California’s $3.1 Billion Transit Bailout Forces Trade-Offs
California lawmakers agreed to provide billions of dollars to the state’s ailing mass transit systems as agencies face
2023-06-13 05:47
Berkshire Unit Must Pay Millions in Damages for Oregon Fires
A Berkshire Hathaway Inc. unit is liable for destruction caused by the 2020 Labor Day Fires in Oregon,
2023-06-13 05:20
Oracle Tops Sales Estimates as AI-Frenzy Spurs Cloud Demand
Oracle Corp. reported quarterly revenue that topped estimates, signaling the software maker’s cloud business is benefiting from heightened
2023-06-13 04:57
Cruise Stocks Climb as Wall Street Sees Strong Booking Demand
A trio of cruise-line operators jumped on Monday as analysts at Bank of America Corp. and JPMorgan Chase
2023-06-13 04:50
Instant Pot and Pyrex Maker Instant Brands Files for Bankruptcy
Instant Brands, maker of the Instant Pot pressure cooker and Pyrex glassware, filed for bankruptcy on Monday after
2023-06-13 04:47
Duke to Sell Renewables Unit to Brookfield for $2.8 Billion
Duke Energy Corp. agreed to sell a big portfolio of wind and solar farms to Brookfield Renewable for
2023-06-13 04:47
Salesforce Touts AI Strategy, Doubles Investment in Startups
Salesforce Inc. is elevating new generative artificial intelligence features in its products and doubling its investment in AI
2023-06-13 03:23
Google’s Ad Tech Money-Machine Sparks EU Antitrust Charges
Google is set to be hit with a formal antitrust complaint from the European Union that could pave
2023-06-13 02:49
US Junk-Bond Maturities Shrink to Record Low as Debt Mountain Grows
US junk bonds have the shortest average time to maturity on record, signaling that companies will have large
2023-06-13 01:54
Carson Block’s Latest Short Bet Is Burned by Novartis M&A Deal
Carson Block’s Muddy Waters wager against a hedge-fund favorite, Chinook Therapeutics Inc., took a hit Monday after Novartis
2023-06-12 23:46
Billionaire Who Owned Much of London’s Chelsea Dies at 86
Charles Cadogan, the billionaire aristocrat behind one of London’s biggest real estate fortunes, has died. He was 86.
2023-06-12 23:23
JPMorgan Agrees to Pay $290 Million to Settle Epstein Case
JPMorgan Chase & Co. agreed to pay $290 million to settle a lawsuit alleging it knowingly benefited from
2023-06-12 22:22