UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
2023-05-10 21:49
Rivian results boost shares out of EV startup gloom
By Akash Sriram Shares of Rivian Automotive Inc rose 11% on Wednesday as its positive earnings stood out
2023-05-10 21:47
Ukraine's occupied nuke plant faces possible staffing crunch
Ukraine’s atomic energy company is claiming that Russia plans to relocate around 3,100 Ukrainian staff from Europe’s largest nuclear plant
2023-05-10 21:20
US April CPI rise gives Fed little room for pivot soon
NEW YORK U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained
2023-05-10 21:19
US prices stay high, showing inflation pressures persist
Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come
2023-05-10 21:00
Norway Irks Wind Power Investors With Plan to Slap 40% Tax
As the US and EU throw billions at building out the industry needed for the transition to a
2023-05-10 20:20
First Citizens Deposits Beat Estimates in Wake of SVB Deal
First Citizens BancShares Inc.’s deposits surpassed estimates following its rescue deal for Silicon Valley Bank after a run
2023-05-10 19:55
Disney board axed X-rated, liquor stores; forgot about jails
Before allies of Gov. Ron DeSantis took over, Disney World’s governing district reached an agreement in February with the company to prohibit a long list of businesses from ever being operated on its property
2023-05-10 19:47
Japan, South Korea partnership funds to go to chips, energy
Top business leaders from Japan and South Korea will use a fund meant to underscore the two countries’ burgeoning ties to strengthen their cooperation in energy, industry and other sectors
2023-05-10 19:46
Trulieve Cannabis posts lower first-quarter revenue
Trulieve Cannabis Corp reported a 9% fall in first-quarter revenue on Wednesday, hurt by subdued demand for pot
2023-05-10 19:28
Biden to hammer Republican budget cuts which target his student loan forgiveness plans
When President Joe Biden speaks at a community college in New York on Wednesday, he's expected to hit Republicans hard for budget cuts they are demanding as part of their bill to raise the debt ceiling.
2023-05-10 19:27
US airline passengers are getting increasingly frustrated. Here's why
North American travelers are unhappy with high ticket prices, staffing shortages and reduced routes, according to consumer research company J.D. Power's 2023 North American Airline Satisfaction Study.
2023-05-10 18:58