News - November 21, 2024

News - November 21, 2024
Photo by Simon Ray / Unsplash

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.