MARKET

A former high-flying fund manager on Wednesday was ordered to pay €250 million ($273 million) to investors frozen out of their funds since 2020. Source link...

There’s a major cool factor to this Batcave-style space that is a showcase for both art and cars. Source link...

Puma shares tumbled 13% on Wednesday after the German sportswear maker narrowed its profit forecast for the year, citing cautious consumer sentiment and higher freight costs. Source link...

Novo Nordisk, Europe’s largest company by market cap thanks to its wildly popular weight-loss drugs, managed just a small increase in second-quarter profits as it builds out the capacity to make the products. Source link...

Shares of Tripadvisor Inc. fell in the extended session Tuesday after the online travel company reported second-quarter revenue that was below Wall Street’s expectations, saying that it ran into “anticipated top-line headwinds” in the quarter. Source link...

Get ready to pay more for Disney+, Hulu and ESPN+, as the Walt Disney Co. is raising prices for its streaming services in an effort to boost revenue and profitability. Source link...

Super Micro Computer Inc. is still seeing fantastic revenue growth, thanks to the AI boom, but investors are clearly starting to worry about margins and competition. Source link...

Rivian Automotive Inc. late Tuesday reported quarterly results that were largely in line with expectations, with earlier, steeper stock losses narrowing as investors seemed to focus on hopes that the EV maker reaches a measure of profitability by the end...

The telecommunications and fiber company now expects $1.0 billion to $1.2 billion in free cash flow for the full year, up from a prior outlook of $100 million to $300 million. Source link...

Minnesota governor is known for state tax cuts, as well as investment in public schools and childcare. Source link...