News
Carl Icahn Loses Proxy Fight with McDonald’s
Billionaire Carl Icahn lost his proxy fight with McDonald’s on Thursday, after the company’s shareholders dismissed his animal-welfare concerns. Only...
Twitter Shareholders Sue Elon Musk for Stock Manipulation
A Twitter investor is suing Elon Musk and the social media platform over the handling of the billionaire's $44 billion...
Russia’s Oil Production Plunges but Revenue Climbs
Russia’s crude producers are struggling to place all their oil on international markets, as domestic refinery production is slumping amid...
Apple Raises Pay for U.S. Workers to $22 Per Hour
As companies are facing a tight labor market and a surge in unionization efforts, Apple decided to raise the starting...
World Bank Warns on Global Recession
Russia's invasion of Ukraine could cause a global recession as the price of food, energy and fertilizer jump, the head...
Google’s New Street View Camera Will Reach Remote Spots
Google unveiled a new Street View camera aiming to make it a lot easier to take pictures of the world,...
Snap’s Warning Tumble Social Media Stocks
Social media stocks plummeted after Snap said the economy had worsened faster than expected in the last month and the...
Pfizer Offers Low-Cost Drugs to Poor Nations
Pfizer will no longer make a profit from selling its patented medicines to 45 of the world's low-income countries, the...
Airbnb to Exit China as Lockdowns Restrict Tourism
Airbnb will shut down all listings in mainland China from July 30, joining a long list of Western internet platforms...
Jerome Powell Sworn in as Federal Reserve Chair
Federal Reserve Chair Jerome Powell was formally sworn in to begin his second four-year term as head of the U.S....