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Wednesday, October 22
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SRN News
Netflix slumps as revenue forecast disappoints lofty investor expectations
By Kanchana Chakravarty -Netflix shares fell 7% in premarket trading on Wednesday after the streaming giant’s fourth-quarter revenue outlook failed to impress investors despite a strong line-up of shows, including the final season of “Stranger Things”. The tepid outlook undermines the company’s run of strong revenue ...
Wednesday, October 22
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SRN News
Volkswagen warns staff Nexperia dispute could disrupt output
By Ilona Wissenbach BERLIN (Reuters) -Volkswagen has alerted staff to the risk of short-term manufacturing disruptions because of a dispute over chipmaker Nexperia, it said on Wednesday. A company spokesperson told Reuters that VW had issued an internal letter to staff saying production had not yet ...
Wednesday, October 22
by
SRN News
Tesla set for strong quarter fueled by rush to get expiring US EV tax credits
By Akash Sriram and Abhirup Roy (Reuters) -Tesla is expected to post a surge in third-quarter results on Thursday, thanks to U.S. buyers rushing to take advantage of an expiring $7,500 federal electric vehicle tax credit. But investors and analysts may be more focused on Chief ...
Wednesday, October 22
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SRN News
Taiwan reports its first case of African swine fever and culls scores of pigs
TAIPEI, Taiwan (AP) — Taiwan reported its first cases of African swine fever on Wednesday and culled at least 195 pigs from the affected farm. Authorities also ordered a ban on the movement and slaughter of pigs across the island. The Ministry of Agriculture said ...
Wednesday, October 22
by
SRN News
Column-BNP Paribas genocide verdict sets stage for appeal on multiple grounds
By Jenna Greene (Reuters) -When a federal jury in Manhattan on Friday found French bank BNP Paribas liable for aiding Sudan’s genocidal regime by providing banking services that violated American sanctions, the decision set the stage for what’s likely to be a fierce battle on ...
Wednesday, October 22
by
SRN News
Japan says it plans to tell Trump it will build up military and upgrade security strategy
TOKYO (AP) — Japan’s new foreign minister said Wednesday his country plans to show its determination to further build up its defense to rapidly adapt to changing warfare realities and growing tension in the region when U.S. President Donald Trump visits Tokyo next week. Trump ...
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Wednesday, October 22
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Macomb Schools 185
Bomber Volleyball conclude the home portion of the regular season with a split with Unity S 25-16, 25-17 and V 25-21, 23…
Bomber Volleyball conclude the home portion of the regular season with a split with Unity S 25-16, 25-17 and V 25-21, 23-25, 26-28. #OnceABomberAlwaysABomber
Wednesday, October 22
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SRN News
Novo Nordisk shares fall as top investor drives board overhaul
(Reuters) -Shares in Novo Nordisk fell around 3% in early trading on Wednesday, extending their losses from a day earlier, after the Wegovy maker’s top investor proposed a sweeping board overhaul. The non-profit Novo Nordisk Foundation said that current chair Helge Lund and six other ...
Wednesday, October 22
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SRN News
Analysis-Novo’s board bust-up to sharpen drugmaker’s focus on US consumers
By Bhanvi Satija and Maggie Fick LONDON (Reuters) -Boardroom drama at Wegovy-maker Novo Nordisk has laid bare the company’s biggest challenge: how to better tap into America’s mass market for weight-loss drugs. The Danish drugmaker that initially soared on the success of its obesity drug has ...
Wednesday, October 22
by
SRN News
UK inflation unexpectedly holds steady and bolsters hopes of November rate cut
LONDON (AP) — Inflation in the U.K. unexpectedly held steady in the year to September as higher prices at the pump were offset by lower food costs, official figures showed Wednesday in a development that has bolstered hopes of another interest rate reduction next ...
Wednesday, October 22
by
SRN News
Mamdani aims to keep control while Cuomo angles for GOP votes ahead of final NYC mayoral debate
NEW YORK (AP) — New York City’s mayoral candidates are set to meet for their final debate Wednesday night, with Democrat Zohran Mamdani looking to stay in control of a race increasingly seen as his to win while former Gov. Andrew Cuomo amps up ...
Wednesday, October 22
by
SRN News
North Carolina GOP poised to redraw House map, aiming to secure another seat for Trump
RALEIGH, N.C. (AP) — North Carolina Republican legislative leaders were poised Wednesday to complete a retooling of part of the state’s U.S. House map in hopes of picking up an additional GOP seat and helping President Donald Trump retain majority control of the lower ...
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