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Sir Jim Ratcliffe is set to make another 100 members of staff redundant at Manchester United, taking his total cull to 350 since assuming control at Old Trafford. United have lost £300 million in the past three years and a looming new round of job cuts is said to have left the rank and file feeling they are paying the price for mistakes at executive level.
Published on: February 11, 2025, 09:00 PM UTC
Humana (HUM) shares have plummeted 8.2% on mixed Q4 results. Despite beating sales expectations, earnings and EBITDA missed estimates. Declining customer count weighed on the growth outlook. Is Humana a buy now after the drop?
Published on: February 11, 2025, 08:05 PM UTC
BP pivots away from renewables, refocuses on fossil fuels; CEO Auchincloss says it's 'a new direction for BP' amidst pressure from Elliott Management.
Published on: February 11, 2025, 08:04 PM UTC
Bank of America forecasts record net interest income by 2025 due to growth in consumer banking.
Published on: February 11, 2025, 08:04 PM UTC
Apple's Beats Powerbeats Pro 2 earbuds feature built-in heart rate sensors, improved audio capabilities, and extended battery life. Compatible with both Apple and Android devices, they offer active noise cancellation, transparency mode, and personalized spatial audio for iPhone users.
Published on: February 11, 2025, 08:03 PM UTC
Trump's second term starts with a whimper as approval ratings and business sentiment drop due to tariff concerns and inflation fears.
Published on: February 11, 2025, 08:02 PM UTC
China's BYD teams up with DeepSeek to challenge Tesla's autonomous technology dominance.
Published on: February 11, 2025, 08:02 PM UTC
Coca-Cola's CFO says a 25% aluminum tariff won't lead to higher prices for consumers anytime soon, but the company is innovating with new can sizes and packaging.
Published on: February 11, 2025, 08:02 PM UTC
The growing crisis in the insurance industry may make it hard to get a mortgage in parts of the country in the coming decades, Federal Reserve Chairman Jerome Powell said on Tuesday.
Published on: February 11, 2025, 08:01 PM UTC
Elon Musk offers $97.4 billion to buy OpenAI, the nonprofit governing the popular AI research lab. OpenAI CEO Sam Altman dismisses the offer, but experts say it could complicate OpenAI's plans to convert to a for-profit company. Musk's bid raises the potential market value of OpenAI's assets and could force the company to raise more capital, diluting the value of existing investors' stakes.
Published on: February 11, 2025, 08:00 PM UTC