Month: October 2024
Watch maker Patek Philippe launches first new collection in 25 years
Introducing the new Patek Philippe Cubitus line. Courtesy: Patek Philippe Storied Swiss watch maker Patek Philippe announced its first new collection in 25 years this week, dubbed the Cubitus line. The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand. Younger investors and collectors began buying up […]
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Stocks making the biggest moves midday: Netflix, Apple, CVS Health, Lamb Weston, U.S. Cellular and more
Check out the companies making headlines in midday trading: Netflix — Shares jumped 10% due to the streamer’s third-quarter results beating Wall Street’s expectations. Netflix earned $5.40 per share on revenue of $9.83 billion, above the $5.12 per share and $9.77 billion in revenue that analysts were expecting, according to LSEG. Analysts lauded the results, […]
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Embraer CEO says jet maker studying possibilities for a new aircraft
Embraer CEO Francisco Gomes Neto speaks during the Embraer Media Day 2022 at the aircraft factory in Sao Jose dos Campos, Brazil, May 30, 2022. Carla Carniel | Reuters Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC. […]
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Fed rate cuts can boost this trade that’s a seasonal winner, Tom Lee says
One of Wall Street’s reliable seasonal trends is about to come to flower, and this year there are solid fundamentals to power a rally, according to Fundstrat. Tom Lee, Fundstrat’s head of research, said in an Oct. 17 note to clients that the firm is opening a six-month “tactical overweight” on the homebuilding sector. The […]
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The government is getting fed up with ransomware payments fueling endless cycle of cyberattacks
Anne Neuberger, deputy national security advisor for cyber and emerging technologies, speaks during a news conference in the James S. Brady Press Briefing Room at the White House in Washington, D.C., U.S., on Monday, May 10, 2021 amid the Colonial fuel pipeline ransomware attack. Bloomberg | Bloomberg | Getty Images With ransomware attacks surging and […]
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Op-ed: The financial toxicity of cancer is growing. Here’s what can be done to reduce it
Medical personnel use a mammogram to examine a woman’s breast for breast cancer. Hannibal Hanschke | dpa | Picture Alliance | Getty Images Cancer drains individuals of their physical, emotional, and financial health. Given the impact on both patients and the people in their lives — including their employer — it’s time that CEOs take […]
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More Trump sealed files released in Jack Smith Jan. 6 election case
U.S. President Donald Trump speaks during a “Save America Rally” near the White House in Washington, D.C., U.S., on Wednesday, Jan. 6, 2021. Bloomberg | Getty Images A federal judge on Friday ordered the release of more than 1,800 pages of documents filed by special counsel Jack Smith in the criminal election interference case against […]
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Why some families will pay $500,000 for Ivy League admissions consulting: ‘It’s worth the investment’
Ivy League architecture at Princeton University. Loop Images | Getty Images At the nation’s top schools, including many in the Ivy League, acceptance rates hover near all-time lows. “College admissions only ever gets more competitive and there’s a lot of stress from families about the stakes and how to get in,” said Thomas Howell, the founder […]
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Stellantis to sell, shutter large testing facility amid cost-cutting efforts
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg | Getty Images DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, […]
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Minimum wage is on the ballot in 5 states this November. Here’s how the votes could go
A Feb. 18 rally celebrating the California Labor Commissioner’s order for a McDonald’s franchise to rehire and compensate workers who went on strike for coronavirus protections was held on Feb. 18, 2021. Lucy Nicholson | Reuters This November, voters in at least three states will decide whether or not to raise their state-level minimum wages. […]
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