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Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
Starbucks’s New CEO Just Revealed a Brilliant Master Plan to Turn the Company Around. It All Starts With 4 Words
Brian Niccol’s new four-word goal for Starbucks is brilliant in its simplicity. But there’s more than meets the eye.Business - Inc. - October 31 -
Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal
Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.Business - MarketWatch - November 1 -
Charter’s broadband saga may have bottomed. Has its stock done the same?
Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.Business - MarketWatch - November 1 -
Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network
The U.S. Air Force began deploying the Global Positioning System (GPS) nearly 50 years ago, critical infrastructure to both the military and economy.Business - CNBC - November 1 -
Dominion Energy is discussing small nuclear reactors with other tech companies after Amazon agreement
Tech companies are investing in nuclear power as they hunt for carbon-free, reliable electricity to support artificial intelligence data centers.Business - CNBC - November 1 -
Microsoft workers fired over Gaza vigil say company ‘crumbled under pressure’
Abdo Mohamed and Hossam Nasr organized event outside headquarters to reject company doing business in Israel. Two Microsoft employees who were fired last week after organizing a vigil for ...World - The Guardian - November 2 -
Cadbury’s ‘snack right’ slogan is hard to swallow when the company is a sponsor of war | Catherine Bennett
While owner Mondelēz continues to do business in Russia, should we truly just ‘enjoy the moment’? . On its bicentenary the chocolate maker Cadbury is keener than ever to remind consumers of its ...World - The Guardian - November 3 -
Sen. Marco Rubio says Chinese hacking of U.S. telecom companies is "very serious"
Republican Sen. Marco Rubio, who is on the Senate Intelligence Committee, tells "Face the Nation with Margaret Brennan" that as "time goes on, we're going to learn more" about Chinese hacking of ...Top stories - CBS News - November 3 -
The year's top tech stock is up 300% thanks to AI — but it's not Nvidia
With its stock having quadrupled this year, AppLovin has outperformed all other U.S. tech companies valued at $5 billion or more.Business - CNBC - November 4 -
Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement
Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in a first-of-its-kind deal.Business - CNBC - November 4 -
Here’s How Microsoft Will Generate Revenue From Your Company’s Old Windows 10 Computers
Microsoft’s Windows 11 operating system has been out since 2021, but many users are resisting upgrading from Windows 10. Microsoft will charge for security updates to push them to switch.Business - Inc. - November 4 -
China's Hisense aims to become the No. 1 TV company in the U.S. within 2 years, top executive says
Catherine Fang, president of Hisense International, spoke with CNBC in an exclusive interview Monday.Business - CNBC - November 5 -
Archer Daniels’ stock slides 8% on profit warning as company says it will restate past financials
Archer Daniels Midland Co.’s stock tumbled 6% early Tuesday, after the food-processing and ethanol giant published guidance for the third quarter that lags estimates and said it would restate prior ...Business - MarketWatch - November 5 -
Nvidia briefly overtakes Apple as world's most valuable company—it began in a breakfast booth at Denny's
Nvidia briefly surpassed Apple as the world's most valuable company by market cap on Monday. Here's the story behind the AI chipmaker's unlikely rise.Business - CNBC - November 5 -
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Super Micro, the embattled server maker, reported preliminary first-quarter results on Tuesday.Business - CNBC - November 5 -
Perplexity Dove Into Real-Time Election Tracking While Other AI Companies Held Back
The controversial AI search engine, accused of aggressively scraping content, went all in on providing AI-generated election information.Tech - Wired - November 6 -
Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White HouseTech - ABC News - November 6 -
Haley: Election should be wake-up call for 'woke' companies, government, Democrats and Republicans
Former Republican White House candidate Nikki Haley argued the results of this week's election — in which her former primary rival, President-elect Trump, defeated Vice President Harris — should be ...Politics - The Hill - November 7 -
Guac-Tech? Why This Food Delivery Startup Is Set to Acquire the Company Behind Chipotle’s Avocado Robots
Exclusive: Serve Robotics will purchase Vebu, which makes the Autocado machine, in an all-stock deal.Business - Inc. - November 7