Bloomberg

Apple Prevails in Labor Dispute with Terminated Retail EmployeesApple Prevails in Labor Dispute with Terminated Retail Employees

Apple Prevails in Labor Dispute with Terminated Retail Employees

The National Labor Relations Board has dismissed the most serious allegations against Apple Inc. in a case involving fired retail…

1 year ago
Calls for Biden to Stop Oil Export Projects Following Approval of TerminalCalls for Biden to Stop Oil Export Projects Following Approval of Terminal

Calls for Biden to Stop Oil Export Projects Following Approval of Terminal

Climate activists are ramping up their efforts to halt proposed crude oil shipping facilities after successfully pressuring President Joe Biden…

1 year ago
It is Likely Too Early for Japan’s Reserves Tally to Reflect InterventionIt is Likely Too Early for Japan’s Reserves Tally to Reflect Intervention

It is Likely Too Early for Japan’s Reserves Tally to Reflect Intervention

Japan's foreign currency reserves took a significant hit in April, dropping by $14 billion, according to a report from the…

1 year ago
Investors focus on NBA updates amidst changing linear TV landscapeInvestors focus on NBA updates amidst changing linear TV landscape

Investors focus on NBA updates amidst changing linear TV landscape

Warner Bros. Discovery (WBD) is gearing up to report its first-quarter earnings on Thursday, with investors eagerly awaiting updates on…

1 year ago
S&P 500 Faces Obstacle After Winning Streak: Market RecapS&P 500 Faces Obstacle After Winning Streak: Market Recap

S&P 500 Faces Obstacle After Winning Streak: Market Recap

Wall Street's Winning Streak Comes to an End After a four-day winning streak that propelled the market to its longest…

1 year ago
Tencent and Alibaba’s earnings will determine the longevity of China’s stock rallyTencent and Alibaba’s earnings will determine the longevity of China’s stock rally

Tencent and Alibaba’s earnings will determine the longevity of China’s stock rally

Chinese stocks are on the rise, but the sustainability of this upward trend hinges on the upcoming earnings reports from…

1 year ago
Mnuchin: Strong Dollar Beneficial for Financing US Debt, at Least for the Time BeingMnuchin: Strong Dollar Beneficial for Financing US Debt, at Least for the Time Being

Mnuchin: Strong Dollar Beneficial for Financing US Debt, at Least for the Time Being

Former Treasury Secretary Steven Mnuchin has weighed in on the strength of the US dollar, calling it an advantage in…

1 year ago
Sony’s Stock Declines Amid Worries Over Financing After Paramount DealSony’s Stock Declines Amid Worries Over Financing After Paramount Deal

Sony’s Stock Declines Amid Worries Over Financing After Paramount Deal

Sony Group Corp.’s shares took a hit as investors expressed concerns over the financing of its proposed $26 billion acquisition…

1 year ago
Princeton Digital Secures $1.5 Billion Green Loan for Asia AI HubPrinceton Digital Secures $1.5 Billion Green Loan for Asia AI Hub

Princeton Digital Secures $1.5 Billion Green Loan for Asia AI Hub

Princeton Digital Group Secures $280 Million Green Loan for Data Center in Malaysia Princeton Digital Group, a leading Asian infrastructure…

1 year ago
Bond Guarantees Face First Major Test with Country Garden DeadlinesBond Guarantees Face First Major Test with Country Garden Deadlines

Bond Guarantees Face First Major Test with Country Garden Deadlines

Country Garden Holdings Co., one of China's most indebted builders, is set to test the state guarantee program this week…

1 year ago
Asian Stocks Remain Steady as China Prepares to Reopen: Market OverviewAsian Stocks Remain Steady as China Prepares to Reopen: Market Overview

Asian Stocks Remain Steady as China Prepares to Reopen: Market Overview

Asian equity markets are holding steady as traders eagerly anticipate the reopening of China after an extended holiday break. With…

1 year ago
Buffett Applauds Apple After Reducing Investment, Sells Off Paramount StakeBuffett Applauds Apple After Reducing Investment, Sells Off Paramount Stake

Buffett Applauds Apple After Reducing Investment, Sells Off Paramount Stake

At Berkshire Hathaway Inc.'s annual meeting in Omaha, Warren Buffett made headlines by praising Apple Inc. despite cutting his stake…

1 year ago
ISS Advises Boeing Shareholders to Reject CEO Compensation PackageISS Advises Boeing Shareholders to Reject CEO Compensation Package

ISS Advises Boeing Shareholders to Reject CEO Compensation Package

Institutional Shareholder Services (ISS) is urging Boeing Co. investors to vote against a $32.8 million pay package for CEO David…

1 year ago
Exxon Set to Finalize Acquisition with Pioneer Founder Amid ControversyExxon Set to Finalize Acquisition with Pioneer Founder Amid Controversy

Exxon Set to Finalize Acquisition with Pioneer Founder Amid Controversy

The US Federal Trade Commission has made a controversial decision regarding Exxon Mobil Corp.'s $60 billion purchase of Pioneer Natural…

1 year ago
Market Wrap: Stocks Decline, Dollar Holds Steady as Investors Turn Attention to PowellMarket Wrap: Stocks Decline, Dollar Holds Steady as Investors Turn Attention to Powell

Market Wrap: Stocks Decline, Dollar Holds Steady as Investors Turn Attention to Powell

Stocks took a hit as concerns over higher US interest rates resurfaced, with the Federal Reserve's policy decision looming. Brent…

1 year ago