Hedge funds trim exposure to megacap tech stocks, banks say
By Carolina Mandl NEW YORK Global hedge funds reduced their exposure to mega cap tech stocks in recent
2023-10-24 03:56
Saudi Net Reserves Fall to $410 billion, Lowest Since 2010
Saudi Arabia’s net foreign assets fell to 1.538 trillion riyals ($410 billion) in April, the lowest since January
2023-05-29 00:52
Britain clears Microsoft's $69 billion Activision Blizzard deal
Britain's antitrust regulator on Friday cleared Microsoft's acquisition of "Call of Duty" maker Activision Blizzard after the restructured deal substantially
2023-10-13 14:18
Amazon's Ring to pay $5.8 million to settle FTC privacy lawsuit
Amazon's smart doorbell company, Ring, has agreed to settle a lawsuit from the Federal Trade Commission alleging that it had "unreasonable" data security and privacy practices, according to a Wednesday filing in the US District Court for Washington D.C.
2023-06-01 03:30
Biden Presses for China Contact Despite Risks of Losing Leverage
The Biden administration is trying to make it hard for China to say no to engagement by seeking
2023-05-11 10:18
GM’s Cruise Issues Recall After Robotaxi Dragged Pedestrian
Cruise LLC, the robotaxi company owned by General Motors Co., recalled its automated-driving system and deployed a software
2023-11-08 20:52
Tesla didn't squelch United Auto Workers message when it cracked down on T-shirts, court says
A federal appeals court in New Orleans says automaker Tesla did not infringe on its workers’ rights to unionize when it ordered employees at a California assembly plant to stop wearing T-shirts emblazoned with the United Auto Workers logo
2023-11-17 06:18
Disney asks judge to dismiss DeSantis-appointed board's lawsuit in latest tit-for-tat
Disney is asking a state judge to dismiss a lawsuit filed by a governing board appointed by Gov. Ron DeSantis to oversee Disney World
2023-05-17 03:56
US private hiring cools as leisure and hospitality boom fades
Private sector hiring in the United States slowed more than expected in August, according to data from payroll firm ADP on Wednesday, as a boom from...
2023-08-30 20:53
Smoke pours out of Tiffany & Co. flagship 5th Ave. New York store two months after reopening
Firefighters responded to a transformer fire next to the jewelry store's 5th Avenue location in Manhattan. The fire comes just after Tiffany officially reopened the doors of its flagship shop after closing since 2019 for a costly renovation.
2023-06-30 02:25
Ukraine tops NATO summit agenda along with defense plans, Sweden's membership and Belarus fears
Russia’s war on Ukraine tops the agenda when U.S. President Joe Biden and his NATO counterparts meet on Tuesday and Wednesday
2023-07-10 15:25
Norfolk Southern says a software defect -- not a hacker -- forced it to park its trains this week
Norfolk Southern believes a software defect — not a hacker — was the cause of the widespread computer outage that forced the railroad to park all of its trains for most of Monday
2023-09-02 01:56
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