Latest news →Find published stories by month and topic.
CNBC's Jim Cramer warned against shorting Kohl's stock, fearing a repeat of the GameStop short squeeze. Kohl's stock surged 37.62% on Tuesday after a volatile trading session, fueled by a massive short position (around 5…
General Motors' second-quarter profit plummeted by over one-third, exceeding $1 billion in losses attributed to President Trump's tariffs. This follows Stellantis' announcement of significant losses partly due to tariffs…
Facing a potential 30% US tariff on imports, the EU considers activating its Anti-Coercion Instrument (ACI), a powerful trade defense mechanism. This "nuclear option" could restrict US access to the EU market, impacting …
Universal Music Group (UMG), home to artists like Taylor Swift and Drake, has filed to list its shares on the US stock market. The company, already listed in the Netherlands with a €50bn valuation, submitted a confidenti…
In-N-Out Burger, the iconic West Coast fast-food chain, is shifting its corporate headquarters to Tennessee by 2026, CEO Lynsi Snyder announced. This move, mirroring a broader corporate exodus from California, cites chal…
The S&P 500 climbed 0.14% to 6,305.60 on Monday, exceeding 6,300 for the first time, driven by strong second-quarter earnings. Positive earnings reports from companies like Verizon boosted market optimism, with over 85% …
Stellantis, the parent company of Vauxhall, Jeep, and Fiat, reports €300 million in losses due to US tariffs imposed by President Trump. A 25% tariff on cars imported to the US since April impacted Stellantis's North Ame…
President Trump signed the GENIUS Act, offering a clear regulatory path for stablecoin issuers like Ripple. Ripple's new stablecoin, RLUSD, aims to compete with USDC and PayPal USD. While this benefits Ripple's infrastru…
U.S. stock futures rose slightly Sunday night despite a busy week ahead. Earnings reports from major tech companies (Tesla, Alphabet, Intel) and other corporations are anticipated, alongside key economic data releases (h…
Rosneft, co-owner of India's Nayara Energy refinery, denounced the EU's newly imposed sanctions as "unjustified and illegal." The sanctions, part of the EU's 18th package targeting Russia's oil trade following the Ukrain…
Despite an approaching August 1st tariff deadline imposed by President Trump, investors remain relatively calm. Last week saw minor market fluctuations, with positive growth in the S&P 500 and Nasdaq offsetting a slight …
Effective management goes beyond task assignment; it involves motivating and supporting employees as individuals. According to career consultant Jonathan Javier, employees leave managers, not companies. A study showed th…
The EU is struggling to regulate the influx of cheap products from platforms like Temu and Shein, arriving via millions of small parcels daily. A recent European Parliament report highlighted that most unsafe and illegal…
Cardinal Health, a major US healthcare supplier, underwent a significant turnaround under CEO Jason Hollar. Facing declining earnings, Hollar implemented a "ruthless" simplification strategy, cutting unprofitable segment…
Stock markets have rebounded significantly since April, prompting questions about future gains. Piper Sandler's Michael Kantrowitz believes further growth is possible, though at a slower pace. Analyst Crispin Love highli…
Return fraud is costing US retailers an estimated $103 billion annually, with consumers increasingly abusing generous return policies. Small businesses are disproportionately affected, facing losses from customers return…
Major US corporations, including Tesla, Google, and Intel, will report earnings this week, alongside Coca-Cola and Verizon. Tesla's report is highly anticipated given recent sales declines and CEO Elon Musk's activities.…
Circle's Dante Disparte hails the bipartisan-backed GENIUS Act, praising its clause preventing tech giants from dominating the stablecoin market. The act mandates a standalone entity for non-bank stablecoin issuers, impo…
Record-high global insurance losses reached an estimated $84 billion in the first half of 2025, the costliest since 2011, driven primarily by US wildfires and severe storms. US wildfires in January alone accounted for ro…
Subnautica 2's development has been thrown into chaos following the firing of Unknown Worlds' founders by Krafton, its parent company. A $250 million bonus payment tied to the game's 2025 release is at the heart of the d…
Astronomer CEO Andy Byron is under investigation following a viral video showing him embracing the company's head of HR at a Coldplay concert. The incident, captured on the stadium's kiss cam, sparked intense online spec…
SpaceX's Starbase, the Texas facility developing Starship, reported a significantly higher worker injury rate (4.27 per 100 workers in 2024) than other SpaceX sites and the aerospace industry average. This elevated rate,…
NEOM, Saudi Arabia's massive development project, is planning significant staff reductions and relocation of over 1,000 employees to Riyadh to cut costs. This reverses a previous policy of on-site employment. Relocated s…
Chevron completed its acquisition of Hess Corporation, creating a leading integrated oil and gas company with a strong portfolio of assets globally. The merger, approved by the FTC, includes Hess's significant holdings i…
BlackRock's shares fell after China threatened to block CK Hutchison's $22.8 billion Panama Ports deal unless state-owned Cosco becomes an equal partner. BlackRock and MSC, who reached a preliminary agreement in March, a…