Month: August 2024
Putin accuses Ukraine of ‘large-scale provocation’ at the Russian border
Russia’s President Vladimir Putin attends a meeting with organizers of the “Russia” forum and exhibition, which celebrates the country’s major achievements, in Moscow, Russia July 8, 2024. Artyom Geodakyan | Via Reuters Russia President Vladimir Putin accused Ukraine on Wednesday of carrying out “yet another large-scale provocation” at the Russian border. “As you know, the […]
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Beauty brand Madison Reed bets on women’s sports with UConn basketball partnership
Paige Bueckers has kicked off her partnership with Madison Reed by going from blond to “sparkling rose.” Courtesy: Madison Reed The latest women’s college sports deal comes with a splash — of color. The University of Connecticut has struck a deal with beauty brand Madison Reed in a wide-ranging partnership that includes court-naming rights; name, […]
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No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says
Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the company’s chief executive said Wednesday. “We’ve seen in the last couple of years, actually, [the shipping container] market remaining surprisingly resilient to all the fear of recessions that there has been,” Vincent […]
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Stocks making the biggest moves premarket: Disney, Airbnb, Rivian, Amgen and more
Check out the companies making headlines before the bell. Disney — Shares were down about 1% after the media giant reported quarterly results that beat analyst expectations, thanks in part to strong performance at its streaming unit. The company earned $1.39 per share, excluding items, on revenue of $23.16 billion. Analysts expected a profit of […]
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Google’s antitrust ruling has experts looking to 25-year-old Microsoft case for answers
Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. Alex Wong | Getty Images In ruling Monday that Google has held a monopoly in internet search, U.S. judge Amit Mehta invoked the company at the center of the most famous tech antitrust […]
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Russia hates on the Olympic Games, relishing ‘scandals’ and controversy in Paris
People cool off themselves with water sprays besides the Eiffel Tower in Paris on July 29, 2024, during the Paris 2024 Olympic Games. Luis Tato | Afp | Getty Images Cast out of the Olympic Games as a pariah due to its ongoing war in Ukraine, Russia appears to be hell-bent on hating on the […]
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Elon Musk ‘accountable to no one,’ Britain’s tech minister says after X owner’s comments on UK riots
Harun Ozalp | Anadolu Agency | Getty Images Elon Musk is “the one person who is accountable to no one” and his impact on public discourse should not be underestimated, the U.K.’s technology minister said in an interview with the Times newspaper, adding to recent criticisms of the technology billionaire from senior government officials. Peter […]
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DBS picks insider Tan Su Shan as first female CEO to succeed Piyush Gupta
DBS Group Holdings suffered an outage in its digital services on March 29, 2023. Bloomberg | Getty Images DBS Group said on Wednesday that Tan Su Shan, the firm’s head of institutional banking, will succeed Chief Executive Piyush Gupta upon his retirement in March, making her the first female CEO of Singapore’s biggest bank. Tan, […]
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CVS slashes profit outlook on higher medical costs, says top Aetna executive will leave
The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images CVS Health on Wednesday reported second-quarter earnings that topped expectations, but slashed its full-year profit outlook, citing higher medical costs that have been squeezing […]
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Bangladesh protesters expect interim government to be finalized on Wednesday
National flag of Bangladesh flying from a flagpole. Richard Sharrocks | Moment | Getty Images Bangladesh’s protest leaders said they expect members of an interim government, led by Nobel laureate Muhammad Yunus, to be finalized on Wednesday after Prime Minister Sheikh Hasina quit and fled to India following a violent crackdown on a student-led uprising. […]
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