Amigo Holdings Faces Insolvency
Amigo Holdings faces insolvency if assets are not sold in time, leaving no value for shareholders.
European Stocks Finish Lower
The European stocks market experienced declines with major decreases in electric utilities, real estate firms, and technology companies.
Theratechnologies Lowers Revenue Forecast, Highlights Going Concern Doubts
Theratechnologies lowers revenue forecast, faces uncertainty about future prospects, but remains committed to innovative therapies. Challenges include securing support from lenders and exploring alternative funding sources.
Next 15 Group Reports Profit for H1
Next 15 Group reports a swing to pretax profit for the first half of fiscal year 2024, along with increased revenue and reduced finance expenses. The company emphasizes future growth, investment plans, and a dividend increase.
The Terrifying Vision of OpenAI's CEO
OpenAI CEO Sam Altman emphasizes the urgent need for regulation and the existential risks of AI. He compares himself to Oppenheimer and advocates for a regulatory agency modeled after the International Atomic Energy Agency.
Potential Impact of U.S. Government Shutdown
Moody's warns that a U.S. government shutdown would have a negative effect on the country's credit and could disrupt the economy and financial markets.
Food and Gas Prices Impact on Costco's Q4 Results
Costco's Q4 results and the impact of high food and gas prices on shopper behavior. Analysts' expectations, stock movement, and experts' assessments.
SBB's Sale of Nordic Education Buildings Stake - Receives SEK 8 Billion Cash
SBB sells stake in Nordic education buildings portfolio and receives SEK 8 billion cash, improving financial position and adopting decentralized group structure.
Healthcare Workers Prepare to Strike Against Kaiser Permanente
Over 75,000 healthcare workers are preparing to go on strike against Kaiser Permanente over staffing issues. The strike is scheduled for October 4-6 and will be the largest healthcare strike in history.
Hollywood Studios and Striking Screenwriters Resume Talks
Hollywood studios and striking screenwriters resume negotiations, addressing issues including AI and residual compensation. The strike nears record length.