The company's IM-1 mission lander shortly after launching on Feb. 15, 2024.Intuitive MachinesShares of Intuitive Machines jumped for a third consecutive trading session, surpassing their post-SPAC debut price, as the company's first mission completed further milestones as it approached the moon.Intuitive Machines' stock surged as much as 65% in...
Test tubes are seen in front of a displayed AbbVie logo in this illustration taken on May 21, 2021.Dado Ruvic | ReutersAbbVie on Tuesday said longtime executive Robert Michael will become the company's new CEO, replacing Richard Gonzalez. Michael, who is AbbVie's president and chief operating officer, will become the...
A coalition of unions is laying out its case against Starbucks ahead of a proxy fight at its annual meeting in March, arguing the coffee giant has implemented a "flawed human capital management strategy" in response to a yearslong union movement.The Strategic Organizing Center claims the situation has put...
Customers visit the Macy's Herald Square store in New York City on Dec. 17, 2023.Kena Betancur | Corbis News | Getty ImagesInvestment firm Arkhouse Management has launched a proxy fight at Macy's, nominating a slate of nine directors for election to the department store's board.Macy's on Tuesday confirmed that...
Check out the companies making headlines during premarket trading. Home Depot — Shares slipped about 2.5% after the retailer beat its fiscal fourth-quarter estimates on the top and bottom lines, but issued lower-than-expected guidance. The company forecast full-year revenue growth of 1%, while analysts polled by FactSet expected 1.6%.Net...
Blurred buses pass the Bank of England in the City of London on 7th February 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty ImagesThe Bank of England is likely to hold interest rates higher for longer before slashing them sharply more than expected in the second...
An Israeli national flag above produce for sale at Carmel Market in Tel Aviv, Israel, on Tuesday, Nov. 7, 2023. Bloomberg | Bloomberg | Getty ImagesIsrael's gross domestic product shrank by nearly 20% in the fourth quarter of 2023, according to official figures. The contraction was significantly larger than expected...
Vizio televisions are displayed at a store in San Rafael, California, on Feb. 13, 2024.Justin Sullivan | Getty ImagesWalmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit ad business.Walmart will acquire Vizio for $2.3 billion, or $11.50 per...