Summary: Charles Schwab plans to establish its first Technology Development Centre in Hyderabad, India.
Full articleSummary: Cisco has disclosed multiple critical vulnerabilities in its Small Business SPA300 and SPA500 Series IP Phones, allowing attackers to execute arbitrary commands with root privileges or cause denial of service conditions. The vulnerabilities have been assigned a Critical severity rating, with no software updates available.
Full articleSummary: Price list leak reveals purported US pricing for Pixel 9 Pro starting at $999.99 with T-Mobile plan and Pixel 9 Pro XL priced at $1,199 with 256GB of storage.
Full articleSummary: Three-quarters of the global carry trade has been removed due to a recent selloff, erasing this year’s gains, according to JPMorgan Chase & Co.
Full articleSummary: Colgate-Palmolive (India) launches a new campaign focusing on oral health and the preventive benefits of switching to Colgate Total toothpaste.
Full articleSummary: Charles Schwab has selected Hyderabad for its first technology development centre in India after high-level discussions with Telangana government officials.
Full articleSummary: Evotec SE receives a US$ 25 million payment from Bristol Myers Squibb to progress research in joint neuroscience pipeline, leveraging Evotec's PanOmics platform and patient-derived disease models.
Full articleSummary: Starbucks location in Virgil is closing permanently due to slow business, impacted by factors like construction and limited foot traffic. Employees have been offered positions at other locations.
Full articleSummary: The leaked information about the Google Pixel Watch 3 reveals minimal upgrades from its predecessor, including the same processor, RAM, and storage. The battery capacity sees only a slight increase in the smaller model, while the display refresh rate is doubled from the previous version.
Full articleSummary: Colgate-Palmolive (India) Ltd. stock traded 0.5% higher with positive quarterly results and technical indicator suggesting an upward trend.
Full articleSummary: Colgate-Palmolive (India) Ltd. stock price traded higher with a gap-up opening, showcasing a positive trend in the morning session. The stock is currently at Rs 3465.75, up 0.5% from the previous close, with a market value of Rs 94268.86 crore and strong financial indicators like a P/E ratio of 66.67 and an ROE of 70.54%.
Full articleSummary: Eli Lilly stock fell 20% in July after a competitor announced positive clinical trial results for an obesity drug, raising concerns about potential market share loss. The company has been a key player in the weight loss drug market, but increasing competition poses a threat to its dominance.
Full articleSummary: There is confusion and lack of clear guidance on booster shots for COVID-19 vaccines.
Full articleSummary: Intel had the chance to buy a stake in OpenAI about seven years ago, with discussions including a 15% stake for $1 billion in cash and potentially making hardware for the startup at cost price.
Full articleSummary: CVS slashed its earnings guidance for the third time this year due to rising medical costs impacting its insurance segment Aetna. The company announced a $2 billion cost-cutting plan and fired its top insurance executive.
Full articleSummary: Caterpillar Inc (CAT) reported a mixed financial performance with a slight decline in sales and revenues but maintained a strong balance sheet. The company's strengths include a global dealer network, product diversification, and a strong financial services segment. However, challenges such as declining profitability and rising operating costs need attention. Opportunities lie in technological advancements and emerging markets, while threats include economic downturns and competitive pressures.
Full articleSummary: Bank of America selects four high school students from Palm Beach County for their Student Leaders program, providing them with an eight-week paid summer internship and a week-long all-expenses paid national leadership summit in Washington, D.C.
Full articleSummary: Robert Frati, a leader in Google's Workspace, has left the company to explore other opportunities. Phil Davis will serve as interim leader while Google looks for a replacement. Frati joined Google from Slack and was responsible for selling Google's productivity tools.
Full articleSummary: Google announced its new $99.99 Google TV Streamer, powered by Gemini AI and doubling as a smart home hub.
Full articleSummary: NIKE, Inc. faces a securities class action lawsuit for failing to disclose material information resulting in a significant drop in stock price.
Full articleSummary: Tesla halts plans for manufacturing plants in South-east Asia, including Malaysia, focusing on charging stations development instead.
Full articleSummary: Comcast has submitted 91 applications in the second round of the Commonwealth of Massachusetts Broadband Infrastructure Gap Networks Grant Program to connect homes and businesses in 91 communities to its Xfinity network. This is part of their ongoing investment in expanding high-speed broadband infrastructure in Massachusetts.
Full articleSummary: Costco is implementing member ID scanners in its warehouses across the US to crack down on unauthorized membership sharing.
Full articleSummary: UPS announces regular quarterly dividend of $1.63 per share, payable on September 5, 2024.
Full articleSummary: Ford Muscle will be selecting the top eight Mustangs at Mustang Week 2024 in Myrtle Beach, SC to be featured on their website and social media channels, with the winner determined through a fan voting contest. The Great 8 winner will receive a trip to Mustang Week Texas in April 2025 and other prizes.
Full articleSummary: Tesla Inc has decided to cancel its investment plans in Malaysia, Thailand, and Indonesia to focus solely on charging stations, suspending factory plans worldwide.
Full articleSummary: Caterpillar reported a decline in sales and revenues for the second quarter, with Construction Industries and Resource Industries experiencing decreases in sales. However, Energy & Transportation saw an increase in sales. The company expects similar declines in the second half but anticipates adjusted operating profit margins to surpass previous forecasts. Strong ME&T free cash flow was generated in the second quarter. Despite some misses in sales and revenues, Caterpillar's strategic initiatives and strong cash flow management demonstrate resilience and commitment to shareholder value.
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