Business
Apple beats but comes up light on iPhone sales and services
Apple reported fiscal fourth-quarter earnings on Thursday that beat Wall Street expectations on revenue and earnings per share. However, Apple came up short versus revenue expectations in core product categories including the company’s iPhone business and services. Apple shares fell over 1% in extended trading. Here is how Apple did versus Refinitiv consensus estimates: EPS $1.29 […]
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Intel announces up to $10 billion in expense reductions as a result of 2025
Intel CEO Pat Gelsinger speaks through the Mobileye World-wide Inc. IPO at the Nasdaq MarketSite in New York on Oct. 26, 2022. Mobileye World wide Inc., the self-driving technology business owned by Intel Corp., priced just one of the greatest US original community choices of the year previously mentioned its marketed selection to raise $861 […]
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Trump criticizes PGA Tour, says ‘Saudis have done a fantastic job’ with LIV
Former U.S. president Donald Trump speaks during a rally in Robstown, Texas, U.S., October 22, 2022. Go Nakamura | Reuters Donald Trump on Thursday again praised Saudi-backed golf venture LIV, which is in the middle of a political and legal battle with the PGA Tour and other American golf interests. The former president’s Doral club […]
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Auto dealer stocks rally despite Wall Street’s ‘demand destruction’ theory
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT – Shares of AutoNation, Group 1 Automotive and other automotive dealers rallied Thursday following strong third-quarter earnings and optimistic outlooks regarding consumer demand for new vehicles. The results and comments followed concerns […]
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American Airlines offers pilots higher raises in new contract proposal
Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport. Mike Stone | Reuters American Airlines‘ pilots union is weighing an offer for higher raises in a new two-year contract proposal, the latest attempt to seal up a labor deal at the country’s largest airline. If approved […]
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NASA says its annual economic output is triple the agency’s budget
Astronauts flying on SpaceX’s Crew-5 mission for NASA stand in front of the agency’s worm logo during a countdown dress rehearsal on Oct. 2, 2022, at Kennedy Space Center in Florida. SpaceX The National Aeronautics and Space Administration on Thursday said its annual economic output is three times the size of its yearly budget. In […]
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New Covid boosters aren’t better than old shots at neutralizing omicron BA.5, early studies find
The new COVID-19 booster which includes protection for Omicron at AltaMed Health Services in South Gate on Thursday, October 6, 2022. Sarah Reingewirtz | MediaNews Group | Los Angeles Daily News via Getty Images Two studies are raising doubts about whether the new omicron BA.5 booster really will offer better protection against Covid than the […]
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Beer is on pace to lose its leading share of the U.S. alcohol market as spirits surge
Witthaya Prasongsin | Moment | Getty Images Beer is taking up less of the American booze market as beverage companies flood the market with buzzy new drink categories, including ready-to-drink cocktails. Even legacy beer companies have expanded outside of their staple beer products with innovations for spirits drinkers. Anheuser-Busch InBev, the world’s largest brewer, has […]
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Buffalo Bills unveil first design images of their new $1.4 billion stadium
Proposed stadium for the Buffalo Bills Source: The Buffalo Bills The Buffalo Bills have released the first images of their eagerly awaited new stadium, which is set to be completed in 2026. Created in conjunction with Legends and the architectural firm Populous, the open air stadium will be built across from Highmark Stadium in Orchard […]
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Fb used to be a Huge Tech large — now Meta is just not even in the prime 20 most useful U.S. providers
Mark Zuckerberg for the duration of Metaverse conversation on CNBC Supply: CNBC Sixteen months after Facebook crossed $1 trillion in marketplace cap, signing up for an distinctive club consisting of Apple, Microsoft, Alphabet and Amazon, its guardian enterprise Meta is really worth significantly less than Household Depot and scarcely additional than Pfizer and Coca-Cola. Far […]
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