Shares of billionaire investor Carl Icahn’s Icahn Enterprises (NASDAQ: IEP) closed at a more than 20-year low on Monday after […]
Icahn Enterprises (NASDAQ: IEP) Stock Hits 20-Year Low Following $400M Unit Sale Plan Read More »
On Monday, McKesson (NYSE: MCK), a drug distributor, said it would buy a controlling stake in community cancer center Florida […]
JACKSON HOLE, Wyoming – In 2022, when the Federal Reserve’s focus shifted to combating inflation, it had to ratchet up […]
Fed’s Shift to Job Market Risks is Done; Now Policy Has to Catch Up Read More »
MONTREAL – A decision obliging more than 9,000 Canadian rail workers to stay on the job is a win for […]
Canadian Rail Decision is a Win for Companies, Union Leader Says Read More »
Meta Platforms (NASDAQ: META) has canceled plans for a premium mixed-reality headset intended to compete with Apple’s (NASDAQ: AAPL) Vision […]
NEW YORK – The rally in U.S. stocks faces an important test next week with earnings from chipmaking giant Nvidia […]
‘Super Bowl’ Nvidia (NASDAQ: NVDA) Earnings Stand to Test Searing AI Trade Read More »
Sales of new U.S. single-family homes rose to their highest level in more than a year in July as a […]
US New Home Sales Jump to Year-High, Boosted by Lower Mortgage Rates Read More »
The benefits of California’s revised bill that seeks to regulate how artificial intelligence is developed and deployed in the state […]
Anthropic Supports California AI Bill, Citing Greater Benefits Than Costs Read More »
DETROIT – At a packed investor day in Dearborn, Michigan, last year, Ford Motor (NYSE: F) executives lauded their forthcoming […]
Why Ford’s Three-Row Electric ‘Personal Bullet Train’ SUV Went Off the Rails Read More »
LONDON – The latest earnings from AI darling Nvidia (NASDAQ: NVDA) and key inflation numbers in the euro area and […]
Take Five: Nvidia (NASDAQ: NVDA), Let’s See What You’ve Got Read More »
JACKSON HOLE, Wyoming – On Thursday, Federal Reserve policymakers lined up in U.S. interest-rate cuts support starting next month now […]
Fed Policymakers Hint at September Rate Cuts as Job Market Cools Read More »
Jackson Hole, Wyoming – On Thursday, Boston Federal Reserve President Susan Collins expressed confidence the U.S. central bank will be […]
Fed Has ‘Clear Path’ to Achieving Goals Without Recession, Collins Says Read More »
On Thursday, Boston Fed President Susan Collins said that the Federal Reserve should soon begin a rate-cutting cycle, signaling her […]
Fed’s Collins Signals Support for September Rate Cut Read More »
On Tuesday, Wells Fargo (NYSE: WFC) agreed to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont, a move […]
OTTAWA – Workers at Canadian National Railway (NYSE: CNI) will begin returning to work on Friday, the Teamsters union said, […]
Canada Takes Swift Action to End Rail Shutdown: CN Workers to Resume Operations Friday Read More »
OTTAWA – Canada’s two main freight rail companies locked out around 10,000 of their Canadian unionized workers early on Thursday, […]
Explainer: Why a Canadian Freight Rail Halt Will Roil North American Supply Chains Read More »
US stock index futures inched up on Wednesday, as investors awaited the release of the updated U.S. payrolls data and […]
US Stock Futures Edge Up Ahead of Payrolls Revisions, Fed Minutes Awaited Read More »
BEIJING – On Wednesday, China’s SAIC Motor said it will take further legal measures to protect its rights and interests […]
SAIC Motor Pledges to Take Further Measures After EU Draft Findings on Subsidies Read More »
Uber Technologies (NYSE: UBER) has hired former Tesla (NASDAQ: TSLA) executive Rebecca Tinucci to oversee the ride-hailing platform’s shift to […]
Uber Technologies (NYSE: UBER) Taps Ex-Tesla Exec Rebecca Tinucci to Lead EV Transition Read More »
The S&P 500 will trade near current record levels at year-end, according to a Reuters poll of market strategists that […]
S&P 500 to Finish 2024 Near Current Level, AI Boom Losing Its Spark: Reuters Poll Read More »
BAGHDAD – Iraq will share profits with BP (NYSE: BP) from developing its giant Kirkuk oil and gas fields, two […]
Exclusive: Iraq to Share Profits with BP in Kirkuk Oil Development Deal Read More »
On Tuesday, Fertilizer Canada warned disruptions impacting all rail services across the country will cost the fertilizer industry an estimated […]
WASHINGTON – On Monday, the U.S. Federal Aviation Administration said it would require inspections of Boeing 787 Dreamliners following an […]
US FAA Mandates Boeing 787 Checks Following LATAM Airlines Incident Read More »
NEW YORK – A former Deutsche Bank (NYSE: DB) trader whose conviction for rigging an interest rate benchmark was overturned […]
Exonerated Trader Resolves Lawsuit Claiming Deutsche Bank ‘Scapegoated’ Him Read More »
