Market updates


 GE Vernova blames latest offshore wind blade failure on high winds, shares rise

GE Vernova blames latest offshore wind blade failure on high winds, shares rise

August 31, 2024 05:03 AM AEST| By EODHD

Energy equipment maker GE Vernova on Friday said recent turbine blade failures at two offshore wind farms in the United States and the United Kingdom are unrelated and blamed the latest mishap on stro...

 Meta beats lawsuit over race-based hiring program for commercial

Meta beats lawsuit over race-based hiring program for commercial

August 31, 2024 05:00 AM AEST| By EODHD

A Manhattan federal judge has dismissed a white electrician's lawsuit accusing Meta Platforms of facilitating race bias by tapping a production company that participated in a diversity hiring program...

 Salesforce CEO Marc Benioff says Microsoft Copilot has disappointed many customers

Salesforce CEO Marc Benioff says Microsoft Copilot has disappointed many customers

August 31, 2024 04:57 AM AEST| By EODHD

Marc Benioff said Microsoft’s Copilot AI hasn’t lived up to the hype. The Salesforce CEO said on the company’s second-quarter earnings call that its own AI is nothing like Copilot, which he said was u...

 Canadian Rail Union Appeals Decision Ordering Binding Arbitration

Canadian Rail Union Appeals Decision Ordering Binding Arbitration

August 31, 2024 04:47 AM AEST| By EODHD

The court filings won’t disrupt efforts by Canadian National Railway and Canadian Pacific Kansas City to fully recover freight-rail operations. Continue reading View comments

 Why the Dow Is Lagging Behind Today

Why the Dow Is Lagging Behind Today

August 31, 2024 04:46 AM AEST| By EODHD

The Dow was trailing the other two major indexes on Friday because some of its most important stocks were struggling. The Dow was down 36 points, or 0.1%, while the S&P 500 was up 0.3%. The Nasdaq Com...

 FDA authorizes Novavax's updated COVID vaccine targeting JN.1 strain

FDA authorizes Novavax's updated COVID vaccine targeting JN.1 strain

August 31, 2024 04:44 AM AEST| By EODHD

The U.S. Food and Drug Administration on Friday granted emergency use authorization for an updated version of Novavax's COVID shot.

 Ukraine's officials tell US it needs stronger air defense

Ukraine's officials tell US it needs stronger air defense

August 31, 2024 04:40 AM AEST| By EODHD

Top Ukrainian officials, including Economy Minister Yulia Svyrydenko, Defence Minister Rustem Umerov and the president's chief of staff Andriy Yermak, began a visit to Washington on Friday, the Ukrain...

 How Costco leveraged its supply chain to become 3rd largest retailer on Earth | WHAT THE TRUCK?!?

How Costco leveraged its supply chain to become 3rd largest retailer on Earth | WHAT THE TRUCK?!?

August 31, 2024 04:40 AM AEST| By EODHD

On episode 753 of WHAT THE TRUCK?!? Dooner is joined by supply chain super consultant Brittain Ladd to talk about how Costco leveraged its supply chain to become the third largest retailer in the worl...

 Columbia tries new restrictions as students and protests return to campus

Columbia tries new restrictions as students and protests return to campus

August 31, 2024 04:38 AM AEST| By EODHD

The university's administrators are hoping to avoid a repeat of the pro-Palestinian demonstrations that roiled the school earlier this year.

 Canadian dollar notches biggest monthly advance this year

Canadian dollar notches biggest monthly advance this year

August 31, 2024 04:35 AM AEST| By EODHD

The Canadian dollar held on to much of its monthly gain against its U.S. counterpart on Friday as investors bet the global economy would avoid recession and Canadian GDP data did little to alter expec...

 Mexican drug lord, who founded ultra-violent Zetas, released from US prison

Mexican drug lord, who founded ultra-violent Zetas, released from US prison

August 31, 2024 04:33 AM AEST| By EODHD

One of the most notorious drug chiefs in Mexico's history, Osiel Cardenas, was released from a U.S. prison on Friday into the custody of immigration officials, the U.S. Federal Bureau of Prisons said.

 Brazil's government to end 2024 within fiscal target tolerance band, finance minister says

Brazil's government to end 2024 within fiscal target tolerance band, finance minister says

August 31, 2024 04:31 AM AEST| By EODHD

Brazil Finance Minister Fernando Haddad said on Friday that the government should close this year within the tolerance band of its fiscal target if Congress approves the compensation for payroll tax w...

 Market Chatter: Telus Mulls Spinoff of Unwanted Real Estate Into REIT

Market Chatter: Telus Mulls Spinoff of Unwanted Real Estate Into REIT

August 31, 2024 04:10 AM AEST| By EODHD

Market Chatter: Telus Mulls Spinoff of Unwanted Real Estate Into REIT

 Senators want Biden to lower South Korean import quota for piping products

Senators want Biden to lower South Korean import quota for piping products

August 31, 2024 04:04 AM AEST| By EODHD

Three Democratic U.S. senators urged the Biden administration on Friday to reduce the current import quota set on oil and gas drilling pipes from South Korea, saying it has impacted companies with ope...

 Verizon to speak at Citi 2024 Global TMT Conference September 5

Verizon to speak at Citi 2024 Global TMT Conference September 5

August 31, 2024 04:00 AM AEST| By EODHD

Verizon Communications, Inc. NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Joe Russo, Executive Vice President, Verizon (NYSE, Nasdaq: VZ) & President of Global Networks and Technology, is scheduled to...

 Verizon to speak at BofA Securities Media, Communications & Entertainment Conference Sept. 4

Verizon to speak at BofA Securities Media, Communications & Entertainment Conference Sept. 4

August 31, 2024 04:00 AM AEST| By EODHD

Verizon Communications, Inc. NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Sowmyanarayan Sampath, Executive Vice President for Verizon (NYSE, Nasdaq: VZ), and CEO for Verizon Consumer, is scheduled to s...

 Tough Leipzig clash to test Leverkusen's Champions League nerves, Alonso says

Tough Leipzig clash to test Leverkusen's Champions League nerves, Alonso says

August 31, 2024 03:56 AM AEST| By EODHD

Bayer Leverkusen are not in their best form and will need to improve to get a win in their Bundesliga clash with fellow Champions League side RB Leipzig, manager Xabi Alonso said on Friday.

 Ukraine's air force commander dismissed after F-16 crash

Ukraine's air force commander dismissed after F-16 crash

August 31, 2024 03:51 AM AEST| By EODHD

President Volodymyr Zelenskiy dismissed Ukraine's Air Force Commander Mykola Oleshchuk on Friday, according to a presidential decree.

 Atletico boss Simeone in terse mood before Bilbao clash

Atletico boss Simeone in terse mood before Bilbao clash

August 31, 2024 03:49 AM AEST| By EODHD

Atletico Madrid manager Diego Simeone was not in the mood to explain himself on Friday ahead of his side's LaLiga clash at Athletic Bilbao, in a press conference which lasted four minutes and 31 secon...

 Burkina Faso massacre survivor describes 'horrible' bloodshed in trenches

Burkina Faso massacre survivor describes 'horrible' bloodshed in trenches

August 31, 2024 03:43 AM AEST| By EODHD

A woman who survived the massacre of hundreds of villagers in central Burkina Faso described the horror of searching through bodies to find her brothers, in an interview following the attack claimed b...

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