State California Financial News

05.08 / 02:43

BLOCK Discover DISH After weeks of silence, NASA restores contact with the 47-year-old Voyager 2 spacecraft,interstellar

After weeks of silence, NASA finally managed to communicate with its 46-year-old Voyager 2 spacecraft on Friday. Communication was restored after flight controller corrected a mistake that led to weeks of silence. Two weeks ago, VOyager 2 stopped communicating because of a wrong command sent by controllers to the space craft.

04.08 / 20:27

Facebook BLOCK Google Platform Instagram country social Threat Facebook owner Meta carries out threat to block news in Canada. Google plans to do the same

Facebook and Instagram parent company Meta is keeping its promise to block news content in Canada on its platforms in response to a new law that requires tech giants to pay publishers for linking to or otherwise repurposing their content online

04.08 / 20:27

UPS Lowe's Yellow country Power PUMP Power at the gas pump: Oregon lets drivers fuel their own cars, lifting decades-old self-serve ban

Oregon has ended a decades-old ban on self-serve gasoline

04.08 / 20:27

UPS Action Airlines FedEx track plane Investigators cite pilot fatigue among reasons that a FedEx plane landed on the wrong runway

Investigators say pilot fatigue contributed to an incident in which a FedEx plane landed on the wrong runway after an overnight flight

04.08 / 20:27

UPS Digital Google Apple show cover Drop analysts Apple's earnings top analysts' forecasts, but year-over-year sales drop for third straight quarter

Apple eked out slightly higher profit even though sales dipped during its latest quarter

04.08 / 18:15

FIVE Extreme Racing Actor show performer track Why ChatGPT Is Getting Dumber at Basic Math

Since becoming widely available to the public last year, artificial-intelligence chatbots have dazzled people who experimented with them, kicked off a global development race and even contributed to the strike in Hollywood over their impact on writers and actors. AI tools have also generated fear that they will inexorably improve and threaten humanity. OpenAI’s ChatGPT debuted to the public in November, sparking the current frenzy, followed by Chat GPT-4 in March, meant to be more powerful than its predecessor.

04.08 / 17:21

FIVE Williams Immunic Connecticut law ending religious vaccine exemptions for children is upheld

By Jonathan Stempel

04.08 / 14:47

COST Target CEO EV maker Fisker cuts output forecast on supply chain woes, shares slide

(Reuters) -Fisker Inc fell nearly 9% on Friday after supply chain issues forced a cut in its annual production target, taking the shine off its smaller-than-expected quarterly loss and the first revenue from deliveries of its electric sport utility vehicles.

04.08 / 05:43

UPS Citi Provident Strategy ICE country US expands curfews for asylum-seeking families to 13 cities as an alternative to detention

families while they wait for initial screenings after crossing the border, signaling they are comfortable with early results of what is intended as an alternative to detention. The curfews began in May in four cities and, on Friday, grow to 13 locations, U.S. Immigration and Customs Enforcement officials told advocates.

03.08 / 17:39

UPS FIVE Progressive SUN show performer Sun Pharma Q1 PAT misses estimates

₹2,022.5 crore for the quarter ended 30 June, 1.9% less than the net profit of ₹2,060.9 crore reported in the year-ago quarter. Profit came lower than analysts’ consensus estimate of ₹2,164.5 crore as indicated by Bloomberg. However, the company said its adjusted net profit (excluding the exceptional items) for Q1FY24 at ₹2,345.4 crore was up 13.8% over the same quarter last year.

03.08 / 17:21

COST Target Entertainment Strategy Hasbro EON film Deal Hasbro selling eOne television and movie business to Lionsgate in $500M deal

Hasbro is selling its eOne television and movie business to Lionsgate in an approximately $500 million deal, after having paid $4 billion for the company four years ago

03.08 / 17:21

Twitter CEO Align Parke rock Schools 2024 California voters may face dueling measures on 2024 ballot about oil wells near homes and schools

Environmental advocates in California are launching a campaign to ask voters to ban new oil and gas wells near homes, schools and hospitals

03.08 / 16:11

Man Action COP show social Sikh Sikh man thrashes robber at California store until he says, ‘I’m going to go’ | Watch

While robberies at convenience stores in the United States are not unusual, a Sikh man tackling one such incident with what appeared to be a broom is definitely rare. Recently in California, a Sikh man, reportedly a convenience store owner, thrashed a thief who tried to walk away with packets of cigarettes, cigars and vapes. The video of the Sikh man thrashing the robber has now gone viral on social media.

03.08 / 15:17

Reuters CEO Action Tesla show performer class action Tesla faces California class action on its EV range claims

(Reuters) — Three Tesla (NASDAQ:TSLA) owners in California on Wednesday sued the automaker in a proposed class action that accuses the company of falsely advertising the estimated driving ranges of its electric vehicles.

03.08 / 13:23

UPS SUN MAT Sun Pharma Q1 Results: Net profit drops 2% YoY to Rs 2023 crore

Sun Pharma on Thursday reported a 2% year-on-year (YoY) drop in net profit to Rs 2023 crore in Q1FY24 due to exceptional items worth Rs 323 crore. The company reported a net profit of Rs 2061 crore during the corresponding quarter of the same period. Revenue rose 10.7% YoY to Rs 11,785 crore in Q1FY24.

03.08 / 13:13

Reuters CEO Action Tesla performer class action California Tesla owners file class action over false EV range claims

Three Tesla (NASDAQ:TSLA) owners from California filed a proposed class action lawsuit against the automaker Wednesday. The legal complaint alleges that Tesla engaged in false advertising of the estimated driving ranges of its electric vehicles.

03.08 / 12:47

UPS Citi Provident country Sunrun jumps on 'solid' Q2 release

Sunrun (NASDAQ:RUN) shares are up over 8% premarket Thursday after topping second-quarter consensus earnings expectations.

03.08 / 11:35

FIVE CEO track Allworth’s Hanson, McClain stepping down as co-CEOs

Scott Hanson and Pat McClain, who started an advisory firm in 1993 that has grown into $18 billion Allworth Financial, announced Wednesday they are stepping down from their roles as Allworth’s co-CEOs.

03.08 / 10:53

Twitter MAT Banner country Sunak UK PM Rishi Sunak's mansion scaled, black fabric hung in protest by Greenpeace activists | WATCH

PM Rishi Sunak is detrimental to environment protection. "We desperately need our prime minister to be a climate leader, not a climate arsonist," news media outlet AFP quoted Greenpeace UK climate campaigner Philip Evans.

03.08 / 10:01

COST UPS Southern Prologis Why Warehouse Rents Keep Going Up While Demand Is Dropping

Warehouse rental prices across the U.S. have never been as high as they were in the second quarter, when the average asking rent for industrial space reached $9.59 a square foot.

03.08 / 08:59

COST SUN Bottomline Time Sun Pharma Q1 Results: Cons PAT falls 2% YoY to Rs 2,023 crore on one-time expense

Sun Pharmaceutical on Thursday reported a nearly 2% year-on-year (YoY) drop in consolidated net profit for the quarter ended June 2023 to Rs 2,023 crore. Revenue from operations increased nearly 11% on year to Rs 11,941 crore.

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