German Robotics Startup Agile Robots Set to Double Revenue This Year
The German robotics startup is betting that its manufacturing expertise, not just advances in artificial intelligence, will lead to a surge in revenue and produce profits.
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WestJet Strike Grounds Hundreds of Flights in Canada
The job action at Canada's second-largest airline stranded passengers on busy holiday weekend.
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New 'Spider-Man' Movie Scores Hollywood's Second-Biggest Debut Ever
The estimated $355-million domestic opening is just shy of the record set by 'Avengers: Endgame' in 2019.
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SpaceX's Blockbuster Earnings Report Is Coming. What to Watch.
SpaceX reports second-quarter results on Aug. 4. It will be a big day for the company and the stock market.
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Wall Street Thinks It Knows How Tech Giants Will Make AI Pay
Investors are coming around to the idea that Big Tech spending on AI can make sense-as long as there is a cloud-computing business involved.
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How OpenAI Lost Its AI Crown-and the Fight to Win It Back
Bets on consumer chatbots and flashy side projects overshadowed AI coding opportunity, which rival Anthropic used to capture the lead.
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David Ellison's Risky Courtroom Strategy to Save His $81 Billion Warner Deal
After opting to go straight to trial, Ellison's team adds legal muscle, games out options such as getting states to drop out of the suit to get the Paramount-Warner merger done
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FIFA Scraps Controversial Plan to Sell Commercial Rights to Private Investors
Soccer chief Gianni Infantino reversed course mere days after the world learned of his proposal. The sport's governing body for Europe hinted strongly that he should resign.
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Big Oil Is Reaping Rewards From the Chaos in Energy Markets
ExxonMobil's earnings doubled and Chevron posted its highest quarterly earnings on record as energy prices soared during the prolonged closure of the Strait of Hormuz.
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KKR Near Deal to Buy Integer Holdings
A deal for the medical-device company could be finalized soon.
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New York Sues Kalshi After Talks to Rein In Prediction Market Break Down
The suit filed by New York Attorney General Letitia James targeted the biggest prediction market operator in the U.S.
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Moderna Says Norovirus Vaccine Didn't Meet Statistical Criteria for Early Success in Trial
Moderna narrowed its loss in the recent quarter as revenue climbed, boosted by deliveries made under a government contract in the U.K.
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BP Puts U.K. North Sea Business Up for Sale
The energy major said that it would market the business to potential buyers, paving the way to end oil production in its home country after 60 years.
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OpenAI Surpasses One Billion Users After Cutting Prices
The announcement comes after OpenAI said earlier this week it was cutting the price of several of its models.
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AutoNation Revenue Falls on Lower New-Vehicle Sales
AutoNation logged lower revenue after sales of new vehicles declined in the second quarter.
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Newell Brands Lifts Profit View as Tariff Refunds Help Offset Inflation
Newell Brands raised its earnings outlook, as it expects a bump from tariff refunds to help offset the rising cost of supplies.
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Colgate-Palmolive Sales Rise Despite Choppy Backdrop
Colgate-Palmolive recorded higher sales in the second quarter, despite a choppy consumer environment.
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AbbVie Lowers Outlook to Account for Acquisition as Profit Jumps
AbbVie lowered its full-year adjusted earnings outlook to account for its acquisition of Apogee Therapeutics, as the company logged higher profit and revenue in the recent quarter.
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Church & Dwight Lifts Outlook After 2Q Organic Sales Jump
The consumer goods company behind brands including Arm & Hammer and Trojan said it now expects sales to be flat to up 1% for the full year, instead of down 0.5% to 1.5%.
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Tesla Weighs Sale of China Business to Pave Way for Potential SpaceX Merger
The U.S. automaker could sell or spin off the business in its second-largest market over geopolitical concerns.