Earnings call: Levi Strauss & Co. reports flat revenues, aims for direct-to-consumer model growth
Levi Strauss & Co (NYSE:LEVI)., during its third quarter earnings conference call, reported flat revenues compared to the previous year,…
Disney in talks with Adani, Sun TV to sell India assets -Bloomberg News
(Reuters) – Disney has held talks with Indian billionaires Gautam Adani and Sun TV Network owner Kalanithi Maran as well…
Elon Musk faces SEC lawsuit over Twitter acquisition
Elon Musk is currently under scrutiny by the U.S. Securities and Exchange Commission (SEC) following his non-compliance with an investigation…
Tesla stock falls on fresh price cuts in United States
Tesla (NASDAQ:TSLA) stock fell about 1.5% in premarket trading on Friday following the company’s decision to once again reduce prices…
DuckDuckGo CEO says Google’s billions got in the way of a deal with Apple
(Reuters) – The CEO of privacy-oriented search engine DuckDuckGo said its talks with Apple (NASDAQ:AAPL) about a potential contract failed…
Analysis-Fall of the zombies? Why corporate failures could surge in 2024
(Reuters) – Debt-laden companies across Europe, Middle East and Africa face a $500 billion refinancing scramble in the first half…
Exclusive-ChatGPT-owner OpenAI is exploring making its own AI chips -sources
(Reuters) – OpenAI, the company behind ChatGPT, is exploring making its own artificial intelligence chips and has gone as far…
Nestle shares at two-year low as investors weigh Wegovy rollout
(Reuters) – Nestle shares were under pressure on Friday as investors weighed the potential impact of Novo Nordisk (NYSE:NVO)’s blockbuster…
Tesla cuts US prices of Model 3, Model Y cars
(Reuters) – Tesla has cut prices of its Model 3 compact sedan and Model Y SUV in the U.S. by…
Shell’s Q3 financial forecast shows promise despite minor oil production dip
Royal Dutch Shell (LON:SHEL)’s Q3 financial outlook, published on Friday, suggests that the energy giant is set to benefit from…