Best Buy recently raised its fiscal-year profit guidance, indicating optimism in their financial outlook. The retailer now expects adjusted earnings per share to be in the range of $6.10 to $6.35, which is higher than the previous range of $5.75 to $6.20. This increase in profit guidance suggests that the company is performing better than
Business
Ford Motor’s recent decision to reevaluate its diversity, equity, and inclusion (DEI) policies has sparked a wave of controversy and debate. The company, like many others, has taken a step back to assess the ever-evolving political and social landscape surrounding DEI initiatives. This shift in focus on DEI efforts comes after a period of reexamination
The world has witnessed a staggering 95% increase in the population of crypto millionaires over the past year, as reported by New World Wealth and Henley & Partners. The number of individuals holding more than $1 million in crypto assets has now reached 172,300, a significant jump from 88,200 in the previous year. What is
Fans of the Dallas Mavericks and the New Orleans Pelicans may have to find a new way to watch their favorite teams in the upcoming NBA season. Both teams are parting ways with their regional sports networks, which are owned by Diamond Sports. This information was revealed in a recent bankruptcy court filing, causing uncertainty
Boeing’s Starliner capsule, which delivered NASA astronauts to the International Space Station in early June, will now be returning to Earth empty. This decision was announced by NASA on Saturday, stating that astronauts Butch Wilmore and Suni Williams will now return via SpaceX’s Dragon spacecraft. This change comes as a surprise, as it was previously
The Biden administration recently announced that it will be resuming the distribution of free at-home Covid-19 tests to American households in late September. This decision comes as the virus continues to spread rapidly in the U.S. during the summer months. The initiative will allow Americans to request up to four free tests through COVIDtests.gov, providing
The future of Paramount Global hangs in the balance as a battle ensues between competing buyers. Edgar Bronfman Jr. has thrown his hat into the ring with a bid initially valued at $4.3 billion for Shari Redstone’s National Amusements, the controlling shareholder of Paramount. This bid included acquiring a minority stake in Paramount, but Bronfman