Today: September 19, 2024
Today: September 19, 2024

Exclusive-GM's Cruise valuation slashed by more than half, email shows

FILE PHOTO: A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco
April 26, 2024
Greg Bensinger - Reuters

By Greg Bensinger

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FedEx misses estimates for quarterly profit on lower demand for priority services

FedEx lowered its full-year revenue forecast and missed Wall Street estimates for first-quarter profit on Thursday as demand in the package industry remained muted, especially for priority

FedEx misses estimates for quarterly profit on lower demand for priority services
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Nike names company veteran Elliott Hill as new CEO; John Donahoe to retire

Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up

Nike names company veteran Elliott Hill as new CEO; John Donahoe to retire
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Nike is getting a new CEO as struggles mount

Nike is getting a new CEO as struggles mount

Nike is getting a new CEO as struggles mount
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BOJ to keep policy steady, signal more rate hikes to come

BOJ to keep policy steady, signal more rate hikes to come
Business|Economy|Finance|Stock Markets

M&G sees value in long-dated government bonds, non-US equities

M&G sees value in long-dated government bonds, non-US equities
Business|Economy|Finance

US homebuilder Lennar posts bigger Q3 profit on higher home deliveries

US homebuilder Lennar posts bigger Q3 profit on higher home deliveries
Business|Entertainment|Lifestyle

Halloween shoppers hunt for early deals while total spending eases, survey shows

Halloween shoppers hunt for early deals while total spending eases, survey shows