Business

Joe Biden and Xi Jinping meeting in San Francisco — for the first time in nearly a year

Leave a Comment / Business / By

The White House has said for weeks that it anticipated Biden and Xi would meet on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco, but negotiations went down to the eve of the gathering, which kicks off Saturday. White House press secretary Karine Jean-Pierre said in a statement the leaders would discuss …

Joe Biden and Xi Jinping meeting in San Francisco — for the first time in nearly a year Read More »

ADTRAN Holdings Inc. announces business efficiency program amid Q3 revenue decline By Investing.com

Leave a Comment / Business / By

© Reuters. ADTRAN Holdings Inc. reported a decline in its Q3 2023 revenue, which fell by 20% year-over-year, amidst slower spending from midsize and larger service provider customers. The company also announced a business efficiency program focused on cost and capital efficiency, which includes discontinuing non-core products and consolidating sites. As part of the program, …

ADTRAN Holdings Inc. announces business efficiency program amid Q3 revenue decline By Investing.com Read More »

Bill Ackman urges Harvard suspensions to tackle antisemitism

Leave a Comment / Business / By

Harvard alumnus and hedge fund manager Bill Ackman called on university president Claudine Gay to take immediate steps to reduce antisemitism on campus, a situation he called “dire” after meeting with students and faculty last week. “Four weeks after the barbaric terrorist acts of October 7th, I have lost confidence that you and the university will do what is …

Bill Ackman urges Harvard suspensions to tackle antisemitism Read More »

Societe Generale Q3 results reveal decreased profits, robust liquidity profile By Investing.com

Leave a Comment / Business / By

© Reuters. Societe Generale (OTC:) reported a decrease in its third-quarter 2023 net profit to €295 million ($313.3 million) from €1.45 billion in the same period last year. The bank’s revenues also experienced a 6.2% drop to €6.2 billion. These reductions were primarily attributed to the impact of short-term hedges on net interest income from …

Societe Generale Q3 results reveal decreased profits, robust liquidity profile By Investing.com Read More »

Elon Musk’s net worth is down on Tesla and Twitter

Leave a Comment / Business / By

Elon Musk’s wealth took a major hit following Tesla’s third-quarter earnings on October 18. In the days after the company reported profits and sales below analyst expectations, Tesla’s stock spiraled 23%, shaving $189 billion off its market capitalization and $41 billion off Musk’s own net worth. As of Monday, the Tesla CEO had a fortune …

Elon Musk’s net worth is down on Tesla and Twitter Read More »

Tyson Foods’ Bold Move: Entering Insect Protein Production

Leave a Comment / Business / By

183 In a groundbreaking move that signals a significant shift in the food industry, Tyson Foods has entered into a visionary partnership with Protix, a leader in insect protein production. This two-pronged agreement, announced today, not only highlights Tyson’s commitment to sustainability but also positions the company at the forefront of the burgeoning upcycling food …

Tyson Foods’ Bold Move: Entering Insect Protein Production Read More »

S&P 500 falls as Meta slump triggers tech wobble By Investing.com

Leave a Comment / Business / By

© Reuters. Investing.com — The S&P 500 fell Thursday, pressured by a Meta-led slump in tech as concerns about slowing advertising growth offset better-than-expected quarterly results. The fell 0.8%, the fell 1.4%, and the fell 0.4% or 123 points. Meta leads tech lower after downbeat outlook on advertising demand Meta Platforms (NASDAQ:) fell more than 3% …

S&P 500 falls as Meta slump triggers tech wobble By Investing.com Read More »

Video gamers face a poorer reality as YouTube and Twitch reconsider multi-million dollar streaming deals: ‘I don’t think that’s a sustainable business’

Leave a Comment / Business / By

Amazon.com’s Twitch and Alphabet’s YouTube are phasing out big-money content deals with top livestreaming gamers after years of making seven- and eight-figure offers. Twitch Chief Executive Officer Dan Clancy said in an interview with Bloomberg News at the TwitchCon conference in Las Vegas that the strategy had “created this bidding war, and I don’t think that’s a sustainable …

Video gamers face a poorer reality as YouTube and Twitch reconsider multi-million dollar streaming deals: ‘I don’t think that’s a sustainable business’ Read More »

Unraveling the Occult: Exeter’s Groundbreaking Postgrad Program

Leave a Comment / Business / By

152 In the realm of academia, the University of Exeter is poised to make a historic leap, offering a postgraduate degree program that delves into the enigmatic world of magic and occult science. This trailblazing initiative, hosted within the esteemed Institute of Arab and Islamic Studies, marks a distinctive departure from conventional academic pursuits. While …

Unraveling the Occult: Exeter’s Groundbreaking Postgrad Program Read More »

Equifax Q3 Revenue Rises 6% Despite Mortgage Market Challenges By Investing.com

Leave a Comment / Business / By

© Reuters. Equifax Inc (NYSE:). reported a 6% increase in its Q3 2023 revenues on Thursday, reaching $1.319 billion despite a challenging mortgage market that fell by an estimated 29%. The company attributed this growth to the successful execution of strategic priorities and a $210 million spending reduction plan, primarily through its Cloud spending reduction …

Equifax Q3 Revenue Rises 6% Despite Mortgage Market Challenges By Investing.com Read More »