SoftBank’s Arm Faces Wall Street Scrutiny After Biggest US IPO Since 2021
Major Wall Street bank analysts will begin weighing in on one of the most-watched initial public offerings in
2023-10-06 22:19
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:52
US bond funds suffer outflows on rate worries; money market funds gain traction
U.S. bond funds saw significant outflows in the week ending Oct. 4, driven by concerns about prolonged elevated
2023-10-06 20:29
US Regulators Weigh Penalizing Bankrupt Crypto Lender Voyager’s Ex-CEO
Investigators at a key US regulator have concluded that the co-founder of Voyager Digital Ltd. broke derivatives regulations
2023-10-06 20:20
EV Maker Lucid’s $338,000 Loss Per Car Is Turning Investors Off
The diverging fortunes of the two most prominent electric vehicle startups in the US show Wall Street is
2023-10-06 20:19
Snap Gets Enforcement Notice From UK Watchdog on AI Chatbot
The UK’s Information Commissioner’s Office issued Snap Inc., the maker of the Snapchat app, with a preliminary enforcement
2023-10-06 19:48
It's the last day of the largest health care strike in US history
The largest health care strike in US history is now in its third, and final, day.
2023-10-06 18:52
Bonds "in greatest bear market of all time" - BofA
LONDON The rout in the fixed income market is causing the "greatest bond bear market of all time",
2023-10-06 18:29
Marketmind: Oil soothes but jobs dictate
A look at the day ahead in U.S. and global markets from Mike Dolan The bond blast upending world markets
2023-10-06 18:21
Sam Bankman-Fried's trial to resume with testimony from ex-FTX executive
By Jody Godoy and Luc Cohen NEW YORK Former FTX executive Gary Wang is set to retake the
2023-10-06 18:16
Yellen to Focus on World Bank and China at Global Meetings
Treasury Secretary Janet Yellen is expected to push her reform agenda for the World Bank, meet with senior
2023-10-06 17:59
World Food Prices Steady at Two-Year Low on Cheaper Oilseeds
Global food prices steadied at the lowest in more than two years as improving supplies of oilseeds and
2023-10-06 17:28