Intel's mobileye says “record design wins” set the stage for $17b in assisted-driving product revenue by 2030

Intel Corp's Israeli automotive technology unit Mobileye Global Inc said that record design wins in 2022 set the stage for $17 billion in revenue for ...

January 5, 2023, 12:22 pm

Innovator announces record year for defined outcome etfs™ as bonds and stocks declined together, publishes new upside caps for 2023

Buffering Losses: In the 2022 outcome period marked by substantial market losses, lineup of annual January Buffer ETFs™ achieved decreased downside ...

January 3, 2023, 1:39 pm

Southwest airlines received over $7b in federal pandemic aid prior to cancelation chaos

Southwest Airlines received over $7 billion in federal pandemic aid prior to the wave of flight cancelations that has thrown travelers' schedules into...

December 29, 2022, 12:50 pm

Social life network’s tbi program growing through roll-up mergers

LOS ANGELES, CA, Dec. 27, 2022 (GLOBE NEWSWIRE) — Social Life Network, Inc. (OTC: WDLF), a Technology Business Incubator (TBI) that holds a 15% stak...

December 27, 2022, 4:25 pm

Us goods trade deficit narrowed to usd -83.8b

US goods exports dropped -3.1% mom to USD 168.9B in November. Goods imports dropped -7.6% mom to USD 252.2B. Trade deficit narrowed from USD -98.8B to...

December 27, 2022, 1:40 pm

Microsoft will fight us over $68.7b activision blizzard deal

Microsoft is headed for a battle with the Federal Trade Commission over whether the U.S. will block the tech giant's planned takeover of video game co...

December 23, 2022, 4:21 am

Imperial oil (imo) issues 2023 guidance, plans c$1.7b capex

Imperial Oil's (IMO) upstream production for 2023 is anticipated between 410,000 and 430,000 gross oil-equivalent bpd....

December 22, 2022, 12:03 pm

Indexbox: rare earth metals market will reach $14.7b by 2030 due to rising electric vehicle production

NEW YORK, Dec. 22, 2022 (GLOBE NEWSWIRE) — IndexBox recently published a new report on the global rare earth metal market. Here are some of the most...

December 22, 2022, 9:57 am

Us current account for q3 -$217.1b vs -$222.0b estimate

• Prior balance -$251.1B revised to -$238.7b
• Current account balance -$217.1B vs -222.0B ...

  December 21, 2022, 1:30 pm

Amazon alters business practices to avoid possible $47bn european fine

To avoid a record-breaking fine, Amazon has agreed to make substantial changes to its business practices, which have long been criticised for having a...

December 21, 2022, 12:32 pm

Fedex quarterly earnings & sales fell from a year ago. warned of ongoing weaker demand.

FedEx is a bit of a bellwether for macro.

It beat on EPS:

• Adjusted EPS US$3.18 (vs. expected 2.80)

Revenue missed:...

December 20, 2022, 9:17 pm

Wells fargo to pay $3.7b over charges of wrongful foreclosures

The bank settles with the US Consumer Financial Protection Bureau over allegations regarding consumer loans and bank accounts....

December 20, 2022, 8:41 pm

Wells fargo will pay $3.7b for criminal mismanagement of loans

The Consumer Financial Protection Bureau (CFPB) has ordered Wells Fargo to pay $3.7 billion in compensation for illegally assessing fees and unlawful ...

December 20, 2022, 10:24 am

Defense contractor l3harris plans to buy aerojet rocketdyne for $4.7b

Aerojet was put back up for sale after federal regulators in January sued to block its planned $4.4 billion purchase by Lockheed Martin Corp. on antit...

December 19, 2022, 3:05 pm

Royal mail bosses say 'change will happen with or without union agreement'

Royal Mail bosses said they will push through their intended workplace reforms, including increased automation, with or without an agreement with work...

December 16, 2022, 7:48 am

Ft says that "china’s zero-covid retreat sparks wealth management product sell-off"

The Financial Times is gated, but here is the link if you can access it:

...

December 14, 2022, 2:45 am

Ecb says banks to repay eur 447bn of tltro funds early

447bn is above the expected of around 300bn to be paid for December. Also larger than the 296bn repa...

December 9, 2022, 11:10 am

Usd is a little higher in asia morning trade - sentiment is soft

USD/JPY has been the best mover, trading to just above 137.00 and is a touch lower but still in the upper part of this session range.

...

December 8, 2022, 1:41 am

Swissquote gains cysec license to boost european operations

Switzerland-headquartered ...

December 7, 2022, 12:09 pm

Fox: yes, remains a 'buy' here

I started covering the Fox Corporation a few months back, with my first article on this broadcasting giant with a near-$1...

December 5, 2022, 9:06 pm