A general view of the exterior of the headquarters of Norfolk Southern on April 1, 2023…
Continue ReadingDay: April 5, 2024
Elon Musk says Tesla will unveil its robotaxi on Aug. 8; shares pop
Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends…
Continue ReadingU.S. crude oil touches $87, forms 'golden cross' pattern in sign of momentum as Middle East tensions boil
Israel has closed 28 embassies around the world amid fears of retaliatory strikes from Iran, according…
Continue ReadingDemand for french fries reflects resilient consumer as so-called fry attachment rate holds steady
A McDonald’s crew member prepares french fries in Miami, Florida. Getty Images It’s a timeless question…
Continue ReadingNew U.S. ‘green bank’ aims to steer over $160B in capital into climate tech
For years, banks have been financing large renewable power projects, from utility-scale solar farms to horizon-spanning…
Continue ReadingTeladoc CEO departs the company after stock’s 95% fall from 2021 highs
Jason Gorevic, CEO, Teladoc Scott Mlyn | CNBC Teladoc Health on Friday announced the sudden departure…
Continue ReadingFed caution may be justified if the labor market starts to deteriorate
March’s robust job gains may push the Federal Reserve into a more cautious stance regarding potential…
Continue ReadingFed Governor Bowman says additional rate hike could be needed if inflation stays high
US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters…
Continue ReadingUBS CEO says Credit Suisse will be a case study for big bank mergers
The mammoth integration of failed bank Credit Suisse into its former rival UBS will act as…
Continue ReadingApple lays off over 600 employees after shuttering car project
Apple is laying off 614 workers in California, according to a new state filing, the company’s…
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