Month: November 2024
Rocket Lab stock pops 25% after company reports strong revenue growth, first Neutron deal
Rocket Lab shares jumped in post-market trading after the company reported third-quarter results and announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a year ago. Its net loss also increased year-over-year, to $51.9 million […]
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Amgen stock falls as analysts mull over weight loss drug’s bone density data
Omar Marques | Lightrocket | Getty Images Shares of Amgen fell more than 7% Tuesday as analysts chewed over bone density loss data from an early-stage trial on its experimental weight loss injection, MariTide. One analyst said the additional data suggests a new potential safety risk tied to the drug. But others said the share […]
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‘Everyone is calling’: Trump’s tariff threats send U.S. companies scrambling for lobbyists and loopholes
In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing. Collinson, who helps lead the international trade and government relations division at the lobbying firm Sandler, Travis & Rosenberg, said she is fielding “dozens and dozens and dozens” of calls from anxious U.S. companies looking to […]
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Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars expected as early as 2027
A provided image of Oliver Blume, CEO of Volkswagen Group and RJ Scaringe, founder and CEO of Rivian, as the companies announce joint venture plans on June 25, 2024. Courtesy: Business Wire Rivian Automotive and Volkswagen Group have released details of their previously announced joint venture ahead of the operations launching Wednesday. The companies in […]
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Israel not in violation of U.S. law, but Gaza aid situation will be monitored: State Dept.
US Secretary of State Antony Blinken addresses a press conference in Tel Aviv on January 9, 2024, during his week-long trip aimed at calming tensions across the Middle East, amid continuing battles between Israel and the Palestinian militant group Hamas in Gaza. Alberto Pizzoli | AFP | Getty Images The United States announced Tuesday that […]
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Canada’s Labor Minister ends coast-to-coast port labor turmoil, forcing unions back to work
A Canadian Pacific Railway Co. locomotive pulls a train at the Port of Vancouver in Vancouver, British Columbia, Canada, on Thursday, Aug. 22, 2024. Bloomberg | Bloomberg | Getty Images Canadian Labor Minister Steven MacKinnon has invoked federal powers to end work stoppages at the ports of Vancouver, Prince Rupert and Montreal, ordering binding and final arbitration […]
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Hedge funds performed better under Democratic presidents than Republican ones, history shows
Delivering Alpha Hedge funds performed better under Democratic presidents than Republican ones, history shows Published Tue, Nov 12 20243:17 PM ESTUpdated 24 Min Ago Leslie Picker@LesliePicker WATCH LIVE Source
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David Einhorn to speak as the priciest market in decades gets even pricier postelection
Delivering Alpha David Einhorn to speak as the priciest market in decades gets even pricier postelection Published Tue, Nov 12 20243:14 PM ESTUpdated 2 Hours Ago Yun Li@YunLi626 WATCH LIVE Source
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Copenhagen guarantees happiness to anyone who moves there: ‘We’re confident people will fall in love with life in the GCR’
Denmark consistently ranks among the world’s happiest countries, and most recently was named the No. 1 country for quality of life. If you’ve ever considered a move to Copenhagen in pursuit of nice weather, work-life balance, and competitive pay, now’s your time. This month, The Greater Copenhagen Region launched a marketing campaign for its new […]
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FAA bans U.S.-Haiti flights for 30 days after Spirit Airlines flight struck by gunfire
Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US. Eva Marie Uzcategui | Bloomberg | Getty Images The Federal Aviation Administration on Tuesday banned U.S. civilian flights to and from Haiti for 30 days after a Spirit Airlines airplane was struck by gunfire trying to land in Port-au-Prince a day […]
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