Author: Emily Jensen
DirecTV and Disney Reach Agreement to End Blackout Before College Football Season
DirecTV has reached a deal with Disney to bring back Disney’s ESPN and other channels to its customers after a two-week blackout. The agreement comes just in time for college
DetailGoldman Sachs anticipates $400 million impact in Q3 due to consumer business overhaul
Goldman Sachs is set to take a $400 million pretax hit to its third-quarter results as it continues to unwind its consumer business. CEO David Solomon announced that the bank
DetailPositive results from midstage trial of Pfizer’s cancer cachexia drug
Pfizer announced positive results from a midstage trial of its experimental drug for cancer cachexia, a condition that causes cancer patients to lose weight and appetite. The drug, ponsegromab, showed
DetailFormer Arm CEO criticizes Britain’s poor global tech commercialization efforts
The United Kingdom is facing challenges in commercializing technology businesses globally, according to Warren East, the former CEO of British chip design company Arm. Speaking at Cambridge Tech Week, East
DetailMajor Cost Savings and Product Launches Ahead: $1 Billion in Cuts, 10 New Products on the Horizon
Moderna announced plans to slash $1.1 billion in expenses by 2027 and introduce new products following a decline in its Covid business. The biotech company aims for 10 new product
DetailTop premarket stock movers: AAPL, ORCL, BOOT, AVO
Avocado producer Mission Produce saw a 21.6% surge in premarket trading after reporting a 24% jump in revenue for the fiscal third quarter. Rival Calavo Growers also experienced a 6.5%
DetailBoeing workers vote on new contract renegotiation amid strike threat
Boeing workers are currently voting on a new labor contract that could potentially lead to a strike, risking the struggling plane-maker’s recovery, according to the company’s CEO. The tentative agreement,
DetailJPMorgan Chase Shares Decline 5% Due to Update on Interest Income and Expense Outlook
JPMorgan Chase shares experienced a 5% decline after the bank’s president expressed concerns about overly optimistic expectations regarding net interest income and expenses for 2025. While aiming to be near
DetailFord’s Pro Division CEO Announces Retirement
Ford Motor’s Ford Pro commercial and fleet business will see a change in leadership at the end of this month. After 35 years with the company, CEO Ted Cannis will
DetailChina’s August Retail Sales and Industrial Data Fall Short of Expectations
China’s retail sales, industrial production, and urban investment all grew slower than expected in August, according to data released by the National Bureau of Statistics. Retail sales increased by 2.1%
Detail