Business
Hurricane Ian downgraded to tropical storm as it continues to batter Florida
A flooded street is seen in downtown as Hurricane Ian makes landfall in southwestern Florida, in Fort Myers, Florida, U.S. September 28, 2022. Marco Bello | Reuters Hurricane Ian was downgraded to a tropical storm Thursday morning, but officials have warned the powerful storm that brought life-threatening storm surges, floods that left people stranded in their homes […]
Read More
Peloton will sell Bikes, Treads at Dick’s Sporting Goods in its first brick-and-mortar partnership
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton will begin selling its bikes, treadmills and other products in Dick’s Sporting Goods stores, marking the struggling fitness equipment maker’s latest push to expand its […]
Read More
Buy Rivian now as the stock is poised to surge 85%, Truist says
Shares of electric vehicle maker Rivian are set to surge, making now a good time for investors to buy, according to Truist. The firm on Wednesday initiated coverage of the company with a buy rating and a $65 price target. That signals shares could surge 85% from current levels. Shares of Rivian have declined roughly […]
Read More
5 things to know before the stock market opens Thursday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, September 26, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. So much for that Stocks ripped higher Wednesday after the market digested the Bank of England’s announcement […]
Read More
Bed Bath & Beyond reports 28% drop in sales as it presses ahead with turnaround plan
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond on Thursday said sales plunged by 28% in the fiscal second quarter, as the home goods retailer struggled to draw customers. Here’s how the […]
Read More
Aaron Judge slams 61st home run of 2022, tying the single-season AL record
Aaron Judge #99 of the New York Yankees hits a solo home run in the fifth inning against the Cleveland Guardians at Yankee Stadium on April 22, 2022 in the Bronx borough of New York City. Elsa | Getty Images New York Yankees slugger Aaron Judge belted his 61st home run of the season in Toronto on Wednesday […]
Read More
Coolio, ‘Gangsta’s Paradise’ rapper, dies at 59
Singer Coolio takes part in a panel discussion for his new Oxygen Network reality series “Coolio’s Rules” at the NBC Universal summer 2008 press tour in Beverly Hills, California, U.S. July 20, 2008. Fred Prouser | Reuters Rapper Coolio, known for hits including “Fantastic Voyage” and “Gangsta’s Paradise,” has died at age 59, his manager […]
Read More
U.S., South Korea are working to ‘rectify the problems’ on EV subsidies, South Korea trade minister says
South Korean and U.S. officials are working toward a “concrete proposal” to resolve their differences over electric vehicle subsidies, South Korea’s trade minister told CNBC. “We’ve established a specific dialogue channel to address this particular issue, and we are glad that the U.S. government wholeheartedly engaged with us to rectify the problems,” Ahn Duk-geun told […]
Read More
Vestas launches ‘world’s tallest onshore tower for wind turbines’
A Vestas wind turbine photographed in Denmark. The company said Tuesday it would launch an onshore wind turbine tower with a hub height of 199 meters. Jonas Walzberg | Picture Alliance | Getty Images Danish firm Vestas said Tuesday it was launching an onshore wind turbine tower with a hub height measuring 199 meters (just […]
Read More
India’s startup market may be behind China’s, but it has ‘tremendous potential,’ says Facebook co-founder
India’s startup market is worth betting on, though it’s still “a few years” behind China’s, Facebook co-founder Eduardo Saverin said. During a panel discussion at the Forbes Global CEO Conference in Singapore this week, Saverin said his investment company B Capital is deploying “a lot of dollars” into India and is thinking about the long-term success […]
Read More