Author: Admin
Feds: Intruder killed at Peruvian ambassador’s residence
Washington Metropolitan Police Chief Robert Contee III, speaks to reporters near the Peruvian ambassador’s residence in northwest Washington, Wednesday, April 20, 2022. Manuel Balce Ceneta | AP U.S. Secret Service officers shot and killed an intruder who was smashing windows at the residence of the Peruvian ambassador to the United States in Washington on Wednesday, […]
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Netflix hit with 10 downgrades as Wall Street analysts bail after ‘shocking’ subscriber loss
Shares of Netflix sank more than 20% in extended trading after a big miss on subscribers in the first quarter. Source
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Lululemon aims to double sales to $12.5 billion by 2026, eyeing even bigger men’s business
A customer looks at athletic apparel inside a Lululemon store. Xaume Olleros | Bloomberg | Getty Images Lululemon aims to double its 2021 revenue in the next five years, putting it on track to hit $12.5 billion in sales by 2026, as the retailer rides a wave of Covid pandemic-fueled demand for workout clothes. Lululemon […]
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William Husel, Ohio doctor accused in 14 high-dose fentanyl deaths, acquitted of murder
William Husel stands during a short break in his trial on Tuesday., Feb. 22, 2022 at the Franklin County Common Pleas Courthouse in Columbus, Ohio. Fred Squillante | The Columbus Dispatch via AP An Ohio doctor was acquitted Wednesday of hastening the deaths of multiple critically ill patients by ordering large doses of the powerful painkiller fentanyl. […]
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Netflix stock plunges 36% on shocking subscriber loss
Reed Hastings, founder, Netflix speaks onstage at 2019 New York Times Dealbook on November 06, 2019 in New York City. Michael Cohen | Getty Images Shares of Netflix plunged 36% Wednesday morning after the streamer reported earnings Tuesday evening that showed it lost subscribers in its most recent quarter and gave a weak outlook. The […]
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Richard Branson says individuals, governments should cap their energy use to help end the war in Ukraine
Virgin Group founder Richard Branson on Wednesday called on individuals and governments to cap their driving speeds and turn down their heating in a bid to reduce reliance on Russian energy and bring about an end to the war in Ukraine. The billionaire entrepreneur told CNBC that small personal sacrifices could reduce demand for Russian […]
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Goldman executive who helped create Marcus brand leaves for real estate investing start-up Cadre
Dustin Cohn, chief marketing office of Cadre Source: Cadre Goldman Sachs consumer bank branding chief Dustin Cohn has joined real estate investing start-up Cadre as chief marketing officer, CNBC has learned. The departure of Cohn, who is credited with helping name the firm’s consumer division Marcus in 2016, is the latest in a wave of […]
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Philadelphia keeps indoor mask mandate in place despite Florida judge ruling against CDC
A shopper wearing a protective mask as a precaution against the spread of the coronavirus selects fruit at the Reading Terminal Market in Philadelphia. Matt Rourke | AP Philadelphia health officials are keeping the city’s newly reinstated indoor mask mandate in place despite a federal judge’s ruling in Florida that struck down a federal requirement […]
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Energy giants Siemens Gamesa and SSE agree $628 million deal amid rising costs and profit warnings
Details of the agreement between SSE and SGRE were announced on the same day the latter released preliminary results for the second quarter, reporting revenue of around 2.2 billion euros and an operating loss of roughly 304 million euros. Paul Ellis | AFP | Getty Images Siemens Gamesa Renewable Energy has agreed to sell assets […]
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Here’s what the analyst who predicted Netflix’s struggles says is next for the stock
Needham’s Laura Martin downgraded Netflix more than two years ago, and her predictions have proved prescient. Source
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