IRTC secures expanded Medicare coverage for Zio monitoring devices, driving six consecutive quarters of over 20% revenue growth. iRhythm Technologies (NASDAQ:IRTC) announced a favorable Medicare local coverage determination, expanding access for its Zio monitoring devices.
Freight and warehouse layoffs surge as companies restructure operations and lose contracts in a weakening industrial environment. More than 5,183 workers in the U.S. logistics, manufacturing, and transportation sectors have been laid off due to facility closures, restructu
Quick Read - Facebook IPO Failed - Is xAI Worth Anything? - Who Will Compete With SpaceX In The Rocket Business - The analyst who called NVIDIA in 2010 just named his top 10 stocks and Amazon wasn't one of them. Rumors are largely gone. Insiders have leaked that the SpaceX
If you’re in your 50s or 60s, you may have a 401(k), investments and retirement savings set aside for your golden years. If you’re thinking about a move, you may wonder if buying a new home will derail your retirement. 25 Cities Where You Can Retire in Great Weather for $2
WHP Global and G-III Apparel form a joint venture to acquire Marc Jacobs, expanding their combined retail sales beyond $9.5bn. LVMH has agreed to sell Marc Jacobs to WHP Global and G-III Apparel Group, forming a 50/50 joint venture to own the brand’s intellectual property.
Berkshire Hathaway buys 39.8 million Delta shares Berkshire Hathaway has revamped its portfolio, purchasing 39.8 million shares in Delta Airlines valued at $2.6 billion. The conglomerate also invested in Google parent Alphabet, buying 58 million shares, and took a new
PZZA shares surged 7% last week on reports of a Qatari-backed buyout, but skepticism from BTIG weighs on the deal’s credibility. BTIG analyst Peter Saleh questioned the viability of a reported bid to acquire Papa John's International (PZZA), dampening optimism around the p
Warren Buffett's conglomerate acquires 3M shares of Macy's, marking its first department store investment since the 1960s. Berkshire Hathaway disclosed a $55M investment in Macy's, purchasing approximately 3M shares, or 1.1% of the company. The move signals Berkshire's ret
NASDAQ-listed Faraday Future secures $25 million in new funding, targeting robotics and AI to diversify beyond electric vehicles. Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) announced a $25 million financing round, bringing total capital raised in the past two m
Peloton’s equipment sales now account for less than a third of revenue, down from $4 billion in fiscal 2021, as demand collapses post-pandemic. Peloton Interactive (NASDAQ: PTON) has seen its stock plummet 96% from its 2020 high of $163 to current levels, driven by a sharp
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