Day: March 7, 2024
Southeast Asia's smartphone market place is booming so much this 12 months as China remains sluggish, investigate says
Individuals utilizing their cellular telephones on July 17, 2016 in Surakarta, Indonesia. Solo Imaji | Barcroft Media | Getty Photos Smartphone shipments in Southeast Asia continued a resurgence at the start off of 2024, contrasting to a lull in other regions, as the promising sector for cell makers carries on to bring in additional models […]
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Gap shares pop as company's holiday earnings blow past estimates, Old Navy returns to growth
A general view of an Old Navy store. Gap Inc. Gap’s largest banner Old Navy returned to growth for the first time in more than a year during its holiday quarter as the retailer delivered earnings on Thursday that came in well ahead of Wall Street’s expectations. Sales at Old Navy grew 6% to $2.29 […]
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Costco holiday-quarter revenue expectations despite online growth
Mandel Ngan | Afp | Getty Images Costco on Thursday missed Wall Street’s revenue expectations for its holiday quarter, despite reporting year-over-year sales growth and strong e-commerce gains. Shares of the retailer fell about 4% in aftermarket trading. The retailer’s stock had hit a 52-week high earlier in the day. The company offered few details […]
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United airplane loses tire just after takeoff from San Francisco Worldwide Airport
The United Boeing 777-200ER airplane immediately after crisis landing at LAX. NBC Bay Place A United Airlines flight shed a tire immediately after takeoff from San Francisco Intercontinental Airport on Thursday, the airline said. United Flight 35 later on landed securely in Los Angeles, the airline explained. The airplane, a Boeing 777-200, has six tires […]
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Space company Astra going private to avoid bankruptcy after dismal public run
Rocket LV0006 tilts during liftoff. Astra / NASASpaceflight Space company Astra will go private in a cut-rate deal with its founders after a dismal run as a publicly-traded stock. Astra co-founders Chris Kemp and Adam London – CEO and CTO, respectively – signed an agreement with the company’s board to acquire all outstanding common stock […]
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Worries about union strikes at East Coastline, Gulf ports increase, major to trade diversions
The possible for a strike by the premier union of maritime employees in North The usa, the Intercontinental Longshoremen’s Affiliation, is starting to rise on the record of fears amid logistics decision-makers and advisors in a 12 months now fraught with a multitude of trade uncertainties. Pink Sea diversions and Panama Canal drought restrictions are […]
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Powell suggests the Fed is 'not far' from the point of reducing desire prices
Federal Reserve Chairman Jerome Powell testifies throughout the Senate Banking, Housing and City Affairs Committee listening to titled “The Semiannual Monetary Plan Report to the Congress,” in Dirksen Setting up on Thursday, March 7, 2024. Tom Williams | Cq-roll Connect with, Inc. | Getty Photographs Federal Reserve Chair Jerome Powell on Thursday indicated that interest […]
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Property Democrats probe SpaceX above alleged illegal export and use of Starlink by Russia
The Starlink image is witnessed on a mobile unit with Ukraine on a map in the track record in this illustration photograph in Warsaw, Poland on 21 September, 2022. STR | Nurphoto | Getty Visuals Household Democrats Robert Garcia, D-Calif. and Jamie Raskin, D-Md, sent a letter to SpaceX demanding transparency from the defense contractor […]
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FTX and BlockFi access tentative settlement for up to $874 million: CNBC Crypto Environment
ShareShare Short article by using FbShare Write-up by way of TwitterShare Short article by way of LinkedInShare Post by way of E-mail CNBC Crypto Environment capabilities the latest news and each day buying and selling updates from the electronic forex markets and offers viewers with a appear at what is forward with significant-profile interviews, explainers, […]
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Grocers are trying to get orders to your door faster than ever — here's why
As retailers compete for grocery shoppers, some of the big names in the business have zeroed in on the same strategy: get deliveries to customers’ doors quickly. This week, Target announced a new paid membership program with free same-day home deliveries as a key perk. Walmart expanded its same-day delivery offering to allow shoppers to […]
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