Primark owner’s profits soar as investments provide boost
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Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.
Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - World -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business -
China Is Finally Getting Serious About a Housing Rescue
Beijing has announced a plan to clear the backlog of unsold homes, but questions remain over the scale and financing of the program.The Wall Street Journal - World - China -
China Consumption and Investment Slow Unexpectedly
China’s consumption and investment slowed in April, while industrial output beat expectations as Beijing doubled down on its manufacturing drive to spur growth.The Wall Street Journal - World - China -
Insurer warns owners of ‘Saltburn effect’ from using stately homes for filming
Owners of historic buildings used in likes of Bridgerton warned of potential damage to possessions and reputations. When the owner of Drayton House in Northamptonshire was approached to allow his 127-room mansion to be the location of a film ...The Guardian - World -
Cartier Owner Richemont Names Van Cleef & Arpels Head as New CEO
Richemont said Nicolas Bos will replace Jerome Lambert as its CEO, tapping a company veteran who most recently led its French jewelry brand Van Cleef & Arpels as the luxury industry navigates a slowdown in spending.The Wall Street Journal - World -
Wife, daughter of Chiefs owner back Harrison Butker amid controversy
Tavia and Gracie Hunt, the wife and daughter of Kansas City Chiefs owner Clark Hunt, backed Harrison Butker, the team’s kicker, after a commencement speech he delivered about women and family roles drew controversy. In an address last Saturday at ...The Hill - Politics - NFL -
Cartier Owner Richemont Names Van Cleef & Arpels Head as New CEO
Richemont said Nicolas Bos will replace Jerome Lambert as its CEO, tapping a company veteran who most recently led its French jewelry brand Van Cleef & Arpels as the luxury industry navigates a slowdown in spending.The Wall Street Journal - Business -
UK pension providers in backlash over green league tables
Carbon footprint of plans revealed for the first timeFinancial Times - World - United Kingdom -
Investing in Space: Boeing inches closer to Starliner launch
Boeing's Starliner spacecraft is finally at the pad and on the eve of carrying astronauts. It's a debut that is imminent, yet feels bizarrely inconsequential.CNBC - Business -
Thames Water’s biggest shareholder writes off investment
Move by Canadian pension fund is sign of escalating financial crisis at UK’s largest water supplierFinancial Times - Business -
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemesFinancial Times - World -
U.S. military finishes installing offshore pier to provide aid to Gaza
The U.S. military says it's installed the temporary pier that will be used to bring humanitarian aid into Gaza, and trucks carrying the aid should begin "moving ashore in the coming days."CBS News - Politics -
Jayson Tatum provides priceless birthday gift for Ciara and Russell Wilson's son
Ciara and Russell Wilson's son, Future, met Jayson Tatum and received the Celtics star's signed shoes for his 10th birthday.ESPN - Sports -
Ukraine Asks U.S. to Provide More Intelligence on Targets in Russia
American officials say they do not want U.S. weapons used in cross-border attacks or intelligence reports used to strike inside Russia.The New York Times - Top stories - Ukraine -
EU investigates Facebook owner Meta over child safety and mental health concerns
Company’s social media platforms, which also include Instagram, may have addictive effects, says European Commission. • Business live – latest updates. The European Commission has opened an investigation into the owner of Facebook and Instagram ...The Guardian - World - European Union -
Chris Paul the NBA team owner? Future Hall of Famer open to owning his hometown Hornets or an expansion team
Paul is nearing the end of his playing career, but still wants to be involved in the NBA and WNBA when he retiresCBS Sports - Sports - NBA -
Angry Tesla Owners Will Take EV Maker to Court Over Self-Driving Autopilot Claims
A judge declined to throw out the class action suit against Tesla brought by buyers who said the company's self-driving tech forecasts were misleading.Inc. - Business - Tesla -
Mets owner Steve Cohen denies team is planning to sell at trade deadline despite now-deleted tweet
The Mets sit in fourth place in the NL East at 19-23CBS Sports - Sports -
Shares of Cartier owner Richemont climb on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia-Pacific spending waned.CNBC - Business -
Chevy Bolt owners win $150 million settlement after EVs caught fire
Some owners of the electric vehicle will be eligible for compensation of up to $1,400 because of a battery problem that caused fires.CBS News - Top stories -
Chevy Bolt owners to receive settlement checks after successful class-action suit over faulty batteries
Chevy Bolt owners are eligible for settlement checks as part of a $150 million class-action settlement with General Motors and South Korean industrial group LG over faulty batteries.NBC News - Top stories