Business
Stocks making the biggest moves midday: Uber, Carnival, Advance Auto Parts, Snowflake and more
Check out the companies making the biggest moves midday: Carnival — The cruise line jumped nearly 7% after beating second-quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of $6.21 billion, […]
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McDonald’s and Krispy Kreme will end doughnut partnership next month
Glazed Krispy Kreme doughnuts. Joe Raedle | Getty Images News | Getty Images Krispy Kreme and McDonald’s are ending their partnership for good. The chain will stop selling its doughnuts at McDonald’s restaurants on July 2, the companies said in a press release Tuesday. McDonald’s USA’s Chief Marketing and Customer Experience Officer Alyssa Buetikofer said […]
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Stocks making the biggest moves premarket: Carnival, Chewy, KB Home, Lockheed Martin and more
Check out the companies making headlines before the bell: Carnival — The cruise line jumped more than 6% after beating second quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of […]
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How Fanatics is teaching business acumen to pro athletes
Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photo by Justin Berl/Getty Images) Justin Berl | Getty Images Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them […]
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Super Micro shares fall on planned $2 billion convertible debt offering
The Super Micro Computer headquarters in San Jose, California, on Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares fell about 6% on Monday after the server maker said it plans to offer $2 billion in convertible notes, maturing in 2030. A company’s stock often falls on the announcement […]
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Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base
Airspace over the Middle East on Monday afternoon EDT, according to FlightRadar24. Courtesy: Flightradar24 Airlines diverted more flights in the Middle East on Monday after Iran’s armed forces said the country launched a missile strike on a U.S. military base in Qatar, exacerbating the region’s military conflict. At least six commercial aircraft turned around near […]
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Novo Nordisk ends deal with Hims & Hers over sales of Wegovy copycats; HIMS drops 20%
The “Wegovy” brand slimming syringe is sold in the Achat pharmacy in Mitte. The “Wegovy” slimming syringe has been available in Germany for a year. Jens Kalaene | Picture Alliance | Getty Images Novo Nordisk on Monday said it is ending its collaboration with Hims & Hers due to concerns about the telehealth company’s sales […]
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New Stellantis CEO faces slew of challenges, vows to avoid ‘mediocrity’
Incoming Stellantis CEO Antonio Filosa, head of the company’s Americas operations, greets a Windsor Assembly Plant employee during an event celebrating Chrysler’s 100th anniversary on June 6, 2025. Stellantis DETROIT — “Mediocrity is not worth the trip.” That was part of incoming Stellantis CEO Antonio Filosa’s first public message after being named to lead the […]
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Major U.S. health insurers say they will streamline controversial process for approving care
UnitedHealthcare signage is displayed on an office building in Phoenix, Arizona, on July 19, 2023. Patrick T. Fallon | Afp | Getty Images Health plans under major U.S. insurers said Monday they have voluntarily agreed to speed up and reduce prior authorizations – a process that is often a major pain point for patients and […]
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FedEx founder and executive chairman Frederick Smith has died, CEO tells staff
Frederick “Fred” Smith, president and chief executive officer of FedEx Corp., listens during the 2013 IHS CERAWeek conference in Houston, Texas, U.S., on Friday, March 8, 2013. Bloomberg | Bloomberg | Getty Images FedEx Corp’s founder and former CEO Frederick Smith, who started the global delivery conglomerate with more than a dozen planes in the […]
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