PepsiCo’s revenue rose 7% in the third quarter despite lower demand as the company continued to hike prices. Pepsi raised prices 11% in the July-September period, the seventh straight quarter that the Purchase, New York, company has increased prices by double-digits. Sales volumes fell 2.5%. Sponsored: Could Biden Order Americans… Read More
Powerball jackpot grows to $1.55B for Monday, with cash option for $679.8M
The Powerball jackpot has climbed to an estimated $1.55 billion for Monday night’s drawing after no one matched the game’s six numbers for the giant prize Saturday. The $1.55 billion prize is for a sole winner who is paid through an annuity, with annual checks over 30 years. Most jackpot… Read More
Sam Bankman-Fried’s top associate just took the stand, alleging conspiracy
Sam Bankman-Fried authorized the illegal use of FTX customers’ funds and assets to plug financial gaps at an affiliated hedge fund from the exchange’s earliest days, FTX’s co-founder Gary Wang told a New York jury on Friday, as prosecutors pressed their case that Bankman-Fried was the mastermind behind one of… Read More
Powerball jackpot reaches massive $1.4 billion prize
The Powerball jackpot climbed to an estimated $1.4 billion after no players matched all six numbers and hit it rich Wednesday night. The winning numbers announced were: 9, 35, 54, 63, 64 and the Powerball 1. Players will next have a shot at the Powerball jackpot Saturday night in hopes… Read More
Uber now offers to return your packages for $5
Uber is adding a new task to its list of services: mailing consumers’ return packages. The ride-hailing and delivery company said Wednesday that its drivers will collect up to five prepaid and sealed packages and drop them off at a local post office or at UPS or FedEx stores. Uber… Read More
75,000 healthcare workers begin strike at Kaiser hospitals
Picketing began Wednesday morning at Kaiser Permanente hospitals as some 75,000 health care workers go on strike in Virginia, California and three other states over wages and staffing shortages, marking the latest major labor unrest in the United States. Kaiser Permanente is one of the country’s larger insurers and health… Read More
Facebook may launch ad-free subscription option in this location, WSJ reports
Meta plans to give Facebook and Instagram users in Europe the option of paying for ad-free versions of the social media platforms as a way to comply with the continent’s strict data privacy rules, the Wall Street Journal reported Tuesday. The company wants to charge users about 10 euros ($10.50)… Read More
Warren Buffett’s company dumps another 5 million shares of this
Investors soon won’t be able to follow Warren Buffett’s every move in HP’s stock if the billionaire’s company keeps selling off shares of the printer and computer maker. Berkshire Hathaway’s ownership of HP Inc. is about to drop below 10% after it sold nearly 5 million shares, according to a… Read More
Powerball jackpot rises to $1.2 billion after Monday’s drawing without a winner
The Powerball jackpot climbed to an estimated $1.2 billion after no players hit it big Monday night. The winning numbers announced were: 12, 26, 27, 43, 47 and the Powerball 5. Sponsored: Reverse ‘money machines’ popping up across America. Click here to find out more. The jackpot for the next… Read More
Tesla 3Q sales rise 27% but fall short of analysts’ estimates amid twin issues
Tesla’s summertime deliveries of electric vehicles surged 27% from last year but still fell below analyst projections as Elon Musk’s car company navigated through twin roadblocks: softening customer demand and factories’ decision to take downtime for upgrades. The Austin, Texas, automaker sold 435,059 vehicle s during the July-to-September period, up… Read More
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