Higher Prices, Demand Drive Coca-Cola’s Revenue Win
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13Feb
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13Feb
Startup Skylo raises $37 million from Intel, BMW, Samsung
A Skylo base station in assembly.Skylo TechnologiesSilicon Valley space startup Skylo Technologies landed funding from the corporate venture arms of Intel, BMW and Samsung, as the company aims to bridge the gap between satellite and terrestrial communications.Skylo raised $37 million through an equity round, the company told CNBC, that was...
13Feb
Consumer prices rose 0.3% in January, more than expected, as the annual rate moved to 3.1%
Inflation rose more than expected in January as stubbornly high shelter prices weighed on consumers, the Labor Department reported Tuesday.The consumer price index, a broad-based measure of the prices shoppers face for goods and services across the economy, increased 0.3% for the month, the Bureau of Labor Statistics reported....
13Feb
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13Feb
Paramount Global lays off about 800 employees after Super Bowl
Paramount executive Bob Bakish attends the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf, Germany, November 13, 2022. Thilo Schmuelgen | ReutersParamount Global is laying off hundreds of employees, just one day after the company announced CBS had record Super Bowl viewership, Chief Executive Officer...
13Feb
Stocks making the biggest moves premarket: JBLUE, ANET, TRIP
Check out the companies making headlines before the bell. JetBlue Airways — Shares of JetBlue Airways popped more than 15% after activist investor Carl Icahn revealed a 10% stake in the airline, viewing the company as undervalued. Arista Networks — The computer networking stock dropped more than 7% even...
13Feb
Hasbro (HAS) earnings Q4 2023
A monopoly game sits under the Hasbro logo during Brand Licensing Europe at ExCel on November 18, 2021 in London, England.John Keeble | Getty ImagesToy company Hasbro reported a more than 20% hit to its fourth-quarter revenue and issued a downbeat 2024 forecast Tuesday morning. Shares of the company...
13Feb
Startup K2 Space raises $50 million to build monster satellites
K2 Space co-founders Karan Kunjur and Neel Kunjur at the company's facility in Torrance, California.Credit: K2 SpaceLos Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market. Nearly two years since founding,...
13Feb
More than 123 million viewers tuned in
Kansas City Chiefs' Patrick Mahomes celebrates with the Vince Lombardi Trophy after winning Super Bowl LVIII.Brian Snyder | ReutersSuper Bowl 58 was the most-watched television show in history, as an estimated 123.4 million people watched the Kansas City Chiefs rally in overtime to defeat the San Francisco 49ers.CBS Sports...
13Feb
Biogen (BIIB) earnings Q4 2023
Biogen on Tuesday reported fourth-quarter revenue and profit that shrank from a year ago, as it recorded charges related to dropping its controversial Alzheimer's drug Aduhelm and as sales slumped in its multiple sclerosis therapies, the company's biggest drug category.Biogen booked sales of $2.39 billion for the quarter, down 6%...