The Polestar 3 SUV, originally expected late this year, has been pushed into early 2024 because of delays with its Volvo-developed software.Courtesy: PolestarSwedish electric-vehicle maker Polestar on Thursday reiterated that it still expects to deliver at least 60,000 EVs in 2023, with a positive gross margin – and confirmed...
Starbucks' iced pumpkin cream chai tea latte.Source: StarbucksIn most of the U.S., tree foliage is green and temperatures are warm. But for many restaurants and retailers, fall is already here.Halloween candy and pumpkin spice lattes used to wait until after Labor Day to make their annual debuts, ushering in...
Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as the company dramatically cut costs in a bid toward profitability.The company reported overall net operating income of 9.2 billion Swedish krona ($843.5 million), up 21% year-over-year. Failing to record...
General view of the UBS building in Manhattan on June 5, 2023 in New York City.Eduardo Munoz Alvarez | View Press | Corbis News | Getty ImagesUBS shares reached their highest point since late 2008 during early trade in Zurich on Thursday, after the Swiss banking giant posted a...
Salesforce CEO Marc Benioff walks with other attendees as they leave a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 12, 2023.Kevin Dietsch | Getty Images News | Getty ImagesSalesforce shares jumped 6% in extended trading on Wednesday after the cloud...
The Salesforce West office building in San Francisco, Jan. 25, 2023.Marlena Sloss | Bloomberg | Getty ImagesCheck out the companies making headlines after hours.CrowdStrike — The cybersecurity stock added 1% in extended trading. CrowdStrike beat analysts' second-quarter expectations on the top and bottom lines. The cybersecurity company reported second-quarter...
James Romano trims flower while working in CommCans processing facility in Medway, MA on Oct. 27, 2021. Beneath the trimmed flower is a tray collecting shake, cannabis flower that has naturally broken down through handling. Shake can be used in CommCans pre-rolled joints or made into edibles.Erin Clark |...
A woman with a Shein bag after entering SHEIN's first physical store in Madrid, June 2, 2022, in Madrid, Spain.Europa Press News / ContributorFast fashion juggernaut Shein is facing more scrutiny from elected officials in the U.S., who want the company to prove that it doesn't use forced labor...
In this photo illustration, Eliquis is made available to customers at the New City Halsted Pharmacy on August 29, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesMedicare is set to negotiate prices for 10 different drugs with manufacturers in a bid to make those costly treatments more affordable for...
Before turning 93 on Wednesday, Warren Buffett made a number of astute moves in the past 12 months that helped push his conglomerate Berkshire Hathaway to an all-time high. Many Buffett watchers have been dazzled by the "Oracle of Omaha's" sharp mental acuity and astute investments he's able to...