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Super Micro Computer's shares plunge 33% after server maker's accounting firm quits

Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as its public accounting firm

Tech - ABC News - 8 hours ago

The widow-maker ETF

People just can’t stop themselves buying TLT

World - 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.

Mega-mileage campervan fails to meet his maker

World - Yahoo News - October 18

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

Florida medical device maker Exactech declares bankruptcy

Exactech faces more than 2,000 lawsuits alleging it sold defective knee and hip implants.

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 2024

Business - 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.

Chinese Drone Maker DJI Sues Pentagon for Military Designation

World - Yahoo News - October 19

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 month

Business - 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.

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 strike

Business - 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.

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.

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 months

World - 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 - 16 hours ago

Chinese sanctions hit US drone maker supplying Ukraine

Move by Beijing leaves California company rushing to find new battery providers

World - Financial Times - 3 hours ago

All British cinema is propaganda: how our film-makers are unwittingly reshaping the world

Propaganda films didn’t end after the war. Instead they became a tool for packaging our cultural heritage, promoting tourism and transforming British culture. During the second world war, British ...

World - The Guardian - October 15

Wolfspeed, a Maker of EV Chips, Gets $750 Million in Grants for North Carolina Plant

The government money, and matching funds from a group of financial firms, will be used for its new silicon carbide wafer plant in the Research Triangle area.

Business - Inc. - October 15

Spanish train maker Talgo in rival deal talks after Hungary-backed bid

Company ‘analysing a possible transaction’ with steelmaker Sidenor

World - Financial Times - October 21

Mother says AI chatbot led her son to kill himself in lawsuit against its maker

Megan Garcia said Sewell, 14, used Character.ai obsessively before his death and alleges negligence and wrongful death. The mother of a teenager who killed himself after becoming obsessed with an ...

World - The Guardian - October 23

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