Amazon earnings are today. Here’s what to expect
The retail and cloud giant is expected to report revenues of $157.3 billion for the quarter ended in September, according to analyst estimates compiled by FactSet (FDS0.00%).
Election betting site Polymarket has been giving Trump good odds. But it also might have a big fraud problem
The news of wash trading comes after a Bloomberg report earlier this month found that a tiny percentage of users making big bets can easily swing the odds for one candidate or the other.
Ford stock is sinking as high costs and supplier issues could take a toll
“In 40 years in the industry, I’ve seen a lot of game-changer products,” Farley said, calling a planned midsize electric pickup “one of the most exciting” and adding that “it matches the cost structure of any Chinese auto manufacturer building in Mexico in the future.”
All the ways Donald Trump is promising to cut taxes if he wins
If elected to the White House in November, Trump is set to push Congress to enact at least some of the proposals he’s touted over the past several months, which he argues would help boost the U.S. economy and people’s personal finances.
The McDonald’s Quarter Pounder E.Coli outbreak has sparked a big onions recall
The loss of the chain’s popular item could lead to a significant drop in sales, which has already prompted financial firm Baird to downgrade its rating on McDonald’s stock.
Southwest Airlines threw in the towel in its fight against activist investor Elliott
“We believe the strategic changes Southwest has announced since we commenced our engagement, together with the new independent directors and governance improvements, will position the Company to enhance business performance, drive operational execution and evaluate additional changes to create long-term shareholder value,” said Elliott partner John Pike and portfolio manager Bobby Xu in a statement.
Florida district agrees to improve student restraint policies
During the monitoring period, which will last for at least the 2024-25 school year,review all incidents involving the restraint of students to determine if the actions were consistent with district procedures, written instructions, and related training.
Disney needs a new CEO. Meet the Wall Street banker in charge of replacing Bob Iger
In an unusually public move, Gorman announced in May of 2023 and that he would be stepping down as CEO of Morgan Stanley within a year and that he would be pick his successor from among the bank’s three main division heads.
The 10 best deals on new cars right now, according to Consumer Reports
Alfa Romeo’s Tonale Veloce features the smallest discount on this list, but it also isn’t the most expensive, according to Consumer Reports.
Chick-fil-A is launching a family-friendly app to drive sales
The Chick-fil-A Play app will launch on Nov. 18 and will feature a variety of content, including an original animated series, scripted podcasts, games, recipes, and e-books — all designed to entertain families, the company shared in an email to Quartz.
Teacher shortage solutions to implement in the short-term
During these conversations, we discussed a handful of challenges they’re facing due to teacher shortages, including having difficulty hiring for specific subject areas like world languages and Advanced Placement® to unexpected absences in the middle of the school year.
20 of the most boring cars ever made
What sets the Aveo apart was not only its Ambien-in-car-form looks, its lack of power, not being particularly reliable, meh fuel economy relative to its size, or its Fisher-Price interior.
The next winner of the AI boom is also one of its biggest problems
After the company completed its $6.6 billion funding round, the startup’s leaders told some employees that it would start leaning less on Microsoft for data centers and AI chips, according to The Information, which cited unnamed people familiar with the matter.
The 10 worst deals on new cars right now, according to Consumer Reports
Using data from TrueCar, the team looked at actual transaction prices and found the mainstream vehicles that are still selling for more than six percent more than sticker.
Donald Trump says Tim Cook is a better Apple CEO than Steve Jobs
During the podcast, Trump also said Cook had called to discuss the billions of dollars the European Union has fined Apple, adding that he won’t let the bloc “take advantage” of American companies if he wins the November election.
Starbucks seriously needs to cool it on coffee innovations, analyst says
Notably, the sugar and soy milk that once sat by the registers has long been removed, frustrating some customers and making baristas’ jobs harder, the Wall Street Journal (NWSA+0.28%) reported.
The Dow rises 150 points on strong retail sales and surging AI stocks
A report from the U.S. Census Bureau revealed that retail sales climbed by a seasonally adjusted 0.4% for the month, an improvement over August’s unchanged 0.1% gain and surpassing the 0.3% rise predicted by economists.