Month: December 2024
ESPN hopes to reach more casual sports fans with Disney+ integration
SportsCenter at ESPN Headquarters. The Washington Post | The Washington Post | Getty Images ESPN is coming to Disney+. Now, the sports network wants to make sure Disney+ users come to ESPN. Walt Disney debuted a dedicated ESPN tile Wednesday on Disney+ for people who subscribe to ESPN+, its sports streaming platform, to watch programming […]
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UnitedHealthcare CEO Brian Thompson fatally shot in New York
UnitedHealthcare (UHC) health insurance company signage is displayed on an office building in Phoenix, Arizona on July 19, 2023. Patrick T. Fallon | Afp | Getty Images Brian Thompson, the CEO of UnitedHealth Group‘s insurance unit, was fatally shot in midtown Manhattan Wednesday morning, a person familiar with the matter told CNBC. UnitedHealth Group canceled […]
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Stocks making the biggest moves premarket: Salesforce, Foot Locker, Pure Storage, PSQ Holdings & more
Check out the companies making headlines before the bell: Salesforce — Shares rallied more than 12% after the enterprise software company posted a third-quarter revenue beat. Salesforce reported $9.44 billion in revenue, better than the $9.35 billion expected by analysts, according to LSEG. Subscription revenue also beat analyst expectations. Dollar Tree — The stock rose […]
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Amazon sued by DC attorney general for allegedly excluding neighborhoods from Prime delivery
Amazon workers deliver packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images Washington, D.C.’s attorney general sued Amazon on Wednesday, accusing the company of covertly depriving residents in certain ZIP codes in the nation’s capital from access to Prime’s high-speed delivery. The lawsuit from […]
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Spotify Wrapped is out. Here’s who topped the 2024 streaming charts
This photograph taken in Paris on April 19, 2024, shows a smatphone displaying the US singer-songwriter Taylor Swift’s new album “The Tortured Poets Department” on Spotify. Queen of pop Taylor Swift released her highly anticipated record “The Tortured Poets Department” on April 19, 2024 — the 11th studio album from the megastar who is already […]
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South Korea’s short-lived martial law declaration rattled markets. Here’s what’s next for stocks
A visitor looks at screens at the Korea Exchange (KRX) headquarters in Seoul, South Korea, on Wednesday, Dec. 4, 2024. Bloomberg | Bloomberg | Getty Images An extraordinary political drama in South Korea is likely to compound an already gloomy outlook for Asia’s fourth-largest economy, analysts say, although some see reason to be more upbeat […]
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Foot Locker shares tumble 15% as it issues gloomy holiday outlook amid soft demand
Foot Locker store location on 34th street in New York City. Courtesy: Foot Locker Foot Locker slashed its full-year guidance on Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand partner Nike. The sneaker giant fell short of Wall Street’s expectations on the top and […]
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GM expects more than $5 billion impact from China restructuring, including plant closures
Employees work on Buick Envision SUVs at General Motors’ Dong Yue assembly plant, officially known as SAIC-GM Dong Yue Motors Co., Ltd., on Nov. 17, 2022, in Yantai, Shandong Province of China. Tang Ke | Visual China Group | Getty Images DETROIT – General Motors expects a restructuring of its joint venture operations with SAIC […]
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Eli Lilly’s Zepbound causes greater weight loss than Novo Nordisk’s Wegovy in head-to-head trial
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Reuters Eli Lilly on Wednesday said its obesity drug Zepbound led to more weight loss than its main rival, Novo Nordisk‘s Wegovy, in the first head-to-head clinical trial on the weekly injections. The […]
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Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools
Andrew Bailey, governor of the Bank of England, at the central bank’s headquarters in the City of London, U.K., on Nov. 29, 2024. Hollie Adams | Bloomberg | Getty Images Bank of England Governor Andrew Bailey on Wednesday signaled that the U.K. could be on track for four interest rate cuts over the next year, […]
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