Hedge Fund Shorts Nio and Honda, Favors Hyundai in Asia EV Race
An Asian hedge fund is shorting some Chinese and Japanese automaker stocks on bets they will lose out
2023-08-09 06:20
Wework raises going-concern doubt, shares tank
(Refiles to add media packaging code) WeWork Inc on Tuesday raised "substantial" doubt about its ability to continue
2023-08-09 05:47
Wall Street WhatsApp, Texting Fines Exceed $2.5 Billion
Wells Fargo & Co. and BNP Paribas SA are among firms that will pay hundreds of millions of
2023-08-09 03:57
Lula Enlists Neighbors in Brazil’s Battle to Save the Amazon
The leaders of South America’s Amazon nations gathered in Brazil on Tuesday as President Luiz Inacio Lula da
2023-08-09 03:50
Ex-FTX Executive Salame Talking to Prosecutors About Plea Deal
Ryan Salame, the former co-chief executive of FTX Digital Markets, is in negotiations with federal prosecutors to plead
2023-08-09 03:24
UPS driver pay deal in US to be worth $170,000 a year, firm says
The shipping giant warns of lower profits after it agreed a deal to avert a US drivers' strike.
2023-08-09 02:55
Inflation Is Ebbing, But Prices Are High and Americans Feel It
For all the talk that US inflation is cooling, it sure doesn’t feel like anything is getting cheaper.
2023-08-09 02:48
Power-Plant Owners Blast Biden’s Emissions-Cutting Plan
The top lobbying group for US electric utilities is taking aim at the Biden administration’s plan for stifling
2023-08-09 02:18
Airbnb’s Lawsuit to Block NYC Short-Term Rental Law Is Dismissed
Airbnb Inc.’s challenge to a New York City municipal law requiring hosts to register for an operating license
2023-08-09 02:16
Billionaire Drahi Sees ‘No Impact Whatsoever’ on Altice From Portugal Corruption Probe
French-Israeli billionaire Patrick Drahi says a corruption probe into executives central to his telecommunications empire Altice is having
2023-08-09 01:58
Vodacom Fiber Deal in Doubt After Regulator Advises Against
Vodacom Group Ltd.’s deal to buy a stake in Remgro Ltd.’s fiber businesses was plunged into jeopardy after
2023-08-09 01:19
Meloni’s New Italian Populism Puts Investors, China on Notice
Giorgia Meloni’s economic policy has just taken a sharply populist turn, launching an assault on bank profits and
2023-08-09 00:27