In an unsettling end-of-week regulatory filing, Ticketmaster parent Live Nation Entertainment reported Friday that it had caught a hacker trying to sell user data via the dark web. The episode dates to May 20, the company said in the SEC filing. The company said it had “identified unauthorized activity within a third-party cloud database environment […]
Flight attendants at Endeavor Air, a Minneapolis-based regional carrier, are increasing pressure on parent company Delta Air Lines to end a tiered payment structure and increase their wages to more closely align with what Delta pays its mainline workers. Endeavor Air is a wholly owned subsidiary of Delta doing business as Delta Connection. Regional carriers […]
(Bloomberg) — Shares of Temu parent PDD Holdings Inc. are being held back by geopolitical risks and fierce competition in China’s e-commerce sector. Most Read from Bloomberg Granted, it US-listed stock has surged 43% surge from a March low, but it’s still trading at just 13 times expected earnings for the next year. That’s half […]
When Google restructured its business as Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) it broke out its Other Bets segment from its core Google operations. While many investors are familiar with some of those other bets like Waymo (autonomous vehicles) and Verily (life sciences), the segment also includes a $7 billion investment fund called CapitalG. CapitalG is […]
Once every quarter, institutional money managers with more than $100 million in assets under management are required to file Form 13F with the Securities and Exchange Commission. A 13F provides an under-the-hood look at what Wall Street’s brightest investment minds have been buying and selling in the latest quarter. However, 13Fs aren’t just limited to […]
PDD stock jumped in early Wednesday trading, after Chinese e-commerce company PDD Holdings (PDD) reported first-quarter results that exceeded expectations. Sales for the Temu parent company jumped 131%. X PDD Holdings said early Wednesday that it earned an adjusted 20.72 Chinese yuan ($2.83) per share from sales of $86.8 billion yuan ($12 billion) for the […]
By Rupam Jain and Rajendra Jadhav NEW DELHI (Reuters) – As Prime Minister Narendra Modi faces voter fatigue and some resistance from a resurgent opposition in India’s mammoth general election, foot soldiers of his party’s Hindu nationalist parent have stepped in to help regain momentum, insiders said. With less than two weeks left of a […]
The Rocklin Unified School District Board of Supervisors voted Wednesday night to enter into a legal agreement with the Liberty Justice Center in its ongoing legal battle with the California Department of Education. Four members of the five-person board voted Wednesday to work with the group, which has offered to represent the district pro-bono, after […]
Federal prosecutors in Los Angeles indicted Lexington-based Fazoli’s parent company Fat Brands and three officials in a $47 million “sham loan” scheme that defrauded shareholders. Fat Brands, which is a publicly traded company, bought Fazoli’s in November 2021, adding to a stable of brands including Fatburger, Johnny Rockets, Hurricane Grill and Wings, Yalla Mediterranean and […]
At 8 p.m. on Thursday, the A&E series “Accused: Guilty or Innocent” will air an episode set in Kansas that features Wichita attorney Jess Hoeme of Joseph, Hollander & Craft. “Murderous Mother or Protective Parent?” shares the story of Wellington resident Ashley Pearson, who was charged with second-degree manslaughter for fatally stabbing her live-in boyfriend, […]
Stellantis (STLA) stock slid on Tuesday as the company reported first quarter sales and shipments that fell compared to a year ago, just as a slew of new vehicles is poised to hit showroom floors later this year. The Big Three automaker — which has a more European-focused product portfolio compared to rivals like GM […]
An elementary school parent is accusing the Verona Board of Education of failing to protect her young daughter from being sexually assaulted by a classmate. The mother is suing the board, F.N. Brown Elementary School principal Anthony Lanzo, Superintendent Diane DiGiuseppe and teacher Maria Graziano, saying the defendants allowed a male student to sexually assault […]