Friday , 19 December 2025

Recent Posts

IRobot slips after it warns of Roomba tariffs

Bloomberg IRobot Corp. shares dropped after the company warned that its Roomba autonomous vacuums could be hit with trade tariffs later this year. “On April 24, the United States Trade Representative granted iRobot an exclusion for its Roomba robot vacuums from Section 301 tariffs through August 7, 2020. The company does not yet know whether an extension for its exclusion …

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Microsoft readies games for next Xbox led by Halo shooter

Bloomberg Microsoft Corp. showed off its most important video game for the next Xbox, a new installment of its flagship multi-billion dollar Halo series, as the company gears up for the release of the latest generation of consoles in time for the holidays. Halo Infinite returns to the saga of Master Chief, the bioengineered super-solider main character of the series, …

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Hertz to cut $6b in vehicle debt by year end

Bloomberg Hertz Global Holdings Inc. has struck a deal that will cut the debt it owes lenders who financed its rental car fleet to less than $5 billion from $11 billion by December. 31, the company’s main bankruptcy lawyer said in court. Under an agreement with the lenders, Hertz has agreed to sell 182,000 cars over the next few months, …

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