Tag: online business

Corporate Diversity Programs Face Rollbacks Amid Changing Landscape

Published on: February 21, 2025, 09:02 PM UTC

Coca-Cola FEMSA reported fourth quarter net income of $363 million and annual profit of $1.3 billion.

Published on: February 21, 2025, 02:05 PM UTC

China left its benchmark lending rates unchanged on Thursday, keeping monetary stimulus in check amid yuan weakness and narrowing bank margins, as it prioritizes financial and currency stability.

Published on: February 20, 2025, 02:00 AM UTC

JPMorgan CEO Jamie Dimon calls for restructuring of financial regulatory agencies, including the CFPB, arguing for a streamlined system that balances consumer protection with efficient banking practices.

Published on: February 14, 2025, 11:02 AM UTC

Nearfield Instruments, a Dutch measurement tools provider, plans to list on the stock market by 2028, potentially joining other publicly-listed chip equipment makers in the Netherlands. CEO Hamed Sadeghian said the company has seen growing adoption of its tools, including orders from a US customer. Nearfield, founded in 2016, has raised $148 million to expand its operations.

Published on: February 13, 2025, 11:00 AM UTC

Service Corp. International reports Q4 net income of $151.4 million, beating estimates by $1.06 per share. Revenue of $1.09 billion also topped expectations. Full-year earnings were $518.6 million, or $3.53 per share, on revenue of $4.19 billion. The company expects full-year earnings in the range of $3.70 to $4 per share.

Published on: February 12, 2025, 11:07 PM UTC

Anavex Life Sciences (AVXL) reported a $12.1 million loss in Q1, a 14-cent loss per share. AVXL shares have fallen 23% YTD, but have risen 35% in the past year.

Published on: February 12, 2025, 01:06 PM UTC

Chinese automaker BYD has partnered with DeepSeek to develop new autonomous technology that could rival Tesla's FSD system. BYD's "God's Eye" ADAS system will be enhanced with DeepSeek's AI capabilities, potentially challenging Tesla's dominance in the autonomous driving market.

Published on: February 11, 2025, 11:03 PM UTC

Elon Musk is helping dismantle the agency that would oversee his plans to transform X into a digital payments platform. The Consumer Financial Protection Bureau (CFPB) ensures that companies like large banks, mortgage lenders, student loan servicers, and online payment apps don't bilk their customers. Critics say that if the CFPB is mothballed, Musk may stand to personally benefit.

Published on: February 11, 2025, 02:01 AM UTC

Despite looming tariffs, the stock market continues to trade near record highs. This is because earnings, the most significant driver of stock prices, continue to perform well. However, new tariffs could impact earnings, leading to market volatility. Investors should monitor the situation closely and consider the potential consequences before making investment decisions.

Published on: February 10, 2025, 05:03 PM UTC