Latest in Hit Drone Maker
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Chinese sanctions hit US drone maker supplying Ukraine
Move by Beijing leaves California company rushing to find new battery providersWorld - Financial Times - 7 hours ago -
Here’s Why Drone Maker DJI Sued the Pentagon
The China-based maker of more than half of all commercial drones in the U.S. went to court to fight its placement on a list of companies said to be working with the Chinese military.Business - Inc. - October 21 -
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Drone Hits Building Near Netanyahu’s Home in Coastal Israel
The Israeli prime minister and his wife were not home at the time of the strike, his office said. The episode highlighted the challenge drones pose to Israel’s air defenses.Top stories - The New York Times - October 19 -
Netanyahu’s house hit by drone as Israel and Hezbollah trade blows in Lebanon
Shia group has not claimed responsibility for attack on PM’s home but says it fired several barrages of rockets. Benjamin Netanyahu’s house in the seaside town of Caesarea was hit by a drone on ...World - The Guardian - October 19 -
Earlier Drone Attack From Lebanon Hit Israeli Leader's Home
The disclosure comes as Secretary of State Antony Blinken visits Israel in a fresh push for a cease-fire.World - The Wall Street Journal - October 22 -
Deadly Hezbollah drone attack hits Israeli base and kills 4, injures dozens
A Hezbollah drone apparently made it past Israel's sophisticated defense system and carried out an attack at a military base in central Israel, officials say. CBS News' Ramy Inocencio has more on ...Top stories - CBS News - October 14 -
The widow-maker ETF
People just can’t stop themselves buying TLTWorld - Financial Times - October 22 -
Pokémon maker confirms it was victim of hack
The makers of the hit video game series confirm their servers were accessed by hackers over summer.Top stories - BBC News - October 14 -
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Florida medical device maker Exactech declares bankruptcy
Exactech faces more than 2,000 lawsuits alleging it sold defective knee and hip implants.Top stories - CBS News - Yesterday -
Why Lasers Could Be Kryptonite for Drones
Military lasers have gained ground in recent years because of advances in the technology and a growing need to find more cost-effective weapons amid the increasing threat from unmanned aerial ...Business - The Wall Street Journal - October 14 -
ASML’s stock tumbles after microchip equipment maker warns of slower recovery
ASML Holding, the Dutch microchip-equipment maker, saw its stock slide after saying the market recovery for semiconductors will take longer than expected.Business - MarketWatch - October 15 -
Chrysler and Jeep maker sees North American deliveries dive 36%
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024Business - MarketWatch - October 16 -
Alienation effect: why film-makers can’t get enough of Franz Kafka
A string of auteur directors – from Orson Welles to Steven Soderbergh to Lorenza Mazzetti – have fallen for Kafka’s visionary brilliance, with always-intriguing results. There are director’s cuts, ...World - The Guardian - October 16 -
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 -
Ray-Ban Maker EssilorLuxottica Posts Revenue Increase But Misses Expectations
The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.Business - The Wall Street Journal - October 17 -
Ski-Doo Maker BRP Looks to Shed Struggling Marine Brands
Sea-Doo and Ski-Doo maker BRP said it intends to sell off the majority of its marine businesses, which have been weighed down by softer consumer demand, to focus on powersports products such as ...Business - The Wall Street Journal - October 17 -
AI Boom Is Real---and Really Profitable---Says Chip Maker TSMC
The world’s largest contract chip maker says revenue from AI-related products is expected to triple this year.Business - The Wall Street Journal - October 17 -
Absolut Vodka Maker Pernod Ricard Posts Lower Sales
The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.Business - The Wall Street Journal - October 17 -
Truck maker Volvo's Q3 adjusted profit falls more than expected
Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...Sports - Yahoo Sports - October 18 -
Embraer CEO says jet maker studying possibilities for a new aircraft
The company is focusing on selling its E2 and regional jets and addressing supply chain issues, the CEO said.Business - CNBC - October 18 -
Watch maker Patek Philippe launches first new collection in 25 years
The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand.Business - CNBC - October 18 -
Embraer CEO says jet maker studying possibilities for a new aircraft
Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC.Top stories - NBC News - October 18 -
Boeing workers to vote on ending strike in critical week for plane maker
Union members to consider offer on Wednesday that could restart production stalled for more than a monthBusiness - Financial Times - October 20 -
Starboard reportedly takes big stake in Tylenol maker Kenvue
Activist investor Starboard Value has taken a sizeable stake in Kenvue, the maker of Tylenol and Listerine, and is seeking changes, according to reports Sunday night.Business - MarketWatch - October 21 -
Boeing's CEO Is Shrinking the Jet Maker to Stop Its Crisis From Spiraling
A strike by its machinists union could end soon, but the company remains in a perilous financial position.Business - The Wall Street Journal - October 20 -
Blade Runner 2049 maker sues Musk over robotaxi images
Alcon Entertainment says it denied a request to use material from the film at the Tesla cybercab event.Top stories - BBC News - October 22 -
Tesla earnings are the ‘next big thing’ for the EV maker as it tries to be magnificent again
Tesla’s stock has traded lower after six of its last eight reports, with the average stock price swings of plus or minus 10% in the past eight post-earnings days.Business - MarketWatch - October 22 -
Boeing reports $6bn loss as chief faults ‘serious performance lapses’
Kelly Ortberg calls for cultural change ahead of union vote on whether to end six-week strikeBusiness - Financial Times - October 23 -
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 -
The Maker of Ozempic Is Trying to Block Compounded Versions of Its Blockbuster Drug
Novo Nordisk has asked the FDA to block production of compounded copies of Ozempic, arguing that it’s too difficult to do safely. It’s the latest escalation in a brewing war between pharmaceutical ...Tech - Wired - October 23 -
Lysol Maker Reckitt Benckiser Beats Views as Easing Prices Draw Shoppers
Lysol maker Reckitt Benckiser’s revenue fell by less than expected in the third quarter as declines in sales volumes eased, and confirmed its targets for the full year.Business - The Wall Street Journal - October 23 -
Best Nut Milk Makers We’ve Tested and Reviewed (2024)
These cow-replacing machines turn nuts, oats, and other plants into milk quickly, easily, and automatically.Tech - Wired - 6 days ago -
Hoka shoes are so popular, their maker just crushed quarterly estimates
Deckers Outdoor also guided for a 12% sales increase for fiscal 2025.Business - MarketWatch - 6 days ago -
Foreign appliance maker on Trump tariffs: Risks, opportunities, ‘but mostly uncertainty’
A Swedish appliance maker with factories in the U.S. doesn’t know quite what to make of the possibility of new tariffs in a second Trump presidency.Business - MarketWatch - 5 days ago -
Merger between makers of Coach and Michael Kors handbags halted by judge
Merger between luxury handbag makers would reduce competition and hurt consumers, U.S. District judge says.Top stories - CBS News - 5 days ago -
IV fluid maker says expiration date extensions approved
North Carolina hospitals reeling from Hurricane Helene may soon get some relief from a critical IV fluid shortage. The Food and Drug Administration approved changing the expiration date on ...Politics - The Hill - Yesterday -
Japanese lift maker Fujitec explores sale to private equity
Talks with multiple groups including Sweden’s EQT have taken place in recent monthsWorld - Financial Times - Yesterday -
Cuzen Electric Matcha Maker Review: Great Tea but a Lazy Design
This kitchen gadget provides a way to brew incredibly fresh matcha, but it's really just a glorified tea leaf grinder.Tech - Wired - 20 hours ago