Summary: Bank of America Corporation has become a substantial holder in Clarity Pharmaceuticals Ltd. with a 5.05% voting power through 15,931,280 ordinary shares.
Full articleSummary: Microsoft announced the release of a new unified app called Windows App, intended to provide a single gateway to access various Windows services and apps across different platforms.
Full articleSummary: Chevron Chairman and CEO Mike Wirth emphasized the importance of a balanced approach to energy policy and highlighted natural gas as crucial for a lower carbon future.
Full articleSummary: Costco is recalling Kodiak Power Waffles Buttermilk & Vanilla 40 count boxes due to potential presence of soft plastic film sold at Midwest stores between July 15 and Aug. 25 with use by date 01/10/26, no reported injuries/illnesses.
Full articleSummary: Caterpillar is leveraging knowledge from its battery electric large mining truck program to benefit its ultra class trucks with common platform features for diesel electric and battery electric offerings. They are providing flexible solutions to extend the life of mining trucks, including retrofit kits and machine rebuilds. Caterpillar is also offering energy transition solutions to help mine sites lower operating costs and greenhouse gas emissions.
Full articleSummary: FedEx Corp. warned of a slowdown in business for the year ahead and reported a worse-than-expected quarterly profit due to customers opting for cheaper shipping options, leading to a slide in its shares by 11% after hours.
Full articleSummary: Eli Lilly & Co. is requesting access to medical records of those taking copied weight loss drug due to safety concerns in a case against compounding pharmacies.
Full articleSummary: Ford is making strides in the race to cut the cost of electric vehicles through a focus on renewable energy, with plans for a new manufacturing campus in Tennessee and initiatives like ChargeScape to incentivize renewable energy for EV charging.
Full articleSummary: Nike, Inc. CEO John Donahoe to retire and be replaced by Elliott Hill, former president of Nike. Hill is tasked with turning around the company's struggling stock price and competition.
Full articleSummary: The article discusses Ford CEO Jim Farley's leadership in the EV space, highlighting the company's progress and challenges in transitioning to electric vehicles. It praises Farley for initiatives like the Mustang Mach-E and F-150 Lightning, showcasing his efforts to push for EV adoption and innovation. The piece also addresses the complexities and obstacles legacy automakers face in the EV market, particularly in comparison to newer EV startups.
Full articleSummary: A new Starbucks store is opening in Westcroft on 23rd September and will collaborate with Emilys Star charity to raise awareness and support children in Milton Keynes. The store will offer activities, latte art classes, and giveaways to customers.
Full articleSummary: Pfizer launching a new breakthrough for acute migraine treatment with a nasal spray that provides pain relief in as early as 15 minutes.
Full articleSummary: Starbucks CEO Brian Niccol prefers employees to be in the office for productivity but will not implement strict policies, unlike Amazon which is mandating a return to the office five days a week. Niccol emphasized the importance of being together for success.
Full articleSummary: Jefferies analyst Trevor Williams maintained a Hold rating on PayPal Holdings with a price target of $75.00. Morgan Stanley also assigned a Hold rating to the stock with a $71.00 price target. PayPal reported moderate earnings growth compared to the previous year.
Full articleSummary: Bank of America suggests Starbucks should consider licensing its operations in China to enhance value and navigate challenges in the market
Full articleSummary: McDonald's partners with Crocs for new Happy Meal toys featuring miniature Crocs with McDonald's-themed prints, available in US stores on Tuesday, Sept. 17. Additionally, McDonald's is expected to bring back Boo Buckets for Halloween in 2024.
Full articleSummary: Craig Moffett discusses the impact of the iPhone on the telecoms industry, Apple's outlook in the age of AI, and the deteriorating TV situation.
Full articleSummary: Nike shares surged in extended trading after appointing Elliott Hill as its CEO, aiming to revive a stock that lost value earlier in the year. Hill, rejoining after retiring in 2020, brings deep industry expertise and passion for sport.
Full articleSummary: Nike chief executive John Donahoe to retire next month as the company faces sluggish sales, replaced by former executive Elliott Hill. Nike reported a 2% decrease in sales and a 24% drop in shares this year.
Full articleSummary: Oak Street Health agrees to a $60 million settlement to resolve allegations of participating in an illegal kickback scheme targeting Medicare Advantage plan members.
Full articleSummary: Analysts express bullish sentiments on T Mobile US and Spotify Technology SA with optimistic outlook in the Communication Services sector.
Full articleSummary: Jennifer Lee steps down as Chief Creative Officer (CCO) of Walt Disney Animation Studios, Jared Bush named new CCO. Lee to focus on 'Frozen' franchise, while Bush takes over CCO role.
Full articleSummary: FDA and CDC approve new mRNA COVID-19 vaccines targeting Omicron variant KP.2 strain, encouraging residents to get updated vaccines for added protection against COVID-19 and annual flu season.
Full articleSummary: The Coca-Cola System in Nigeria announced plans to expand its investments in Nigeria, with a goal of reaching US$1 billion over the next five years. The investment aims to support various value chain areas and underscores the System's confidence in the Nigerian market and its economic prospects.
Full articleSummary: The global sensitive toothpaste market is estimated to grow by USD 1.30 billion from 2024-2028, driven by innovations and product line extensions introducing multifunctional toothpaste. However, challenges include high adoption of homemade remedies and alternative products. Market players like Colgate Palmolive Co., The Procter and Gamble Co., and GlaxoSmithKline Plc. are focusing on expanding their customer base and using effective marketing strategies.
Full articleSummary: Salesforce CEO announces new AI software package for business customers at the Dreamforce conference, focusing on building AI 'agents' that do not require human supervision, aiming to have a billion agents with customers in the next 12 months.
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