Summary: FedEx Express emphasizes on its diverse portfolio of transportation, e-commerce, and business solutions, along with its reach in more than 220 countries and territories. The company values career mobility, development, total compensation, benefits package, and equal opportunities for all employees.
Full articleSummary: Starbucks is sued for allegedly stealing the concept of coffee-flavored lipstick. Balmuccino claimed that Starbucks had access to their prototypes and confidential information during a meeting in 2018.
Full articleSummary: A Colorado nonprofit argues that Amgen's lawsuit over the state's drug price cap system is essentially a disagreement with lawmakers.
Full articleSummary: Coforge partners with Salesforce to launch Coforge ENZO, an environmental and net zero offering to help customers address decarbonization challenges, measure and report GHG emissions, enable emissions data management, automate carbon accounting, and generate audit-ready sustainability reports.
Full articleSummary: Zacch Adedeji believes that the 19.4 trillion naira revenue target set for 2024 is achievable.
Full articleSummary: Analog chipmaker TI expects free cash flow to jump in 2026, with FCF per share projected to be between $8 and $12, higher than the analyst estimate of $6.91. The FCF had previously fallen 77% to $1.47 in 2023.
Full articleSummary: Medtronic had a strong start to the fiscal year, with revenue growth exceeding guidance and an increased outlook for the year. The company is focused on driving top-line growth and restoring its earnings power, with expectations to accelerate EPS growth in the back half of the year. Investments in high-growth areas like diabetes, neuromodulation, TAVR, and PFA are expected to drive future growth. Medtronic is committed to balancing investments for future growth with returning capital to shareholders.
Full articleSummary: Charles Schwab Investment Management, Inc. disclosed ownership of 1.03% of common stock of International Paper Co and dealt with various purchases and sales of the stock.
Full articleSummary: PayPal and Adyen announce the strengthening of their global strategic partnership to offer Fastlane by PayPal and enhance guest checkout experiences for enterprise and marketplace customers.
Full articleSummary: Nike showcased Air Max Dn during Paris Olympics, with prominent athletes sporting the 'Olympic' colorway. The brand is set to release a women's pair featuring glittery silver treatments and an icy aesthetic.
Full articleSummary: Boeing has grounded its 777X aircraft test fleet due to structural damage found in the engine mounting structure, potentially impacting delivery timelines and certification.
Full articleSummary: Disney waived its right to arbitration in a wrongful death lawsuit after originally citing the plaintiff's Disney+ subscription as a defense, claiming the terms and conditions required disputes to be settled out of court.
Full articleSummary: The Fifth Circuit upheld the dismissal of a disability bias suit against Union Pacific Railroad Co. filed by a railway electrician.
Full articleSummary: Nvidia stock continues to benefit from the AI era.
Full articleSummary: Lawsuit update filed against Sunnova Energy International Inc. alleging predatory business practices, heightened risk of regulatory scrutiny, reputational and financial harm.
Full articleSummary: Coca-Cola Consolidated Inc. announced a significant increase in its quarterly dividend to $2.50 per share and approved a $1.0 billion share repurchase program.
Full articleSummary: BlackRock has completed due diligence on a potential purchase of Citadines Raffles Place for around S$300 million, which is situated within levels nine to 16 of the CapitaSpring building. CapitaSpring is owned by a joint venture comprising CapitaLand Integrated Commercial Trust, CapitaLand Development, and Mitsubishi Estate Co.
Full articleSummary: Nike introduces a new Air Force 1 Low colorway perfect for fall, featuring muted green suede and Olive Aura accents with a clean white midsole.
Full articleSummary: FedEx launches FedEx Surround, an advanced monitoring and intervention solution for logistics and supply chain management in APAC markets.
Full articleSummary: Nvidia is expected to report strong earnings and revenue for July results, with positive outlook for October guidance, despite potential delays in Blackwell GPU architecture shipments. Analyst sentiment is extremely bullish on the stock.
Full articleSummary: FedEx Cup playoffs are exciting but the best player may not always win the title, according to Scottie Scheffler.
Full articleSummary: Chipotle CEO replacing Starbucks CEO has raised concerns about succession planning in various businesses. Experts highlight the importance of long-term succession planning by boards.
Full articleSummary: Starbucks is set to release its fall 2024 menu in two parts - on Aug. 22, 2024, and Oct. 1, 2024.
Full articleSummary: Apple's 30% revenue cut policies lead to a 30% increase in the in-app purchase price of NFL Sunday Ticket on YouTube's iOS app. Despite the higher price, users can still access the content at the original rate by purchasing directly from YouTube/Google.
Full articleSummary: 1. Texas Instruments Incorporated held a Capital Management Call, emphasizing their progress and future investments, including a $1.6 billion preliminary agreement with the U.S. Department of Commerce. CEO focused on growth expectations, 300-millimeter wafer fab investments, market positions in industrial and automotive sectors. 2. The outlook includes revenue scenarios for 2026 and expected CapEx, enabling TI to deliver free cash flow per share growth across different market conditions. 3. Confidence in market share gains despite China competition and price challenges, with a focus on efficient capacity expansion and managing capital allocation decisions.
Full articleSummary: A Tesla Semi truck crashed in California, resulting in a major fire and road closures for 16 hours. The driver survived and is being investigated for the cause of the accident. Firefighters cooled down the lithium-ion EV battery pack before moving the remains to Tesla's Gigafactory.
Full articleSummary: Hackers set up malicious banking applications resembling legitimate ones to steal user data in an elaborate phishing scheme, targeting European banks.
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