Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
2023-08-09 08:48
UAW Demands Would Add $80 Billion to US Carmaker Labor Costs
New contract demands made by the United Auto Workers union would add more than $80 billion to each
2023-08-09 08:21
Amazon In Talks to Be Anchor Investor in Arm IPO, Reuters Says
Amazon.com Inc. is in talks to join other tech companies as an anchor investor in Arm Ltd.’s initial
2023-08-09 07:19
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
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
Inflation Is Ebbing, But Prices Are High and Americans Feel It
For all the talk that US inflation is cooling, it sure doesn’t feel like anything is getting cheaper.
2023-08-09 02:58
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
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
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
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:24