Ford Q1 profits fall 28% as Ford Blue hit from F-150 ramp-up Ford's U.S. sales rose 6.8% in the first quarter, though F-Series trucks were down 10%. The automaker, though, now has a full lineup of the refreshed F-150 full-size trucks, including the Lightning ... 04/24/2024 - 9:49 am | View Link
London Stocks Hit New Record At Open The London stock market struck a new record peak in opening deals on Wednesday, propelled by easing geopolitical tensions and interest rate cut hopes as inflation cools. 04/24/2024 - 12:24 am | View Link
Vehicle sales dip 10% in March to 71,052 units Malaysia’s new vehicle sales slid 10% to 71,052 units in March 2024, from 78,881 units in March 2023, according to the latest Malaysian Automotive Association (MAA) statistics. 04/23/2024 - 10:00 am | View Link
‘Tortured Poets Department' Breaks Record for Weekly Vinyl Sales in Just Three Days, as Taylor Swift Sells 700,000 LPs Over a Weekend It feels potentially unlucky to talk about “breaking records” when the subject is actual LPs, but there’s no way around combining these terms when we’re talking Taylor Swift, the modern queen of vinyl ... 04/23/2024 - 1:30 am | View Link
Record Store Day shows strong demand for vinyl as a major chain cuts back on other media The retailer batted back rumors that it was halting sales of all physical media — though really the exclusive Taylor Swift vinyl LP released last week should've been a hint. However, DVDs will see a ... 04/22/2024 - 5:39 am | View Link
Against the global backdrop of violent conflicts, withering financial conditions and increasingly extreme weather events, leaders of major institutions have needed to adapt and pursue meaning beyond creating profit, as top officers of four companies discussed Wednesday on the TIME100 Summit stage.
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Tory Burch, Executive Chairman and Chief Creative Officer of Tory Burch, creator of the Tory Burch Foundation and member of this year’s TIME100, said when she considers leading her company for the past 20 years she “can’t believe she’s still standing.”
“Being an entrepreneur today is, as I mentioned, whiplash.
In 2021, troubled by a law change in Georgia that could restrict voting access, business leaders Ken Chenault and Ken Frazier partnered to gather the support of U. S. executives to take a stand. They secured more than 700 signatures for their statement opposing “discriminatory legislation.” But the pair told the audience at the TIME100 Summit on Wednesday that today’s political and social climate would make such an effort more difficult to achieve in 2024.
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“I think it would be much harder to get CEOs to take a stand on those issues or many other issues,” said Frazier, the chairman of health assurance Initiatives at General Catalyst, and former CEO at pharmaceutical company Merck—which, as a premiere partner for the TIME100 franchise, was a sponsor of the event—during a panel discussion alongside Chenault.
Selena Gomez is committed to Rare Beauty, she said at the 2024 TIME100 Summit in New York City on Wednesday. Gomez launched the vegan and cruelty free makeup line in Sept. 2020, and it has since amassed a valuation of $2 billion, a figure that led to reports of a potential sale in Rare Beauty’s immediate future.
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“I don’t think I’m going anywhere.
Enlarge (credit: Getty Images | Chesnot )
The Senate last night approved a bill that orders TikTok owner ByteDance to sell the company within 270 days or lose access to the US market. The House had already passed the bill, and President Biden signed it into law today.
The "Protecting Americans From Foreign Adversary Controlled Applications Act" was approved as part of a larger appropriations bill that provides aid to Ukraine, Israel, and Taiwan.
Enlarge / Players will be able to throw down a few bucks to get the Python Mk 2 starting next month. (credit: Frontier Developments)
Elite: Dangerous players will soon be able to pay real money for access to in-game ships for the first time, a major change that already has some long-time players raging about a "pay-to-win" shift for the long-running game.
Since Elite Dangerous launched over nine years ago, the game has sold ships in exchange for in-game credits earned through gameplay.
Enlarge / SpaceX landed its 300th booster on Tuesday. (credit: SpaceX webcast)
SpaceX launches have become extremely routine. On Tuesday evening, SpaceX launched its 42nd rocket of the year, carrying yet another passel of Starlink satellites into orbit. Chances are, you didn't even notice.
All the same, the cumulative numbers are mind-boggling.