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Space stocks rally on ‘Trump-Elon trade,’ analysts say
A hot fire test of an Archimedes engine, which powers the company's Neutron rocket.Rocket LabThis past week saw several pure-play space stocks rally, with leaders up as much as 20% or more, in part driven by what sector analysts said is…
Disney parks profits hit records — even before big expansions
People walk in front of Cinderella's Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida.Gary Hershorn | Corbis News | Getty ImagesAll is well in the Magic Kingdom.Disney's theme park division…
Diamond Sports reaches key milestone toward exiting bankruptcy
Jose Siri, #26 of Major League Baseball's Houston Astros, steals second base as Dansby Swanson, #7 of the Atlanta Braves, is unable to handle the throw from Travis d'Arnaud, #16, in the eighth inning during Game 3 of the 2021 World…
Beverly Hills surgeon sues Medtronic for patent infringement
Michael Siluk | Education Images | Universal Images Group | Getty ImagesDr. Shirin Towfigh thought she had designed a medical device that would revolutionize hernia care for women. Now, Towfigh is suing Medtronic, a global leader in…
Boeing factory production will take weeks to ramp up after strike
An employee works in the cockpit of a Boeing P-8 Poseidon maritime patrol aircraft on the production line at Boeing's 737 factory in Renton, Washington, November 18, 2021.Jason Redmond | ReutersBoeing's more than 32,000 machinists who…
Mattel pulls ‘Wicked’ dolls after printing adult website on packaging
Still from the film "Wicked"Source: Universal StudiosThousands of Mattel's "Wicked"-branded fashion dolls are flying off shelves, but not because of consumer demand.The toy company has been forced to pull its line of character dolls…
MLB, Braves object to Diamond Sports reorganization plan
A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022.Ronald Martinez | Getty ImagesMajor League Baseball and the Atlanta Braves have raised issues with the reorganization plan and future viability of Diamond…
‘Wicked’ marketing takes over retail ahead of theatrical debut
Cynthia Erivo and Ariana Grande star as Elphaba and Glinda in Universal's "Wicked."Universal"Barbie" painted the town pink in 2023, and now "Wicked" is upping the ante by adding a splash of green.Universal's theatrical retelling of the…
California-led EV mandates ‘impossible’ to meet
A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan.Tomohiro Ohsumi | Getty Images News | Getty ImagesDETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates…
Steve Madden to slash China sourcing as Trump’s tariff plan looms
The logo of the label Steve Madden at the fashion fair Premium. ens Kalaene | Picture Alliance | Getty ImagesSteve Madden said Thursday that it will slash the goods it imports from China by as much as 45% over the next year as it braces…