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Markets
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a…
McDonald’s sales decline for first time in years as higher fast food prices hurt demand
McDonald's saw a drop in sales for the first time in years as it struggled…
Morgan Stanley’s profit jumps as investment banking recovers
Morgan Stanley's profit rose in the second quarter as investment banking activity rebounded on strength…
Macy’s cuts off talks with Arkhouse, Brigade
Macy’s said on Monday that it will stop engaging in talks with Arkhouse Management and…
Stolen crypto via hacking increased 110% in first half of 2024 over 2023
The first half of 2024 saw hackers targeting cryptocurrency abscond with $1.38 billion, TRM Labs…
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…
Paris Olympics a drag on revenues for Air France, Delta; will cost millions
The Paris Olympics are causing a drag on revenues for two airlines. Air France-KLM Group…
U.S. House expected to uphold Biden veto preserving SEC accounting rule
The Biden Administration is on the verge of securing an important victory in its crackdown…
Billionaire investor Bill Ackman starts fundraising for new US fund
Hedge fund manager Bill Ackman kicked off fundraising for a new U.S.-listed closed-end fund on…
What are the odds of Biden dropping out? Here’s what the betting markets say
A defiant President Biden insists he will be the Democratic Party's nominee in 2024 despite…
Paramount agrees to merger with Skydance
Paramount Global and Skydance Media have reached a deal to merge the two media companies…
Tesla, shares, Musk, Robotaxi | Fox Business
Tesla shares are now positive for the year as downbeat investors change their tune on…
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