Estee Lauder Stock Dinged by Pre-Earnings Downgrade
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16Aug
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16Aug
Private jet flights: Covid-era demand wanes
A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington's Reagan National Airport on June 12, 2024, in Arlington, Virginia.J. David Ake | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth...
16Aug
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16Aug
Gilead alleges drug counterfeiting operation at NYC pharmacies
Gilead HIV prescription bottles seized at Best Scripts pharmacy.Courtesy: Gilead SciencesGilead Sciences says it uncovered a dangerous drug-counterfeiting operation in which its HIV medications were tampered with and improperly resold before reaching patients.The scheme, allegedly run out of two New York City pharmacies, identified Peter Khaim, a twice-convicted medical...
16Aug
H&R Block, Applied Materials, Microchip, JD.com and more
Check out the companies making headlines before the bell. Estee Lauder — The beauty company slipped nearly 2% after Bank of America downgraded the stock, citing headwinds in its China market. Softening U.S. demand is also weighing upon shares, the firm added. Applied Materials — The semiconductor equipment company's...
16Aug
Streaming is getting more expensive for consumers. Here’s why
Jaque Silva | SOPA Images | Lightrocket | Getty ImagesStreaming is finally starting to pay off for media companies, but there's a catch — to get there, consumers are facing higher subscription costs and increasingly frequent price hikes.Legacy media companies entered the streaming market with a focus on gaining...
16Aug
New Lincoln Navigator includes spa mode, 48-inch display for gaming
2025 Lincoln NavigatorLincoln Ford Motor is updating its Lincoln Navigator to include a 48-inch front display that can be used as a "sanctuary" for spa lovers and gamers alike.The new feature comes as the automaker has redesigned the exterior and interior of the vehicle for the 2025 model year —...