Business
How Ikea is doubling down on price cuts to attract cost-conscious customers
Swedish meatballs at an IKEA in Causeway Bay is listed as out of stock after after Czech authorities detected horse meat in the company’s meatballs which are supposed to make up of pork and beef only. South China Morning Post | Getty Images Ikea shoppers will see price cuts of up to 50% at many […]
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Asana picks Dan Rogers, formerly of ServiceNow, to replace CEO Dustin Moskovitz
Lisbon , Portugal – 12 November 2024; Dan Rogers, CEO, LaunchDarkly, on SaaS Summit stage during day one of Web Summit 2024 at the MEO Arena in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty Images Collaboration software maker Asana said Wednesday it has chosen former Rubrik and ServiceNow executive Dan Rogers to be its […]
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Micron reports earnings, revenue beat and issues strong forecast
Micron CEO Sanjay Mehrotra speaks before President Joe Biden delivers remarks on the CHIPS and Science Act and his Investing in America agenda, at the Milton J. Rubenstein Museum in Syracuse, New York, April 25, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Micron shares rose in extended trading on Wednesday after the chipmaker reported […]
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Airport lounges, Europe and premium class are on the table, Southwest CEO says
A Southwest Airlines Boeing 737 MAX8 departs from San Diego International Airport to Chicago on March 4, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images ARLINGTON, Texas — Southwest Airlines is considering airport lounges, more premium seating and even long-haul international flights to win over high-spending customers, CEO Bob […]
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Nvidia CEO says robotics is chipmaker’s biggest opportunity after AI
Jensen Huang, CEO of Nvidia, is seen on stage next to a small robot during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Gonzalo Fuentes | Reuters Nvidia CEO Jensen Huang said that, other than artificial intelligence, robotics represents the chipmaker’s biggest […]
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Stocks making the biggest moves midday: AeroVironment, BP, Flagstar, QuantumScape and more
Check out the companies making the biggest moves midday: AeroVironment — The defense contractor rallied more than 22% after reporting better-than-expected results for its fiscal fourth quarter. AeroVironment earned $1.61 per share, excluding certain items, on revenue of $275.1 million. Analysts polled by FactSet expected a profit of $1.38 per share on revenue of $241.5 […]
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Nvidia shares head for record close as Wall Street shrugs off China concerns
Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Gonzalo Fuentes | Reuters Nvidia shares rose nearly 3% on Wednesday and headed for a record close for the first time since […]
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CDC vaccine panel holds first meeting since RFK Jr. put immunization critics in place
A general view of the Centers for Disease Control and Prevention (CDC) headquarters in Atlanta, Georgia. Tami Chappell | Reuters A crucial government panel of vaccine advisors will hold its first meeting Wednesday since Health and Human Services Secretary Robert F. Kennedy Jr. appointed several vaccine critics to the group. Earlier this month, Kennedy in […]
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Women’s Tennis Association extends media rights deal with Tennis Channel through 2032
Coco Gauff of the United States lifts the winners trophy after her victory against Aryna Sabalenka in the Final of the Women’s singles competition on Court Philippe-Chatrier during the 2025 French Open Tennis Tournament at Roland Garros on June 7, 2025, in Paris, France. Sipa via AP Images The Tennis Channel is extending its deal […]
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Tesla’s European car sales nosedive for fifth month as customers switch to Chinese EVs
A group of activists criticizing Elon Musk and Tesla’s policies hold a protest outside a Tesla dealership in London’s Park Royal district, on April 12, 2025 in United Kingdom. Anadolu | Anadolu | Getty Images Tesla new car sales in Europe fell for a fifth straight month in May, according to data from the European […]
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