Shares of Under Armour (NYSE: UAA) (NYSE: UA) fell sharply on Thursday after the athletic apparel maker announced the imminent and unexpected departure of its chief executive officer. Patrik Frisk will step down from his roles as CEO and board member on June 1. Chief operating officer Colin Browne will take on interim CEO duties at that time until a permanent replacement is found.
Performance Consistent with Analyst Projections, Focus on Strategic Acquisitions and Capital Deployment
Q1 2024 Financial Performance Review
Despite Net Loss, GE Vernova Demonstrates Strong Operational and Margin Improvements
Comprehensive Analysis of Caterpillar's Latest Financial Performance
The rally attempt paused Wednesday as Nvidia reversed lower. Meta, Chipotle and ServiceNow led key earnings late.
It follows the government's decision to scrap key climate targets and its response to a review into gender services.
The food and drinks giant said pet products and coffee were selling well, while sales of frozen food and dairy products were slower.
ICICI Bank, one of India's top private banks, exposed the sensitive data of thousands of new credit cards to customers who were not their intended recipients. The Mumbai-based bank confirmed to TechCrunch Thursday that its digital channels "erroneously mapped" about 17,000 credit cards issued in the past few days to "wrong" users. The issue came to light after some customers raised concerns on social media about the bank's iMobile Pay app exposing unknown customers' credit card details, including their full number and card verification value (CVV).
The European Central Bank should no longer focus solely on keeping inflation under control, French President Emmanuel Macron said on Thursday, urging it to take on a decarbonisation target as well. Any formal changes to broaden the ECB's mandate are likely to meet stiff resistance from other euro zone members, including Germany, where the targeting price stability is of paramount importance. The ECB has long had a mandate to steer inflation towards a target of 2% over the medium-term whereas the U.S. Federal Reserve also aims to support maximum employment and moderate long-term interest rates.
Hungary's nationalist prime minister, addressing a conservative conference in Budapest on Thursday, said upcoming European and U.S. elections were a chance for right-wing forces to defeat the “progressive world spirit,” and encouraged former U.S. President Donald Trump to defend “his own truth” in his ongoing criminal trial. Viktor Orbán, a right-wing populist and the European Union's longest-serving leader, told supporters at the Conservative Political Action Conference Hungary that conservatives across the West, including himself and Trump, are under attack by a hegemonic liberal order.
The NFL will expand its international search for talent by opening an academy in rugby-mad Australia to develop promising teenagers in the Asia-Pacific region into college and pro prospects. The NFL Academy will open in September for student athletes aged 12 to 18, following recruitment camps taking place this summer in Australia and New Zealand, the league announced on Thursday. Ahead of the NFL Draft, the announcement says the region is full of talent such as Philadelphia Eagles offensive tack
Generative AI has captured the public imagination with a leap into creating elaborate, plausibly real text and imagery out of verbal prompts. Now, Synthesia -- one of the ambitious AI startups working in video, specifically custom avatars designed for business users to create promotional, training and other enterprise video content -- is releasing an update that it hopes will help it leapfrog over some of the challenges in its particular field. Unlike other generative AI players like OpenAI, which has built a two-pronged strategy -- raising huge public awareness with consumer tools like ChatGPT while also building out a B2B offering, with its APIs used by independent developers as well as giant enterprises -- Synthesia is leaning into the approach that some other prominent AI startups are taking.
West Midlands Police have the highest rate of knife crime offences per 100,000 people.
Initially buoyed by a surge in online shopping during the pandemic, paper and packaging firms faced a slowdown when economies reopened. Peer Packaging Corp of America reported a quarterly revenue beat on Tuesday from higher pricing, improved production and a recovery in demand for its corrugated packaging products. Earlier in the year, European packaging giant Smurfit Kappa, said the worst of the slowdown in terms of demand for paper and containerboard seemed behind it.
A wreath-laying ceremony was held onboard HMS M.33 at Portsmouth Historic Dockyard.
It would fund improvements in public services. It would create a more equal society. And it would show that, in an independent Scotland, everyone would pay their “fair” share. When Shona Robinson, the SNP’s finance minister in the devolved administration, introduced a higher top rate of tax in Scotland last year she appeared confident that it demonstrated her party was “true” to their “values” and that Scotland would always “choose investment in our people and public services.”
Perhaps it’s time to revisit the most maligned Fallout game of them all
A Moscow court on Thursday imposed a 50,000-ruble ($560) fine on a TV presenter and actress who gained notoriety for hosting an “almost naked” party, saying her social media posts calling for peace discredited the military. Anastasia Ivleeva sparked an explosion of public indignation in the increasingly traditionalist country when she hosted a party in December encouraging guests to wear almost nothing. Ivleeva did not appear in court Thursday for the non-criminal case, in which she was fined for two social media posts in the early days of Russia's invasion of Ukraine that called for peace and negotiations.
Disruption has hit the morning rush-hour on Thursday after a train crashed into a a piece of wood near Watford. Trains to and from Euston are among those affected. National Rail warns trains are having to run at reduced speeds on the line towards Milton Keynes Central.
The two teachers and a pupil injured in a school stabbing in Ammanford have been discharged from hospital, Dyfed-Powys Police have said.
Yahoo Movies