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Category Archives: Uncategorized

‘Mean Girls’ is the Queen Bee of the box office, opens to $28 million

Paramount’s “Mean Girls” opened to an estimated $28 million at the domestic box office, on its way to a $32 million take for the holiday […]

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Biotech and pharma companies are betting on a promising class of cancer drugs to drive growth

The JPMorgan Healthcare Conference was likely just the beginning of another year of heightened interest and investments in ADC cancer drugs.

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Goldman Sachs tops revenue estimates on better-than-expected asset management results

Hope is building that Goldman Sachs can turn a corner after pivoting away from CEO David Solomon’s failed consumer banking efforts.

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The Rubik’s Cube turns 50: How a 3-by-3 grid captured hearts and market share

The cube claims 42% market share in the brain teaser category, and in 2022 brought in $75.3 million in global retail sales.

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Flight cancellations pile up as winter storm, 737 Max 9 grounding disrupt travel

Airlines canceled about 2,000 U.S. flights Friday, as they grapple with winter weather and the grounding of the 737 Max 9. 

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Space company Momentus, once valued at more than $1 billion, is running dangerously low on money

Space company Momentus warned shareholders in a securities filing on Friday that the company is running out of money and does not have a financial […]

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FAA says it will audit Boeing’s production line after 737 Max 9 accident

The FAA’s announcement comes a week after a door plug blew out on an Alaska Airlines 737 Max 9.

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New York and California make retail theft a 2024 priority: ‘We mean business’

New York and California have named retail crime as a top priority in 2024 and are proposing new legislation and funding to tackle theft.

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Citigroup posts $1.8 billion fourth-quarter loss after litany of charges

Citigroup CEO Jane Fraser announced plans for a sweeping corporate reorganization in September after previous efforts failed to boost the bank’s share price.

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Delta more than doubles fourth-quarter profit, but trims 2024 earnings forecast

Delta is the first of the major U.S. carriers to report earnings this period.

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