On Tuesday, the Unite Here union said strikes by U.S. hotel workers have concluded in Baltimore and Seattle, while 9,376 […]
Baltimore and Seattle Hotel Workers Conclude Strikes, Says Unite Here Read More »
On Tuesday, Polestar (NASDAQ: PSNY), the electric vehicle maker, said it has appointed former Stellantis (NYSE: STLA) finance executive Jean-Francois […]
Polestar (NASDAQ: PSNY) Welcomes Ex-Stellantis Finance Executive as CFO Read More »
LONDON – Allegra Berman, global head of institutional sales at HSBC (NYSE: HSBC), is leaving the bank at the end […]
HSBC Global Sales Head Allegra Berman to Leave Bank, Memo Reveals Read More »
Sweden’s Volvo will launch a long-range variant of its FH Electric truck, capable of covering up to 600 km (373 […]
Volvo Trucks to Debut Electric Truck with 600 km Range Read More »
LONDON – Blackstone (NYSE: BX), the private equity giant, has agreed to buy an 80% stake in a European warehouse […]
Blackstone (NYSE: BX) Takes Over Majority Stake in $1.2 Billion European Logistics Fund Read More »
ANKARA – Turkish state energy company Botas and British oil major Shell (NYSE: SHEL) signed a 10-year LNG agreement on […]
Turkey’s Botas and Shell (NYSE: SHEL) Seal 10-Year LNG Partnership Read More »
Intel (NASDAQ: INTC) CEO Pat Gelsinger and key executives are expected to present a plan later this month to the […]
Intel (NASDAQ: INTC) shares rose more than 9% on Friday, as a report of the struggling chipmaker exploring options that […]
PARIS – French oil major TotalEnergies (NYSE: TTE) has signed a $100 million deal to help preserve U.S. forests under […]
A look at the day ahead in U.S. and global markets. Record stock market highs have lit up across the […]
Morning Bid: Record Highs Abound, Except in Usual Place Read More »
A golden era for cash may be winding down as the Federal Reserve gets ready to cut interest rates. Many […]
Analysis: Cash-Loving Investors Dig In Even as US Rate Cuts Threaten Payouts Read More »
The Dow notched a record high close on Thursday in mixed trading following robust U.S. economic data, while artificial intelligence […]
Dow Closes at All-Time High, Nvidia (NASDAQ: NVDA) Slumps After Forecast Read More »
WASHINGTON – Contracts to buy U.S. previously owned homes dropped to a record low in July as higher prices and […]
US Pending Home Sales Plunge to Historic Low in July Read More »
STOCKHOLM – Import tariffs imposed by the European Union and the United States on China-made electric vehicles will harm European-based […]
STOCKHOLM – On Thursday, Polestar (NASDAQ: PSNY), the luxury EV maker, reported a second-quarter gross profit margin that exceeded analyst […]
LONDON – Nvidia (NASDAQ: NVDA) shares dropped 7% in Frankfurt on Thursday, mirroring a fall in U.S. after-hours trading, after […]
Nvidia Stock Plummets 7% in Frankfurt Post-Earnings Release Read More »
Bath & Body Works (NYSE: BBWI) cut its annual sales forecast on Wednesday, a sign of weaker demand for its […]
Bath & Body Works (NYSE: BBWI) Trims 2024 Sales Forecast on Tepid Demand Read More »
HP Inc (NYSE: HPQ) forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on Wednesday, […]
MILAN – An independent foundation on Wednesday filed a class action lawsuit in the Netherlands against Stellantis (NYSE: STLA) over […]
Dutch Group Sues Stellantis (NYSE: STLA) for Alleged Emissions Test Cheating Read More »
Apple (NASDAQ: AAPL) has eliminated about 100 jobs in its digital services group, with the biggest cuts affecting the team […]
Apple (NASDAQ: AAPL) Lays Off About 100 Employees in Digital Services, Bloomberg Reports Read More »
WASHINGTON – The Biden administration said Tuesday it is awarding $521 million in grants to build out electric vehicle charging […]
US Awards $521 Million in Grants to Expand EV Charging Network Read More »
Members of the boards of directors overseeing the Chicago and New York Federal Reserve banks voted in favor of lowering […]
Chicago and NY Fed Directors Back 25 Basis Point Rate Cut in July Read More »
UBS Global Wealth Management has raised the odds of a U.S. recession to 25% from 20%, citing weakness stemming from […]
UBS Wealth Management Forecasts 25% Chance of US Recession Amid Weak Jobs Growth Read More »
TOKYO – On Tuesday, Nikkei Asia reported that Toyota Motor (NYSE: TM) and BMW will upgrade their partnership in fuel […]
Toyota Motor (NYSE: TM) and BMW to Expand Fuel Cell Vehicle Alliance: Nikkei Asia Read More »
