Articles by James Calloway
Cybertruck Driveway Incident Under Scrutiny as CHP Reviews Data
CHP reviews Cybertruck video after a child's death; Autopilot was off, investigation preliminary. Tesla stock closed at $380.12, up 0.32%.
Carnival Shares Dip Ahead of Q3 Report; Search for Missing Passenger Halted
Carnival shares slipped 2.1% ahead of Q3 earnings, while the Coast Guard suspended its search for a missing passenger. Investors await fuel cost and booking updates.
US Alcohol Import Ban Set for Sept 29; Bulk Crown Royal Exempt
A US ban on packaged Canadian alcohol begins Sept 29, but bulk Canadian whisky like Crown Royal may still enter for US bottling, giving Diageo a potential workaround.
Legal & General Shares Dip 0.2% After Announcing 1,000 Job Cuts
Legal & General shares fell 0.2% to 296p after the company announced plans to cut 1,000 jobs by mid-2027, without providing savings targets or restructuring charges.
General Mills Beats Q1 Estimates but Margin Squeeze Caps Rally
General Mills beat Q1 estimates but saw adjusted operating margin fall 130 bps, sending shares down 0.6%. Full-year guidance was reaffirmed.
Six Flags Faces Legal Storm as X2 Injury Claims Mount
Six Flags shares erased gains after lawsuits allege X2 coaster injuries. Over 100 riders may join, raising liability and insurance concerns.
DoorDash Settlement Already Reserved; Shares Dip Slightly
DoorDash's $131.5 million NYC settlement was fully reserved earlier. Shares dipped 0.8%. Over 264,000 workers to receive payments.
Rightmove Shares Slide 4.1% as UK Housing Data Reveals Weak Demand
Rightmove shares closed 4.1% lower at 484.6p on Tuesday, erasing Monday's gain, as higher asking prices masked a 9% drop in buyer inquiries and a 12-year high in available homes.
Amazon Ordered to Expand Prime Refunds to $200 Maximum
Amazon must increase automatic Prime refunds to a maximum of $200 starting Oct. 1 under a revised court order, as the FTC settlement's $1.5 billion redress fund faces a $610 million acceptance gap.
Newfoundland Fuel Prices Mixed as Stingray Radio Revenue Drops 6.5%
VOCM reports gasoline up 1.5 cents and diesel down 5 cents in Newfoundland, while Stingray's radio revenue fell 6.5% to C$32 million last quarter.
Tesla Edges Higher as California Bias Trial Begins Without Damages Cap
Tesla (TSLA) edged higher as opening arguments commenced in a California workplace discrimination trial with uncapped damages. Shares rose 0.79% premarket, but analysts remain cautious.