Shein backlash fails to deter shoppers at the fast-fashion giant
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Business
Energy stocks are off to a blockbuster start in 2025 after back-to-back years of underperformance
Energy stocks have surged 5% so far this year, outpacing the S&P 500 index's 1% loss after lagging the market for the last two years.
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15 Jan, 02:46 AM
Starbucks modifies rules surrounding bathroom use
Company issues a ‘Code of Conduct’ that will be posted in all its coffeehouses
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15 Jan, 02:45 AM
Mark Wiedman, a top BlackRock exec thought to be Fink's successor, is leaving the company
Wiedman, head of the global client business, was instrumental in driving BlackRock's growth in passive investing.
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15 Jan, 02:43 AM
Woodford Reserve’s parent company is cutting nearly 700 jobs as spirit sales sink | CNN Business
Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying off approximately 12% of its 5,400 global workforce amid a downturn in sales for spirits.
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15 Jan, 02:42 AM
Why Eli Lilly, Novo Nordisk, and Viking Therapeutics Stocks All Dropped on Tuesday
Bad news for Eli Lilly (NYSE: LLY) stock dragged down shares of rival companies in the market for GLP-1 diet drugs on Tuesday. Lilly updated investors on its expected revenue for 2024 this morning, and gave new guidance for 2025 revenue as well -- and wh...
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15 Jan, 02:40 AM
Have Many Traffic Fines? You May Have To Pay More For Vehicle Insurance
Delhi Lieutenant Governor VK Saxena has written to the Union Finance Minister Nirmala Sitharaman, asking her to link insurance premiums of vehicles to the number of traffic violations recorded against the vehicles.
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15 Jan, 12:21 AM
Power line may have sparked LA wildfire, lawsuits allege
Fire victims filed suit against Southern California Edison.
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14 Jan, 11:33 PM
NVIDIA Statement on the Biden Administration’s Misguided 'AI Diffusion' Rule
For decades, leadership in computing and software ecosystems has been a cornerstone of American strength and influence worldwide. The federal government has wisely refrained from dictating the design, marketing and sale of mainstream computers and softwar...
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14 Jan, 11:32 PM
PPI shows wholesale inflation increased less than expected in December
Tuesday's wholesale inflation reading comes ahead of a highly anticipated release of December CPI.
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14 Jan, 11:21 PM
Southwest to pause some hiring, summer internships in cost-cutting measure
Southwest Airlines is looking to trim costs by implementing a hiatus on certain hiring, most summer internships and "rallies" it hosts for employees.
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14 Jan, 11:19 PM
Starbucks ends its ‘open-door’ policies | CNN Business
Starbucks doesn’t want to be America’s public bathroom anymore.
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14 Jan, 11:14 PM
Eli Lilly Shares Down 7.5% as Market Reacts to Slashed Q4 Forecast
Intense Competition and Inventory Shortfalls Drive Pharmaceutical Giant's Revenue Cut
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14 Jan, 11:13 PM
Meta announces 5% cuts in preparation for 'intense year' — Read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.
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14 Jan, 11:12 PM
Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024
Boeing delivered 348 airplanes in 2024, less than half of rival Airbus's deliveries.
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14 Jan, 11:07 PM
JPMorgan reshuffling creates new questions about who succeeds Jamie Dimon
JPMorgan elevated Jennifer Piepszak to chief operating officer as part of a new management reshuffling announced Tuesday, but the nation’s largest bank said that Piepszak doesn’t want to succeed Jamie Dimon as CEO.
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14 Jan, 11:06 PM
China mulls selling TikTok to Musk as US sale-or-ban deadline looms | Semafor
The ByteDance-owned app is set to be banned in the US from Sunday if its US operations aren’t sold to an American company.
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14 Jan, 11:04 PM
