Thursday, April 9

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What to expect from ‘Mag 7’ in third-quarter earnings
15Oct By Aditi PawarNo Comments
Business

What to expect from ‘Mag 7’ in third-quarter earnings

As earnings season kicks into high gear, investors are keeping an especially close eye on the Magnificent Seven 's quarterly results. The group of mega-cap tech names — Apple , Microsoft , Alphabet , Nvidia , Tesla , Meta Platforms and Amazon — has been the powerhouse of the two-year bull market rally. The Roundhill Magnificent Seven ETF , for example, which tries to replicate their performance, is up about 42% this year versus 22% for the S & P 500. But the stocks have lately come under pressure as Wall Street questions if they have more room to run. The CNBC Magnificent 7 Index — which peaked more than three months ago, in early July — fell sharply during the early August selloff and is down 1.3% in October while the broader market has inched higher by more than 1%. Here's what analy...
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Harris mocks Trump after rally turns into bizarre dance-a-thon
15Oct By No Comments
World News

Harris mocks Trump after rally turns into bizarre dance-a-thon

By Sebastian Smith, AFP Former US president and Republican presidential candidate Donald Trump speaks during a town hall at the Greater Philadelphia Expo Center and Fairgrounds in Oaks, Pennsylvania, on 14 October 2024. Photo: AFP / JIM WATSON Kamala Harris has questioned Donald Trump's mental state after the 78-year-old Republican's latest televised town hall veered into a surreal, impromptu music session. "Hope he's okay," the Democratic candidate posted on X. Harris' campaign, which has begun to aggressively challenge Trump on his health and mental stability, said that during the late Monday event he appeared "lost, confused, and frozen on stage". Former president Trump defended the event in the critical swing state of Pennsylvania, saying it was "so different". "It was amazing! T...
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Walgreens (WBA) earnings Q4 2024
15Oct By Aditi PawarNo Comments
Business

Walgreens (WBA) earnings Q4 2024

A sign sits in front of a Walgreens store on November 10, 2023 in Wheeling, Illinois. Scott Olson | Getty ImagesWalgreens on Tuesday reported fiscal fourth-quarter sales and adjusted profit that beat Wall Street's expectations, as the company slashes costs in an attempt to steer itself out of a rough spot.The retail drugstore chain also said it plans to close roughly 1,200 stores over the next three years, which includes 500 in fiscal 2025 alone. The company said those closures will be "immediately accretive" to its adjusted earnings and free cash flow.Walgreens has around 8,700 locations in the U.S., a quarter of which it says are unprofitable. Those closures will give Walgreens a "healthier store base" and "will enable us to respond to shifts in consumer behavior and buying preferences,"...
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Canada-India tensions: What’s happened and how did we get here?
15Oct By Aditi PawarNo Comments
Politics

Canada-India tensions: What’s happened and how did we get here?

A diplomatic row between Canada and India is back in the spotlight amid mounting foreign interference concerns and continued investigations of the 2023 killing of a Sikh separatist leader in British Columbia. In tit-for-tat moves, both countries expelled each others’ diplomats on Monday. Ottawa said it was expelling six Indian diplomats and consular officials “in relation to a targeted campaign against Canadian citizens by agents linked to the government of India.”The government acted “to disrupt the chain of operations that go from Indian diplomats here in Canada to criminal organizations, to direct violent impacts on Canadians right across this country,” Prime Minister Justin Trudeau said.Global News has learned agents working out of India’s high commission in Ottawa and consulates in Va...
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Boeing to raise as much as $25 billion to shore up balance sheet
15Oct By Aditi PawarNo Comments
Business

Boeing to raise as much as $25 billion to shore up balance sheet

Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist strike and problems throughout its aircraft programs."This universal shelf registration provides flexibility for the company to seek a variety of capital options as needed to support the company's balance sheet over a three year period," Boeing said in a statement.Earlier, Boeing separately said in a filing that it has an agreement with a consortium of banks for a $10 billion credit agreement."The credit facility provides additional short term access to liquidity as we navigate through a challenging environment," the company said in a statement. "The company has not drawn on this facility or its ex...
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Look beyond lumps for breast cancer symptoms, urge doctors
15Oct By No Comments
Health

Look beyond lumps for breast cancer symptoms, urge doctors

While the most common presentation in breast cancer is a lump in the breast, it can occur even without any noticeable symptoms, said doctors on Tuesday while urging for self-examination and screening. October is celebrated as breast cancer awareness month. Breast cancer is the most common cancer among women in India. With a high mortality rate, it is a major public health concern in the country. As per a recent ICMR study, breast cancer cases and deaths are expected to rise in India by 2045. However, the key is to detect the cancer in its early stages to help boost treatment outcomes as well as survival rates, said the experts. “Although most common presentation in breast cancer is lump in the breast, it can also present as swelling or lumps under the arm or near the collarbone, nippl...
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Kamala Harris aims to shore up support among Black men
15Oct By No Comments
World News

Kamala Harris aims to shore up support among Black men

By Trevor Hunnicutt, Reuters Photo: AFP / SAUL LOEB US Democratic presidential candidate Kamala Harris campaigns in Detroit, aiming to shore up support among Black men by capping the trip to the crucial 2024 election state of Michigan by appearing with radio host Charlamagne tha God. Charlamagne, a Black comedian and author who hosts radio program "The Breakfast Club," is known for his blunt interviews of celebrities. A Harris supporter, he has been critical of her and President Joe Biden in the past and called Democrats "cowards" for ineffectively prosecuting a case against Republican presidential candidate Donald Trump. His interview with Harris will be broadcast by iHeartRadio at 5pm Eastern time (10am NZT). On Wednesday, Harris will be interviewed on Fox News, the conservative-l...
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Trump town hall turns into playlist party as he bobs, dances onstage for 40 minutes – National
15Oct By Aditi PawarNo Comments
Politics

Trump town hall turns into playlist party as he bobs, dances onstage for 40 minutes – National

Donald Trump ‘s latest town hall in Pennsylvania turned into a spontaneous playlist concert Monday after two medical emergencies in the crowd interrupted the evening’s event. The 78-year-old Republican presidential nominee was about half an hour into the event in the Philadelphia suburbs when a medical emergency brought a question-and-answer session to a halt. Noticing a disruption in the crowd, he asked for a doctor to be brought in.As the man was treated by medics and taken out on a stretcher, Trump acknowledged how hot the rallies can get and asked for an instrumental version of Ave Maria to be played over the sound system.Just as he began to launch back into the Q and A, however, a second medical incident began taking place, and members of the crowd shouted for help.“It looks like, sir...
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All of the celebrities pictured partying with Diddy over the years
15Oct By No Comments
Life Style

All of the celebrities pictured partying with Diddy over the years

In March, Prince Harry was named in a lawsuit worth $30 million brought against Combs. The lawsuit, by producer Rodney ‘Lil Rod’ Jones, said that Diddy used his associations with “international dignitaries like British Royal, Prince Harry” to draw guests to his freak-off parties. Although there is no suggestion of wrongdoing on Prince Harry’s behalf, images of Harry, Prince William, Diddy and Kanye West backstage at the 2007 Concert for Diana have emerged online. When asked by Graham Norton in 2011 if he wanted to invite the princes to his parties, the rapper replied: “Not any more, they’re off the list. But before, when they were young bucks they were getting up to trouble themselves. So I was like, ‘Hey, why don’t you come out and hang with me’.”  Source link
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Amazon using tech from Khosla-backed Fulfil in Whole Foods pilot
15Oct By Aditi PawarNo Comments
Business

Amazon using tech from Khosla-backed Fulfil in Whole Foods pilot

As Amazon looks to add more automation into its supermarkets, the retailing giant is partnering with a Khosla Ventures-backed startup that just came out of stealth last year, CNBC has learned.Last week, Amazon announced it is piloting a new concept at one of its Whole Foods locations in a Philadelphia suburb, where a micro-fulfillment center will be bolted onto the store and allow shoppers to purchase staples not typically stocked by the organic grocer.The facility relies on warehouse automation technology from Fulfil, a San Francisco-based startup that develops robotic systems for grocers and other retailers, according to a person familiar with the matter and other corroborating information. The person asked not to be named because the plan is confidential.At a recent press event held nea...
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