Krispy Kreme (DNUT) is aiming to cut time in its doughnut production line through automation. “Probably within the next 18 months, you’ll see some automation starting to go into the frosting, the filling, the sprinkles, and even the packaging,” Krispy Kreme CEO Mike Tattersfield told Yahoo Finance Live (video above). The Winston-Salem, North Carolina-based company announced the investment as part of its Investor Day, along with its long-term outlook of generating $2.15 billion in revenue by… Source link
Read More »Jane Fonda’s cancer is in remission months after Non-Hodgkin’s lymphoma diagnosis
Jane Fonda shares positive health update, reveals cancer is in remission. (Photo: Reuters) Jane Fonda received the best present ahead of her 85th birthday: Her cancer is in remission. The Grace & Frankie actress announced in September she’d been diagnosed with non-Hodgkin’s lymphoma and started chemotherapy. In a new blog post, Fonda revealed her oncologist said she can discontinue treatments. “I am feeling so blessed, so fortunate. I thank all of you who prayed and sent good thoughts my way. I… Source link
Read More »Carvana could run out of cash within months: analyst
The only thing Carvana may be delivering in the months ahead is more pain to investors. The online used car seller — a former pandemic darling that has now become one of the most hated stocks on Wall Street as it fights for its survival — is on the cusp of running out of cash, Jefferies analyst John Colantuoni warned in a note. “For perspective, our model has Carvana running out of cash in 1Q23 without an additional infusion,” Colantuoni stated. “The deterioration in liquidity was… Source link
Read More »Elon Musk expects Neuralink’s brain chip to begin human trials in 6 months
By Rachael Levy (Reuters) – Elon Musk said on Wednesday he expects a wireless brain chip developed by his company Neuralink to begin human clinical trials in six months, after the company missed earlier timelines set by him. The company is developing brain chip interfaces that it says could enable disabled patients to move and communicate again, with Musk adding on Wednesday that it will also target restoring vision. Based in the San Francisco Bay Area and Austin, Texas, Neuralink has in recent… Source link
Read More »Google UK staff earned average of more than £385,000 each in 18 months | Google
Google UK’s staff earned an average of more than £385,000 each in the 18 months to the end of December, as the tech company gave almost £1bn in share-based payments. Google, which like other tech firms is looking at budget and potential job cuts as global economic conditions become tougher, reported £3.4bn in turnover and £1.1bn in pre-tax profits in the 18 months to the end of December 2021. The company, which reported a year and a half of financial results after moving its accounting… Source link
Read More »Morgan Stanley expects the S&P 500 to plunge another 17%-27% within the next four months — use these 3 top recession-resistant stocks for protection
Morgan Stanley expects the S&P 500 to plunge another 17%-27% within the next four months — use these 3 top recession-resistant stocks for protection If you think the stock market selloff has come to an end, Morgan Stanley has some bad news. The S&P 500 is already down 14% year to date, but the Wall Street juggernaut believes the market has yet to hit a bottom. “Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by… Source link
Read More »Saints WR Michael Thomas expected to play vs. Falcons for 1st time in 21 months
New Orleans Saints wide receiver Michael Thomas is expected to play on Sunday against the Atlanta Falcons, according to NFL Network’s Ian Rapoport. Thomas had been listed as questionable earlier in the week due to a hamstring injury he’s been dealing with for the past several weeks. He got that hamstring injury while rehabbing his ankle, which is why he’s missed so much time. He sustained a high ankle sprain in Week 1 of the 2020 season, and while he was able to play on it after missing six… Source link
Read More »Morgan Stanley expects the S&P 500 to plunge another 15%-25% within the next four months — use these 3 top recession-resistant stocks for protection
Morgan Stanley expects the S&P 500 to plunge another 15%-25% within the next four months — use these 3 top recession-resistant stocks for protection If you think the stock market selloff has come to an end, Morgan Stanley has some bad news. The S&P 500 is already down 17% year to date, but the Wall Street juggernaut believes the market has yet to hit a bottom. “Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by… Source link
Read More »Biden now leads Trump by widest margin in 6 months
As President Biden’s approval rating continues to bounce back from its summertime lows, a new Yahoo News/YouGov poll now shows him leading former President Donald Trump in a 2024 rematch by the widest margin since March. The survey of 1,634 U.S. adults was conducted from Sept. 2 to Sept. 6 — immediately after a combative primetime speech last Thursday, in which Biden blasted “Trump and the MAGA Republicans” as “extremists” who “threat[en] the very foundations of our… Source link
Read More »Kim Kardashian and Pete Davidson break up after 9 months
Kim Kardashian and Pete Davidson, making their red carpet debut here in April, have split. (Photo: Reuters) Kim Kardashian and Pete Davidson have broken up, Yahoo Entertainment can confirm. A source close to the pair emphasizes the split was amicable and happened earlier this week. “They are both really busy, which played a factor in the breakup,” a second insider shares. “There is no drama.” E! News was first to report the break up. Insiders tell the outlet the former couple has “a lot of love… Source link
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