Biden delays plans to restock nation’s emergency oil reserve
The Biden administration is delaying plans to restock the nation’s emergency oil reserve amid a price hike that has pushed oil above $80 a barrel
2023-08-03 04:54
DoorDash hits new record for orders, revenue in second quarter
DoorDash set new records for total orders and revenue in the second quarter as its grocery and convenience deliveries accelerated and it improved driver efficiency
2023-08-03 04:30
Adidas is donating Yeezy sales to anti-hate groups. US Jews say it's making best of bad situation
Last October, sportswear giant Adidas cut ties with Ye, the rapper formerly known as Kanye West, due to his antisemitic comments
2023-08-03 04:25
Qualcomm Gives Weak Forecast, Signaling Phone Slump Will Drag On
Qualcomm Inc., the largest maker of smartphone processors, gave a tepid revenue forecast for the current period, indicating
2023-08-03 04:24
Zillow Defies Sluggish US Housing Market to Beat Earnings Expectations
Zillow Group Inc. reported second-quarter earnings that beat analysts’ estimates, as the company’s core marketing business outperformed an
2023-08-03 04:24
Brazil's Lula voices support for more countries joining BRICS group
Brazilian President Luiz Inácio Lula da Silva says he supports more countries joining the BRICS group of large developing nations, which currently includes Brazil, Russia, India, China and South Africa
2023-08-03 04:23
Fitch’s US Downgrade Is Stoking the Very Fight It Warned Against
Washington’s hostile political factions quickly took up Fitch Ratings’ downgrade of US government debt as a new weapon
2023-08-03 03:59
Adidas gives Yeezy sneaker sales a silver lining via donations to anti-hate groups, some US Jews say
Last October, sportswear giant Adidas cut ties with Ye, the rapper formerly known as Kanye West, due to his antisemitic comments
2023-08-03 03:59
Litecoin’s Halvening Price Drop Is No Proxy for Bitcoin Next Year
Litecoin, the world’s 11th-biggest cryptocurrency, saw its price slide on Wednesday after it went through a so-called halvening,
2023-08-03 03:56
Dimon Calls Higher US Capital Rules ‘Hugely Disappointing’
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called new plans for more stringent capital rules “hugely
2023-08-03 03:53
Wells Fargo to Tap Corporate Bond Market Despite US Credit Downgrade
A handful of borrowers, including Wells Fargo & Co., are selling fresh debt in the US investment-grade bond
2023-08-03 03:26
Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns
A deal to take Donald Trump’s media company public is facing another major setback, putting into question whether
2023-08-03 03:16