Wednesday, 9 Oct 2024

Kobe Bryant: LA Lakers family remembers the NBA legend one year on

The first victim in the Tesla crash in Texas has been named. Elon Musk and local police are clashing over whether the car was on Autopilot.

  • One of the two men killed after a Tesla crash in Texas was identified as Dr. William Varner.
  • Police suggested no one was driving, but Tesla CEO Elon Musk said the car was not on Autopilot.
  • Police said they would seek to get data from Tesla.
  • See more stories on Insider’s business page.

One of the two men killed after a Tesla crashed in Texas has been named as Dr. William Varner, Click2Houston reported.

The second victim has not been identified.

Officials have suggested that there was no one in the driver’s seat, but Tesla CEO Elon Musk said the car was not on Autopilot.

Authorities have said that the Tesla Model S was driving outside when it went off a road, crashed into a tree, and burst into flames.

Police said that it appeared no one was driving the car. 

But Musk tweeted on Monday that data logs showed the car was not using Tesla’s Autopilot feature.

Mark Herman, a senior police officer in Harris County, told Reuters that police would serve warrants to get data on the crash.

Varner is listed as a medical director at the Memorial Hermann Surgery in The Woodlands, Texas.

ManpowerGroup Q1 Profit Rises

ManpowerGroup (MAN) reported first quarter net earnings of $1.11 per share compared to $0.03, prior year. Net earnings were $62.0 million compared to $1.7 million. Excluding the prior year impacts of restructuring costs and a pension settlement charge, on a constant currency basis, net earnings per share rose 28% during the quarter.

First quarter revenues were $4.9 billion, a 7% increase from the prior year period. On a constant currency basis, revenues increased 1%.

The company expects earnings per share in the second quarter will be between $1.36 and $1.44.

McDonald’s To Offer BTS Meals Starting May 26

McDonald’s is teaming with popular Korean pop band BTS to offer the BTS Meal at select restaurants across the United States, starting May 26.

The fast-food chain noted that the superstar band’s signature order includes a 10-piece Chicken McNuggets, medium Fries, medium Coke, as well as two new dipping sauces. For the first time ever in the U.S., the company is offering Sweet Chili and Cajun dipping sauces inspired by McDonald’s popular South Korea recipes.

U.S. customers will be able to order the BTS Meal in-restaurant, through contactless mobile order and pay in the McDonald’s App, at the Drive Thru or via McDelivery.

The BTS Meal will be available globally in nearly 50 countries over the next few months – for the first time since McDonald’s launched celebrity signature orders last year.

On May 26, the BTS Meal will also be available in Canada and Brazil. It will be available in the band’s home country on May 27.

The seven-member BTS is a well-known Korean band that has topped charts since 2013.

Morgan Flatley, Chief Marketing Officer, McDonald’s USA, said, “BTS truly lights up the world stage, uniting people across the globe through their music. We’re excited to bring customers even closer to their beloved band in a way only McDonald’s can – through our delicious food – when we introduce the BTS signature order on our menu next month.”

Iridium Reiterates FY21 Outlook – Quick Facts

While reporting financial results for the first quarter on Tuesday, Iridium Communications Inc. (IRDM) reiterated its total service revenue growth guidance for the full-year 2021.

For fiscal 2021, the company continues to project total service revenue growth of approximately 3 percent, compared to the $463.1 million reported in 2020.

On average, analysts polled by Thomson Reuters expect the company to report revenues of $605.20 million for the year.

“We feel very good about Iridium’s ability to accelerate service revenue growth over the balance of the year based upon the positive feedback and activity we are seeing with our business partners,” said Matt Desch, CEO, Iridium.

Badger Meter Inc. Bottom Line Advances In Q1

Badger Meter Inc. (BMI) revealed a profit for its first quarter that increased from last year.

The company’s earnings totaled $13.78 million, or $0.47 per share. This compares with $11.85 million, or $0.41 per share, in last year’s first quarter.

Analysts had expected the company to earn $0.42 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 8.6% to $117.84 million from $108.51 million last year.

Badger Meter Inc. earnings at a glance:

-Earnings (Q1): $13.78 Mln. vs. $11.85 Mln. last year.
-EPS (Q1): $0.47 vs. $0.41 last year.
-Analysts Estimate: $0.42
-Revenue (Q1): $117.84 Mln vs. $108.51 Mln last year.

Kobe Bryant: LA Lakers family remembers the NBA legend one year on

New York (CNN Business)The nearly two-decade relationship late basketball player Kobe Bryant and Nike has ended.

Bryant was “an important part of Nike’s deep connection to consumers,” Nike said in a statement.
“Though our contractual relationship has ended, he remains a deeply loved member of the Nike family,” the company added.

    Bryant, along with eight other people, including his 13-year-old daughter, died last year in a helicopter crash in California. He was 41 years old.

      Nike signed Bryant in 2003, which led to one of the most successful sponsorships in history. He was one of an elite group of NBA players who signed with the brand that year, including LeBron James and Carmelo Anthony. That helped the shoe company solidify its position in the basketball world for the next couple decades following Michael Jordan’s 2003 retirement.

      As Bryant’s success on the court grew, so too did his Nike partnership. The brand produced multiple lines of Kobe shoes and gear.
      Shortly after Bryant’s death, Nike (NKE) quickly sold out of his clothing and sneakers. It also released a touching commercial celebrating the NBA great.

        But Bryant’s estate had “grown frustrated with Nike limiting the availability of Kobe products during his retirement” and after his death, ESPN reported Monday. They added that there was also “frustration with the lack of availability of Kobe footwear in kids’ size.”
        — CNN Business’ Alison Kosik contributed to this report.

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