Summary: Uniper and ConocoPhillips have agreed on a 10-year natural gas supply deal for up to 10 billion cubic metres of gas in north-west Europe.
Full articleSummary: Starbucks may benefit from licensing its operations in China, according to Bank of America. The new CEO's background could guide Starbucks towards a more efficient operational model. Darden Restaurants stock rose due to a Uber delivery partnership.
Full articleSummary: Boeing to start furloughs of professional and white-collar staff amidst labour strike in Seattle manufacturing plants; tens of thousands of employees affected.
Full articleSummary: Disney plans to move away from using Slack for companywide collaboration after a hacking incident resulted in data leakage, with many teams transitioning to other tools.
Full articleSummary: Meta announces changes to Instagram for teen users with discussion led by Jim Steyer from Common Sense Media on KTVU
Full articleSummary: Cisco has opened a second Webex Calling data centre in the UK, located in Manchester, to improve the handling and quality of video calls and other services.
Full articleSummary: Investment Committee shares their top stocks to watch for the second half including Target, Home Depot, and the IJR.
Full articleSummary: Levi & Korsinsky, LLP notifies investors in Ford Motor Company of a class action securities lawsuit alleging securities fraud between April 27, 2022 and July 24, 2024 due to quality assurance deficiencies in vehicle models and higher warranty costs. Investors who suffered losses have until October 7, 2024 to request to be appointed as lead plaintiff.
Full articleSummary: Google warns UK government of falling behind in AI race, urges more datacentres and use of copyrighted work in AI models. Google also suggests creating a national research cloud and relaxing restrictions on text and data mining for non-commercial purposes.
Full articleSummary: Shares of Mobileye Global Inc surged after Intel Corp stated it has no current plans to divest its majority stake in the autonomous driving technology maker, easing investors' concerns.
Full articleSummary: Target appoints Jim Lee as its new chief financial officer, succeeding Michael Fiddelke. Jim Lee brings over 25 years of financial, strategy, and business experience from his role as deputy CFO at PepsiCo. Target aims to leverage Lee's expertise in food & beverage for expanding its offerings and value in this category.
Full articleSummary: Microsoft is launching a Windows app that allows streaming of Windows from various sources, limited to work and school accounts. It provides customizable homescreen, multi-monitor support, and USB redirection.
Full articleSummary: Target hires Jim Lee from PepsiCo as new CFO, analysts and investors react positively to the news
Full articleSummary: Open AI is in talks to raise $6.5bn which would make it a hectocorn, valued at $150bn, making it the second ever $100bn-plus startup in America after SpaceX.
Full articleSummary: Disney announced a change in its animation leadership with Jennifer Lee stepping down as chief creative officer and being replaced by Jared Bush.
Full articleSummary: Brightband, a startup founded by a former Google executive, raised a $10 million series A funding to develop an AI forecasting model for weather predictions.
Full articleSummary: Haider Ackermann's appointment as creative director of Tom Ford has boosted the brand's image despite an interim studio-produced collection being less impactful than previous shows.
Full articleSummary: Philip Morris International Inc. (PM) has shown strong upward momentum, trading consistently above its key simple moving averages, reflecting positive market sentiment and investor confidence in the company's financial health and growth prospects. PM has outpaced industry and sector growth, with a strong focus on smoke-free products driving revenue growth and profitability. The company expects continued success in the second half of 2024, fueling optimism for its future performance.
Full articleSummary: Comcast's advertising division has appointed Scott Weisenthal, previously of Major League Baseball and Marriott International, as its Head of Global Marketing and Insights.
Full articleSummary: Lockheed Martin secures $297 million contract with NASA to design and build next-generation GeoXO Lightning Mapper instruments for NOAA.
Full articleSummary: NextEra Energy stock is currently underperforming, with a 3.10% decrease in value. While the medium-term outlook remains bullish, short-term analysis suggests a potential downturn towards a support level at around $80.06.
Full articleSummary: Analysts express bullish sentiments on Alphabet Class A and T Mobile US in the Communication Services sector.
Full articleSummary: Meta Platforms introduces enhanced privacy controls for teenage users on Instagram, including 'Teen Accounts' designation, message restrictions, time limits, anti-bullying filters and parental permissions.
Full articleSummary: Vertex, Inc. (NASDAQ: VERX) receives the 2024 Oracle Partner Awards for Best in Class and North American Innovation, highlighting their innovative tax compliance solutions and strong partnership with Oracle.
Full articleSummary: Charles Schwab Corp. remains well-positioned for growth driven by higher rates and strategic acquisitions, while facing challenges related to mounting expenses and subdued trading revenues.
Full articleSummary: PayPal will introduce an inactivity fee of 3,500 rubles or foreign currency equivalent for Russian clients from October 7, affecting accounts with positive balances inactive for the past 12 months.
Full articleSummary: Charter Communications partners with Cypress Creek Consulting to launch senior secured revolving credit facility for financing mobile equipment installment plan receivables, supported by CCO EIP Financing, LLC.
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