08:47 AM EDT, 06/12/2024 (MT Newswires) -- Consumer stocks were advancing premarket Wednesday, with the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was 1.2% higher recently. Casey's General Stores (CASY) was 7% higher after the company reported a stronger-than-expected increase in fiscal Q4 earnings and sales. ...

08:46 AM EDT, 06/12/2024 (MT Newswires) -- Archer Aviation ( ACHR ) said Wednesday that its Midnight electric aircraft completed a transition from vertical lift-off to a horizontal flying speed of over 100 miles per hour during a June 8 test flight. The transition from vertical to horizontal flight is considered one of the most difficult engineering challenges for electric...

Warner Bros. Discovery, Inc. ( WBD ) has secured a transformative 10-year broadcasting deal through its sports division, TNT Sports, to cover the Roland-Garros French Open in the U.S. starting in 2025. This agreement marks a significant expansion of Warner Bros. Discovery’s involvement with the prestigious tennis tournament known for its famous red clay. The partnership builds on a 35-year...

08:47 AM EDT, 06/12/2024 (MT Newswires) -- The share of the euro in global foreign exchange reserves declined by 1% at constant exchange rates to 20% in 2023, while the shares of the US dollar, Japanese yen and other non-traditional reserve currencies increased, European Central Bank said Wednesday in a new report. Official reserve managers globally sold around 100 billion...