Tag: maker
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Embraer CEO says jet maker studying possibilities for a new aircraft
Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC. A new airplane could help the airplane manufacturer compete with much larger rivals Airbus and Boeing, which deliver hundreds of jets a year compared with Embraer’s dozens of aircraft. But Gomes Neto…
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Shares of generator maker soar, insurance stocks fall as Hurricane Milton intensifies
Shares of backup power generation company Generac Holdings surged more than 7% on Monday as Hurricane Milton rapidly strengthened into a Category 5 storm. Hurricane Milton is forecast to move north of the Yucatan Peninsula on Monday and Tuesday before crossing the Gulf of Mexico to approach the west coast of Florida by Wednesday, according to the National Hurricane Center.…
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Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
Shares of Rivian Automotive dropped more than 6% in midday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual production forecast for 2024. The company said the lower production target — down from 57,000 units to between 47,000 and 49,000 — was because of a “production…
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As Apple enters AI race, iPhone maker turns to its army of developers for an edge
As Apple prepares Apple Intelligence to jump into Silicon Valley’s AI race, it’s relying on one of its strongest advantages: Its army of 34 million app developers. IPhone users will get their first taste of Apple Intelligence, the company’s artificial intelligence system, later this month. The company is relying on Apple Intelligence to be the strongest selling…
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PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion
PepsiCo said Tuesday that it’s buying Mexican American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years. Like many food companies, Pepsi has been trying to shift its portfolio to include healthier options in recent years, usually through acquisitions. Recent additions include Bare Snacks, Health Warrior and PopCorners.…
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PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion
PepsiCo said Tuesday that it’s buying Mexican-American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years. Like many food companies, Pepsi has been trying to shift its portfolio to include healthier options in recent years, usually through acquisitions. Recent additions include Bare Snacks, Health Warrior and PopCorners. Soon…
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Moccamaster coffee maker review 2024
I’m an avid coffee drinker, and have been for over a decade. I’ve tried many coffee makers in my time, and have come to appreciate what different models can bring to the table — the convenience of a Keurig, the barista-level experience of a Nespresso and the simplicity of a Mr. Coffee. I’ve seen plenty…