Lyft appoints new chief executive as co-founders step back

Lyft Inc (NASDAQ:LYFT) has appointed a new chief executive as its two co-founders step back from managing the ride-sharing company, the Wall Street Jo...

March 28, 2023, 3:53 am

Lyft hires new ceo as founders step back

David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competi...

March 27, 2023, 4:30 pm

Why didn't regulators see svb collapse coming?

Senate Finance Committee member sen. James Lankford, R-Okla....

March 23, 2023, 12:00 am

Fifth third board member bought $1.3 million worth of stock after it tumbled

A Fifth Third Bancorp board member spent more than a million dollars to buy the Cincinnati-based bankin...

March 15, 2023, 4:34 pm

The svb financial group debacle and schwab: time to buy may be nigh

The Charles Schwab Corporation dropped the third-most in the 67-member s&P 500 Financials Index on Thur...

March 13, 2023, 5:20 pm

'paypal mafia' member says google and meta intentionally overhired engineers to prevent them from working at other companies.

In today's edition: How influencers are using ChatGPT, BMW wins the luxury electric SUV race, and more headlines....

March 9, 2023, 6:35 am

European equity close: a good start to the week

Buying European stocks has been the trade of the year so far in 2023 and that continued to start the week:

• Stoxx 600 +0.3%
• Germa...

  March 6, 2023, 4:55 pm

Weight watcher' sales forecast comes up short, and subscribers are down. but it's reportedly buying its way into telehealth, with diabetes and obesity drugs

WW International Inc., the company that oversees the weight-loss program Weight Watchers, forecast first-quarter sales that were below expectations Mo...

March 6, 2023, 4:54 pm

Eurozone retail sales volume rose 0.3% mom in feb

Eurozone retail sales volume rose 0.3% mom in February, well below expectation of 1.0% mom. Volume of retail trade increased by 1.8% for food, drinks ...

March 6, 2023, 11:39 am

Eurozone pmi composite finalized at 52 in feb, a resounding expansion of business activity

Eurozone PMI Services was finalized at 52.7 in February, up from January’s 50.8. PMI Composite was finalized at 52.0, up from prior month’s 50.3. ...

March 3, 2023, 9:43 am

Latest four-member spacex crew docks with international space station

By Steve Gorman (Reuters) – A SpaceX Crew Dragon capsule arrived safely at the International Space Station (ISS) early on Friday, carrying two U.S. ...

March 3, 2023, 7:06 am

Eur/usd bears to test buyers at $1.05 on services pmi and fed chatter

It’s a busy day ahead for the EUR/USD. The euro area and US services sector will be in the spotlight, with ECB and Fed ...

March 3, 2023, 3:45 am

European parliament committee votes to ban pfof among brokers

The European Parliament’s Economic Affairs Committee on Wednesday voted in favour of a draft law from the European Commission that seeks to ban p...

March 1, 2023, 8:11 pm

Tesla unveils new ‘master plan' in bid to regain momentum

Former Tesla board member steve Westly joins Ed Ludlow and Caroline Hyde to give his take on Musk's Mas...

March 1, 2023, 7:02 pm

Eurozone pmi manufacturing finalized at 48.5, output at 50.1

Eurozone PMI Manufacturing was finalized at 48.5 in February, down from January’s 48.8. Manufacturing output was finalized at 50.1, up from 48.9, a ...

March 1, 2023, 9:11 am

: california schools may someday require african-american studies — a move to ‘directly counter’ laws like florida’s ‘stop woke’

Reparations task force will recommend California schools adopt African-American studies. “You can’t fix what you won’t look at,” one task-forc...

February 25, 2023, 1:05 pm

Tesla board member says musk doesn't mind bankruptcy if a rival builds a better car: 'that's his philosophy'

Elon Musk remarked that he wouldn't mind Tesla going bankrupt, if it means a rival company builds a better car, according to a company board member....

February 14, 2023, 8:23 am

Bitcoin struggles around $23,000 level as new-year rally loses steam

The price of bitcoin dipped below $23,000 over the weekend as investors digested the latest U.S. employment numbers and looked toward a batch of Feder...

February 6, 2023, 6:29 pm

Eurozone retail sales dropped -2.7% mom in dec, eu down -2.6% mom

Eurozone retail sales volume dropped -2.7% mom in December, worse than expectation of -2.5% mom. The volume of retail trade decreased by -2.9% for foo...

February 6, 2023, 10:05 am

Eurozone pmi services finalized at 50.8 in jan, remains too early to completely disregard recession risks

Eurozone PMI Services was finalized at 50.8 in January, up from December’s 49.8, hitting a 6-month high. PMI Composite was finalized at 50.3, up fro...

February 3, 2023, 9:09 am