Uber saw a big drop in their shares, about 11%, after warning that their ride bookings might not grow as fast as investors hoped. This news came as the company said their ride bookings, a key way to measure how many people use their service, grew slower than expected in the third quarter. Shares of
Comcast, the parent company of NBC, is considering a big change. They might split off some of their cable networks, like MSNBC and CNBC, into a new company. This isn't because these networks are failing, but because the way people watch TV is changing. More people are streaming shows online instead
Chili’s Bar & Grill has turned its business fortunes around, thanks to some wallet-friendly menu additions. This Dallas-based chain, known for its signature baby back ribs and fajitas, recently reported a stunning 14% increase in same-store revenues and a 6. 5% boost in customer traffic. The key to
Denver-based Voyager Space has a new leader for its national security business: Matt Magaña, who brings a wealth of experience from the defense industry. Previously at Raytheon Intelligence & Space, Magaña joins Voyager as the executive vice president of national security. Voyager is known for its f
Boeing's Starliner spacecraft had a rough start, with issues like engine malfunctions and leaks causing NASA to send astronauts home on SpaceX's Crew Dragon. This isn't new for Boeing, which has faced trouble with its 737 Max planes too. Back in 2014, NASA gave Boeing and SpaceX contracts to make sp
Many media companies are dealing with "zombie" cable networks – channels that barely show original content and mainly repeat old favorites. These networks often struggle to keep up with the changing landscape of streaming. NBCUniversal (NBCU) took a different path by shutting down several underperfo
"Imagine a space that’s perfect for families to relax, enjoy some food, and listen to live music – all while meeting new neighbors. That’s the idea behind 'Gather Mount Pleasant, ' a $14 million project that’s up for final review this Wednesday. Located on Midtown Avenue, right next to MUSC Midtown,
Airbus has decided to stick to its plan of delivering 770 aircraft in 2024, even though it's facing some big problems with its supply chain. This news came after the company reported better-than-expected earnings for the third quarter. Airbus made €1. 41 billion before interest and taxes, which was
Imagine a building that's not just a workplace, but a city within a city. That's what Nikon has created with its new Global Headquarters and Innovation Center in Tokyo. Completed in July 2024, this six-floor marvel is a far cry from the old offices in Konan, Minato-Ku. Located where a Nikon factory
Dropbox, a well-known file-sharing service, has recently let go of more than 500 employees. This latest round of layoffs comes after a similar move just over a year ago. The company's CEO, Drew Houston, cited several reasons for the job cuts, including a decrease in demand and economic challenges. D
