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 06:22
Casino owner Penn Entertainment is ditching Barstool for a $2 billion deal with ESPN
Casino owner PENN Entertainment has dropped Barstool, the sports website, agreeing to a $2 billion dollar deal with ESPN to create ESPN Bet.
2023-08-09 06:19
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 05:59
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 05:57
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 05:50
If You Win Mega Millions or Powerball, Should You Take the Cash Payout?
Here's what financial experts say.
2023-08-09 05:20
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 05:18
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 04:30
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 04:17
Lula Enlists Neighbors in Brazil’s Battle to Save the Amazon
The leaders of South America’s Amazon nations gathered in Brazil on Tuesday as President Luiz Inacio Lula da
2023-08-09 03:53
Wall Street WhatsApp, Texting Fines Exceed $2.5 Billion
Wells Fargo & Co. and BNP Paribas SA are among firms that will pay hundreds of millions of
2023-08-09 03:52
‘Native American’ or ‘Indigenous’? Journalism group rethinks name
The Native American Journalists Association is aiming to become more inclusive as its members vote on whether to rebrand as the Indigenous Journalists Association
2023-08-09 03:28