Even though rates moved higher, mortgage demand rose last week. It was still lower than the same week one year ago.
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Adidas warns of first annual loss in three decades and cuts dividend after Ye split
Adidas on Wednesday reported a substantial fourth-quarter loss and slashed its dividend, following the costly termination of its partnership with Kanye West’s Yeezy brand in […]
Continue readingRupert Murdoch suggested Fox News hosts ‘went too far’ with election fraud claims
Dominion Voting Systems and Fox each released hundreds of documents on Tuesday revealing findings from the $1.6 billion discovery process
Continue readingNTSB opens probe into Norfolk Southern safety practices after 5 recent incidents
The National Transportation Safety Board has opened a special investigation into Norfolk Southern after recent derailments in Ohio.
Continue readingWeightWatchers stock surges 70% after company agrees to buy obesity treatment platform
WeightWatchers has agreed to acquire telehealth obesity treatment company Sequence.
Continue readingGlobal brands look to boost media investment in women’s sports through a new partnership, The Women’s Sports Club
Global brands such as Nike, Coca-Cola and Delta are coming together to elevate investment in women’s sports.
Continue readingDick’s Sporting Goods smashes same-store sales expectations for holiday quarter
Dick’s Sporting Goods same-store sales increased 5.3% in the fourth quarter, more than double analyst’s estimates of 2.1%.
Continue readingSatellite imagery company BlackSky sees quarterly losses slow as it adds another military contract
Satellite imagery specialist BlackSky announced a multiyear defense contract worth over $150 million for an unnamed international government customer.
Continue readingRivian shares fall as EV maker looks to raise $1.3 billion amid growing demand concerns
The EV maker had $12.1 billion on hand as of the end of 2022, enough to fund its operations through 2025.
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