Meta stock climbs after company posts 11% revenue growth
Meta's "year of efficiency" seems to be paying off. The Facebook-parent company on Wednesday reported revenue of $32 billion for its quarter ending in June, marking an 11% increase compared to the same period last year and beating Wall Street expectations.
2023-07-27 07:55
Mastercard demands US cannabis shops stop accepting debit cards
The issuer says its debit cards must not be used for legal cannabis, due to federal laws in the US.
2023-07-27 06:58
Canada: Prime Minister holds major cabinet shakeup
In seeking a fourth term, Justin Trudeau has overhauled his team ahead of Canada's next election.
2023-07-27 03:28
Prosecutors want Sam Bankman-Fried sent to jail after witness-tampering allegations
US prosecutors asked a federal judge to detain former FTX CEO Sam Bankman-Fried over allegations of witness-tampering.
2023-07-27 02:46
In challenge to Tesla, major automakers launch EV charging network
A group of major automakers on Wednesday said they were forming a new company to provide electric vehicle
2023-07-27 00:55
Seven major automakers, including GM, Stellantis and Honda, join to create US charging network
Seven major automakers are coming together to create a joint venture that will build out a large electric vehicle fast-charging network in the North America, in an attempt to make electric vehicles more attractive to consumers. The companies -- General Motors, BMW Group, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis -- plan to install at least 30,000 chargers in the United States and Canada.
2023-07-26 23:54
U.S. new home sales fall in June; trend remains firmer
WASHINGTON Sales of new U.S. single-family homes fell in June, but the trend remains strong as an acute
2023-07-26 22:28
Boeing boosts monthly 737 production to 38; defense unit struggles
(Reuters) -Boeing said on Wednesday it was ramping up production of its bestselling 737 MAX narrowbody jet to 38 per
2023-07-26 19:56
The responsible investing boom is over. Can anything replace ESG?
Environmental, social and corporate governance, or ESG, investing is on a downward spiral.
2023-07-26 19:54
US machinery makers eye bumper earnings for now, but inventory glut looms
By Bianca Flowers CHICAGO U.S. equipment makers are likely to face excess inventory early next year as demand
2023-07-26 18:17
Euro zone lending slows further as rate hikes bite
FRANKFURT Lending to euro zone companies slowed again last month, adding to already mounting evidence that sharply higher
2023-07-26 16:22
British billionaire Joe Lewis indicted on insider trading charges
British billionaire and owner of the Tottenham Hotspur football club Joe Lewis was indicted on insider trading charges by the United States Attorney's Office for the Southern District of New York, the office announced Tuesday.
2023-07-26 09:58