Latest in Propel Company
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Billions in taxes hang in balance for US companies as election nears
Research shows Trump’s tax cuts led to expanded corporate investment — and a spike in share buybacksWorld - Financial Times - Yesterday -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - Yesterday -
Why GitHub’s Deal With Anthropic and Google Will Help Your Company’s Coders
GitHub is already a useful time-saving tool for developers, but with new AI powers injected from Google and Anthropic, it’s getting even smarter—and highlighting the future of writing code.Business - Inc. - Yesterday -
Ghost jobs: why do 40% of companies advertise positions that don’t exist?
A survey has revealed that the practice is widespread, with many companies going as far as fake-interviewing too. Name: Ghost jobs.. Age: Old, but increasingly common. Continue reading...World - The Guardian - Yesterday -
How Mark Douglas Decides It’s Time for a Company to Take Its Next Steps
MNTN’s president and CEO finds passionate customers can help bring companies to the next level.Business - Inc. - Yesterday -
Reddit shares soar after company turns first-ever profit
Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...World - The Guardian - Yesterday -
Companies are increasingly talking about tariffs as Election Day nears
Republican presidential nominee Donald Trump described “tariff” as his favorite word earlier this month, and it’s increasingly a word that’s coming up in S&P 500 companies’ quarterly earnings ...Business - MarketWatch - 15 hours ago -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - Yesterday -
EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - Yesterday -
Robinhood earnings disappoint Wall Street despite company’s upward trajectory
The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.Business - MarketWatch - Yesterday -
Chinese smartphone company Honor gets new investors as it gears up for IPO
Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.Business - CNBC - 22 hours ago -
Jack Dorsey's payments company Block expands corporate card service to the UK
Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.Business - CNBC - 18 hours ago -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - 10 hours ago -
Bristol Myers’s stock pops as earnings top estimates and company raises guidance
The company says it “made important strides in the third quarter.”Business - MarketWatch - 12 hours ago -
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. - 7 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. - 6 hours ago -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - 1 hour 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 - 4 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.Top stories - The New York Times - 3 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.Top stories - NBC News - October 13 -
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 marketsBusiness - 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 nowSports - CBS Sports - October 14