Newsom Proposes Cutting Transit Funding as Systems Beg for Cash
California Governor Gavin Newsom on Friday rejected calls to further subsidize public-transit operators, while slashing funding for new
2023-05-13 07:49
Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
By David Randall NEW YORK Soros Fund Management, the family office of billionaire George Soros, slashed its stakes
2023-05-13 07:23
Judge sides with Ellison in Oracle shareholder suit over NetSuite acquisition
A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced the company into paying a grossly inflated price to acquire software corporation NetSuite
2023-05-13 07:20
Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla
George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a
2023-05-13 06:54
Chinese Cash Flows Into Japan’s Struggling Hot Spring Resorts
A once-faded Japanese honeymoon hot spot is getting a new lease on life thanks in part to Chinese
2023-05-13 06:26
Dan Snyder Agrees to Sell Washington Commanders to Josh Harris-Led Group
Dan Snyder has agreed to sell the NFL’s Washington Commanders to a group led by Apollo Global Management
2023-05-13 05:50
Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
2023-05-13 05:50
NFL's Washington Commanders agree to sell the team to group led by Josh Harris
Dan and Tanya Snyder agreed to sell the Washington Commanders franchise to a group led by Josh Harris on Friday, according to a statement from from the team and the investment group.
2023-05-13 05:15
Debt ceiling: Still no plan to avoid a default, but major shifts in posture
After a week of meetings on the debt ceiling, Congress, the White House and the country still do not have a clear path forward to avoid a cataclysmic default with just four days when both the House and Senate are scheduled to be in session before June 1, when the US could default on its obligations. On one hand, it looks like this could go to the brink. On the other, there have been pockets of progress over the intervening days and signs that some of the most stringent and hardened positions negotiators have been echoing over the last three months are slowly beginning to soften.
2023-05-13 04:54
Fed’s Extreme Stranglehold Over Wall Street Trading Is Easing
Risky and safe assets alike have hung on every word and deed of Jerome Powell and Co. for
2023-05-13 04:27
EU Reaches Initial Agreement on Blueprint for China Relations
The European Union’s top envoys sought to project a united front on relations with China, reaching an initial
2023-05-13 03:21
Debt ceiling worries deepen as early June U.S. default reinforced
By Richard Cowan WASHINGTON The Washington standoff over raising the U.S. government's $31.4 trillion borrowing limit is adding
2023-05-13 03:20