Summary: GE Aerospace is partnering with NASA to develop a hybrid electric demonstrator engine for commercial turbofans, aimed at optimizing engine performance and accelerating the introduction of hybrid electric technologies for commercial aviation. They have recently completed initial component-level testing and baseline engine testing, with plans for a ground test in the future.
Full articleSummary: PayPal stock is trading at a historically low multiple and the speaker believes it could double from current prices.
Full articleSummary: Prime Minister Anwar Ibrahim urges parties not to politicize BlackRock's involvement in Malaysia Airports Holdings Bhd restructuring, emphasizes unity on Gaza issue, and explains the government's stance on collaborations with Israeli-linked companies.
Full articleSummary: ITV plc has a potential upside of 40.6% according to Citigroup, with a target price of 110 GBX compared to the current share price of 78 GBX.
Full articleSummary: Google paused its global experiment allowing real-money games on Play Store due to challenges with the lack of central authority approval in some regions, including India where it has had a pilot program since 2022.
Full articleSummary: Citigroup set a target price of 155 GBX for Bakkavor Group Plc, indicating a potential upside of 5.7% from the opening share price on 21/06/2024.
Full articleSummary: The Coca-Cola Company plans to revive the historical Mamadapur lake, a medieval era waterbody, by investing ₹1 crore for cleaning canals, dredging the lake, and building a dam. The lake will also be beautified with amenities like a fence, footpath, and children's play area to attract tourists.
Full articleSummary: Ford's decision to stop manufacturing in India has led to a shift in customer loyalty from Ford to other automobile brands like Mahindra.
Full articleSummary: UBS ETRACS Linked to the Wells Fargo Business Development Company Index ETN crossed below its 200-day moving average during trading, with shares trading as low as $15.22.
Full articleSummary: Workers at three NYC Starbucks locations have won unionization elections, joining the Starbucks Workers United-SEIU movement for better working conditions.
Full articleSummary: MoviePass, the cinema subscription service that collapsed in 2020, is making a comeback with an investment from Comcast’s Forecast Labs to accelerate innovation in the film community and drive higher theater traffic.
Full articleSummary: Nike plans to release fresh general release Air Max TL 2.5 colorways in Spring 2025, following the Comme des Garçons collaboration set to arrive later this Fall.
Full articleSummary: BlackRock, Inc. reduces its stake in Oxford BioMedica PLC from over 5% to less than 5% in both direct and indirect voting rights.
Full articleSummary: Starbucks and Marriott Bonvoy are connecting their loyalty reward programs, offering double Starbucks Star points at Marriott hotels and other benefits for members who link their accounts.
Full articleSummary: The article discusses how people used to find information before the widespread use of search engines and internet on mobile phones, highlighting services like GOOG-411 and ChaCha. The story also includes anecdotes from a former 118 118 directory enquiries operator revealing the types of questions she received and the challenges she faced during her shifts.
Full articleSummary: Activists blocked entrances at Citigroup's headquarters in Manhattan as part of 'The Summer of Heat on Wall Street' campaign protesting against fossil fuels and the war in Gaza.
Full articleSummary: Honeywell acquires defence technology company CAES Systems from Advent International for $1.9bn in an all-cash deal, as part of Honeywell's focus on automation, energy transition, and the future of aviation. Skadden Arps Slate Meagher & Flom represents Honeywell while Weil Gotshal & Manges advises Advent International.
Full articleSummary: China bans several business units of Lockheed Martin Corp. and three executives over arms deals with Taiwan, citing violation of its sovereignty.
Full articleSummary: China has banned business units of Lockheed Martin Corporation and three executives over arms deals with Taiwan due to sovereignty violations. Sanctions are largely symbolic as cooperation has been suspended since 1989.
Full articleSummary: AI and big tech companies are expected to continue being good places for investors to profit, according to Jim Thorne, Chief Market Strategist at Wellington-Altus.
Full articleSummary: Intel faces challenges with negative free cash flow and declining revenue and operating income. Nvidia and Amazon, on the other hand, are highlighted as more reliable investments with strong financial growth and diverse business expansions.
Full articleSummary: Oracle is investing $1bn to open its third cloud region in Spain, focusing on the financial services sector, aiming to help organizations accelerate their adoption of cloud technologies and boost business performance and resilience.
Full articleSummary: Construction of a new Starbucks drive-thru in Teesside Estate owned by UK Land Estates is underway, part of Starbucks' plan to open 100 new stores across the country.
Full articleSummary: China has banned a number of business units of Lockheed Martin and three of its executives over arms deals with Taiwan, which China claims as its own territory.
Full articleSummary: Warren Buffett, CEO of Berkshire Hathaway, has outperformed the S&P 500 by a significant margin over almost 60 years. Investors eagerly await Berkshire Hathaway's Form 13F filings to see their investment moves.
Full articleSummary: PayPal stock moderately rebounded after six consecutive days of losses, but overall gains since the beginning of the year have been erased. A breakthrough from the stagnant sideways trend seems unlikely in the near future. Despite this, a trading tip suggests potential for nearly 75% return.
Full articleSummary: Coca-Cola launches new 'Real Magic' campaign called 'Spills' focusing on human connections and interactions instead of the product itself, aiming to capture authentic moments of togetherness in TV, out-of-home, and digital ads.
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