Meta’s second-quarter earnings report comes after a 50% plunge in the company’s stock price this year.Story Published at: July 27, 2022 at 08:31PM
Facebook parent Meta set to report Q2 earnings after the bell
Elon Musk has taken even shorter flights than Kylie Jenner’s 17-minute trip, says jet-tracking teen
Jack Sweeney, a college sophomore who tracks billionaires’ and celebrities’ jets, says Elon Musk has taken shorter flights than Kylie Jenner’s recent 17-minute trip.Story Published at: July 27, 2022 at 08:27PM
Fed Chair Jerome Powell said he does not think the U.S. is currently in a recession
Story Published at: July 27, 2022 at 08:10PM
The space economy grew at fastest rate in years to $469 billion in 2021, report says
The global space economy grew last year at the fastest annual rate since 2014, according to a report by the Space Foundation.Story Published at: July 27, 2022 at 05:15PM
Assault weapon sales generated more than $1 billion for gun makers over a decade, House panel says
Major gun manufacturers have made over $1 billion in the the last decade selling assault weapons, according to the House Oversight panel.Story Published at: July 27, 2022 at 04:47PM
McDonald’s raises price of a cheeseburger in the UK for the first time in 14 years
McDonald’s has hiked the price of its cheeseburger in the U.K. for the first time in 14 years as cost pressures bite.Story Published at: July 27, 2022 at 01:38PM
Boeing results fall short of estimates but manufacturer still expects to be cash flow positive this year
Boeing and Airbus has benefitted from a rebound in travel but supply chain and labor constraints are hindering output.Story Published at: July 27, 2022 at 12:40PM
Credit Suisse chairman denies plans to sell or raise capital after mammoth loss
Credit Suisse Chairman Axel Lehmann has denied any intention to sell or merge the embattled Swiss lender after it reported a massive second-quarter loss.Story Published at: July 27, 2022 at 10:59AM
Singapore’s sovereign wealth fund warns of ‘profound uncertainties’ as inflation rises
Singapore’s sovereign wealth fund GIC reported stable returns for the year but warned of uncertainties amid inflation worries, pandemic risks and geopolitical challenges.Story Published at: July 27, 2022 at 07:00AM
Putin’s new gas squeeze condemns Europe to recession and a hard winter of rationing
Ukraine’s President Volodymyr Zelenskyy said the move was tantamount to a “gas war.”Story Published at: July 27, 2022 at 06:49AM