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Blackstone's withdrawals are a symptom of public/private nav discrepancy

Differences in reporting methodology of public versus private resulted in an appearance of outperformance for private. This nominal outperformance res...

December 9, 2022, 11:20 am

Apple is ready to leave china as covid protests delay iphones past christmas. that could take a decade and cost billions.

Apple indicated it wants to end its reliance on China for production, but doing so will take a long time and won't be cheap....

December 7, 2022, 12:01 pm

Textron wins flraa contest, crushing boeing and lockheed martin

Textron Inc. won the FLRAA contest, unlocking massive revenue potential in the tens of billions of doll...

December 6, 2022, 11:02 am

American airlines: much to potentially gain from recovery, but high leverage is a concern

American Airlines has returned to profitability and is seeing top-line strength with record unit and quarterly revenues achieved. The airline added ...

December 6, 2022, 8:14 am

Samsung, lg plan multi-billion-dollar additional investment in vietnam

South Korean electronics giants Samsung and LG plan to pour billions of dollars of additional investmen...

December 6, 2022, 2:00 am

Government’s pandemic bounce back loans could still cost public ‘billions’ in fraud and error

No credit checks were carried out by Bounce Back loan lenders because ministers ‘wanted money out of the door quickly’, MPs told … Read Full Sto...

December 5, 2022, 10:14 pm

House report claims fintechs processed billions in fraudulent ppp loans

Several of the Small Business Administration’s biggest Paycheck Protection Program processors and application screeners approved tens of ...

December 5, 2022, 6:44 pm

Why gm's happy to keep spending billions on self-driving while rivals like ford abandon ship

GM president Mark Reuss says self-driving outfit Cruise isn't worried about a profitability timeline yet....

December 5, 2022, 11:23 am

Realty income: recent strength shouldn't dissuade investing

Realty Income has seen its share price recover by the double-digits recently, but despite that, it still has substantial potential. The company is con...

December 5, 2022, 7:51 am

Does bitcoin beat inflation?

As inflation mounts throughout the developed world and billions of people are suffering from their hard...

December 4, 2022, 9:29 pm

Delta pilots are in line for huge pay rises worth billions of dollars if they agree to a new contract, report says

Delta has reached a preliminary agreement with the Air Line Pilots Association to increase pay and quality of life, Reuters reported....

December 4, 2022, 8:19 am

Tesco and other grocers profits in the millions but farmers get 'less than a penny in the pound', says report

Supermarkets such as Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY) need tougher regulation as are making ...

December 2, 2022, 5:01 am

Amazon plans to pour $1 billion annually on theater movies

Amazon.com Inc. AMZN, +1.02% will spend more than $1 billion annually on 12 to 15 movies that initially play in theaters, according to a Bloomberg rep...

November 23, 2022, 2:07 pm

Credit suisse warns of $1.6 billion loss after clients pull money

Credit Suisse, racked with issues since it lost billions from the default of Archegos in March 2021, de...

November 23, 2022, 12:14 pm

What is going on with credit suisse (cs) stock today?

There's a lot of news for Credit Suisse (NYSE: CS ) stock traders to absorb today. For one thing, the company's shareholders just approved a plan to r...

November 23, 2022, 11:56 am

S&p 500 investors have lost billions on tesla stock

Adding the electric vehicle pioneer to a key benchmark hasn't worked out well....

November 23, 2022, 5:41 am

6g mobile investment launched by ericsson as planning for 2030 rollout steps up

Despite ill-founded rumours that it is linked to Covid, the roll-out of 5G mobile has reached less than a third of the world's population and invest...

November 22, 2022, 8:06 am

Boeing reorganizes after billions of losses

Boeing Defense, Space & Security lost $3 billion in the past 12 months. Reorganization of the Defense segment is related to the weak engineering and f...

November 18, 2022, 6:23 pm

Dell technologies to pay $1 billion settlement in suit stemming from 2018 class v stock deal

Dell Technologies Inc. DELL, +0.24% said Wednesday it agreed to pay $1 billion to settle a lawsuit against the company in Delaware Court of Chancery s...

November 16, 2022, 6:25 am

Elon musk heads to court to defend his billions in tesla pay

A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion....

November 16, 2022, 5:00 am


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