Today: September 22, 2024
Today: September 22, 2024

Finance

Business|Finance|Technology

Leveraged Nvidia ETF issuers saw trading surge in bearish products ahead of earnings

Interest in leveraged exchange-traded funds that allow investors to profit when shares of Nvidia fall grew steadily ahead of the chipmaker's quarterly results, according

Leveraged Nvidia ETF issuers saw trading surge in bearish products ahead of earnings
Business|Finance

Delaware settles dispute with other states over unclaimed MoneyGram funds

Thirty states are set to receive more than $102 million from Delaware after the U.S.

Delaware settles dispute with other states over unclaimed MoneyGram funds
Business|Economy|Finance

Texas narrows gas plant projects vying for $5.4 billion in funding

The Public Utility Commission of Texas selected 17 projects, seeking $5.38 billion in government funding, to advance in a new program aimed at spurring the development of gas-

Texas narrows gas plant projects vying for $5.4 billion in funding
Business|Finance

Ulta Beauty lowers annual forecasts on slowing demand for beauty products

Ulta Beauty cut its annual sales and profit forecasts on Thursday, hurt by slowing demand for higher-priced cosmetics and fragrances at its stores.

Ulta Beauty lowers annual forecasts on slowing demand for beauty products
Business|Economy|Finance

Venture Global seeks OK to unload first LNG commissioning cargo at Louisiana plant

U.S. liquefied natural gas (LNG) company Venture Global LNG sought authorization on Thursday from U.S. energy regulators by Aug. 30 to unload the first LNG commissioning cargo at the

Venture Global seeks OK to unload first LNG commissioning cargo at Louisiana plant
Business|Finance|Stock Markets

Lululemon cuts annual forecasts on tepid US demand, slower product refresh

Lululemon Athletica cut its annual sales and profit forecasts on Thursday, as demand for its pricey leggings and tank tops slowed in North America amid selective consumer

Lululemon cuts annual forecasts on tepid US demand, slower product refresh
Business|Finance

Nasdaq Futures to pay $22 million to settle charges over perk program, CFTC says

Nasdaq has agreed to pay $22 million to settle U.S.

Nasdaq Futures to pay $22 million to settle charges over perk program, CFTC says
Business|Finance|Technology

Brazil judge blocks Starlink accounts in the country amid X spat, source says

Brazilian Supreme Court judge Alexandre de Moraes on Thursday ordered the blocking of the financial accounts of billionaire Elon Musk's Starlink due to the lack of legal

Brazil judge blocks Starlink accounts in the country amid X spat, source says
Business|Finance|News

GM must face big class action over faulty transmissions

General Motors was ordered by a federal appeals court to face a class action claiming it violated laws of 26 U.S. states by knowingly selling several hundred thousand

GM must face big class action over faulty transmissions
Business|Finance|Technology

Dell attempts to sell cybersecurity firm SecureWorks again, sources say

Personal computer maker Dell Technologies is again exploring a possible sale of SecureWorks, after unsuccessful earlier attempts to find a buyer for the U.S.

Dell attempts to sell cybersecurity firm SecureWorks again, sources say
Business|Finance|Technology

Apple, Nvidia in talks to join OpenAI funding round, media reports say

Apple and chip giant Nvidia are reportedly in talks to invest in OpenAI as part of a new fundraising round that could value the ChatGPT maker above $100 billion, according to media reports

Apple, Nvidia in talks to join OpenAI funding round, media reports say
Business|Finance

Embraer's aircraft delivery delay seen 1 to 2 months, shorter than peers' times, CFO says

Brazilian planemaker Embraer's average delay to deliver aircraft is around one to two months, the firm's chief financial officer said on Thursday, highlighting

Embraer's aircraft delivery delay seen 1 to 2 months, shorter than peers' times, CFO says
Business|Finance

Brazil airline Azul not weighing Chapter 11, CEO says

Azul is not planning on filing for Chapter 11 bankruptcy protection, the Brazilian airline's CEO told Reuters, contradicting reports which caused the carrier's

Brazil airline Azul not weighing Chapter 11, CEO says
Asia|Economy|Finance

China's central bank buys government bonds, stirs intervention talk

China's central bank said it bought special government bonds from primary dealers on Thursday, its first such bond purchase in nearly two years, reviving speculation it is

China's central bank buys government bonds, stirs intervention talk
Economy|Finance

US fiscal profile unlikely to change much after elections, says Fitch

Ratings agency Fitch said on Thursday the U.S. fiscal profile is likely to remain largely unchanged regardless of who wins the upcoming presidential election, as it affirmed the United

US fiscal profile unlikely to change much after elections, says Fitch
Business|Economy|Finance

Nippon Steel boosts capital commitment to US Steel plants

Nippon Steel Corp. is raising its capital commitment by more than $1 billion to spend on U.S. Steel's plants amid entrenched political and labor opposition to the Japanese company’s acquisition of the American steelmaker

Nippon Steel boosts capital commitment to US Steel plants
Business|Economy|Finance|News

US gasoline prices lower this year ahead of Labor Day, EIA says

U.S. gasoline prices were substantially lower than last year heading into the weekend of the Labor Day federal holiday on Monday, which ends the U.S. summer driving season,

US gasoline prices lower this year ahead of Labor Day, EIA says
Business|Europe|Finance

EV tariffs could hurt European companies and industry, Polestar CFO says

Import tariffs imposed by the European Union and the United States on China-made electric vehicles will harm European based companies, the chief financial officer

EV tariffs could hurt European companies and industry, Polestar CFO says
Business|Finance

Lockheed-Raytheon JV secures $1.3 billion Javelin missile contract from U.S. Army

A joint venture between Lockheed Martin and RTX's Raytheon was awarded a $1.3 billion follow-on contract by the U.S. army for its Javelin missiles, which has played a major role in

Lockheed-Raytheon JV secures $1.3 billion Javelin missile contract from U.S. Army
Business|Economy|Finance

Russian central bank says new rate hike in September is not a certainty

Another key interest rate hike in September is not a certainty, as economic growth and lending are slowing down, a senior central bank official said on Thursday in

Russian central bank says new rate hike in September is not a certainty
Business|Finance

Affirm soars as BNPL lender aims to turn profit ahead of Street targets

Affirm shares rose 33% on Thursday after the buy-now-pay-later lender trounced estimates for quarterly results and said it expects to be profitable by the fourth quarter of

Affirm soars as BNPL lender aims to turn profit ahead of Street targets
Business|Economy|Finance

Average rate on a 30-year mortgage eases to 6.35%, its lowest level in more than a year

The average rate on a 30-year mortgage eased for the second week in a row and remains at its lowest level in more than a year

Average rate on a 30-year mortgage eases to 6.35%, its lowest level in more than a year
Business|Economy|Finance

Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal

Marathon Oil shareholders on Thursday approved the U.S. oil producer's nearly $16 billion acquisition by ConocoPhillips, the company said.

Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal
Business|Finance|Technology

Samsung shows interest in Nokia mobile networks assets, Bloomberg News reports

Telecom equipment maker Nokia has been exploring options for its mobile networks business and has drawn interest from suitors including Samsung Electronics, Bloomberg News reported on

Samsung shows interest in Nokia mobile networks assets, Bloomberg News reports
Business|Europe|Finance

Germany's DZ Bank sees more consumers struggling to repay debts

Germany's DZ Bank has turned more pessimistic about the chances of consumers repaying their debts amid rising rents and living costs, and as the

Germany's DZ Bank sees more consumers struggling to repay debts

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