Month: October 2024
Apple announces new iPad mini, available to order now and in stores on Oct. 23
Apple iPad Mini 2024 Apple Apple announced a new iPad mini on Tuesday, offering the first update to its smallest tablet since 2021. The new iPad mini comes with a faster A17 Pro processor, the same chip that was in last year’s iPhone 15 Pro. That means it supports Apple Intelligence, the company’s new suite […]
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Eli Lilly to trial use of weight loss drugs to combat unemployment in UK
LONDON — U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K. The weight-loss treatment firm and creator of Zepbound announced Monday that it would commit £279 million ($364 million) to help tackle Britain’s significant health challenges — including obesity. […]
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Amazon is using tech from a Khosla Ventures-backed startup to run robot warehouses at Whole Foods
Customers shop for produce at a Whole Foods Market 365 location in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images As Amazon looks to add more automation into its supermarkets, the retailing giant is partnering with a Khosla Ventures-backed startup that just came out of stealth last year, CNBC has learned. Last […]
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Citigroup earnings top estimates, boosted by investment banking
In this article C Follow your favorite stocksCREATE FREE ACCOUNT The Citibank building in Canada Square at the heart of Canary Wharf financial district in London on May 7, 2024. Mike Kemp | In Pictures | Getty Images Citigroup reported third-quarter results before the opening bell on Tuesday that topped Wall Street expectations, with growth […]
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Stocks making the biggest moves premarket: Goldman Sachs, Bank of America, Walgreens and more
Check out the companies making headlines before the bell. Bank of America — Shares moved 1% higher after third-quarter earnings and revenue topped Wall Street analysts’ estimates. Earnings came in at 81 cents, beating the 77 cents expected from analysts polled by LSEG. Revenue was $25.5 billion, versus the $25.3 billion consensus estimate. Johnson & […]
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Boeing to raise as much as $25 billion to shore up balance sheet
Striking Boeing workers and their supporters picket outside the Boeing Co. manufacturing facility in Renton, Washington, on Sept. 16, 2024. Yehyun Kim | AFP | Getty Images Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer […]
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Walgreens says it will close 1,200 stores by 2027, as earnings top estimates
A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021. Andrew Kelly | Reuters Walgreens on Tuesday reported fiscal fourth-quarter sales and adjusted profit that beat Wall Street’s expectations, as the company slashes costs in an attempt to steer itself out of a […]
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Bank of America is set to report third-quarter earnings — here’s what the Street expects
Bank of America Chairman and CEO Brian Thomas Moynihan speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters Bank of America is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what […]
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Harris PAC’s $1 million contribution from Ripple’s Chris Larsen shows crypto industry warming to VP
Chris Larsen, co-founder of Ripple. Source: YouTube SAN FRANCISCO — For months, crypto companies and their executives have been pouring tens of millions of dollars into Donald Trump’s effort to win the White House. Chris Larsen isn’t one of them. The co-founder and chairman of Ripple recently contributed $1 million worth of XRP tokens, the […]
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The Oura Ring 4 is sleek and easy to wear but scratches easily. Here’s what it’s like
The Oura Ring 4. Courtesy: Oura After two weeks of wearing the Oura Ring 4, the smart ring gave me a better understanding of how my sleep, stress and exercise influence how I feel in my day-to-day life. The Oura Ring 4 began shipping to customers and became available in retail stores on Tuesday, and […]
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