Last week, Amazon (NASDAQ: AMZN) announced it would be purchasing Roomba maker iRobot (NASDAQ: IRBT) for $1.7 billion, or $61 per share. In its second-quarter report, released in conjunction with the acquisition announcement, iRobot reported revenue down 30% from a year ago, with operating losses ballooning to $63.9 million, from a $3 million loss in the year-ago quarter.
Archer Aviation, backed by Stellantis and Boeing, aims to begin trials of its electric air taxi in India next year, ahead of a planned commercial launch in 2026, the company's chief executive told Reuters on Friday. U.S.-based Archer last year partnered with InterGlobe Enterprises, which backs India's top airline IndiGo, to launch the air taxis to help people avoid ground traffic in congested cities.
Futures initially tumbled overnight, but slashed losses as Israel's attack on Iran seemed limited. The market power trend is about to end. Netflix gave weak guidance.
Global shares hit a two-month low on Friday after Israel's attack on Iran triggered a rush into safe haven bonds and gold, lifting Wall Street's 'fear index' to its highest level since October. Israel's attack on Iranian soil was the latest tit-for-tat exchange between the two arch foes, but losses in markets eased, sending oil and gold lower ahead of Wall Street's open as Iran said it has no plans for an immediate retaliation, denying that any attack had taken place. U.S. stock index futures were down about 0.4%, with no major data expected before the opening bell.
Pop star shares message with fans from Instagram as fans celebrate new album release, with many noticing several lyrical references to The 1975’s Matty Healy
Treatment by a medic from the Beep doctors organisation means the hand is now 95% functioning.
The long-delayed vessel will now be held up until July due to issues with its propulsion system.
Olympic sports bodies criticized World Athletics on Friday for promising to pay $50,000 for each track and field gold medal won at the Paris Olympics. Last week's move by the track body and its president Sebastian Coe broke with tradition because the International Olympic Committee does not pay prize money, though many state governments and national Olympic bodies do. “For many, this move undermines the values of Olympism and the uniqueness of the games,” the Association of Summer Olympic International Federations, known by the acronym ASOIF, said Friday.
Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper conflict has jolted world markets with geopolitical risks that can swiftly change the direction of anything from oil to bonds and renew inflation risks. Moves were relatively modest, but the heightened tensions inject fresh uncertainty and fuels concern that high oil prices and potential supply disruptions will keep inflation high. Oil prices are up roughly 13% so far this year near $90 a barrel and seen staying high.
Lyon and PSG meet once again in the Women’s Champions League semi-finals as the eight-time winners look to reclaim their crown
The World Health Organization is likely to issue a wider warning about contaminated Johnson and Johnson-made children's cough syrup found in Nigeria last week, it said in an email. Nigeria's regulator recalled a batch of Benylin syrup last Wednesday, having found a high level of diethylene glycol in the product during routine testing. The batch of Benylin syrup recalled was made by J&J in South Africa in May 2021, although Kenvue now owns the brand after a spin-off from J&J last year.
A young mother was lying on an unlit road at night when she was hit by a car and killed, an inquest hears.
26-year-old Paralympic athlete Livvy Breen is gearing up for this year's Paralympic Games in Paris,...
Hamilton actors teach Belfast children confidence and to speak up for what they believe in.
He lost the Conservative whip after reports he misused campaign funds.
United are aiming for a place in the final again at the expense of Coventry
Officers seized nearly 50 pounds of meth concealed in an ice chest full of dead fish along the U.S.-Mexico border between California and Mexicali.
Futures for Canada's main stock index tumbled on Friday as investors looked to minimize risk following ...
Get live results and fight notes from 2024 PFL 3, which features welterweights and featherweights in Chicago.
The Pet Abduction Bill received an unopposed third reading.
Wet weather leaves clubs in Cheshire and Staffordshire will start the season at least two weeks late.
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