News
Company tied to Trump’s media firm must pay $18 million to regulators
The Securities and Exchange Commission reached a settlement on Thursday with the cash-rich shell company SPAC that planned to merge...
Blackstone is first $1 trillion private equity manager
Blackstone has finally joined a special club of companies managing $1 trillion in assets, a milestone that would puts it...
Jury awards $800,000 to girl burned by Chicken McNugget
A jury in Florida on Wednesday awarded $800,000 in damages to a 7-year-old girl for suffering and mental anguish caused...
Tesla beats Q2 expectations, but margins are lower
Tesla released its Q2 results Wednesday, reporting growth rates of 47% in revenue, 20% in earnings and 62% in free cash flow....
Goldman Sachs’ dismal profits reflects Wall St. woes
Goldman Sachs on Wednesday reported quarterly profit well below even dampened expectations. The financial firm's unexpectedly low profits are another...
Netflix reports growth with backdrop of strikes
Following a crackdown on password sharing and new advertising tier introduced last year, Netflix on Wednesday reported it had added...
Biden administration gets tougher on mergers
The Joe Biden administration’s top antitrust officials on Wednesday announced new tougher guidelines against tech mergers after being unable to...
Lockheed Martin foresees higher sales as war continues
As the war in Ukraine continues to rage, Lockheed Martin announced Tuesday that it expects to resume growth this year,...
Johnson and Johnson ordered to pay $18.8 million to cancer patient
Johnson & Johnson's was ordered to pay $18.8 million to a California man who said he developed cancer from exposure to...
Luxury goods market slowing
The luxury goods industry, which has relied heavily on China and North America for growth in recent years, reported disappointing...
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