News
UBS goes on wealth manager hiring spree
Even As it plans to cut 30% of its global workforce following its takeover of Credit Suisse, UBS bank is...
Trouble looms for Royal Bank of Canada amid HSBC deal
The proposed HSBC Canada acquisition of HSBC, which would be the largest domestic bank acquisition in Canadian history, could leave shareholders...
Nike raises prices, then implements discounts
Sneaker giant Nike announced Monday that it will raise prices next year despite its own efforts to boost sales and...
Yellen to visit China to talk economic stability
U.S. Treasury Secretary Janet L. Yellen is slated to fly to China on Wednesday in an effort to try to...
Lithium shortage pushing carmakers into mining ventures
In order not to fall further behind Tesla and Chinese electric vehicle car companies, many U.S. and European auto giants...
Tesla deliveries up 83% in the second quarter
Tesla's global deliveries increased by 83% in the second quarter of 2023, encouraged by price cuts and hefty discounts. Tesla...
Fox to pay $12 million to settle hostile workplace suit
Fox News agreed late Friday to pay $12 million to former producer Abby Grossberg, who had accused the network of having a...
Nvidia warns of losses if US bans AI chip exports to China
New federal restrictions on the sale of artificial intelligence semiconductors to China could lead to major financial losses for the American...
VW replaces Audi CEO
Volkswagen on Thursday announced that it will be replacing its luxury brand Audi CEO Markus Duesmann effective Sept. 1. Duesmann...
Microsoft CEO says $75 billion Activision deal won’t prevent competition
The heads of Microsoft and Activision Blizzard defended the planned merger of their companies in court on Thursday, saying that the deal will...
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