Intel (NASDAQ: INTC) Secures $3 Billion in US Funding for National Security-Related Chip Production
On Monday, the Biden Administration awarded Intel Corp (NASDAQ: INTC) up to $3 billion from the CHIPS and Science Act […]
Maria Reed
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Tupperware Brands (NYSE: TUP) to File for Bankruptcy This Week: Bloomberg
Tupperware Brands (NYSE: TUP) is preparing to file for bankruptcy as soon as this week, Bloomberg News reported on Monday, […]
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Exclusive: How Intel (NASDAQ: INTC) Lost the Sony PlayStation Business
SAN FRANCISCO – Intel (NASDAQ: INTC) lost out on a contract to design and fabricate Sony’s PlayStation 6 chip in […]
Exclusive: How Intel (NASDAQ: INTC) Lost the Sony PlayStation Business Read More »
Apollo Secures $1 Billion Deal with BP to Fund Stake in Trans Adriatic Gas Pipeline
Apollo Global Management (NYSE: APO) has signed a $1 billion deal with British energy major BP (NYSE: BP) to fund […]
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Hedge Funds Pivot to Banks, Insurance, and Trading Firms, Says Goldman Sachs
LONDON – Banks, insurance and trading firms returned to favor as hedge funds snapped up these company stocks last week […]
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Exclusive: EU Is Unlikely to Issue Break-Up Order to Google for Now, Sources Say
BRUSSELS – EU antitrust officials are considering ordering Alphabet’s (NASDAQ: GOOG) Google to end anti-competitive practices in its ad tech […]
Exclusive: EU Is Unlikely to Issue Break-Up Order to Google for Now, Sources Say Read More »
Wall Street Ends Higher as Traders Bet on Bigger Fed Rate Cut
Wall Street’s main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate […]
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Wells Fargo’s Latest Regulatory Rebuke May Extend Asset Cap Punishment, Analysts Say
Wells Fargo’s (NYSE: WFC) latest regulatory rebuke for insufficient efforts to combat money laundering will probably prolong another ongoing major […]
Wells Fargo’s Latest Regulatory Rebuke May Extend Asset Cap Punishment, Analysts Say Read More »
Poland Wins EU Approval for $1.9 Billion in State Aid for Intel Chip Plant
WARSAW – The European Commission has given Poland the green light to support an Intel (NASDAQ: INTC) chip plant with […]
Poland Wins EU Approval for $1.9 Billion in State Aid for Intel Chip Plant Read More »
Boeing (NYSE: BA) and Union Negotiators to Resume Talks Next Week Amid Strike, Federal Mediators Say
SEATTLE – Boeing (NYSE: BA) and union negotiators will return to the bargaining table early next week, U.S. federal mediators […]
US 30-Year Fixed-Rate Mortgage Falls to 6.20%, Lowest Since February 2023: Report
WASHINGTON – U.S. mortgage rates dropped this week on expectations that the Federal Reserve would start cutting interest rates next […]
US 30-Year Fixed-Rate Mortgage Falls to 6.20%, Lowest Since February 2023: Report Read More »
Alaska Airlines Flight Aborts Takeoff After Near Collision with Southwest Jet
An Alaska Airlines airplane aborted takeoff on a runway at Tennessee’s Nashville International Airport on Thursday to avoid a potential […]
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Navient (NASDAQ: NAVI) Accepts US Student Loan Ban and Settles with CFPB for $120 Million
On Thursday, a U.S. regulator banned Navient (NASDAQ: NAVI) from servicing federal student loans, excluding the company once known as […]
UBS Asset Management Cuts Corporate Bond Exposure Over Growth Risk Concerns
LONDON – UBS Asset Management has been selling corporate bonds in its global portfolios during market rallies, a senior fund […]
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Top EU Privacy Regulator Probes Google’s Handling of User Data for AI
DUBLIN – On Thursday, Google’s lead EU privacy regulator opened an inquiry into whether the search engine giant adequately protected […]
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GSK (NYSE: GSK) Advances mRNA Flu Vaccine to Late-Stage Trials
On Thursday, GSK (NYSE: GSK), the British drugmaker, announced positive results from a mid-stage trial of its seasonal influenza vaccine […]
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US Mulls Allowing Nvidia (NASDAQ: NVDA) to Export Advanced Chips to Saudi Arabia, Semafor Reports
The U.S. government is considering allowing Nvidia (NASDAQ: NVDA) to export advanced chips to Saudi Arabia, which would help the […]
GameStop (NYSE: GME) Stock Tumbles as Revenue Drop Fans Turnaround Doubts
Shares of GameStop (NYSE: GME), a widely watched meme stock, tumbled 10% in premarket trading on Wednesday after the video […]
GameStop (NYSE: GME) Stock Tumbles as Revenue Drop Fans Turnaround Doubts Read More »
US Crypto Stocks Fall After Harris Poll Numbers Rise Post-Debate
U.S. cryptocurrency shares fell in early trading on Wednesday after Democratic candidate Kamala Harris put her Republican rival and crypto […]
US Crypto Stocks Fall After Harris Poll Numbers Rise Post-Debate Read More »
Sony (NYSE: SONY) Unveils Upgraded PlayStation 5 Pro with Enhanced Graphics for $699.99
TOKYO – Sony (NYSE: SONY) announced the PlayStation 5 Pro, an upgraded version of its flagship console offering better graphics, […]
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Market Close: S&P 500 Rises Marginally, Dow Falls on Bank and Energy Weakness
Wall Street’s benchmark S&P 500 index closed up 0.5% on Tuesday but concerns about slowing economic growth stunted gains and […]
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Americans Set New Record for Wireless Data Usage, Topping 100 Trillion Megabytes in 2023
WASHINGTON – Americans used just over 100 trillion megabytes of wireless data in 2023, up 36% over the prior year […]
Americans Set New Record for Wireless Data Usage, Topping 100 Trillion Megabytes in 2023 Read More »
A Decade Later, Botín’s Redesign of the Santander Empire Her Family Built Is Still Incomplete
MADRID/LONDON – Spanish banker Ana Botin set about transforming Santander (NYSE: SAN), a sprawling, acquisition-obsessed, and fragmented lender into a […]
BYD Boosts 2024 Sales Target to 4 Million Vehicles: Report
BEIJING – BYD, the Chinese electric automaker, aims to sell 4 million vehicles this year, Morgan Stanley said in a […]
BYD Boosts 2024 Sales Target to 4 Million Vehicles: Report Read More »