In this articleUPSFollow your favorite stocksCREATE FREE ACCOUNTDavid Paul Morris | Bloomberg | Getty ImagesUPS workers ratified a massive five-year labor deal that includes big wage increases and other improvements to work rules and schedules, the International Brotherhood of Teamsters said Tuesday.The deal passed with 86.3% of votes, the highest contract vote in the history of Teamsters at UPS, according to the union.”Teamsters have set a new standard and raised the bar for pay, benefits and working conditions in the package delivery industry. This is the template for how workers should be paid and protected nationwide, and nonunion companies like…
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A Dick’s Sporting Goods store in Niles, Illinois, May 20, 2014.Getty ImagesCheck out the companies making headlines in midday trading.Dick’s Sporting Goods — The retail stock tumbled nearly 24% after Dick’s reported a rare earnings miss and slashed guidance for the year, thanks in part to an uptick in store theft. Earnings per share for its fiscal second quarter was $2.82, far short of the $3.81 consensus estimate, per Refinitiv. Revenue was $3.22 billion, versus the $3.24 expected.Macy’s – The department store stock sank 11% after Macy’s reiterated its cautious full-year outlook. Macy’s said it expects adjusted earnings per share…
Once Upon A One More Time, the revisionist fairy tale Broadway musical set to the hits of Britney Spears, continued its downward slide at the box office last week, with the latest figures suggesting the producers’ decision to close Sept. 3 was a smart one. For the week ending Aug. 20, the musical filled just 45% of seats at the Marquis, grossing $442,404 (a $69,604 drop from the previous week). Producers announced the early close yesterday, just a few months after the show began previews. On a more upbeat note, El Mago Pop, the limited engagement solo show by European…
SAN FRANCISCO – Sidus Space announced the acquisition Aug. 22 of Exo-Space, a startup focused on space-based edge processing and artificial intelligence. Sidus acquired Pasadena, California-based Exo-Space to expand its “talent, technology and total addressable market,” Carol Craig, Sidus founder and CEO, said in a statement. “Along with sales contracts and existing AI technology, the transaction includes the acquisition of Exo-Space’s collective experience in AI and machine learning. Sidus, an outgrowth of Florida-based Craig Technologies, was founded in 2011 to provide space-related products and services. In 2021, the company began selling stock publicly. In February, Sidus had raised $5.2 million…
Elon Musk is pushing to change how news links appear on his social media platform X, formerly called Twitter, in a move that could potentially undermine the ability of news publishers to draw audience. X is planning to remove the headline and text while retaining just the lead image from links to news articles shared on the platform, Musk said in a post late on Monday.This is coming from me directly. Will greatly improve the esthetics.— Elon Musk (@elonmusk) August 22, 2023The move is likely an attempt by Musk to get users to spend more time on X and push them…
In this articleMETAFollow your favorite stocksCREATE FREE ACCOUNTJaap Arriens | Nurphoto | Getty ImagesWASHINGTON — House lawmakers cited the continuing sale of recalled baby products linked to infant deaths on Meta’s Facebook in a round of letters to 17 companies questioning compliance with U.S. Consumer Product Safety Commission standards about the listing of unsafe products.”Meta’s failure to prevent recalled products from being posted for sale on its platform has resulted in your users and their children being placed at risk of purchasing and using a product that CPSC has found to pose a serious risk of injury and potential death,”…
NewsJustin Timberlake and Sky Ferreira Star in Trailer for New Netflix Movie Reptile: WatchGrant Singer’s feature film directorial debut hits Netflix on October 6By Matthew StraussAugust 22, 2023FacebookTwitterJustin Timberlake as Will Grady in Reptile (courtesy of Netflix)FacebookTwitterGrant Singer is the director and co-writer of the new Netflix movie Reptile. The film—starring Benicio Del Toro, Justin Timberlake, Sky Ferreira, Alicia Silverstone, Eric Bogosian, Ato Essandoh, and more—follows a detective as he tries to solve a murder case. The movie starts streaming on Friday, October 6. Watch the trailer below.Reptile is the feature film directorial debut from Singer, who is well known…
In this articleTSLAFollow your favorite stocksCREATE FREE ACCOUNTPallets of depleted lithium-ion batteries at JB Straubel’s Redwood Materials are ready for recycling.Source: CNBCRedwood Materials, the battery-recycling startup founded by Tesla board member JB Straubel, recently nabbed Tesla’s vice president of powertrain engineering, Colin Campbell, to serve as chief technology officer.Based in Carson City, Nevada, Redwood was founded by Straubel in 2017 while he was still serving as Tesla’s CTO. Straubel resigned from Tesla in 2019 to focus on Redwood.Campbell announced the move on LinkedIn on Monday, capping a 17-year tenure working for Elon Musk’s electric vehicle company in a variety of…
Don’t look now, but Labor Day Weekend will be here before you know it—which means one thing: fall is coming, and with a new season comes new clothes (obviously). Sure, you may still be experiencing a good share of too-hot-to-handle summer days, but that doesn’t mean you can’t get a head start on those fall wardrobe staples. And just in case you needed any more reason to consider filling your cart (and therefore your closets) with some stylish new additions, plenty of brands are already starting to roll out the best Labor Day fashion sales.Whether you’re hoping to stock up…
And Just Like That… is not slowing down at Max. The polarizing Sex and the City sequel has been renewed for a third season. Max revealed in a press release that the show ranks as the streamer’s No. 1 original series overall as well as its most-watched returning original series to date. “We raise our cosmos to [showrunner] Michael Patrick King and his magnificent team of writers, producers, cast and crew who continue to charm us, 25 years later, with dynamic friendships and engaging stories,” Sarah Aubrey, head of original content on Max, added in a statement. “We cannot wait…
If you feel a bit like Goldilocks while picking out a sweatshirt, you probably need one of the best lightweight hoodies for men. Not too hot and not too cold, the hoodies on this list are *just right*, especially for the steamy summer months.Ideal for when you need a light layer, a thin hoodie for summer is a wardrobe essential. Sure, you’ll get plenty of wear out of it during the hottest time of the year. But you’ll also find occasions to bust it out when you need something nice and breezy rather than an oversized cotton sweatshirt. To help…
My family immigrated to the U.S. from the former Soviet Union as political refugees when I was two years old. We left the only home my parents had known—the country where my great-grandfather was murdered as an enemy of the state, where my father had to join the army to “earn” one of the few medical school spots open to Jews, where my grandfather had to bribe a government official for me to be named Ruth (it wasn’t an option in the Soviet book of names). Having grown up under much more stable conditions in Los Angeles, these stories are…
Researchers claim that the new IAU code of conduct offers a safe space for harassers. (Courtesy: iStock/PonyWang) Astronomers have voiced their concern over an update by the International Astronomical Union (IAU) to its harassment policy, which they say helps to provide a safe space for harassers. The changes to the code were announced last week in an e-mail sent to IAU members from its president, Debra Elmegreen. The e-mail said that the IAU’s executive committee had modified its 13-page code of conduct to include a “substantive change†to its harassment policy. According to the revised code, it is now “a…
In this articleLOWFollow your favorite stocksCREATE FREE ACCOUNTThe Lowe’s logo is displayed on the front of the store near Bloomsburg.Paul Weaver | Lightrocket | Getty ImagesLowe’s reported mixed fiscal second-quarter results on Tuesday, as consumers’ interest in tackling springtime projects helped offset weakening home improvement demand.The home improvement retailer topped Wall Street’s earnings estimates, but fell slightly short of expected sales.Lowe’s stuck by its full-year forecast. It anticipates total sales will range between $87 billion and $89 billion for the period. It projects comparable sales will drop by 2% to 4% this fiscal year. It expects adjusted earnings per share…
EXCLUSIVE: The National Association of Theatre Owners’ EVP & General Counsel Jackie Brenneman has departed, several sources inform Deadline. This became effective Friday. Brenneman was also one of the founders, and the President of NATO sister org, The Cinema Foundation. The news follows in the wake of the new administration at NATO led by new President and CEO Michael O’Leary who took over for outgoing org boss John Fithian back in May. At the end of June, NATO VP & Chief Comms Officer Patrick Corcoran departed after 24 years at the exhib org. Brenneman was a vital lynchpin in NATO’s…
SAN DIEGO — Eutelsat has scheduled a shareholder vote Sept. 28 to get the final approval needed to take over OneWeb after clearing all regulatory hurdles for the multi-orbit merger. The French operator of geostationary satellites is expected to complete its all-share deal for the British low Earth orbit (LEO) broadband network shortly after the meeting, if Eutelsat’s shareholders vote in favor of the transaction. Top shareholders collectively holding 49.4% of Eutelsat as of March 31 have already voiced support for the plan, announced a year ago valuing OneWeb at $3.4 billion. OneWeb’s shareholders previously approved the merger. Eutelsat said…
AjnaXR Pro and AjnaXR SE mixed reality headsets were recently launched at an event in Mumbai. Created by Indian XR startup AjnaLens, the high-end Pro model is powered by a Qualcomm XR2+ Gen 1 chipset and has two 2.1-inch high-resolution LCD displays. Both headsets run on Android 12 and support Wi-Fi 6 and Bluetooth 5 connectivity. The headsets offer integration with the company’s AjnaVidya learning platform, according to the company. They are powered by a 5,500mAh battery and are claimed to offer over three hours of battery life.AjnaXR Pro, AjnaXR SE price in IndiaAjnaXR SE price in India is set…
Special counsel Jack Smith speaks to members of the media at the US Department of Justice building in Washington, DC, on August 1, 2023.Saul Loeb | AFP | Getty ImagesSpecial counsel Jack Smith argued Monday that there was no good reason why Donald Trump’s federal election interference trial should be delayed until spring of 2026, as the former president is requesting.To set a trial more than two-and-a-half-years away “would deny the public its right to a speedy trial,” Smith wrote in a six-page filing in U.S. District Court in Washington, D.C.Trump’s filing “cites inapposite statistics and cases, overstates the amount…