Business
‘Avatar: The Way of Water’ makes $17 million in Thursday previews, driven by big 3D sales
James Cameron’s “Avatar: The Way of Water” snared $17 million during its Thursday night previews on its way towards a $175 million opening weekend. The number itself is not particularly remarkable compared to other cinematic releases this year, but the percentage of tickets that were sold for 3D and premium format screenings is quite notable. […]
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Space company Maxar agrees to go private in $6.4 billion deal
Inside the company’s Palo Alto, California manufacturing facility, Maxar Space imagery and infrastructure company Maxar on Friday announced an agreement to go private through an acquisition led by Advent International. The all-cash deal gives Maxar an enterprise value of about $6.4 billion. Private equity firm Advent is taking a $3.1 billion stake in Maxar, with […]
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U.S. safety regulators investigating GM’s Cruise robotaxis blocking traffic, causing collisions
A Cruise vehicle in San Francisco, California, on Wednesday Feb. 2, 2022. David Paul Morris | Bloomberg | Getty Images U.S. automotive safety officials have opened a formal probe into the autonomous driving system used by General Motors’ self-driving vehicle unit Cruise. The National Highway Traffic Safety Administration said it has received complaints about the […]
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Olive Garden parent company Darden beats estimates, raises outlook
An Olive Garden restaurant in Times Square in New York Richard Levine | Corbis | Getty Images Darden Restaurants on Friday reported quarterly earnings and revenue that beat Wall Street’s expectations, as consumers continued to eat out despite pressure from inflation. The company also raised its earnings outlook for fiscal 2023 to a range of $10.3 billion […]
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5 things to know before the stock market opens Friday
Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. Desperately seeking Santa Ho ho ho? More like, no no no. It’s been a […]
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Planned wind farm informed it will need to shut down for 5 months a calendar year to shield parrots
An Orange-Bellied Parrot perched on the edge of a feeding bowl. The species is listed as getting critically endangered. Margot Kiesskalt | Istock | Getty Illustrations or photos Designs for a major new wind farm in Australia ended up presented the thumbs up this thirty day period — on the provision its turbines go offline […]
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BP invests millions in company that supplies ‘rapidly deployable’ solar tech
The BP logo displayed outside a gas station in England on August 15, 2022. Matt Cardy | Getty Images News | Getty Images BP said it is investing 20 million Australian dollars ($13.53 million) in Australian renewable company 5B, which specializes in solar technology. The energy major said the investment in 5B — made via […]
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Cramer’s lightning round: You can pick up some shares of IBM on Friday
Oshkosh Corp: “I think it’s a slow grower. Could be real interesting, though.” Incyte Corp: “Very, very fine drug company. I’ve always liked it.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth and invest smarter. Source
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