Business

Canada Issues Listeriosis Warning Linked to Plant-Based Milks Amid Outbreak

The Public Health Agency of Canada has issued a warning about a listeriosis outbreak linked to plant-based milks, resulting in two fatalities and 12 confirmed cases. Affected products include refrigerated oat, almond, and coconut milks from Silk and Great Value. Consumers are urged to check for recalled items and seek medical attention if symptoms arise, especially those at higher risk. Stay informed on food safety and recalls to protect your health.

Frustration Over Obstructed View at Mets-Yankees Game Sparks Ticketing Debate

Craig McAllister’s recent experience at a New York Mets vs. New York Yankees spring training game highlights the frustrations of ticket buyers facing obstructed views. After paying $524 for front-row seats at Clover Park, he found his view blocked by an ESPN cameraman, leading to a dispute with SeatGeek over refund policies. This incident raises important questions about transparency in ticket sales and consumer rights, urging fans to understand ticketing terms before purchases.

Idaho Advances Electric Vehicle Charging Network Initiative

Idaho is advancing its electric vehicle (EV) infrastructure by establishing a network of charging stations through the National Electric Vehicle Infrastructure Formula Program (NEVI). This initiative aims to enhance accessibility for EV drivers, with strategic locations identified in Pocatello, Bliss, and Lewiston. A virtual public meeting on July 31 will engage stakeholders in the development process, emphasizing Idaho’s commitment to sustainable transportation and reducing carbon emissions.

Ford Earnings Fall Short, Stock Plummets Amid Warranty Cost Challenges

Ford Motor Company reports disappointing second-quarter earnings, missing Wall Street expectations with adjusted earnings per share at 47 cents, below the anticipated 68 cents. Despite exceeding revenue estimates at $44.81 billion, the automaker’s profitability is hindered by rising warranty costs. Following the earnings report, Ford’s stock dropped approximately 11%. CEO Jim Farley emphasizes the company’s commitment to its restructuring plan and electric vehicle initiatives to enhance profitability and operational efficiency.

Analysts Boost Earnings Outlook for Bausch Health Companies in 2024

Investment analysts have upgraded their earnings forecasts for Bausch Health Companies Inc. (NYSE:BHC), projecting a 2024 EPS of $3.59, slightly above previous estimates. With recent upgrades to a ‘buy’ rating and a price target increase from $7.00 to $9.00, confidence in Bausch Health’s stock is growing. Despite a recent quarterly EPS of $0.59 falling short of expectations, analysts remain focused on the company’s potential in the healthcare market.

IBM Shares Surge 5% After Strong Q2 Earnings and AI Growth

IBM shares surged 5% in after-hours trading following a strong second-quarter earnings report, surpassing analyst expectations with adjusted EPS of $2.43 and revenue of $15.77 billion. CEO Arvind Krishna highlighted significant growth in generative AI, now exceeding $2 billion, and announced a strategic $6.4 billion acquisition of HashiCorp. Despite economic challenges, IBM’s focus on innovation positions it for future success.

ServiceNow’s Strong Earnings Boost Futures Amid Leadership Changes

Futures rise as ServiceNow reports strong earnings, showcasing a 33% increase in adjusted EPS and a 22% revenue growth. Despite leadership changes, the company maintains a solid market position, with subscription revenue climbing to $2.54 billion. Investors remain optimistic about ServiceNow’s future guidance amidst evolving market conditions.

Chipotle Reports Strong Earnings Amid Restaurant Industry Challenges

Chipotle Mexican Grill has reported impressive quarterly earnings, surpassing analysts’ expectations with a 34 cents EPS and $2.97 billion in revenue. The company saw an 8.7% increase in restaurant traffic and 11.1% same-store sales growth, reflecting strong demand for its offerings. Despite challenges in the restaurant sector, Chipotle’s strategic pricing and commitment to customer satisfaction position it well for future success.

Airbnb Boosts Accessibility Ahead of Paris 2024 Paralympics

As the Paris 2024 Paralympic Games approach, Airbnb announces over 1,000 accessible listings in the Paris region, promoting inclusivity in travel. With features like step-free access and adapted accommodations, guests can enjoy a comfortable stay while immersing themselves in the vibrant culture of Paris. This initiative reflects a commitment to accessibility and sets a precedent for future events, ensuring everyone can participate in the festivities.

Avelo Airlines Expands Service with Seven New Routes from Lakeland Linder International Airport

Avelo Airlines is expanding its services from Lakeland Linder International Airport with seven new routes, including an international destination, starting this fall. Flights to major cities like Atlanta, Charlotte, and San Juan will begin in late October and November, with ticket prices as low as $52. This expansion reflects Avelo’s commitment to enhancing travel options for both leisure and business travelers, boosting local tourism and the economy.