Profits slip at Japan's Sony, hit by lengthy Hollywood strike
Sony has reported that its profit in the July-September quarter slipped 29% from a year earlier, as damage from a strike in the movie sector offset boosts from a favorable exchange rate
2023-11-09 16:50
Japanese automaker Honda reports its 3Q profit jumped on strong demand at home and in the US
Honda has reported that its profit jumped 34% in the July-September quarter from a year earlier as a cheap yen helped boost the Japanese automaker’s overseas strong earnings thanks to healthy demand, especially in the U.S. Honda’s profit rose to 254 billion yen, or $1.7 billion, from 189 billion yen
2023-11-09 15:47
MGM's CEO says tentative deal to avoid strike will be reached with Las Vegas hotel workers union
The CEO of MGM Resorts International says the company is close to reaching a tentative deal with the Las Vegas hotel workers union
2023-11-09 13:53
The US and Chinese finance ministers are opening talks to lay the groundwork for a Biden-Xi meeting
Treasury Secretary Janet Yellen and her Chinese counterpart are meeting in San Francisco to open two days of talks aimed at making progress on a slew of economic issues at a time when competition has markedly intensified between the two countries
2023-11-09 13:17
Indonesia sentences another former minister to 15 years for graft over internet tower project
Indonesia’s anti-graft court on Wednesday sentenced a former Cabinet minister to 15 years in prison after finding him guilty of corruption over the construction of mobile phone transmission towers in remote parts of the country
2023-11-09 10:46
Hollywood actors strike is over as union reaches tentative deal with studios
Hollywood's actors union has reached a tentative deal with studios to end its strike
2023-11-09 09:17
Disney reports sharp profit growth in the fourth quarter and an expansion of its cost-cutting drive
Walt Disney Co. has reported sharp profit growth for its fiscal fourth quarter while announcing an expansion of its cost-cutting drive under returning CEO Bob Iger
2023-11-09 08:26
Beyond Meat revenue falls as rising demand in Europe can't overcome plummeting US sales
Beyond Meat’s revenue fell nearly 9% in the third quarter as higher sales of its plant-based meat in Europe failed to make up for plummeting demand in the U.S. Beyond Meat on Wednesday reported revenue of $75.3 million for the July-September period
2023-11-09 05:51
Santa Fe voters approve tax on mansions as housing prices soar
Voters have approved a tax on mansions to pay for affordable housing initiatives in the state capital city of Santa Fe
2023-11-09 03:57
Judging from the level of complaints, air travel is getting worse
Complaints about air travel are soaring
2023-11-09 02:59
FDA approves new version of diabetes drug Mounjaro for weight loss
Federal regulators say a new version of the popular diabetes treatment Mounjaro can be sold as a weight-loss drug
2023-11-09 02:25
Commercial fishing groups sue 13 US tire makers over rubber preservative that's deadly to salmon
The 13 largest U.S. tire manufacturers are facing a lawsuit from a pair of California commercial fishing organizations that could force the companies to stop using a chemical found in almost every tire because it kills migrating salmon
2023-11-09 02:24