Latest in Peloton shares soar 35% as turnaround plan takes hold, losses shrink
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Chapel Down shares plunge after winemaker pulls back on sale plans
England’s largest producer says it will remain independent and also downgrades sales guidanceWorld - Financial Times - October 25 -
HSBC shares surge on another $3 billion buyback plan and earnings beat
HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.Business - MarketWatch - October 29 -
Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.Business - MarketWatch - October 17 -
Boeing reports $6.1 billion loss as strike takes toll on plane maker
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.Top stories - CBS News - October 23 -
NHS needs better plan around weight loss jabs, warn experts
Experts call for an urgent review of obesity treatment services amid booming demand for weight loss jabs.Top stories - BBC News - October 16 -
Novavax says FDA put hold on combination Covid-flu shot and influenza vaccine; shares plunge
The so-called clinical hold is due to a single report of nerve damage in a patient who received the combination shot in a phase two trial.Business - CNBC - October 16 -
Professors Worry Their Power Is Shrinking at Universities
Faculty members are used to sharing power with presidents and trustees to run universities. But some presidents and lawmakers have made moves to reduce their say.Top stories - The New York Times - November 2 -
Holiday shoppers plan to spend more while taking on debt this season
Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.Business - CNBC - October 16 -
Mexico announces food and agriculture plan that could take the country back to the 1980s
Mexico's new president has announced an agriculture plan that could make the country's food production and distribution look a lot more like it did in the 1980sWorld - ABC News - October 22 -
China’s largest coffee chain plans to take on Starbucks in US
Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and finedBusiness - Financial Times - October 29 -
Biden admin is planning for a possible migrant surge before Trump takes office
The Biden administration is making contingency plans for a possible spike in immigration ahead of a Trump presidency, according to two U.S. officials.Top stories - NBC News - 5 days ago -
Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise
Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisitionBusiness - MarketWatch - October 23 -
Moderna posts surprise profit as Covid vaccine sales impress, cost cuts take hold
Moderna said its newest Covid vaccine saw benefits after winning approval in the U.S. three weeks earlier than the last iteration of the shot did in 2023.Business - CNBC - 5 days ago -
Watch live: White House holds press briefing amid Israel war plan leak
White House press secretary Karine Jean-Pierre will brief the press Wednesday afternoon, days after an apparent U.S. intelligence breach related to Israel's plans to strike Iran was unveiled. The ...Politics - The Hill - October 23 -
Trump's win maintains his hold on the GOP. It also kicks off plans for a succession.
Donald Trump’s return to the presidency has done something no political opponent could: put an end date on his time atop the Republican Party.Top stories - NBC News - 4 days ago -
Why Wall Street may hold the ultimate veto power over Trump budget plans
Wall Street investors are bracing for a battle over Trump policies and plans that risk ballooning the U.S. debt load.Business - MarketWatch - 4 days ago -
United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback
United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.Business - CNBC - October 16 -
Ulta Beauty unveils $3 billion share buyback program and plans to open 200 new stores in next three years
Ulta Beauty Inc. announced a new $3 billion share buyback authorization on Wednesday and said it plans to open 200 new stores over the next three years.Business - MarketWatch - October 16 -
Kate Bush shares plans to make new music: ‘I’ve got lots of ideas’
In rare interview to coincide with release of her short film, English singer says she’s ‘really looking forward to getting back into that creative space’. Kate Bush has said she’s “very keen” to ...World - The Guardian - October 25 -
Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans
The automaker posted disappointing second-quarter results and announced reductions in production and staff.Business - CNBC - 4 days ago -
Intel CEO’s turnaround mirrors some moves by Steve Jobs. But is it too late?
Intel Corp. Chief Executive Pat Gelsinger gave a few important details Thursday about the company’s ongoing restructuring that mirrored some of the moves that Steve Jobs made at Apple — but it may ...Business - MarketWatch - November 1