Alibaba Group Holding ltd. BABA -4.35% boosted its share buyback program to $25 billion from $15 billion, in a bid to reassure investors about the company’s prospects after a year in which its stock has fallen by more than half. The potential buybacks are substantial compared with the Chinese e-commerce giant’s market value: As of […]
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady after best week since November 2020 Traders on the floor of the NYSE, March 18, 2022. Source: NYSE US stock futures were little changed Monday after strong gains last week that saw the […]
The Tally 3.0 autonomous mobile robot scans inventory in a grocery store. Simbe Robotics Automation and robotics are typically associated with multi-million budgets at multi-billion dollar companies. But as the cost of technology has come down, it’s become more affordable to smaller companies — even small businesses. Outside of Atlanta in Jonesboro, Georgia, THAT Burger […]
A widely circulated video of the Port Neches-Groves High School “Indianettes” from Texas shows the team dancing and chanting “scalp ’em Indians, scalp ’em” while performing moves that appear to appropriate Native American culture in a parade at Disney’s Magic Kingdom theme park. “The live performance in our park did not reflect our core values, […]
Shares of Facebook and Instagram parent Meta have plummeted more than 40% over the past six months — and some employees saddled with underwater stock options are eyeing the exits. “Joined Meta near [all time stock high], now feeling like s—t,” one Meta employee said this week in a popular thread on Blind, a corporate […]
The Breakfast Baconator and Seasoned Potatoes are part of the breakfast menu at Wendy’s restaurants on March 2, 2020 in New York City. David Dee Delgado | Getty Images Two years ago, Wendy’s launched its breakfast menu nationwide, finally crossing the finish line for a goal it tried and failed at for nearly four decades. […]
The robots will take the most tedious, most dangerous jobs first, in most things. Trucking is no exception. Autonomous driving engineers are squarely focused on long-haul freight, the interstate runs with almost no complexity save for a slow curve or an E-ZPass lane. As such, those routes are some of the simpler challenges on the […]
Not anymore. Kohl’s is in turmoil today. The chain’s sales are lower than before the pandemic, despite strong consumer spending and as its rivals enjoy big gains. Activist investors are circling Kohl’s and demanding leadership changes. A sale of the company could be on the horizon. “We see a company that’s lost its way,” said […]
CNBC’s Jim Cramer on Friday broke down fresh technical analysis from veteran chartist Larry Williams, whose proprietary market indicators suggest that Google-parent Alphabet, Amazon and Coca-Cola are stocks to watch for. “Right now, the charts as interpreted by Larry Williams, suggest we’ve got incredibly bullish action in Google, very good bullish action in Amazon and […]
A same-sex kiss scene was reportedly restored to Pixar’s upcoming feature film “Lightyear” – a reversal that came days after top Disney brass faced intense criticism from some of the studio’s employees over their response to Florida’s “Don’t Say Gay” bill. The abrupt change followed the circulation of a March 9 letter signed by “LGBTQIA+ […]
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