Oprah Winfrey will be leaving the board of directors of WW and donating her stock to the National Museum of African American History and Culture, as she continues to be a vocal advocate for weight health and aims to eliminate any conflict of interest with her use of weight loss medication.
Salesforce plans to pay a quarterly dividend of $0.40 per share after exceeding fourth-quarter earnings and revenue expectations, showcasing management's confidence in the business.
Robotics firm Figure has announced a $675 million Series B funding round and a partnership with OpenAI to develop next-generation AI models for humanoid robots.
Sam Bankman-Fried, despite facing a potential sentence of 100 years or more for committing a major fraud, is attempting to reverse his conviction and reshape his public image with the help of high-profile lawyers, a PR campaign, and his wealthy parents.
Eye ointment products manufactured by Brassica Pharma Pvt. Ltd. are being recalled at Walmart and CVS due to concerns about lack of sterility assurance, posing a potential risk of eye infections or harm to users.
An American Airlines flight from New York to Spain was diverted to Boston's Logan International Airport due to a cracked windshield, leading to customers being provided with overnight hotel accommodations and a replacement flight the next day.
Girl Scout parents take on the logistical challenge of picking up thousands of cookie packages to fulfill orders in a multi-hour operation that requires coordination and teamwork.
Former Alabama coach Nick Saban is scheduled to speak to workers at Mercedes-Benz's Vance plant to honor his retirement and thank him for his insights on leadership and team performance throughout his time as the head coach of the Alabama Crimson Tide.
Researchers at Consumer Reports have discovered vulnerabilities in popular video doorbells sold on major online retail sites like Amazon and Walmart, allowing hackers to take over the devices and view camera footage, highlighting the concerning lack of software security in off-brand smart devices and the need for online retailers to do more to ensure consumer safety.
Initial jobless benefit claims rose by 13,000 to 215,000 in the week ended Feb. 24, indicating some softening in the labor market but still suggesting solid economic growth and stable unemployment.
The Chemours Co has announced leadership changes, with Denise Dignam appointed as Interim CEO and Matt Abbott as Interim CFO, and has provided unaudited preliminary financial results for 2023, including a decrease in net sales and a net loss compared to the previous year. The company is also undergoing an internal review of its practices and has experienced a delay in the release of its financial results and annual report.
Snowflake Inc.'s stock has dropped nearly 23% in premarket trading following the retirement of CEO Frank Slootman and the establishment of conservative guidance for fiscal 2025, leading to concerns about the company's growth and management's credibility.
C3.ai reported strong third-quarter fiscal year 2024 results, with total revenue of $78.4 million (an 18% YoY increase) and a total of 445 customer engagements (an 80% YoY increase), driven by the growing demand for enterprise AI and generative AI applications across various industries.
Tesla CEO Elon Musk is generating excitement for the revamped Roadster model, stating that the design objectives have been significantly elevated and the car can accelerate to 60 miles per hour in less than a second, with reports suggesting that it could start shipping next year, despite facing challenges in demand and increased competition in the EV market.
OpenAI and its CEO Sam Altman are under regulatory scrutiny, with investigations by the SEC and federal prosecutors potentially hindering their global ambitions in the AI industry.
Despite a 13% increase in new listings of homes for sale, high mortgage rates and soaring home prices have caused a decline in sales.
Video doorbells sold by a Chinese company called Eken and listed under various brands on popular marketplaces like Amazon and Walmart have serious security flaws that expose users to risks such as unauthorized access and surveillance.
Uber has introduced a new feature in California that allows teens, with parental supervision, to ride alone, providing convenience and peace of mind for busy parents.
Outback Steakhouse in Roseville, Michigan has closed after 29 years, but the company assures customers that it was a business decision and not a reflection of the management or staff.
Germany's industrial decline, particularly in the chemical and heavy industry sectors, is largely due to policies that have caused energy costs to skyrocket, serving as a warning to other leading industrial nations.
Oprah Winfrey is stepping down from her role at WeightWatchers and will donate her financial stake to the National Museum of African American History and Culture, causing a significant drop in the company's stock price.
Oprah Winfrey is stepping down from the board of WeightWatchers after eight years, as the company faces financial losses and competition from weight-loss drugs.
Shares in Snowflake (SNOW) plunged after the software maker reported Q4 earnings that beat Wall Street targets but revenue guidance for fiscal 2025 fell well below expectations, and the company announced the retirement of its CEO, Frank Slootman.
A new report predicts that millennials will experience a windfall of $90 trillion in assets over the next 20 years, making them the richest generation in history, despite the challenges they currently face, such as an inaccessible housing market and student debt.
Marathon Digital's shares are down over 8% after reporting its fourth-quarter results, which showed strong revenue growth but also highlighted the impact of new accounting rules on its EPS; however, the company plans to increase its hash rate capacity and has significantly reduced its debt.
The world's largest brewer, Anheuser-Busch InBev, may have lost $1.4 billion in sales due to a backlash over its partnership with a transgender influencer to promote Bud Light beer.
Snowflake's CEO Frank Slootman's surprise retirement without proper communication resulted in a sharp stock sell-off of more than 23%.
A Powerball ticket worth $2 million was purchased in New Jersey for Wednesday's night's lottery drawing.
Viking Therapeutics, a biotech company specializing in weight loss drugs, saw its shares surge 120% after positive data from a phase 2 trial, indicating potential success in the weight loss market despite competition from giants like Eli Lilly and Novo Nordisk.
An American Airlines flight from New York to Spain was forced to land in Boston after the plane's windshield cracked, but passengers were given overnight accommodations and will continue their journey on a replacement aircraft.
New Yorkers will have the opportunity to voice their opinions about the proposed $15 congestion toll in Manhattan, with the first public comment hearing taking place soon, prompting concerns from essential workers about the financial burden it may impose and the potential impact on traffic and pollution.
Celsius Holdings Inc. reports record-breaking Q4 revenue of $347 million, a 95% increase from the previous year, and full-year revenue of $1.318 billion, marking a 102% surge, as the company strengthens its presence in the energy drink market and expands its reach through strategic partnerships.
The $4 billion surveillance startup Flock Safety has been exaggerating and cherry-picking crime statistics to promote its AI-powered license plate readers, despite evidence that its technology does not significantly reduce crime rates.
New York City is set to implement a congestion pricing plan in mid-June, charging drivers a toll to enter Midtown Manhattan in order to reduce congestion and raise funds for transportation upgrades, with rates ranging from $15 for passenger vehicles to $7.50 for motorcycles.
Video doorbell cameras from budget-minded brands Eken and Tuck, which are widely available on e-commerce sites, have serious security vulnerabilities such as sending public IP addresses and Wi-Fi SSIDs without encryption, allowing takeover by malicious actors, and accessing still images from the video feed, according to a security investigation by Consumer Reports.
The net worth requirement to enter the top 1% of wealth in the U.S. has risen to $5.8 million, a 12% increase from the previous year, while other countries like Monaco have even higher thresholds, according to the 2024 wealth report from Knight Frank.
Panera is launching its biggest menu transformation in brand history, adding nine new items and revamping 12 popular favorites, with new sandwiches, salads, and an entrée, as well as enhancements to classic menu items.
Apple has warned customers against using rice to dry out a wet iPhone as the grains may damage the phone's internal components, and instead recommends tapping out the water, waiting 30 minutes, and leaving the phone in a dry area for 24 hours.
Some businesses and restaurants are offering freebies and discounts to celebrate Leap Day on Feb. 29, 2024.
Investors are closely watching the upcoming release of the core Personal Consumption Expenditures (PCE) Index, as a higher-than-expected reading could potentially delay the Federal Reserve's plans to loosen monetary policy and lead them to keep interest rates higher for longer.
Hormel Foods has paid dividends consistently for 382 consecutive quarters, making it an attractive dividend stock, despite its recent drop in stock price, presenting an opportune time to invest due to its potential for future earnings growth and inexpensive valuation.
Hormel Foods, one of the greatest dividend stocks, has experienced an unprecedented drop in its stock price, making it an unusually cheap investment opportunity with potential for future growth in convenience store channels and higher-margin revenue sources.
The Biden administration is proposing new regulations to improve air travel for people with disabilities, including holding airlines accountable for mishandling passengers' wheelchairs and requiring more robust training for workers assisting disabled passengers or handling wheelchairs.
Nvidia's rapid growth in the AI chip market is driven by a small group of tech giants, but the risk of losing customers who are developing their own AI chips poses a potential challenge for the company's future.
Nvidia's customer concentration, with six companies accounting for 51% of its revenue, poses a potential risk as these companies may develop their own AI chips, potentially leading to a loss of business for Nvidia.
The Biden administration has proposed new rules aimed at improving the handling of wheelchairs by airlines and providing better assistance to passengers with disabilities.
ExxonMobil has filed a lawsuit against investor groups Arjuna Capital and Follow This, accusing them of abusing the system by repeatedly filing shareholder proposals to micromanage the company's business and force climate-related actions, potentially setting a precedent for other corporate litigation against climate activists.
The Biden-Harris Administration is implementing new actions to create affordable homes, improve rental markets, and boost the supply and affordability of manufactured homes. These actions include bolstering federal programs for affordable housing, making the HOME program easier to use, providing funding for housing for low-income seniors, unlocking affordable housing tax credits for disaster-affected states, and supporting manufactured housing communities. Additionally, efforts are being made to promote fairer and more transparent rental markets by clarifying banned non-rent fees, ensuring tenants' rights for military service members, preventing unfair evictions, and promoting prospective renters' rights during the screening process.
Despite some hurdles such as slow adoption and limited charging infrastructure, experts believe that the electric vehicle (EV) market in the US will eventually thrive and experience solid growth in the coming years.
Gemini Trust, a cryptocurrency exchange founded by the Winklevoss twins, will return over $1.1 billion to customers and pay a $37 million fine following a settlement with the New York Department of Financial Services over failures in its lending program.