Philip Morris beat quarterly earnings estimates and missed revenue expectations, but sales of heated tobacco and oral nicotine products were strong.
Continue readingCategory Archives: Uncategorized
Golf league founded by Woods, McIlroy announces ownership team led by Marc Lasry, Steph Curry
TGL announces a San Francisco ownership group led by Marc Lasry and Steph Curry.
Continue readingSanofi to offer insulin product for $35 to all Americans through GoodRx
The effort comes after Sanofi, Eli Lilly and Novo Nordisk announced sweeping insulin price cuts earlier this year.
Continue readingSeptember home sales drop to the lowest level since the foreclosure crisis
There were 1.13 million homes for sale at the end of September, down more than 8% from a year ago.
Continue readingNetflix stock surges 16% after Wall Street buys into ad-driven subscriber growth
Netflix said its ad-based tier saw a 70% jump in subscribers.
Continue readingKohl’s holiday look previews the retailer’s plans to snap out of sales slump
The holiday season is the first overseen by Kohl’s new CEO, Tom Kingsbury, and chief merchant Nick Jones.
Continue readingShein, the fast fashion darling mulling a U.S. IPO, opens up about forced labor, data privacy
Shein, the Chinese-founded fashion giant that has taken the retail industry by storm, will have to clear a slew of hurdles if it wants to […]
Continue readingAmerican Airlines posts third-quarter loss and trims 2023 profit forecast
American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year.
Continue readingSpaceX, Blue Origin, Virgin Galactic executives urge senators to improve the FAA
Executives from top U.S. space companies called for improvements to the FAA’s regulatory and licensing process during a Senate hearing on Wednesday.
Continue readingDisney gives investors a look at ESPN financials, including recent revenue declines
Disney reorganized its corporate structure earlier this year, splitting ESPN and sports apart from its entertainment segment.
Continue reading