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Boeing’s Starliner losses top  billion after spacecraft program reports worst year yet

Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet

Boeing spacecraft Starliner is seen from the window of SpaceX’s Dragon capsule “Endeavour” on July 3, 2024, while docked with the International Space Station during the crew flight test. NASA Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut flight turned […]

Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet Read More »

McDonald’s Shamrock Shake returns — and so does Grimace’s uncle

McDonald’s Shamrock Shake returns — and so does Grimace’s uncle

McDonald’s Shamrock Shake Source: McDonald’s McDonald’s is leaning on customers’ nostalgia for its McDonaldland characters to spur sales of its Shamrock Shake. The company said Tuesday that Grimace will reunite with his Irish uncle, Uncle O’Grimacey, bringing the mascot out of retirement after decades out of the spotlight. McDonald’s originally created Uncle O’Grimacey in 1975

McDonald’s Shamrock Shake returns — and so does Grimace’s uncle Read More »

Merck’s 2025 revenue outlook falls short as it pauses Gardasil vaccine shipments to China

Merck’s 2025 revenue outlook falls short as it pauses Gardasil vaccine shipments to China

Sopa Images | Lightrocket | Getty Images Merck on Tuesday issued full-year 2025 revenue guidance that fell short of Wall Street’s expectations, as the company temporarily paused shipments of a key vaccine into China.  Shares of Merck fell more than 7% in premarket trading Tuesday. The pharmaceutical giant anticipates 2025 sales of $64.1 billion to

Merck’s 2025 revenue outlook falls short as it pauses Gardasil vaccine shipments to China Read More »

Pfizer tops earnings estimates as Covid product sales beat expectations and cost cuts pay off

Pfizer tops earnings estimates as Covid product sales beat expectations and cost cuts pay off

Albert Bourla, chairman and CEO of Pfizer, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024.  Andrew Kelly | Reuters Pfizer on Tuesday reported fourth-quarter earnings and revenue that beat estimates as sales of the company’s Covid products topped expectations and its broad cost-cutting efforts took

Pfizer tops earnings estimates as Covid product sales beat expectations and cost cuts pay off Read More »

PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America

PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America

Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City. Michael M. Santiago | Getty Images PepsiCo reported mixed quarterly results on Tuesday as demand for its snacks and drinks fell in North America. Shares of the company fell

PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America Read More »

The Super Bowl will stream for free on Tubi, a big move for Fox’s streaming strategy

The Super Bowl will stream for free on Tubi, a big move for Fox’s streaming strategy

The last time Fox Corp. aired the Super Bowl, it featured buzzy commercials about its streaming service, Tubi. This year, the broadcaster is taking a bigger leap with the free, ad-supported streamer. It’s offering football’s biggest game on the service, too. “This time it’s less about shocking viewers and more about being in our credibility

The Super Bowl will stream for free on Tubi, a big move for Fox’s streaming strategy Read More »

Silicon Valley venture capital pioneer Dick Kramlich, an early investor in Apple, dies at 89

Silicon Valley venture capital pioneer Dick Kramlich, an early investor in Apple, dies at 89

Dick Kramlich, founder of New Enterprise Associates, discusses on “Sexism in the valley” during the third day of Web Summit in Altice Arena on Nov. 8, 2017 in Lisbon, Portugal.  Horacio Villalobos | Corbis News | Getty Images Dick Kramlich, the venture capital pioneer who co-founded New Enterprise Associates almost 50 years ago and built

Silicon Valley venture capital pioneer Dick Kramlich, an early investor in Apple, dies at 89 Read More »

Trump’s tariffs could threaten Hollywood production, box office recovery

Trump’s tariffs could threaten Hollywood production, box office recovery

The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images LOS ANGELES — President Donald Trump picked a fight with Hollywood’s best friend. Known as Hollywood North, Canada has been a bustling production hub for American film and television series for decades. In addition to offering

Trump’s tariffs could threaten Hollywood production, box office recovery Read More »

Apple shares fall on concern Trump tariffs on China will hit profit

Apple shares fall on concern Trump tariffs on China will hit profit

Apple’s Chief Executive Officer Tim Cook attends the China Development Forum in Beijing on March 24, 2024.  Pedro Pardopedro Pardo | Afp | Getty Images Apple shares fell more than 3% on Monday after President Donald Trump announced 10% tariffs on China, where the company assembles the majority of its products. Apple’s decline was steeper

Apple shares fall on concern Trump tariffs on China will hit profit Read More »

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