Tesla shares jump as EV maker posts surprise profit of $2B
Elon Musk's Tesla said Wednesday it expects deliveries to rise slightly this year and reported better-than-expected third-quarter profit margins, sending shares up 5% after-hours. “Tesla delivered strong results in the third quarter, with vehicle deliveries increasing both quarter-over-quarter and year-over-year, resulting in record third-quarter sales,” Tesla said in a statement. said. “We also noted that […]
Squeezed out: last accordion maker in France to close shop after 105 years | France
Its distinctive sound has provided the soundtrack for some of France's most famous cultural classics, from the dance halls of Paris to the film Amelie and the songs of Edith Piaf. Former presidents have also performed there. But it seems traditional Made in France accordion a brettel (strap accordion) After that, it was shut out […]
Video game actors declare strike on ‘League of Legends’ maker
The Video Game Actors Guild has filed an unfair labor practice complaint against Formosa Interactive, which provides voiceover services for the popular online game “League of Legends,” and declared a strike on Tuesday, the actors' union announced. SAG-AFTRA members have suspended performance services to League of Legends, a massively multiplayer online battle arena game developed […]
Vista, Blackstone buying software maker Smartsheet for about $8.4 billion
Former Treasury Secretary Steven Mnuchin and Contrast Securities CEO Alan Naumann, who have founded a new private equity firm, Liberty Strategic Capital, are discussing the agreement. Acquired by private equity firms Vista Equity Partners and Blackstone Software Maker Acquired Smartsheet for approximately $8.4 billion in cash. Vista and Blackstone announced Tuesday that they would pay […]
Is the iShares Russell 1000 Growth ETF a Millionaire Maker? – The Motley Fool
It may not be the most popular ETF in the industry, but you can take advantage of its above-average performance here. For many fans of exchange-traded funds (ETFs), iShares Russell 1000 Growth ETF (International Women's Day -0.09%) It's not even close to being on their radar. The $90 billion fund is SPDR S&P 500 ETF […]
Is the Invesco S&P 500 Equal Weight ETF a Millionaire Maker? – The Motley Fool
This isn't the most popular index fund, but it might be, given the balance it offers. If you're a fan of exchange-traded funds, you're probably also a fan of index investing. Most ETFs are constructed to mirror the performance of an index, such as: S&P 500After all, the most held exchange traded fund in the […]
Keurig coffee pod maker charged with making inaccurate recyclability claims
The U.S. Securities and Exchange Commission on Tuesday filed a lawsuit against Keurig Dr Pepper Inc., a maker of disposable coffee pods, for making inaccurate claims about the recyclability of its products. Keurig settled the lawsuit and agreed to pay a civil penalty of $1.5 million, a relatively modest amount for a large corporation. According […]
Dem Senate Candidate Finally Speaks Out Against China-Linked Battery Maker After Months Of Attacks From GOP
Democratic Rep. Elissa Slotkin of Michigan, who has endured months of Republican criticism over the issue, took a stance against companies with ties to the Chinese Communist Party (CCP) at a campaign rally this week. Slotkin, who is currently running for the state Senate, has not previously publicly opposed plans by Goshon High-Tech, a subsidiary […]
Apple, Nvidia in talks to invest in OpenAI fundraising round that would value ChatGPT maker at more than $100B: report
Apple and chip giant Nvidia are reportedly in talks to invest in OpenAI as part of a new funding round that could value the ChatGPT maker at more than $100 billion. Thrive Capital, a venture firm founded by real estate heir Joshua Kushner, is leading the latest funding round, which is expected to be worth […]
Drug maker cutting prices for obesity, diabetes drug
Click for more news from The Hill {beacon} health care health care Full text Court clears way for Florida to enforce ban on gender-affirming care for minors In Florida, a federal judge ruled this week that transgender minors cannot be prescribed puberty-suppressing drugs or other hormone treatments, even if their parents approve, while the […]