Breaking News: Business Archives | Page 83 Of 149

American Eagle issues downbeat quarterly guidance as earnings miss expectations

A shopper walks past the American clothing and accessories retailer American Eagle store in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer merchandise, following the retailer pulling its full-year guidance earlier this month due […]

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Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property

Finance News

The neighborhood once known as Boca Chica Village is seen near the SpaceX facilities where they build rockets in Brownsville, Texas, on May 3, 2025. Gabriel Cardenas | AFP | Getty Images Starbase, Texas, has notified some residents that they might “lose the right to continue using” their property as they do today, according to

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Musk-Altman AI rivalry is complicating Trump’s dealmaking in Middle East

Finance News

Sam Altman, CEO of OpenAI, is seen through glass during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, Feb. 11, 2025. Aurelien Morissard | Via Reuters Elon Musk tried to derail a major artificial intelligence infrastructure deal in the Middle East after learning that his startup, xAI, would be excluded

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Non-alcoholic beer to overtake ale as the second-largest beer category worldwide this year

Business News

Non-alcoholic beers photographed for Food in Washington, DC on March 11, 2024. Scott Suchman | The Washington Post | Getty Images Non-alcoholic beer is on track to overtake ale as the second-largest beer category by volume worldwide this year, according to a new projections from industry tracker IWSR. While overall beer volume fell roughly 1%

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Jeep reveals new Cherokee SUV, confirms hybrid model

Business News

2025 Jeep Cherokee SUV Stellantis DETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which the company expects to assist in the brand’s turnaround when it arrives later this year. The Stellantis brand said the new midsize SUV will feature a hybrid powertrain option but declined to specify

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Omada Health aims to go public with market cap of up to .1 billion

Omada Health aims to go public with market cap of up to $1.1 billion

Finance News

Omada Health smart devices in use. Courtesy: Omada Health Omada Health plans to raise up to $158 million in its up coming IPO, attaining a market cap of about $1.1 billion at the top end of its expected range, according to a filing on Thursday. The virtual chronic care company filed its prospectus earlier this

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Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

Business News

Boeing Co. 737 Max fuselages at the company’s manufacturing facility in Renton, Washington, on April 15, 2025. Bloomberg | Bloomberg | Getty Images Boeing‘s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he brushed off the impact

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High school sports at PBS stations could be at risk with potential federal funding cuts

Business News

Iowa PBS covers the 2024 State Girls Softball Championships live from Fort Dodge, Iowa in July 2024. Courtesy: Iowa PBS High school sports games and related coverage have become some of the most popular local programs on PBS stations across the U.S., especially in states without professional sports. PBS stations in states like South Dakota,

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Amazon AI deal with New York Times brings the paper’s content to Alexa

Finance News

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters The New York Times on Thursday struck a deal with Amazon allowing it to use the storied news organization’s content across its artificial intelligence platforms. The multi-year deal “will bring Times editorial

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Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics

Business News

Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto | Getty Images Best Buy on Thursday missed quarterly revenue expectations and cut its full-year sales and profit guidance as higher tariffs increase the costs of many consumer electronics that it sells. For

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American Eagle issues downbeat quarterly guidance as earnings miss expectations

Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property

Musk-Altman AI rivalry is complicating Trump’s dealmaking in Middle East

Non-alcoholic beer to overtake ale as the second-largest beer category worldwide this year

Jeep reveals new Cherokee SUV, confirms hybrid model

Omada Health aims to go public with market cap of up to $1.1 billion

Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

High school sports at PBS stations could be at risk with potential federal funding cuts

Amazon AI deal with New York Times brings the paper’s content to Alexa

Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics

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