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Markets
Allstate reportedly wants to raise California homeowners rates by 34%
Allstate, one of California’s largest insurers, wants to raise its homeowners’ rates by an average…
Nvidia, Microsoft, Apple about to rock big tech ETF
Nvidia, Microsoft and Apple all jockeyed this week for the title of world’s most valuable…
Ford postpones rollout of some new EVs as demand wanes
Ford Motor Co. is pumping the brakes on the production of two forthcoming electric vehicle…
Apple escalates Epic Games feud by blocking Fortnite app in EU
Apple escalated its feud with Epic Games on Wednesday, blocking the Fortnite video-game maker from…
Embattled bank NYCB lands $1B investment from group including Mnuchin’s firm
New York Community Bank (NYCB) on Wednesday said it raised $1 billion from investors including…
NYCB takes more action as CEO works a new business plan
The incoming CEO of New York Community Bank (NYCB) said Thursday he's working on a…
Rivian says it has two new EV SUV lines coming, including one previously unannounced
Rivian’s electric vehicle lineup is getting bigger – including a product line that hadn’t been…
Honda’s first electric SUV qualifies for full EV tax credit
Most people who buy Honda’s first-ever electric SUV will be able to take advantage of…
Stocks, bitcoin’s bounce, Apple’s slide and Costco’s clue
— Stocks and bitcoin climb to new records — The jobs report was mixed, but will…
Mnuchin putting together US investor group to buy TikTok
Former Treasury Secretary Steven Mnuchin is putting together a group of U.S. investors to buy…
Reddit aiming for $6.5B valuation in long-awaited IPO
Reddit is targeting a $6.5 billion valuation in its forthcoming initial public offering (IPO), the…
Porsche to offer extremely fast new Taycan model
Porsche has officially unveiled new models of its electric Taycan sedan that the automaker dubbed…
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