News
Uber announces 10% workforce cut
Uber Technologies announced Wednesday it will cut about 3,300 jobs, roughly 10% of its workforce, as part of a restructuring...
Chevron to expand Venezuela operation with $7 billion investment
Chevron revealed on Wednesday plans to more than double its oil production in Venezuela within the next five years, backed...
Anthropic signs $35 billion cloud deal with Lambda
Anthropic PBC has reportedly reached a $35 billion agreement with Lambda, a cloud services provider supported by Nvidia Corp, as...
Shein shares drop 9% following IPO
On Tuesday, Shein's shares declined by 9% during their first day of trading in Hong Kong, as investors expressed concern...
Tim Cook’s farewell message on his final day as Apple CEO
Tim Cook stepped down as Apple CEO on Monday, with parting words for the company's employees who, he wrote, "share...
GM Canada approves $1 billion Ontario investment amid tariff pressures
Workers at General Motors in Canada have authorized the addition of a new heavy-duty pickup to the company's Ontario plant...
Dollar remains strong ahead of G20 finance and central bank meeting
The dollar stayed near a two-week high on Monday, as U.S. Treasury Secretary Scott Bessent prepares for a G20 finance...
Oil rises as US and Iran resume military attacks
Oil prices rose Monday after a weekend of resumed military action in the Middle East. U.S. oil increased by 2.1%,...
All eyes on Fed Chairman’s Jackson Hole speech
Federal Reserve Chair Kevin Warsh is scheduled to deliver his keynote address at the Jackson Hole Economic Policy Symposium on Friday at 10:00 a.m....
Gap announces new Old Navy CEO
Gap Inc. has announced the appointment of Michael Francis as President and Chief Executive Officer of Old Navy, effective November 2,...
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