In a video promoting the new book “God Bless the USA,” former President Trump held up the book, which flaunts the American flag on its cover, and declared, “Make America Pray Again.”Trump has long championed unusual merchandise, with T-shirts bearing his image flying off virtual shelves, generating $7 million in just over a day, according to his campaign. The new Bible, which retails for $59.99, brings together the Bible, the Constitution, the Declaration of Independence, the Bill of Rights and the Pledge of Allegiance, as well as the lyrics of country singer Lee Greenwood's famous song “God Bless the United…
Author: ricardofrancois
Check out which companies are making headlines in extended trading. GameStop – The video game retailer fell 15% after announcing shrinking revenues compared to the same period last year. GameStop reported $1.79 billion in the fourth quarter, which was less than the $2.23 billion seen in the comparable three-month period a year earlier. But the company reported adjusted earnings per share of 22 cents, higher than the figure of 16 cents per share last year. Direct Digital – Shares fell 46% after the advertising platform provider reported a net loss of $1.2 million in the fourth quarter. This compares to…
The drivers were circling Koreatown, driving a truck full of party girls. The so-called “Domi” — dressed in bikinis, miniskirts and tight dresses — were looking to get work at one of the many karaoke bars that filled the neighborhood.Domi's drivers, named after the flight attendants who transport them, can earn $40 an hour for each passenger hired to party with karaoke clients. Every month, drivers pay a portion of their earnings to Daikun Cho, a well-known figure in Koreatown.Authorities arrested Zhu last year, and he has since been charged with 55 counts of extortion, one count of attempted extortion…
Ford Motor Co. kept its 2024 guidance unchanged Tuesday. Meanwhile, Amazon's pharmacy efforts have added another headache, and the newest member of Disney's board of directors weighed in on the ongoing proxy battle at the entertainment giant. Here's a closer look at these headlines and our thoughts on each. YTD Mountain F stock performance year-to-date. News: Ford CFO John Lawler on Tuesday reiterated the company's 2024 operating guidance at the Bank of America Securities Auto Summit. Ford still expects to earn between $10 billion and $12 billion in adjusted earnings before interest and taxes, or EBIT; Generating adjusted free cash…
On Tuesday, the Food and Drug Administration approved a drug from… Merck It's designed to treat a progressive, life-threatening lung condition, representing a win for both the drugmaker and patients with the rare disease.The agency has given the green light to the treatment, to be marketed as Winrevair, for adults with pulmonary arterial hypertension. This decision is a big step for the approximately 40,000 people in the United States living with the disease, because Winrevair is the first drug to target the root cause of the condition. Other medications available only help manage symptoms. The condition refers to the narrowing…
Canada Goose jackets are on display at a store in Richmond Hill, Ontario.Chris Su | toronto star | Getty ImagesCanada goose It said Tuesday it would cut about 17% of the companies' workforce, following a string of other retailers laying off staff this year as consumers continue to pull back on discretionary spending. It is not clear how many employees will be laid off. The cuts will affect employees at Canada Goose's corporate headquarters, which had about 915 employees as of April 2023, according to a securities filing. Between April 2021 and April 2023, Canada Goose nearly doubled headcount at…
Concept Genesis NewlonoriginNew York -” Hyundai Genesis is previewing the future of the increasingly prominent luxury brand with a large new all-electric concept car called the Newlon.The full-size SUV features a sleek exterior design illuminated by long horizontal headlights and taillights reminiscent of the brand's current electric vehicles, although more modern.Neolun's interior design — derived from the Greek word “neo,” or new, and the Latin word “luna,” meaning moon — is minimalistic compared to many modern concepts that include door-to-door displays. The SUV features a large central screen with physical buttons below it and a control panel and knob to…
New orders for long-duration goods rose in the United States in February, driven by a slight rise in aircraft spending, while underlying measures of business spending improved.Orders for durable goods, which include washing machines, cars and aircraft, rose 1.4 percent in February compared to a decline of 6.9 percent the previous month, according to the Census Bureau. This exceeds expectations for an increase of 1.1 percent. Excluding transportation, new orders for durable goods rose 0.5 percent from a 0.3 percent decline in January. New orders for non-defense capital goods excluding aircraft, which is a proxy for business investment, rose 0.7…
Check out the companies making headlines in midday trading. Krispy Kreme – Krispy Kreme's price jumped nearly 30% and is on track for its best day ever. McDonald's plans to sell the company's donuts in its restaurants across the country by the end of 2026, with the initial rollout starting later this year. McDonald's shares were little changed. Trump Media and Technology Group – Shares of former President Donald Trump's social media company rose 35% after it began trading on the Nasdaq. Trump Media has completed its merger with the shell company Digital World Acquisition Corp. on monday. McCormick -…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, selects her favorite stories in this weekly newsletter.Once again, Donald Trump is challenging the establishment. The blank-check merger phenomenon that has swept U.S. capital markets during the pandemic has largely subsided. Cash shell companies brought a series of immature companies to the public markets. High interest rates and low profits quickly sent many into the dustbin. Regulators have stepped in to add protections for shareholders.But Trump's startup venture, Trump Media and Technology Group, has ended its SPAC merger, despite long-term prospects. On Tuesday, in early trading, TMTG shares rose…