Eli Lilly has some exciting opportunities in weight loss in the future, but investors shouldn't overlook its impressive dividend. Broadcom's business is booming due to artificial intelligence, and that can lead to more rate hikes to its dividend. Mastercard's payout ratio remains remarkably low, despite it significantly increasing its dividend...

3 Dividend Growth Stocks That Have Doubled Their Payouts in 5 Years

Philips' American depositary receipts (ADRs) surged Monday after it reported second-quarter earnings that saw comparable sales rise year-over-year. Revenue met analysts' estimates, while profits fell just short. ADRs jumped in late April when it announced a $1.1 billion settlement related to issues with its sleep apnea devices. American depositary receipts...

Philips Surges as Comparable Sales Grow, Guidance Affirmed

UPS delivered investors a mixed bag in Q2, reporting volume growth but shrinking revenue. It was “a significant turning point” for UPS, the “first time in nine quarters” the package delivery giant saw improved volumes in the US, CEO Carol Tomé said during an earnings call this week. The not-so-good news was that consolidated revenues declined 1.1% YoY to $21.8 billion and operating profit decreased 30.1% to $1.9 billion compared to Q2 2023.

UPS finally sees volume growth, but operating profit plummets

The tech-heavy Nasdaq plummeted by over 650 points on Wednesday, marking its worst performance of the year. This sharp decline followed the release of quarterly earnings reports from Tesla and Google parent Alphabet that came late Tuesday. Suggested Reading. As the ended, the Nasdaq fell 654 points, or 3.6%, while...

The Nasdaq plummets 650 points on its worst day of 2024 as Google and Tesla earnings drag down stocks

Markets Insider

Bristol Myers Squibb raised profit forecasts and beat revenue estimates amid strong sales for its blockbuster blood thinner Eliquis.

Bristol Myers surges 10%, its biggest increase since 2008, after boosting profit forecast

Tulsa, OK

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NewsByJoshua

QuikTrip (QT), the beloved convenience store chain with over 1,000 locations, is closing one of its most cherished stores. After serving the University of Tulsa community for nearly 40 years, the 11th Street QuikTrip will soon be shutting its doors.

Chain with 1,000 stores closes a major location unexpectedly after 40 years

Jeff Bezos is selling 25 million Amazon shares worth $5 billion, according to a regulatory filing on the day the tech giant’s stock hit a record high. The proposed sale on Tuesday came as Amazon’s stock closed at $200 per share, its highest price since Amazon’s 1997 NASDAQ listing.

Jeff Bezos selling $5B worth of Amazon shares as company’s stock hits all-time high

Here’s a story that’s making waves in the retail world: Conn's HomePlus, a well-known discount furniture chain, has just filed for Chapter 11 bankruptcy. And the news isn’t just about numbers—it’s about real people and places, so let’s dive into what’s happening.

Another retail giant has just filed for Chapter 11 bankruptcy and is shutting down several stores.

Shares of Ford fell more than 11% in after-hours trading Wednesday after the automaker reported much weaker than expected earnings. The company said it was compelled to set aside more money to cover the cost of repairing customers’ vehicles.

Ford keeps having to repair customers’ new cars and trucks. Its profit is plunging and its stock tumbled

Knight-Swift Transportation Holdings’ Q2 operating income fell 32.5% year over year to $63.5 million, the company said in its Q2 earnings report Wednesday. Despite growing revenue 18.9% from a year earlier, a $12.5 million auto liability claim settlement from 2020 tanked the carrier’s quarterly operating income. The setback...

Knight-Swift operating income plummets 32.5%

Steve B Howard

I've covered Muscle Cars from the 1960s and 1970s I like, Muscle Cars that had the best performance, cars that I have owned, fast cars that I have driven, and even classic VWs that I think are cool most recently.

Longest-Lasting Cars: Top 3 Most Reliable Models

Redbox, the iconic movie rental company with over 34,000 locations nationwide, has announced the closure of its operations following its parent company's filing for Chapter 11 bankruptcy. This decision has left many of its loyal users saddened, marking the end of an era for physical media enthusiasts.

A rental company with 34,000 locations has closed its doors

Diageo's CEO Debra Crew talks through the alcoholic beverage company's latest earning results.

Earnings downturn 'heavily driven by our Latin America region,' Diageo CEO says

Washington, DC

Deryl McKissack is no stranger to spotting toxic traits. McKissack, 63, is the founder and CEO of Washington D.C.-based construction firm McKissack & McKissack, which she launched with $1,000 from her savings in 1990. She churned through employees who weren't the right fit in her company's early years and the business struggled, she says.

63-year-old CEO shares the top 3 red flags she sees in employees: ‘No one wants to be in their presence'

McDonald's executives acknowledged during an earnings call Monday that diners consider the company's prices too high, and said they are taking a "forensic approach" to evaluating prices. Amid a broader consumer pullback and increasing prices, fast-food chains have had a difficult time drawing in lower-income diners. The company's recent $5...

McDonald's executives admit diners think prices are too high, say they're working to create value

In a landmark order, the U.S. Consumer Product Safety Commission said the agency unanimously agreed Amazon "fits squarely" within the definition of a distributor of goods and bears responsibility for the recall of faulty products. The decision addresses a thorny issue faced by Amazon for years, with the company arguing...

Federal regulator says Amazon can be held responsible for faulty goods sold on its marketplace

California State

In a concerning trend for California, numerous large companies are gearing up for significant layoffs, affecting thousands of workers across various industries. According to the WARN Tracker, California has seen a staggering 37,086 WARN layoffs this year alone, impacting 713 businesses statewide.

Concerns Rise as Massive Layoffs Hit California

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J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

Bed bugs aren't supposed to be part of the all-inclusive package on a cruise vacation. A woman is alleging an unsettling experience aboard a Royal Caribbean cruise ship, claiming she and her family were subjected to a bed bug infestation.

"I Paid $2K for a Bed Bug Cruise": Passenger Shares Royal Caribbean Story & Letter from Cruise Line

Illinois State

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

NewsBreak

PayPal lifts 2024 profit forecast for second time as spending holds up, margins improve

Shares in the payments giant rose 4% in premarket trading after results. American consumers have remained remarkably hardy despite higher-for-longer interest rates burning a hole in...

PayPal lifts 2024 profit forecast for second time as spending holds up, margins improve

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