News - November 21, 2024
Business & Corporate Developments:
- McDonald's ($MCD): McRib returns to the menu.
- Jersey Mike's: Acquired for $8 billion.
- $AAL: Introducing a "Gate Lice" alarm to improve boarding efficiency.
- $NVEE: Awarded $14 million in Southern California infrastructure contracts.
- $JAZZ: Receives FDA approval for cancer therapy Ziihera.
- $BJ: Announces first membership fee increase in seven years.
- $BIDU: Online marketing revenue drops, but cloud business grows.
- $NOK: Expands Azure partnership with $MSFT.
- $EQNR: Cutting 20% of staff in its renewable energy unit.
Financial News:
- $BTC: Hits an all-time high of $98,000; Chinese courts classify crypto as property, legalizing holding by citizens.
- $BLRX: Announces share buyback and licensing deal.
- $GEHC: Increases dividend payout.
- $ALL: Reports catastrophic losses down to $286 million from $889 million a month ago.