Tag: Business

The Walt Disney Company is discontinuing the use of Slack for internal company communication following a data hack that leaked over a terabyte of company data. The company is transitioning

Nike’s stock surged 10% after announcing CEO John Donahoe’s departure on Oct. 13, with Elliott Hill set to take over. FedEx’s shares dropped 10% as they adjusted their earnings outlook

Darden Restaurants reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. CEO Rick Cardenas expressed confidence in the company’s long-term prospects despite

Boeing is taking action to preserve cash amidst an ongoing machinist strike by temporarily furloughing thousands of U.S. executives, managers, and staff. The furloughs will impact tens of thousands of

WNBA expansion is making waves with a new team set to hit Portland in 2026. The league’s 15th team will be owned by RAJ Sports, with Lisa Bhathal Merage taking

Intuitive Machines saw a 38.3% surge in their shares after securing a $5 billion space network contract from NASA. United States Steel also experienced a 1.5% increase in their shares

Intuitive Machines’ stock saw a significant increase in early trading following NASA’s award of a major contract to the company to develop moon data satellites. The contract, valued at up

Shares of United States Steel rose over 3% following news that Nippon Steel’s bid for the company will be reviewed after the November election. General Mills saw a 1% decrease

The latest midday trading updates for various companies include notable movements in the stock market. Hewlett Packard Enterprise saw a 6% increase after receiving a buy rating from Bank of

Alaska Airlines and Hawaiian Airlines have received approval for their $1.9 billion merger from the U.S. Department of Transportation. The merger agreement, which had previously cleared the U.S. Justice Department’s