Breaking News: Business
Mindfulness meditation reduces anxiety as much as a common antidepressant drug, study finds
Mindfulness meditation is as effective at reducing anxiety as a commonly prescribed antidepressant, according to a study published in a major journal on Wednesday. The study, led by researchers at Georgetown University Medical Center, is the first randomized clinical trial to compare the effectiveness of mindfulness meditation with the antidepressant escitalopram. The results were published […]
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Judge rejects Walmart’s request for new trial after firing of employee with Down syndrome
Marlo Spaeth (left) was fired from Walmart in July 2015, after working there for nearly 16 years. Her sister, Amy Jo Stevenson, has been in a legal battle with the retail giant since then. She filed a discrimination complaint with the U.S. Equal Employment Opportunity Commission. Amy Jo Stevenson A federal judge has rejected Walmart’s […]
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Kentucky rejects anti-abortion constitutional modification in shock victory for reproductive legal rights
Counter-protestors maintain indicators in front of a rally encouraging voters to vote indeed on Modification 2, which would insert a permanent abortion ban to Kentuckys point out constitution, on the methods of the Kentucky Point out Capitol in Frankfort, Kentucky, on October 1, 2022. Stefani Reynolds | AFP | Getty Images In a shock victory […]
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Volvo reveals new $80,000 electric SUV with Luminar lidar
Volvo’s plans to exclusively sell all-electric vehicles by 2030 kicked off Wednesday with the reveal of its EX90 – the first in a new lineup of EVs for the Swedish automaker. The carmaker is calling the seven-seat SUV its new flagship vehicle, starting at just under $80,000. The company said production of the car is […]
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Tropical Storm Nicole snarls travel in Florida, Orlando airport to suspend flights
This GOES-East GoeColor satellite image taken at 2:36 p.m. EST and provided by NOAA shows Tropical Storm Nicole approaching toward the northwestern Bahamas and Florida’s Atlantic coastline on Tuesday, Nov. 8, 2022. NOAA | AP Tropical Storm Nicole snarled Florida travel on Wednesday, prompting at least one airport to suspend operations as forecasters warned of […]
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AMC Entertainment reports another quarterly loss despite higher revenue
AMC Entertainment on Tuesday reported another quarterly loss despite higher revenue from a year ago, as it spent more on operational costs. The world’s largest movie theater chain is contending with a massive debt load, dilution of its stock and a film release schedule short on blockbusters. While the summer box office was strong, August […]
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Disney wants you to focus on revenue and profit instead of streaming subscribers — just not this quarter
The Disney+ Marvel website home screen on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images The biggest companies in media and entertainment are telling investors to focus on revenue and profit instead of streaming subscriber growth — that message backfired […]
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Sweetgreen shares tumble after salad chain lowers revenue outlook
A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen fell 10% in after-hours trading on Tuesday after the salad chain reported a wider-than-expected loss and lowered its full-year revenue outlook. For 2022, the company now anticipates its […]
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Space company Astra lays off 16% of workforce as it faces rocket development delay, quarterly losses
Astra CEO Chris Kemp speaks inside the company’s headquarters during the company’s “Spacetech Day” on May 12, 2022. Brady Kenniston / Astra Astra announced Tuesday it would lay off about 16% of its employees as the space company faces a pivot in its rocket development program. “Given the challenging macroeconomic environment, we made the difficult […]
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Novavax posts third quarter loss but beats income expectations
In this photograph illustration a silhouette of a person holding a clinical syringe and a vial witnessed displayed in entrance of the Novavax symbol on a display. Cezary Kowalski | Lightrocket | Getty Images Novavax posted an unforeseen loss on Thursday but conquer Wall Street’s revenue expectations for the 3rd quarter. The Covid-19 vaccine maker […]
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