Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla
George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a
2023-05-13 06:53
Business Lunches Are Back in New York, Chicago as Pandemic Fades
Business lunches are on the rise in major cities across the US, suggesting that at least some pre-pandemic
2023-05-13 02:54
Tencent-Backed Sea’s 112% Rally Has Reasons to Run
Sea Ltd. shares have more than doubled since November, boosting optimism that the tech conglomerate is on the
2023-05-12 17:53
Tesla Recalls 1.1 Million Cars in China Over Braking Defect
Tesla Inc. will need to fix almost every car it’s ever sold in China due to an issue
2023-05-12 16:00
THG Ends Talks With Apollo in Latest Failed Takeover Attempt
THG Plc has ended talks with Apollo Global Management Inc. in the latest failed takeover attempt of the
2023-05-12 14:48
Elon Musk Says He’s Stepping Down as Twitter’s CEO
NBCUniversal executive Linda Yaccarino is in talks to become Twitter’s chief executive officer, the Wall Street Journal reported,
2023-05-12 08:26
Fees Thwart Switching Cloud Computing Providers, Critics Say
Complaints about how cloud service providers try to prevent customers from switching to rivals was the focus of
2023-05-12 08:19
JD’s CEO Exits After a Year at the Helm as Growth Dwindles
JD.com Inc.’s chief executive officer is departing after about a year at the post, a surprise move that
2023-05-11 20:27
Abcam Founder Pushes for Better Performance at Biotech
Abcam Plc founder Jonathan Milner is pushing for better performance at the biotechnology supplier he started 25 years
2023-05-11 19:27
Apple Partner Hon Hai’s Profit Misses Despite iPhone Rebound
Hon Hai Precision Industry Co. reported its third consecutive quarterly profit miss, after Apple Inc.’s main assembler succumbed
2023-05-11 16:57
Microsoft Freezes Salaries to Navigate Economic Uncertainty
Microsoft Corp. has decided to freeze pay for all full-time workers this year to help it navigate macroeconomic
2023-05-11 11:22
Japan AI Stocks Surge After SoftBank Joins ChatGPT Clone Race
SoftBank Group Corp.’s mobile unit has declared it’s joining a global race to build a version of ChatGPT,
2023-05-11 09:17