business news
Women athletes now have their own sports network
Finding women’s sports is about to get easier. The first-ever network to focus on female athletes, the Women’s Sports Network, launched Wednesday, offering 24/7 streaming of original programming, competitions, documentaries and a daily studio show “Game On.” The Women’s Sports Network is a free, ad-supported network featured on streaming services including Amazon.com‘s Freevee, Fox Corp.’s […]
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Ye paid a settlement to former employee who alleged he praised Hitler and Nazis during meetings, documents show
LOS ANGELES — Ye, the artist previously known as Kanye West, paid a settlement to a former employee who alleged that the rapper and designer had used antisemitic language in the workplace, according to documents reviewed by NBC News. Additionally, six people who have worked with Ye or witnessed him in professional settings over the past […]
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Twitter proprietor Elon Musk achieved with civil rights leaders Tuesday — here is what took place
Elon Musk comes on the red carpet for the auto awards “Das Goldene Lenkrad” (The golden steering wheel) specified by a German newspaper in Berlin, Germany, November 12, 2019. Hannibal Hanschke | Reuters Times following closing his $44 billion order of Twitter, Elon Musk faced tension from heads of civil rights groups to disallow quite […]
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WWE ends investigation into alleged misconduct by Vince McMahon
World Wrestling Entertainment said Wednesday that a special committee investigating alleged misconduct and secret payments by former CEO Vince McMahon had disbanded. “The Special Committee investigation is now complete and the Special Committee has been disbanded,” the company said in a securities filing. “Management is working with the Board of Directors to implement the recommendations […]
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Qualcomm income up 22% but shares slide on 1st-quarter steering
Cristiano Amon, president and CEO of Qualcomm, speaks all through the Milken Institute World Conference on May well 2, 2022, in Beverly Hills, Calif. Patrick T. Fallon | AFP | Getty Photos Qualcomm shares fell 5% in prolonged trading on Wednesday following the chipmaker documented in-line fiscal fourth-quarter earnings but made available poor to start […]
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Trump Media documents suggest Parler, Rumble as possible merger partners
The Rumble video platform logo on a laptop computer arranged in Hastings on Hudson, New York, on Saturday, Jan. 23, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Trump Media and Technology Group executives named Parler and Rumble as theoretical acquisitions or partners, according to documents provided by co-founder and whistleblower, William Wilkerson, through his […]
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Boeing forecasts jump in aircraft deliveries, up to $5 billion in free cash flow next year
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing is planning to ramp up production and deliveries of new aircraft, propping up its forecast for higher cash in 2023, […]
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Luminar says it has begun production of its automotive lidar units ahead of schedule
Luminar showcased the first passenger vehicle, a Toyota RAV4, fully integrated with the company’s Iris lidar, which is on-track for series production with its partners starting in late 2022. Luminar Automotive sensor company Luminar said it has begun production of its Iris lidar units for an automaker client, a major milestone that it had previously […]
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10-yr Treasury produce turns greater right after Fed’s Powell suggests premiums will go higher than expected
Treasury yields swung wildly Wednesday as traders tried out to decipher the Federal Reserve’s message on its tightening path immediately after the central financial institution authorized a different large fee hike. The generate on the 10-calendar year Treasury previous traded 4 foundation factors larger at 4.09% after slipping down below 4% earlier. The coverage-delicate 2-yr […]
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We still see Estee Lauder shares as a buy on weakness despite downbeat guidance
Estee Lauder (EL) reported a better-than-expected fiscal first quarter, but a downbeat forecast for the rest of its fiscal year sent shares lower Wednesday. However, if not for our Club trading restrictions , we would have been buyers on the weakness. First, the headline numbers: Quarterly revenue declined 11% year over year to $3.93 billion, […]
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