SpaceX test fires engines in the towering rocket booster of its Starship prototype on February 9, 2023. Source: SpaceX SpaceX on Thursday test fired 31 of the 33 engines in the towering rocket booster of its Starship prototype, as the company prepares to launch the rocket to orbit for the first time. Called a “static
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In this article CMCSA DIS Follow your favorite stocksCREATE FREE ACCOUNT Disney CEO Bob Iger said Thursday that “everything is on the table” with streaming service Hulu. Disney owns two thirds of the streaming service, which focuses on more adult-oriented general entertainment content such as the series “Only Murders in the Building” and the sci
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Disney CEO Bob Iger appeared on CNBC’s “Squawk on the Street” Thursday following the company’s announcement it would cut 7,000 jobs and slash $5.5 billion in costs as part of a larger reorganization. Iger, who returned to Disney’s helm in November, said Thursday he had
Starship prototype 24 stacked on top of Super Heavy booster prototype 7 at the company’s facility near Brownsville, Texas on January 9, 2023. SpaceX WASHINGTON – SpaceX President Gwynne Shotwell said Wednesday the company plans to attempt a major Starship milestone this week. SpaceX on Thursday will attempt a “static fire,” simultaneously testing all 33
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said it would now be made up of three divisions: Disney Entertainment, which includes most of its streaming and media
In this article UAA Follow your favorite stocksCREATE FREE ACCOUNT Under Armour shoes are seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour reported holiday quarter earnings Wednesday that beat Wall Street’s expectations, but the retailer is contending with a growing inventory glut that heavy
A man shops for used vehicles at the Toyota of Deerfield dealership in Deerfield Beach, Florida. Getty Images DETROIT – Stronger-than-expected demand for used vehicles last month led to the largest increase in wholesale values since late 2021, according to new data Tuesday from Cox Automotive. The automotive data firm’s Manheim Used Vehicle Value Index
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A Bed Bath & Beyond store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images Bed Bath & Beyond will live to see another day – at least for now. The beleaguered home goods
In this article NFLX AAPL Follow your favorite stocksCREATE FREE ACCOUNT Illustration by Elham Ataeiazar The media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes over as the primary way the world watches television. Still, the details of
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT An Amazon-branded Boeing 767 freighter, nicknamed Amazon One, flies over Lake Washington during the Seattle Seafair Air Show on Aug. 5, 2016 in Seattle. Getty Images One of Amazon‘s key air cargo operators said Monday that the e-commerce giant is scaling back on flights this