KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:52
Nvidia Unveils Faster Chip Aimed at Cementing AI Dominance
Nvidia Corp. announced an updated AI processor that gives a jolt to the chip’s capacity and speed, seeking
2023-08-09 02:28
PayPal Sees Stablecoin Generating Revenue From Payment Flows
PayPal Holdings Inc., which became the first global payments firm to launch a stablecoin on Monday, plans to
2023-08-09 02:26
Airbnb’s Lawsuit to Block NYC Short-Term Rental Law Is Dismissed
Airbnb Inc.’s challenge to a New York City municipal law requiring hosts to register for an operating license
2023-08-09 02:23
Rivian’s Wounded Shorts Set for Potential Squeeze
Investors betting against Rivian Automotive Inc. have a lot riding on the electric vehicle maker’s results later Tuesday,
2023-08-09 01:54
Weight-Loss Stocks Soar After Obesity-Drug Study Spurs Investor Frenzy
Wall Street’s enthusiasm for all things weight-loss related got a fresh boost Tuesday after results for a Novo
2023-08-09 01:47
Meloni’s New Italian Populism Puts Investors, China on Notice
Giorgia Meloni’s economic policy has just taken a sharply populist turn, launching an assault on bank profits and
2023-08-09 00:21
Niger Junta Consolidates Power as Military Threat Fades
Niger’s junta moved to consolidate power as regional leaders prepared for a second emergency summit since the country’s
2023-08-08 21:15
Tesla’s New CFO Now Has Two Jobs and a Lot of Question Marks
Tesla Inc. has a long history of promoting talent from within. Outside hires don’t last for very long
2023-08-08 19:49
UPS Cuts Forecast With Labor Costs Set to Rise After Union Deal
United Parcel Service Inc. lowered its full-year profit forecast as the courier contends with shifting consumer habits and
2023-08-08 18:50
Obesity Drug Wegovy Cuts Risk of Heart Attacks and Strokes by 20%, Study Shows
Novo Nordisk A/S shares surged to a record after the Danish company’s blockbuster obesity medicine Wegovy reduced the
2023-08-08 18:46
US Small-Business Optimism Advances to Highest in Eight Months
US small-business sentiment rose in July to an eight-month high amid a broader upswing in optimism about the
2023-08-08 18:23