Cannabis Company Medmen Files

Autonomous Trucking Company Aurora Delays Driverless Freight Launch

The Pittsburgh company will not start carrying cargo without drivers until April, when it plans the debut of its Dallas-to-Houston run.

Business - Inc. - 13 hours ago

More Companies Boost Climate and Social Reporting Despite ESG Backlash

Despite sustained pressure from conservative politicians and activists, businesses are responding to investors and regulators who want to know about environmental, social and governance issues.

Business - Inc. - 12 hours ago

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple reported earnings after the bell. Here are the results.

Business - CNBC - 7 hours ago

Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.

Tech - The New York Times - 9 hours ago

Simu Liu criticizes Canadian boba tea company over concerns of cultural appropriation

Actor Simu Liu blasted a pair of Quebec entrepreneurs last week who went on Canada’s version of “Shark Tank” to pitch a drink they say has “transformed” boba tea.

U.S. companies reassert their dominance of Fortune Global 500 ranks vs. rival China

A dramatic turnaround since 2022 represents both China’s struggles and robust performance from U.S. companies.

Business - MarketWatch - October 15

Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company

H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.

Business - MarketWatch - October 14

Junk-rated companies face record refinancing needs above $2 trillion through 2029, Moody’s says

Barring an economic slowdown, market conditions are still favorable, with interest rates expected to continue to come down and investors expected to be receptive to credit markets

Business - MarketWatch - October 14

Ranking worst quarterback contracts in NFL today: Deshaun Watson sits atop list, but Browns bust has company

These are the seven-worst quarterback contracts in football right now

Sports - CBS Sports - October 14

Boeing’s Woes Mount, as Debt, Minimal Income, and a Hardening Strike Risk Bankrupting Company

Boeing announces layoffs and aircraft delays to cut costs, even as it continues racking up billions in losses from a month-long strike becoming more bitter each day.

Business - Inc. - October 14

IRS ruling on 401(k) company matches could open doors to pay off debt

A new Internal Revenue Service ruling on 401(k) company matches could change the way employees apply the contributions made by their employers. CBS News senior business and technology correspondent ...

Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk

Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.

Business - MarketWatch - October 16

Walgreens’ stock has best day in 16 years as company plans to close 1,200 stores

Walgreens’ stock has been hammered this year as consumer shopping patterns have changed, but its CEO says store closures “will realign our footprint to a healthier store base.”