Tesla stock charges upwards on deal with GM
Tesla stock charged higher Friday following an announcement by General Motors that GM's electric vehicles would be able to charge using Tesla's charging network. That news following a similar announcement from Ford just two weeks before.
2023-06-10 02:29
Netflix password crackdown boosts new subscribers to highest level since Covid began
Early results indicate Netflix's new plan to crack down on password sharing is working.
2023-06-09 23:29
Investors channel billions into emerging markets, but China drops again-IIF
By Libby George LONDON Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows
2023-06-09 23:15
America has lost half its public companies since the 1990s. Here's why
The S&P 500 officially entered a bull market on Thursday, gaining 20% off of its October lows. But those gains came from just a few tech and AI companies with mega-cap stocks soaring higher. Cyclical and smaller companies are still largely suffering.
2023-06-09 20:46
US companies face less pressure for climate and social reforms
By Ross Kerber Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly
2023-06-09 19:23
German media group Axel Springer eyes AI acquisitions
BERLIN German media giant Axel Springer will establish a dedicated mergers-and-acquisitions team to look at firms specialising in
2023-06-09 17:47
GM to invest more than $500 million in Texas plant for future SUVs
By David Shepardson (Reuters) -General Motors said Thursday it will invest more than $500 million in its Arlington, Texas assembly
2023-06-09 04:57
'Labor hoarding' is gaining steam as businesses brace for a recession
US companies wary about their economic prospects are battening down the hatches.
2023-06-09 01:24
US stocks are in the firing line if China's economy stalls further
Chinese economic activity has hit a soft spot in recent weeks and Hong Kong's equity markets have flirted with bear territory as a result.
2023-06-08 20:59
Microsoft, Google strategy to test AI search ads irks some brands
By Sheila Dang Alphabet's Google and Microsoft are inserting ads into AI experiments without providing an option to
2023-06-08 18:51
EU’s Fastest Inflation Slows More Than Seen on Hungary Recession
Hungarian inflation slowed more than estimated in May as a deepening recession limited the room for further price
2023-06-08 14:59
They said we were getting a recession. Instead, we're getting a bull market
What do you get when you mix recession fears, interest rate hikes, a spending slowdown and a housing crunch? A recipe for a bull market, apparently.
2023-06-07 19:48