Hedge Fund Shorts Nio and Honda, Favors Hyundai in Asia EV Race
An Asian hedge fund is shorting some Chinese and Japanese automaker stocks on bets they will lose out
2023-08-09 06:20
Commonwealth Bank of Australia Cautions on Economy Even as Profit Climbs
Commonwealth Bank of Australia’s profit climbed as higher interest rates and a buoyant housing market supported results at
2023-08-09 05:58
PE firm KKR acquires $373 million portfolio of Synovus Bank's prime auto loans
Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans
2023-08-09 05:57
Teamsters union pushes for US bankruptcy reform after Yellow's collapse
By Dietrich Knauth NEW YORK The International Brotherhood of Teamsters on Tuesday called for changes to U.S. bankruptcy
2023-08-09 05:56
WeWork says it has 'substantial doubt' about its ability to stay in business
"Substantial doubt exists" about WeWork's ability to continue to stay in business, due to the company's losses, projected cash needs, and increased member turnover, according to the company's second quarter earnings release.
2023-08-09 05:55
Commonwealth Bank of Australia's annual profit rises 6%
Commonwealth Bank of Australia reported a near 6% rise in annual cash earnings on Wednesday on the back
2023-08-09 05:52
Marketmind: China seen sliding into deflation
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-09 05:48
If You Win Mega Millions or Powerball, Should You Take the Cash Payout?
Here's what financial experts say.
2023-08-09 05:25
Disney's ESPN inks $2 billion deal with Penn to launch sports betting business
Walt Disney's ESPN and casino-owner Penn Entertainment have agreed to jointly launch a sports betting business under the
2023-08-09 05:24
Lyft Shares Slide After Posting Slowest Growth Since Pandemic
Lyft Inc. shares fell after the company reported its slowest revenue growth in two years, overshadowing a better-than-expected
2023-08-09 05:23
Tilray to Buy Eight Beverage Brands for $85 Million From AB InBev
Tilray Brands Inc. shares jumped the most since February 2021 after the cannabis and consumer packaged goods company
2023-08-09 04:20
Lyft forecasts strong earnings as it banks on competitive pricing to chase down Uber
Lyft forecast third-quarter revenue and adjusted core profit above estimates on Tuesday, as it bets on cost cuts
2023-08-09 04:15