financial news, stocks, investing, and market trends, as well as stories on major companies and their leaders.
[colabot1] CNBC’s Jim Cramer explained that last week’s debt cap resolution may have paved the way for a resurgence in the Dow, even though the index closed down about 200 points on Monday. “With default fears on the table, perhaps this is a market where the mighty Dow can actually lead again,“ Cramer said. He …
After the debt ceiling agreement, Dow could be ready to dominate the market Read More »
[colabot1] A container ship is shown at the Port of Los Angeles in Los Angeles, California, November 22, 2021. Mike Blake | Reuters Just hours after West Coast ports reopened on Monday following multiple closures that began at the Port of Oakland last Friday when some union workers refused to report for assignments, problems remain …
Labor issues at west coast ports persist, trucks turned away, workers fired Read More »
[colabot1] Mark Zuckerberg, Managing Director of Meta Platforms Inc., demonstrates Meta Quest Pro during the Meta Connect virtual event in New York, United States, Tuesday, October 11, 2022. Michael Nagle | Bloomberg | Getty Images Meta founder Mark Zuckerberg and Apple CEO Tim Cook has spent the past few years arguing over internet privacy and …
Meta-Apple rivalry enters new phase as tech giants tackle headphones Read More »
[colabot1] Apple CEO Tim Cook attends the second season premiere of Apple’s ‘Ted Lasso’ at the Pacific Design Center in West Hollywood, California on July 15, 2021. Emma McIntyre | WireImage | Getty Images Intel shares fell on Monday as Apple said an upcoming Mac Pro computer will include a new in-house chip, marking the …
Intel drops as Apple switches to its own silicon on all computers Read More »
[colabot1] The world contains large amounts of lithium, an essential component of electric vehicle batteries. And although lithium is usually mined from hard rock, the majority of the world’s lithium reserves are actually found in brine, extremely salty water below the Earth’s surface. Today, brine mining involves evaporating brine in massive, extravagantly colored pools over …
How a new lithium mining technology could help us reach electric vehicle goals Read More »
[colabot1] Apple CEO Tim Cook speaks before the start of the Apple Worldwide Developers Conference at its headquarters on June 05, 2023 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC23 developer conference. Justin Sullivan | Getty Images At its annual developer conference on Monday, Apple debuted iOS 17 and the slew …
Changes coming to your iPhone this fall via iOS 17 Read More »
[colabot1] The New York Stock Exchange welcomes Unity Software Inc. (NYSE: U) on Friday, September 18, 2020, as they officially begin trading today. NYSE Unit shares jumped 17% after Apple said on Monday that it was working with the game development software maker on the release of its Vision Pro headset. The announcement, which briefly …
Unity stock jumps 17% thanks to Apple Vision Pro partnership Read More »
[colabot1] The deteriorating macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on the price of bitcoin this year. STR | Nurphoto via Getty Images Cryptocurrency prices fell on Monday after the United States Securities and Exchange Commission accused Binance, the world’s largest cryptocurrency exchange, of violating securities laws. …
Bitcoin drops below $26,000 after SEC sues crypto exchange Binance Read More »
[colabot1] The Securities and Exchange Commission filed 13 charges against Binancethe world’s largest crypto exchange, and its founder, Changpeng Zhao, alleging that they both mixed billions of dollars in user funds and sent them to a European company controlled by Zhao. The U.S. regulator alleged on Monday that Zhao and his exchange worked to subvert …
SEC Sues Binance and CEO Changpeng Zhao for US Securities Violation Read More »
[colabot1] Former U.S. President Donald J. Trump tours the driving range, meets fans and watches the second round of the 2023 LIV Golf Washington DC at Trump National Golf Club Washington DC in Sterling, Virginia, U.S. May 27, 2023. Kyle Mazza | Anadolu Agency | Getty Images Donald Trump’s lawyers met Monday morning justice department …
Trump lawyers meet with DOJ amid indictment speculation Read More »
[colabot1] JPMorgan Chase CEO Jamie Dimon talks to reporters as he leaves the U.S. Capitol after an unannounced meeting with U.S. Senate Majority Leader Schumer who reportedly raised the possibility that the U.S. will not not repay their debt, in front of the United States Capitol in Washington, United States, on May 17. 2023. Evelyn …
JPMorgan Chase CEO Jamie Dimon has ‘no intention’ of running for office Read More »
[colabot1] Chris Licht, Chairman and CEO of CNN Worldwide, speaks on stage during the Warner Bros. Discovery Upfront 2022 at the Madison Square Garden Theater on May 18, 2022 in New York City. Kevin Mazur | Getty Images CNN chief executive Chris Licht apologized to news agency staff Monday morning during the cable news network’s …
[colabot1] Senator Elizabeth Warren, Democrat of Massachusetts, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, U.S., Tuesday, May 16, 2023. Al-Draco | Bloomberg | Getty Images Twitter’s recent key departures could land the platform in hot water with the Federal Trade Commission if it cannot comply with an earlier …
Democrats warn Musk after Twitter security chiefs leave Read More »
[colabot1] Apple Inc. CEO Tim Cook smiles during the opening of the new Apple BKC store in Mumbai, India on Tuesday, April 18, 2023. Indranil Aditya | Bloomberg | Getty Images Apple Shares are set to close at a new high on Monday as the company prepares to launch a number of new updates and …
Apple shares pace for record ahead of VR headset unveiling Read More »
[colabot1] Tadeu Carneiro, CEO of Boston Metal Photo courtesy of Boston Metal In an indistinct suburban Boston office park, a decade-old startup is trying to reinvent a process at the heart of the $1.6 trillion steel industry to cut carbon emissions and fight climate change . Boston Metal was born out of research developed at …
World Bank-backed green steel company, AcrcelorMittal Read More »
[colabot1] SINGAPORE — A handshake and a ministerial lunch were all the US defense chief and his Chinese counterpart shared on the sidelines of a regional security summit in Singapore. Ahead of the annual Shangri-La dialogue which began on Friday, Beijing rejected a US request for a bilateral meeting between its defense minister, General Li …
US-China Trade at Shangri-La Dialogue Security Summit Read More »
[colabot1] Supply chain issues will impact air travel in 2023, IATA’s chief executive says. Juliet Michel | AFP | Getty Images Air transport will be affected by “very frustrating” supply chain issues this year, according to Willie Walsh, chief executive of the International Air Transport Association, as he discussed the challenges facing the aviation sector. …
[colabot1] A food delivery man sits outside a restaurant in a mall in Beijing on May 30, 2023. Jade Gao | AFP | Getty Images BEIJING — China’s economic recovery from the pandemic is expected to broaden, meaning the country is not yet heading for Japanese-style stagnation, according to Larry Hu, Macquarie’s chief China economist. …
China towards a stagnation similar to Japan? Macquarie says the worst is behind Read More »
[colabot1] Turkish President Recep Tayyip Erdogan has named former economics chief Mehmet Simsek as his new treasury and finance minister. Source: World Economic Forum During the presentation of his new cabinet, Turkish President Recep Tayyip Erdogan named former head of economy Mehmet Simsek as the new Treasury and Economy Minister, which has led to some …
Erdogan’s new minister has markets hoping for Turkey’s orthodoxy Read More »
[colabot1] A view of the drought that has affected the Los Bermejales reservoir which is at 18% capacity at Arenas del Rey in Granada, Spain, May 13, 2023. Anadolu Agency | Anadolu Agency | Getty Images European policymakers are battling to tackle a growing water crisis ahead of what researchers fear will be another summer …
Expected drought in Europe is likely to worsen the region’s water crisis Read More »