News Api Business

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Oracle reports better-than-expected quarterly results; shares rise - CNBC

While Oracle becomes more competitive in cloud infrastructure, it's also ensuring that competitors can offer its widely used database to their clients.

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Stock market today: S&P 500 surges, Dow jumps more than 450 points as stocks rebound from worst week of 2024 - Yahoo Finance

Inflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.

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Eggs recalled after dozens sickened in salmonella outbreak - The Washington Post

The CDC says at least 65 people in nine states were sickened, including 24 who required hospitalization.

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DirecTV to provide workaround to watch the presidential debate amid Disney dispute - Fox Business

An ongoing carriage dispute between Disney and DirecTV has resulted in millions of Americans left unable to view major primetime events, but the presidential debate will be aired.

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US accuses Google of dominating ad tech market as antitrust trial begins - Financial Times

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Americans lost $5.6 billion last year in cryptocurrency fraud scams, the FBI says - The Associated Press

The FBI says Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency. The report released Monday shows a 45 percent jump in losses from 2022. The FBI received nearly 70,000 complaints in 2023 by victims of f…

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Bitcoin ETF Buzz Cools as Investors Pull $726 Million From Crypto Funds - Decrypt

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Norfolk Southern railroad says its CEO is under investigation for alleged ethical lapses - The Associated Press

Norfolk Southern's board has confirmed that the railroad's CEO Alan Shaw is under investigation for potential ethical lapses. A spokeswoman for the Atlanta-based railroad declined to offer any additional details Monday about the nature of the allegations agai…

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Air Canada prepares to shut down as talks with pilots union near deadlock - Reuters

Air Canada is finalising plans to suspend most of its operations, likely beginning Sunday, as talks with the pilot union are nearing an impasse over "inflexible" wage demands, the country's largest airline said on Monday.

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How a 25bps Fed rate cut could lead to market volatility - Yahoo Finance

August jobs report left investors uncertain about what the Federal Reserve will do with monetary policy. Ahead of the highly anticipated CPI print on...

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Nvidia stock moves higher in recovery from September volatility - Yahoo Finance

Nvidia (NVDA) shares are moving higher in Monday's pre-market trading — holding onto gains into the day's market open — after the chip stock tumbled last...

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Rupert Murdoch’s News Corp Succession Plan Challenged by Hedge Fund - Hollywood Reporter

Starboard Value went public with a letter addressed to shareholders of the newspaper giant calling on the company to eliminate its dual-class share structure.

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Horseheads lands new Siemens Mobility high-speed rail manufacturing facility, 300 jobs - Star-Gazette

Siemens Mobility has selected the Southern Tier for a new high-speed rail production center that will build the AP220 trainsets for Brightline West.

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U.S. Steel deal faces changing politics - Axios

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Germany’s Lindner rejects Draghi’s common borrowing proposal - POLITICO Europe

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Battery-powered devices are overheating more often on planes and raising alarm - Yahoo Finance

Devices powered by lithium-ion batteries are overheating more often during airline flights and passengers often put them in checked bags that go into the...

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A capsule has been propelled through a hyperloop test tube in a step forward for the transit system - The Associated Press

Hyperloop has achieved significant liftoff in the northern Netherlands. Hyperloop is a new form of mass transit involving capsules whizzing on magnetic fields through depressurized tubes, A company involved in developing the high-speed transit system once pro…

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Dell, Palantir to join S&P 500 on September 23 - Yahoo Finance

Shares of Dell Technologies (DELL) and Palantir Technologies (PLTR) are rallying as they prepare to join the S&P 500 (^GSPC) index. Alongside insurance...

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Waffle House CEO Walt Ehmer dies at 58 - The Hill

“He leaves behind a remarkable legacy,” Atlanta Mayor Andre Dickens said in a news release.

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Elon Musk could become world's first trillionaire by 2027 - Fox Business

Elon Musk, who is worth $241.8 billion, according to Forbes, could reach a staggering new level of wealth by 2027 thanks to how quickly his net worth increases each year.

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Big Lots sells business to Nexus Capital as it begins bankruptcy proceedings - Reuters

U.S. discount home goods retailer Big Lots said on Monday it has secured $707.5 million to support its operations and sell its business to private equity firm Nexus Capital, as it has initiated bankruptcy proceedings under Chapter 11.

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Boeing's shares rise after tentative labor deal that could avert major strike - Reuters

Boeing's shares rose 3.7% on Monday after the planemaker and its biggest union reached a tentative deal covering more than 32,000 workers, averting a possible strike.

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How CPI, PPI data could impact the Fed's next move - Yahoo Finance

Wall Street is bracing for a busy week of inflation-related data releases. On Wednesday, the highly anticipated Consumer Price Index (CPI) report is due...

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Ethereum: Can rising adoption offset whale sell-offs? - AMBCrypto News

Ethereum sees mixed signals as whale accumulation slows. Still, network growth hits a four-month high, signaling increased activity and adoption.

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NHTSA Proposes New Vehicle Safety Standard to Better Protect Pedestrians - NHTSA

The Notice of Proposed Rulemaking announced would require manufacturers to add pedestrian safety design to reduce pedestrian deaths and injuries.

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Merck executive plays down impact of new lung cancer drug data on Keytruda - STAT

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SEC Charges Seven Public Companies with Violations of Whistleblower Protection Rule - SEC.gov

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Investors pour $370M+ into Ken Song’s autoimmune biotech after his RayzeBio success - Endpoints News

Ken Song knows how to step on the gas pedal. His new company, called Candid Therapeutics, emerged from stealth on Monday morning with more than $370 million to its name and two clinical-stage T cell engagers, a class that's successful in oncology and could ha…

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Nelson Peltz steps down as chair of Wendy's board, starting a new era for burger chain - CNBC

Peltz's Trian Fund Management has a 10% stake in Wendy's, making it the company's second-largest shareholder.

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Futures Signal Market Bounce; iPhone 16 On Tap, Palantir, Dell Jump - Investor's Business Daily

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China Harnesses a Technology That Vexed the West, Unlocking a Treasure Chest - The Wall Street Journal

Chinese companies achieve dominance by accessing a new source of minerals the world needs for EV batteries

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2 ETFs That Are Screaming Buys in September After the Nvidia-Led Technology Stock Sell-Off - The Motley Fool

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Thousands of Avis car rental customers had personal data stolen in cyberattack - TechCrunch

The car rental giant says personal information, credit card information, and driver's license numbers were stolen in the August cyberattack.

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Press Release: PayPal partners with Shopify to power a portion of Shopify Payments in the U.S. - PayPal Newsroom

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Six issues Brian Niccol will have to fix at Starbucks as he takes over as CEO - CNBC

Former Chipotle CEO Brian Niccol is starting as chief executive of Starbucks.

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Ram 1500s, Jeep Wranglers, Jeep Gladiators among 1.2 million vehicles recalled: Check car recalls here - USA TODAY

The NHTSA recently announced recalls for 1,260,671 vehicles. This includes Stellantis vehicles: Ram 1500s, Jeep Wranglers, and Jeep Gladiators.

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Morgan Stanley Slashes Its Oil Price Forecast Again - OilPrice.com

Morgan Stanley has again cut its Brent oil price forecast for the fourth quarter, citing weak demand and recessionary fears.

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Mortgage and refinance rates today, September 9, 2024: Rates down 98 basis points this quarter - Yahoo Finance

These are today's mortgage and refinance rates. All rates have plummeted over the last couple of months, so it may be a good time to buy. Lock in your rate...

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This is one of America’s hottest jobs right now - CNN

Americans may be finding it a little tougher to land a job these days, but not so much in this one field in which salaries are climbing and employers are offering robust perks.

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A worker won $600,000 after Twitter said his goodbye messages showed he had resigned. The case holds valuable lessons for staff and employers. - Business Insider

A Twitter employee won $600K for unfair dismissal after not responding to Musk's "hardcore" work email. These are the lessons to learn from this case.

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EV startup Ather seeks to raise $530 million in India IPO - TechCrunch

Indian electric scooter manufacturer Ather Energy plans to raise about $530 million in an IPO.

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Tesla-supplier Panasonic Energy prepares for high-capacity EV battery production - Yahoo Finance

KINOKAWA, Japan (Reuters) -Japanese Tesla supplier Panasonic Energy has finalised preparations for the mass-production of its high-capacity electric-vehicle ...

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Move Over, Nvidia and Broadcom: Wall Street's 2 Newest Stock-Split Stocks Are Taking Center Stage This Week - The Motley Fool

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Bitcoin Could Hit $90K by Year End if Trump Becomes President Again: Bernstein - CoinDesk

If Kamala Harris wins, the world's largest cryptocurrency could drop to as low as $30K, the report said.

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LL Flooring reverses course, cuts deal to sell assets to founder and former CEO - RichmondBizSense

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China Consumer Prices Inch Up as Deflation Fears Linger - Bloomberg

China’s core inflation cooled to the weakest in more than three years, fueling calls for greater efforts to boost household spending as weak demand puts the annual growth target under pressure.

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The Yield Curve’s Steep Inversion, now Partial Un-inversion, the Sag in the Middle, and its Predictions of Recessions - WOLF STREET

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Morning Bid: China still busy exporting disinflation - Reuters

A look at the day ahead in European and global markets from Wayne Cole

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Local school districts announce schedule changes amid record temps in Southern California - KTLA Los Angeles

Southern California saw record-high temperatures Sunday for the third day in a row. The National Weather Service reports downtown Los Angeles saw a high of 104 degrees on Sunday, breaking its old record of 103 in 1984. Also recorded on Sunday: Long Beach and …

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Do price controls really help with inflation? With Isabella Weber - Financial Times

Recent inflation has led some economists to discuss price controls and supply management

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Janet Yellen Predicts 'Soft Landing' For US Economy Despite Job Growth Concerns: 'We're Not Seeing Meaningful Layoffs' - Benzinga

Amid concerns over the U.S. labor market, Treasury Secretary Janet Yellen has reassured the public about the economy's resilience, despite recent weak job reports.

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Asian Stocks Tumble as Worry on US Economy Sinks Tech Shares - Yahoo Finance

(Bloomberg) -- Asian equities slumped at the start of the new week, weighed down by losses in technology stocks on concerns over US economic growth.Most Read...