November 12, 20240 Comments

Mattel pulls ‘Wicked’ dolls after printing adult web address on packaging

Still from the film “Wicked” Source: Universal Studios Thousands of Mattel’s “Wicked”-branded fashion dolls are flying off shelves, but not because of consumer demand. The toy company has been forced to pull its line of character dolls after a package misprint. Instead of listing the website for Universal’s “Wicked” movie, boxes featured a link to a pornographic website for a group called Wicked Pictures. “Mattel was made aware of a

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November 12, 20240 Comments

Stocks making the biggest moves midday: ABBV, TSLA, CI, MS

Check out the companies making headlines in midday trading: Tesla — The electric vehicle stock popped about 9% to build on last week’s 29% gain as investors bet that a Trump administration would fare well for the company and CEO Elon Musk. AbbVie — Shares tumbled 12.6% after the pharmaceutical company said its experimental schizophrenia drug did not show a statistically significant improvement in symptoms during two Phase 2 trials.

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November 12, 20240 Comments

Stunning details of iconic shipwreck Endurance revealed in never-before-seen footage

Legendary Antarctic explorer Ernest Shackleton’s ship Endurance sank more than a century ago and its wreck lay undiscovered at the bottom of the Weddell Sea until March 2022. Now, the team behind its discovery has joined forces with an Oscar-winning film crew for a new National Geographic documentary showcasing how they located the storied vessel’s last resting place. “Endurance” features thousands of 3D scans shot by a 4K camera deployed

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November 11, 20240 Comments

Trump picks ex-congressman Zeldin to run Environmental Protection Agency By Reuters

By Timothy Gardner and David Shepardson WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Monday he will appoint Republican former Congressman Lee Zeldin, who often voted against legislation on green issues including a measure to stop oil companies from price gouging, to head the Environmental Protection Agency. “He will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses, while

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November 11, 20240 Comments

Singapore’s Grab raises annual revenue forecast, shares jump By Reuters

(Reuters) – Singapore’s Grab Holdings (NASDAQ:) raised its forecast for fiscal 2024 revenue on Monday, as it anticipates robust growth in its food delivery and ride-hailing businesses. U.S.-listed shares of the company rose 9% in extended trading. The company expects revenue in the range of $2.76 billion to $2.78 billion, compared with its prior projection of between $2.70 billion and $2.75 billion. Its mainstay food delivery business has been recovering

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November 11, 20240 Comments

FTX filed for bankruptcy 2 years ago — What’s happening now?

On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins over to John Ray, who immediately filed for Chapter 11 bankruptcy protection in the United States. The day marked the beginning of the end of what was once one of the world’s most prominent and influential cryptocurrency exchanges.  US authorities charged Bankman-Fried and four of his associates with fraud. FTX users and creditors saw billions of dollars

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November 11, 20240 Comments

How AIMCo’s performance stacked up before last week’s purge

Breadcrumb Trail Links Finance Investor Investment manager’s five- and ten-year returns appear to be on the low side compared to other large Canadian pensions, but not dramatically so Get the latest from Naimul Karim straight to your inbox Sign Up Published Nov 11, 2024  •  6 minute read You can save this article by registering for free here. Or sign-in if you have an account. Evan Siddall, former chief executive

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