According to Bloomberg, Apple may spread its advertising to more of its first-party iPhone apps in an effort to increase income. According to the article, the corporation’s ad division earns roughly $4 billion in annual income, but the company aims… Read More ›
Ralph Lauren Corp and Michael Kors-owner Capri Holdings blew past earnings projections, highlighting wealthy buyers’ unshakable appetite for luxury goods and handbags despite red-hot inflation. Soaring costs have had no effect on middle- and upper-income households, which have been cheerfully… Read More ›
Elon Musk, the CEO of Tesla, has sold another 7.92 million shares in the electric vehicle manufacturer, valued at approximately $6.88 billion. According to regulatory documents, the sales occurred during the firm’s annual shareholder meeting last week. Musk claims he… Read More ›
Russia has barred investors from so-called hostile nations from selling shares in important energy projects and banks until the end of the year, increasing pressure on the West in the sanctions standoff. Since Russia’s incursion into Ukraine in late February,… Read More ›
Beyond Meat Inc reported a lower revenue prediction for the year and job losses as growing inflation hampered the company’s efforts to make its more expensive plant-based meat more affordable to consumers. Higher plant-based meat prices have hampered the category’s… Read More ›
A key unit of Toyota Motor Corp faked emissions data on some engines dating back to at least 2003, more than a decade earlier than previously reported, according to a company-commissioned investigation released on Tuesday. In a rare criticism of… Read More ›
The US economy shrank for the second quarter in a row, a milestone that would be called an economic recession in many other countries. That is not the case in the United States, where the decision is made using additional… Read More ›
Since the start of the Covid epidemic, cyber-attacks on one of the world’s busiest ports have nearly doubled. The number of monthly attacks on the Port of Los Angeles has risen to roughly 40 million, according to the port’s executive… Read More ›
Netflix faces a difficult battle to retain its crown after a long reign as the king of streaming. Between April and July, it lost over 1 million members as the number of people leaving the service increased. However, it was… Read More ›
UK grocery inflation touched 9.9 per cent in the four weeks to July 10, adding 454 pounds ($543.7) to Britons’ annual bills as the cost of living crisis worsened, according to industry figures released on Tuesday. Kantar said the inflation… Read More ›
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