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The Latest Breaking News from Company

Mastercard's Strong Earnings Signal Americans Are Still Spending, Despite Inflation Fears

Mastercard (NYSE: MA) reported fiscal third-quarter results on Thursday. The company reported quarterly net revenues of $8.60 billion, up 17% year-over-year and 15% Y/Y on a neutral currency basis, beating the analyst consensus estimate of $8.53 billion.

Benzinga

California Termination Letters: What to Include and How to Say It

Ending someone’s employment is never easy, and the letter that follows can feel like salt in the wound if it’s stiff or unclear. In California, though, that letter often decides whether the parting stays calm or turns into a long dispute.

inkl

Sherwin-Williams Shines In Q3 Thanks To Strong Paint And Coatings Sales Despite Soft Demand

Sherwin-Williams Co (NYSE:SHW) shares are seeing blue skies on Tuesday after the company reported third-quarter FY25 results.

Benzinga

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DoorDash's Most Active Dashers Are 'Unauthorized Workers:' Culper Shorts DASH Saying 10-11% Pay Raise Would 'Wipe Out' 2024 EBITDA

Short-seller Culper Research has initiated a short position in DoorDash Inc. (NASDAQ:DASH), alleging in a new report that the company’s financial success is built on a “supply crisis” solution: a “backdoor” system for onboarding unauthorized workers.

Benzinga

Cleveland-Cliffs Q3 Preview: Will Trump Get Praised By Company For Tariffs Again?

Steel producer Cleveland-Cliffs Inc (NYSE:CLF) could highlight how tariffs helped the American manufacturing sector when the company reports third-quarter financial results before market open on Monday, Oct. 20.

Benzinga

How JP Morgan Wants To Fix America's Supply Chain Problem

JP Morgan Chase Co. (NYSE:JPM) shares are trading higher on Monday. The company introduced a $1.5 trillion 10-year Security and Resiliency Initiative.

Benzinga

Damon's Founder and Former CEO Is Suing the Company, and It's Getting So Messy

Jay Giraud, who founded Damon Motors with the current CEO, Dom Kwong, is suing the company and half its employees after being forced out last year.

RideApart

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Disney investors argue Kimmel's suspension hurt profits, demand investigation

The group of Disney investors is also demanding access to company records.

Axios

Google Says Biden Admin Pressured Company To Remove Content

Plus: ICE helps arrest sex workers, the SIM farm "security threat," Waymo car crashes caused by human error, and more...

Reason

YouTube To Reinstate Creators Banned Over Misinformation

YouTube is set to reinstate creators previously banned for promoting Covid-19 misinformation and false election-related content, according to a letter sent Tuesday by parent company Alphabet to a Republican lawmaker.

International Business Times

Teen arrested over massive cyber attack on Las Vegas strip that cost casinos $100M

In late 2023, several Las Vegas casinos were targeted by an ‘organized cyber threat-actor group,’ police say

The Independent UK

What the Heck Just Went On With Motorcycle Helmet Maker Ruroc?

Apparently, Ruroc—the motorcycle helmet maker—went into self-imposed administration. But then it was bought by the holding company that owns Ruroc. We're confused, too.

RideApart

Longtime Cracker Barrel foe urges shareholders to vote against ‘worse than mediocre’ CEO after dismal earnings

"The Company has become a laughingstock," wrote the CEO of Steak 'n Shake and Biglari Holdings, which also controls Maxim magazine.

Fortune

Spirit Airlines slashes 25 percent of its flights as its bankruptcy struggles continue

Airline’s recent flight cuts come months after it filed for Chapter 11 bankruptcy for the second time in less than a year

The Independent UK

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Benzinga

Why Bullish Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket

Shares of Bullish (NYSE:BLSH) rose sharply in pre-market trading after the company posted a profit for the second quarter after Wednesday's closing bell.

The National (Scotland)

All jobs at risk as Scottish waste and landfill business enters administration

ALL jobs at a landfill and waste business in Falkirk are at risk of being lost as the firm which runs it has entered administration ...

Benzinga

UTime Stock Surges Over 64% After-Hours Amid Fraudulent Press Release Controversy

UTime Ltd. (NASDAQ:WTO) shares jumped 64.84% to $2.11 during after-hours trading on Thursday after the Chinese mobile device manufacturer clarified that unauthorized press releases claiming management changes were fraudulent.

Al Jazeera

Rupert Murdoch seals deal passing control of media empire to eldest son

Legal settlement ensures Lachlan Murdoch will take control of sprawling media portfolio after 94-year-old mogul’s death.

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Pedestrian.tv

The Murdochs Settle Family Dispute Over Who Will Take Over The Publishing Empire

After Rupert tried to remove the three siblings’ voting power within the multi-billion dollar company in a project he reportedly titled “Project Family Harmony”, the three siblings took him to court. Well, the verdict has just arrived and it's the best Succession episode we could've asked for.

The Independent UK

The real life succession: Lachlan Murdoch wins control of family empire and takes the reins of Fox Corporation

The deal has ended litigation between the family after Rupert, 94, tried and failed to change the family trust and give control to his son, Lachlan

The Guardian - US

Murdoch family reaches deal to resolve succession fight over media empire

Family announces Rupert Murdoch’s eldest son, Lachlan Murdoch, will secure control of business

Digital Camera World

The brand behind the iconic Gorillapod flexible tripods has just been sold to a China-based photography accessory company

Videndum, the company behind photo giants like Manfrotto and Lowepro, has agreed to sell the Joby brand

Evening Standard

Babou Ceesay on Alien: Earth's twist-filled standalone episode

Episode 5 of Alien: Earth is a classic standalone episode which closely echoes Ridley Scott’s original film. One of the show’s breakout stars Babou Ceesay guides us through it

Benzinga

Caterpillar Stock Is Sliding After The Bell: Here's Why

Caterpillar Inc (NYSE:CAT) shares are falling in Thursday’s after-hours session after the company warned of tariff impacts for the remainder of the year.

PC Gamer

Intel warns its deal with the US government may be bad for business, while reports claim it won't prevent the fabs being sold off and the whole thing might not be legal, anyway

The CHIPS Act apparently doesn't allow for equity stakes...

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