News
Frustrated Lululemon Board calls founder ‘misguided’ and ‘outdated’
Vancouver-based athleticwear company Lululemon publicly addressed its ongoing dispute with activist founder Chip Wilson in a letter to shareholders on...
NextEra Energy and Dominion to merge, forming the world’s largest regulated electric utility company
NextEra Energy has announced that it will acquire Dominion Energy through an all-stock deal worth $66.8 billion that will create the...
Federal Reserve Chair Jerome Powell’s term concludes
Jerome Powell’s tenure as Federal Reserve chair concludes this Friday after overseeing the bank for eight years amid various political...
Cerebras stock slides after impressive IPO debut
Cerebras Systems stock fell 3% pre-market on Friday after soaring over 68% the day before in a highly anticipated debut....
China to buy 200 Boeing jets, order could rise to 750
China has agreed to purchase 200 Boeing jets, with the possibility of the order increasing to as many as 750...
Kevin Warsh confirmed as new Fed Chair
The U.S. Senate has approved Kevin Warsh as the new Federal Reserve Chairman. Warsh assumes control during a period when...
Xi Jinping tells top US CEOs that China will open up more
Xi Jinping indicated that China is moving toward greater openness, sending a positive message during his meeting with US business...
US approves Nvidia chip sales to 10 Chinese companies
The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a...
Wholesale inflation jumps 6%
Wholesale prices in April rose 1.4% seasonally adjusted for the month, significantly higher than the 0.5% Dow Jones consensus forecast and...
Huang joins top CEOs on Trump’s China trip
Jensen Huang of Nvidia was a late addition to President Trump’s trip to China this week, joining him alongside 15...
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