The logo for Wondery is displayed on a smartphone in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Tuesday, Sept. 29, 2020. Gabby Jones | Bloomberg | Getty Images Amazon is terminating some positions in its Wondery podcast division and the head of the group is leaving as part of…
Deutsche Bank believes AtaiBeckley is well-positioned to be a winner in the “Psychedelic Renaissance.” The bank initiated coverage on the drug developer with a buy rating and a $12 price target, which indicates a more than 250% gain from Friday’s close. Psychedelic therapies have grown in popularity in recent years, particularly as a mental health…
Enrique Lores, President and Chief Executive Officer of HP Inc. speaks at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | Reuters PC and printer maker HP Inc. said Tuesday that it will lower its headcount by 4,000 to 6,000 people. The company also issued a lower-than-expected earnings projection for the new fiscal…
Andris Nelsons is being forced out as music director of the Boston Symphony Orchestra in the summer of 2027 after 13 seasons. The orchestra made an unusually blunt announcement Friday. “The decision to not renew his contract was made by the BSO’s board of trustees because, beyond our shared desire to ensure our orchestra continues…
Check out the companies making the biggest moves midday: Vicor — The maker of modular power components soared 25% after third-quarter earnings per share more than doubled the Wall Street consensus. Travel + Leisure — Shares rose nearly 12% after the travel publication reported strong results for the fiscal third quarter. The company earned $1.80…
Warner Bros. Discovery CEO David Zaslav’s potential payout of more than $800 million from the Paramount Skydance deal highlights an obscure tax rule originally designed to limit CEO pay. According to SEC filings, Zaslav could collect hundreds of millions of dollars in severance and other stock awards and payments following Paramount’s acquisition of WBD. The…
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds made a surprising announcement Wednesday that it is pivoting from shoes to artificial intelligence. Shares of the company were up as much as 200% pre-market. The company announced that it’s…
RJ Young FOX Sports National College Football Analyst The best offensive coordinator in college football is at Oregon, and his name is Will Stein. No, Stein wasn’t a Broyles Award finalist. Head coaches have to nominate coordinators so Broyles Award voters can vote for them. If he’s not nominated, we can’t vote for him. The…
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC Federal Reserve Governors Stephen Miran and Christopher Waller provided conflicting views on how quickly the central bank should lower interest rates in the face of a weakening labor market and heightened geopolitical tensions. Miran said Thursday…
United Airline flight attendants picketed outside Terminal B at Logan Airport, seeking a new contract. John Tlumacki | Boston Globe | Getty Images United Airlines and its flight attendant union have reached a tentative labor deal that will include their first raises in roughly six years. If ratified by flight attendants, it would make United…
