Author: News Room

A top US business lobby group has urged Americans to respect the processes of an orderly transition of political power, with voting under way across the country for next month’s presidential election.“It can take time to finalise election results, and we urge all Americans to respect the processes set out in federal and state laws for electoral determinations and an orderly transition,” Business Roundtable chief executive Joshua Bolten said.The statement follows Republican presidential candidate Donald Trump’s claim that the transfer of power following his 2020 defeat was peaceful.“You had a peaceful transfer of power”, Trump told the Economic Club of Chicago…

Omnicom Group Inc. (NYSE:OMC) Q3 2024 Earnings Conference Call October 15, 2024 4:30 PM ET Company Participants Gregory Lundberg – Senior Vice President, Investor RelationsJohn Wren – Chairman and Chief Executive OfficerPhil Angelastro – Executive Vice President and Chief Financial Officer Conference Call Participants David Karnovsky – JPMorganCameron McVeigh – Morgan StanleySteven Cahall – Wells FargoJason Bazinet – CitiTim Nollen – MacquarieCraig Huber – Huber Research PartnersAdam Berlin – UBS Operator Good afternoon, and welcome to the Omnicom Third Quarter 2024 Earnings Conference Call. Please note that this call is being recorded. At this time, all participants are in a…

Former President Donald Trump’s social media company suffered a sudden nosedive in the stock market Tuesday that briefly halted trading and left traders scratching their heads. Truth Social owner Trump Media & Technology Group was trading sharply higher during a volatile session at about $31 per share when it swiftly collapsed below $29 shortly after 2:40 p.m. ET on heavy trading volume. Nasdaq paused trading for Trump Media at 2:42 p.m. ET for five minutes, a routine cooling-off period that exchanges are required to impose during times of heavy volatility. When trading resumed, Trump Media initially bounced back before plunging below $27.…

Here are the stocks making notable moves after the bell on Tuesday. United Airlines — The travel stock dipped less than 1% despite United’s third-quarter report beating estimates on the top and bottom lines. United reported adjusted earnings of $3.33 per share on $14.84 billion of revenue. Analysts surveyed by LSEG were looking for $3.17 per share on $14.78 billion of revenue. United also announced a $1.5 billion share buyback. Interactive Brokers — Shares of the brokerage firm fell more than 3% after third-quarter earnings missed expectations. Interactive Brokers reported $1.75 in adjusted earnings per share, while analysts surveyed by…

There is steady interest — from everyday people to researchers alike — in what it takes to live a long, healthy life. From cookbooks to research papers to the hundreds of articles you can access with a quick Google search, the amount of information to digest and advice to take in can get overwhelming.But there are simple approaches you can take and easy changes to implement if you’re hoping to live to 100.For nearly two years, I’ve been reporting on longevity and the lifestyle choices that seem to help people live longer. Here are five habits that stand out.1. Eat…

“Evaluating your life through the lens of your death is raw, powerful, and perhaps a bit scary,” writes author and entrepreneur, Shane Parrish, in his excellent book, Clear Thinking. But despite our hesitation to consider our inevitable demise, he thinks it’s worth exploring because, “What matters most becomes clear.” Clarity around what matters most is the missing ingredient in most financial planning. We get stuck micromanaging means without considering, discerning, and articulating the ends. We get stuck thinking there is inherent value in a masterfully allocated portfolio, a brilliantly written will, a perfectly placed insurance policy, a meticulously prepared tax…

Vice President Kamala Harris’ campaign, anticipating losses among some corners of the party’s coalition in Michigan, is zeroing in on a strategy that they think will help overcome those losses by locking in reliably Democratic voters and growing their numbers among others. The trouble spots they see are among White, working-class voters, young Black men, and some in the Arab American community. The strategy for making up for their depressed support includes making gains with White college-educated voters in the suburbs, and young voters, peeling off some Republicans and capitalizing on early voting in Michigan —which, along with Pennsylvania and…

Shares in Donald Trump’s social media group surged to their highest in more than two months on Monday, having almost doubled in just the past two weeks. Trading in Trump Media and Technology shares was the busiest since July 15, which was the first trading day after an attempted assassination of the Republican presidential candidate at a rally. That day, the shares jumped 31 per cent. On Monday, they rose 18.5 per cent after the lossmaking company announced the launch of a video streaming service that includes “news, entertainment, faith-based programming, weather, documentaries, children’s content and more”. Read the full article here

Adobe Inc. (NASDAQ:ADBE) Adobe MAX 2024 Investor Q&A with Company Leadership October 14, 2024 5:00 PM ET Company Participants Jonathan Vaas – VP, IRShantanu Narayen – Chair & CEODavid Wadhwani – President, Digital Media BusinessAnil Chakravarthy – President, Digital Experience BusinessDaniel Durn – EVP & CFOScott Belsky – Chief Strategy Officer & EVP, Design & Emerging ProductsSteve Day – Head of IR Conference Call Participants Jay Vleeschhouwer – Griffin SecuritiesMichael Turrin – Wells FargoSaket Kalia – BarclaysKarl Keirstead – UBSMark Murphy – JPMorganGregg Moskowitz – Mizuho SecuritiesJackson Ader – KeyBanc Capital MarketsStefan Slowinski – BNP Paribas Jonathan Vaas Welcome, everyone…

Expect to see fewer promotions at Starbucks. The coffee chain is scaling back promotional offers through its mobile app to get customers to pay full price for its coffees and teas, the Wall Street Journal first reported Monday and confirmed by CNN. The move is part of new CEO Brian Niccol’s strategy to reposition Starbucks as a premium brand while also reducing the strain on employees, who get flooded with work when promotions are high. The company in September offered extra loyalty points on Tuesdays and deals on several drink purchases on Saturdays. This was a shift from deeper discounts…