IRobot Withdraws Guidance, Posts Adj. Loss In Q2; Details Cost-Reduction Actions

iRobot Corp. (IRBT) said the company has withdrawn its 2022 financial expectations issued in early May 2022, as well as its long-term financial targets provided in December 2021. Given the ongoing disruptions and uncertainty, iRobot is suspending its practice of providing financial guidance. Separately, iRobot announced it has entered into a definitive agreement to be acquired by Amazon.com, Inc. (AMZN) […]

» Read more

Rep. Issa on Biden's push for gas tax holiday: He 'clearly doesn't understand economics'

video Issa on Biden’s push for gas tax holiday: He ‘clearly doesn’t understand economics’ Rep. Darrell Issa, R-Calif., weighs in on the president’s plan to tackle record-high gas prices. Rep. Darrell Issa, R-Calif., slammed President Biden's push for a gas tax holiday on "Mornings with Maria" Thursday, saying the move shows he "clearly" doesn't understand economics. REP. DARRELL ISSA: My committee […]

» Read more

Virginia thieves stole thousands in fuel from gas station and resold at discount, cops say

video Fox Business Flash top headlines for June 17 Check out what’s clicking on FoxBusiness.com. Amid record-high fuel prices, a pair of Virginia men stole thousands of dollars worth of gasoline from a gas station over several days and resold it at a discount, authorities said.  Rashane Griffith, 24, and 21-year-old Devon Drumgoole, both of Norfolk, illegally accessed gas pumps […]

» Read more

Mulvaney rips Biden blaming Big Oil for gas prices: Admin thinks it can ‘wave a magic wand’

video Biden admin thinks more oil will appear by waving ‘magic wand’: Mulvaney Former OMB Director and Trump chief of staff Mick Mulvaney says the Biden administration needs to deregulate U.S. oil production and refineries. On "Mornings with Maria" Friday, former Office of Management and Budget Director and Trump chief of staff Mick Mulvaney reacted to ExxonMobil pushing back on […]

» Read more

Biden admin ‘assaults’ America’s energy sector amid rolling blackout threat: Sen. Mike Lee

video Biden admin ‘assaults’ America’s energy sector amid rolling blackout threat: Sen. Lee Sen. Mike Lee, R-Utah, argues some Americans ‘can’t afford’ the Biden administration’s energy needs which may lead to blackouts.  Sen. Mike Lee, R-Utah, joined "Varney & Co.," Wednesday, arguing the Biden administration "assaults" America’s energy sector as the country faces the threat of rolling blackouts ahead of […]

» Read more

President Biden’s ‘war’ on fossil fuels is driving inflation, says KT McFarland

video President Biden’s ‘war’ on fossil fuels is driving inflation: KT McFarland Former Trump Deputy National Security Adviser K.T. McFarland weighs in on inflation in America. During an interview on "Varney & Co.," Monday, former Trump Deputy National Security Adviser K.T. McFarland slammed President Biden for his "war" on fossil fuels, citing it as a major driver of inflation. K.T. […]

» Read more

Energy policy in the US is ‘disastrous,' says Rep. Byron Donalds

video Energy policy in the US is ‘disastrous’: Rep. Byron Donalds Rep. Byron Donalds, R-Fla., discusses energy policy in the U.S. During an interview on "Mornings with Maria," Thursday, Rep. Byron Donalds, R-Fla., slammed the Biden administration's energy policies as ‘disastrous’ and said it is time for America to "get serious" about domestic refining capacity. REP. BYRON DONALDS: It is […]

» Read more
1 2 3 18