In this photo illustration the Penn Entertainment logo seen displayed on a smartphone mobile screen. Raphael Henrique | SOPA Images | Light flare | Getty Images Penn Entertainment Thursday became the first US gambling company to post a profit in its sports betting business in the last three months of a year. Usually, it is …
Penn sports betting business posts fourth quarter profit Read More »
Ford CEO Jim Farley removes his mask during the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford engine is set to release its fourth quarter results after the bell on Thursday. Here’s what Wall Street expects, according to …
Tom Brady #12 of the New England Patriots celebrates with team owner Robert Kraft after defeating the Seattle Seahawks 28-24 during Super Bowl XLIX at University of Phoenix Stadium on February 1, 2015 in Glendale, Arizona. Tom Pennington | Getty Images New England Patriots owner Robert Kraft wants Tom Brady to re-sign with the team …
Robert Kraft wants Tom Brady to retire with the Patriots Read More »
New York CNN — An unopened first-generation iPhone from 2007 is hitting the auction block Thursday – with an estimated value of $50,000. Originally on sale for $599, the first iPhone offered early Apple adopters a 3.5-inch screen with a 2-megapixel camera, plus 4 GB and 8 GB storage options, internet capabilities and iTunes. It …
A first generation iPhone going up for auction hopes to fetch $50,000 Read More »
Feb 1 (Reuters) – ChatGPT, OpenAI’s popular chatbot, is estimated to have reached 100 million monthly active users in January, just two months after its launch, making it the fastest-growing consumer app the fastest in history, according to a UBS study on Wednesday. The report, citing data from analytics firm Similarweb, says around 13 million …
ChatGPT sets record for fastest growing user base – analyst notes Read More »
Market rout worsens in shares of Indian tycoon Adani Adani Enterprises loses $26 billion in value since report Falls after Adani pulls stock sale, investors fear Analysts say signals crisis of confidence in Indian market NEW DELHI/MUMBAI, Feb 2 (Reuters) – Adani Group’s market losses hit more than $100 billion on Thursday, raising concerns about …
Adani’s market losses top $100bn as discontinued stock sale spooks investors Read More »
Hong Kong/London CNN — Shell made a record a profit of nearly $40 billion in 2022, more than double what it made the year before after oil and gas prices spiked following Ukraine’s invasion of Ukraine. Russia. Europe’s biggest oil company by revenue reported adjusted annual profit of $39.9 billion on Thursday – more than …
Shell posts nearly $40 billion in profit, announces $4 billion in buyouts Read More »
TOKYO, Feb 2 (Reuters) – Japan’s Honda Motor Co (7267.T) said it would start producing a new hydrogen fuel cell system jointly developed with General Motors Co (GM.N) this year and increase gradually its sales this decade, into an offer to develop its hydrogen activity. Honda will target annual sales of around 2,000 units of …
Honda will start producing a new hydrogen fuel cell system co-developed with GM Read More »
For years, Wall Street has complained about Silicon Valley’s refusal to pay dividends and buy back shares as tech companies become cash-generating machines. That’s no longer a problem, even though these tech companies are generating less profit than they did in previous years. In fact, some tech companies are essentially paying Wall Street even though …
CNN — President Joe Biden on Wednesday announced further progress on his administration’s “competition agenda,” specifically targeting unwanted fees while calling on Congress to pass legislation targeting hidden fees in multiple sectors. These costs can “drain hundreds of dollars a year from the pockets of hard-working American families, especially people who are already struggling to …
Biden proposes ‘junk fee’ bill to cut hidden fees for credit cards and concert tickets Read More »