CATL Catches LG Energy in Global EV Battery Market Outside China
China’s Contemporary Amperex Technology Co. caught up with South Korea’s LG Energy Solution Ltd. in the global electric-car
2023-11-09 11:20
Citadel’s Griffin Says World Peace Dividend at ‘End of the Road’
Citadel founder Ken Griffin said the world is facing structural changes, challenged by geopolitical risks and restructuring of
2023-11-09 10:23
Ping An Loses $3.1 Billion in Value on Country Garden Buy Report
A report that Chinese authorities asked Ping An Insurance Group Co. to rescue Country Garden Holdings Co. sent
2023-11-09 09:50
Sequoia China Rebranding Is High-Stakes Leadership Test
The venture capital giant formerly known as Sequoia China is slated to host a major gathering of investors
2023-11-09 08:53
Disney Tops Profit Estimates, Seeks Extra $2 Billion in Cost Savings
Walt Disney Co., embroiled in another fight with activist investor Nelson Peltz, posted fourth-quarter profit that beat analysts’
2023-11-09 08:46
Picasso Sells for $139 Million, Artist’s Second Highest in History
A 1932 painting by Pablo Picasso, Femme à la montre, sold for $139.3 million on Wednesday night at
2023-11-09 08:28
More Than Half of Consumers Say They’ll Trim Holiday Spending
Nearly three quarters of consumers are delaying holiday purchases for discount shopping events such as Black Friday or
2023-11-09 08:16
Bill Holdings Nears $1.95 Billion Payments Deal for Melio
Bill Holdings Inc. is in advanced talks to acquire Melio Payments, a provider of digital payment tools, people
2023-11-09 06:53
PayPal Rival Adyen Tempers Growth Targets to Regain Confidence
Adyen NV provided a more moderate set of growth targets for the next three years as the Dutch
2023-11-09 02:46
Investors Are Paying a Price as Bankers Get Cautious With IPOs
Underwriters are pushing such a cautious approach to initial public offerings that it may be backfiring, contributing to
2023-11-09 02:18
Jefferies Raises $2 Billion for Direct Lending Fund
Jefferies Financial Group Inc. raised more than $2.1 billion from investors in its second private credit fund, according
2023-11-09 01:25
Auto Wage Hikes Complicate the Search for an Affordable EV
A combustion engine has about 2,000 moving parts. An electric motor, by comparison, has about 20. However, the
2023-11-08 23:48