06:57 AM EDT, 10/03/2024 (MT Newswires) -- KITS Eyecare ( KTYCF ) on Thursday third-quarter total revenue grew 34% to $41.7 million on a preliminary basis. Adjusted EBITDA also increased to about 3% of revenue, the company said. As of the end of the third quarter, KITS had a cash balance of over $19 million. The company will report full...

06:54 AM EDT, 10/03/2024 (MT Newswires) -- Starbucks ( SBUX ) said Thursday it added two new farms in Guatemala and Costa Rica that will study new hybrid coffee varieties. The Costa Rica farm will explore the use of mechanization, drones, and other technologies, while the Guatemala farm will replicate a smallholder farming design, Starbucks ( SBUX ) said. The...

06:59 AM EDT, 10/03/2024 (MT Newswires) -- (Updates with a response from Microsoft ( MSFT ) in the seventh paragraph.) Microsoft ( MSFT ) invested an additional $750 million in OpenAI's $6.6 billion new funding round, Bloomberg News reported Wednesday, citing a person familiar with the matter. Thrive Capital led the funding round with a $1.3 billion investment, the report...

NEW YORK, Oct 3 (Reuters) - Amazon ( AMZN ) plans to hire 250,000 transportation and warehouse workers this holiday shopping season, the same number as last year as e-commerce spending is expected to outpace overall holiday sales in the final quarter of 2024, the company said on Thursday. Although there is an anticipated increase in the demand and the...