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Business News

Location American Business News for 7 February 2024
Ford is not giving up on EVs — and has Elon Musk's 'affordable Tesla' in its sights CEO Jim Farley said Ford will switch focus to smaller EVs because the "ultimate competition is going to be the affordable Tesla", dubbed the Model 2.
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Cracking the code: India's OTT advertising maze, trials and trends Innovative strategies needed for overcoming obstacles in India's unique advertising landscape, say experts
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As extreme weather and climate-related hazards become more frequent across the U.S., renters face particular challenges.
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Promising new NFTs: DogeBirds, Moonbirds on Dogecoin Dogebirds: Going to fly to the moon? Dogebirds is a new collection of Moonbirds registered on the Dogecoin blockchain. It’s a winning combo. Its launch is eagerly awaited, and is scheduled for early February on the ref...
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China removes its securities regulator after slide in the stock market China has removed the head of its securities regulator after a steep drop in the country's stock market, according to a report from state media.
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Walt Disney's ESPN, Fox and Warner Bros. Discovery hope to capture younger audiences and save costs.
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Grayscale Reduces Bitcoin Holdings as Competing ETFs Continue to Bolster Reserves After the trading activity on Monday, which saw $642 million in transaction volume, Grayscale’s Bitcoin Trust sold off approximately 3,426.99 bitcoin, valued at around $147 million. Following Tuesday’s trading activi...
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China's housing bust is happening at 'a historically rapid pace' only seen in the worst collapses of the last 3 decades Housing starts have plunged by more than 60% compared to pre-pandemic levels and more pain is still to come, researchers at the IMF said.
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Animal Planet's Puppy Bowl Celebrates 20 Years With a Dogpile of Marketing Partners There's more than one Big Game this weekend. Ahead of the upcoming Super Bowl on CBS, the ever-popular Puppy Bowl returns on Sunday, Feb. 11, at 2 p.m. for its 20th year, simulcast across Animal Planet, Discovery, TBS, t...
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Taco Bell and KFC parent Yum Brands' stock rises despite fourth-quarter earnings miss Shares of Yum Brands Inc. climbed Wednesday, shrugging off the company's weaker-than-expected fourth-quarter profit and revenue. After falling in premarket trading, Yum Brands' stock is up 3%.
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Equity long-short funds have underperformed the US stock market for nine out of the last 10 years, unable to adapt to low interest rates.
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US stocks edge higher as investors assess earnings and wait on fresh Fed comments Markets are waiting on Fed speakers to give more guidance on the path and timing of interest rate cuts this afternoon.
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U.S. trade deficit fell in 2023 to the lowest level in 3 years and boosted GDP The U.S. trade deficit rose slightly in December, but the annual gap still fell to the lowest level in three years and added to economy's strong performance in 2023.
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Freeport-McMoRan Names Kathleen Quirk Next CEO

Wall Street Journal - 7 Feb 2024 01:40
Freeport-McMoRan Names Kathleen Quirk Next CEO The appointment will be effective at the annual meeting of shareholders on June 11, the company said.
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2 ocean-tech companies are competing in a multimillion-dollar race to find Amelia Earhart's wreckage. One says it may be near the finish line. Deep Sea Vision and Nauticos are both ocean exploration companies hunting for Amelia Earhart's wreckage, creating a multimillion-dollar competition.
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VF Corp. Finance Chief Matthew Puckett to Exit Amid Turnaround Plan In November, the company laid off about 500 employees globally amid flagging consumer demand and activist investor pressure to trim costs.
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Beijing Targets Cryptocurrency Mining Operations in New Energy Conservation Plan Beijing is prepared to apply a new policy to strengthen the actions to foster energy conservation in several aspects of the city’s operations, promoting carbon and pollution reduction. The plan proposes to increase the...
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Ford says that it will launch a Tesla 'Model 2' rival, calls for 'strong' year Ford Motor Co.'s stock soared more than 6% in the extended session Tuesday after the carmaker reported quarterly revenue above Wall Street's expectations and announced a next-generation, smaller EV to rival Tesla Inc.
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The internet became obsessed with this mac and cheese. I tried the recipe, and it's a must-have at your Super Bowl party. "Next Level Chef" star Tineke "Tini" Younger's deliciously creamy mac-and-cheese recipe became an instant hit on TikTok.
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There's another missing submersible: A $3.6 million vessel mysteriously disappeared near Antarctica's 'Doomsday Glacier' There's another missing submersible: Scientists lost contact with a $3.6M sub revolutionizing climate science near Antarctica's "Doomsday Glacier."
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Disney reported earnings after the bell. Here are the results.
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I tried Buffalo-chicken-dip recipes from Pat Neely, Trisha Yearwood, and Claire Robinson. The best uses a whole rotisserie chicken. I made Buffalo-chicken dip using three recipes from celebrity chefs Trisha Yearwood, Pat Neely, and Claire Robinson to find the best homemade version.
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