Dan Loeb’s Third Point Laments Missing ‘Obvious’ Tech Rally, Pivots to AI
Third Point LLC’s flagship fund underperformed the broader US market in the second quarter, gaining just 1.1% after
2023-08-02 02:46
Meme-Darling Nikola Surges as Retail Investors Pile In
A gravity-defying rally in electric vehicle startup Nikola Corp. is showing no signs of stopping, as the company’s
2023-08-02 01:55
PJT Partners Has ‘Quite Significant’ Hiring Plans Despite M&A Slump, CEO Says
PJT Partners Inc. has “quite significant” plans to keep hiring even after the advisory firm tripled headcount in
2023-08-02 01:21
China Says 20 Died in Floods as Storms Sweep Northern Areas
Parts of northern China are grappling with the impact of intense flooding as the death toll rose to
2023-08-02 00:21
Ford Restarts EV Truck Plant as Price Cuts Spark More Demand
Ford Motor Co. restarted production of F-150 electric Lightning pickup truck as it bets price cuts will spark
2023-08-01 23:58
Mexico’s AMLO Proposes Work Training Plan for Foreign Migrants
President Andres Manuel Lopez Obrador said his government may provide labor-training programs for migrants to work on infrastructure
2023-08-01 23:29
Ratings Firms Struggle With Climate Risk in $133 Trillion Market
With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a
2023-08-01 22:57
US targets two China-based firms over forced labor practices -DHS
WASHINGTON The United States will ban goods from two China-based companies as part of its effort to eliminate
2023-08-01 21:51
Asset Managers Pledging Climate Action Drop Ball When Investing
Despite commitments to sustainability, BlackRock Inc., Vanguard Group Inc. and Goldman Sachs Group Inc. are among the asset
2023-08-01 21:26
Uber Posts First Operating Profit as Ridership Hits New Record
Uber Technologies Inc. reported its first-ever operating profit, fueled by demand for rides and delivery and marking a
2023-08-01 21:17
CVS to Cut 5,000 Positions in Cost-Reduction Effort
CVS Health Corp. will cut 5,000 positions from its workforce to help reduce costs as the drugstore chain
2023-08-01 20:59
CVS is laying off 5,000 workers
CVS is laying off about 5,000 employees in a cost-cutting effort, the pharmacy chain confirmed Tuesday.
2023-08-01 20:48