 p.m. as Sam Bankman-Fried demo enters closing stretch
Indicted FTX founder Sam Bankman-Fried comes at the United States Courthouse in New York City, July 26, 2023. Amr Alfiky | Reuters The govt is spending for pizza and Uber rides house for the 12 jurors in lessen Manhattan who will determine the destiny of Sam Bankman-Fried. In court on Thursday, U.S. District Choose Lewis […]
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Fox touts sports programming performance even as costs rise
A Fox Sports television camera during a game between the Utah Utes and the USC Trojans on October 21, 2023, at Los Angeles Memorial Coliseum in Los Angeles, CA. Brian Rothmuller | Icon Sportswire | Getty Images Fox Sports drove higher consumption overall for Fox Corp. last quarter, CEO Lachlan Murdoch said Thursday during the […]
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Eli Lilly says supply of blockbuster diabetes drug Mounjaro has improved in U.S.
A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, March 29, 2023. George Frey | Reuters Eli Lilly on Thursday said supply of its blockbuster diabetes drug Mounjaro has improved in the U.S. after months of widespread […]
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Apple set to report fourth-quarter earnings after the bell
Apple CEO Tim Cook dinner holds a new Iphone 15 Professional all through the Wonderlust undertaking start celebration at the firm’s headquarters in Cupertino, California, Sept. 12, 2023. Loren Elliott | Reuters Apple will report fourth-quarter earnings following the bell on Thursday. Analysts anticipate Apple to report its fourth straight quarter of all round income […]
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Lender of England governor suggests Israel-Hamas conflict poses challenges to inflation combat
Financial institution of England Governor Andrew Bailey said Thursday that the ongoing Israel-Hamas war poses a potential danger to the bank’s efforts to carry down inflation. Andrew Bailey instructed CNBC that apart from the huge human tragedy brought about by the now almost four-week conflict, the probable knock-on outcomes for vitality marketplaces were being important, risking a […]
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