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Goldman Sachs to Spend 'Tens of Millions' on Discounted Crypto Investments After FTX Implosion: Report

The investment bank sees a bigger need for trustworthy and established players in the crypto space.
News06-12 13:02From hours

GM’s BrightDrop signs first customer in Canada, unveils country’s first large EV factory

By Lisa Baertlein (Reuters) – The first electric delivery trucks rolled off production lines at BrightDrop’s new factory in Canada on Monday, when the upstart unit of General Motors Co also...
News06-12 13:02From hours

Musk Says Apple Has 'Fully Resumed' Advertising On Twitter, This E-Commerce Giant Set To Follow Suit

Benzinga - Twitter CEO Elon Musk blasted Apple Inc (NASDAQ: NASDAQ:AAPL) last week, saying it had mainly stopped advertising on Twitter and had threatened to withhold the social media app from its App...
News06-12 13:02From Benzinga

Venezuela, Chevron formally sign oil contracts in Caracas

Venezuela’s oil minister and top representatives of state-run company PDVSA on Friday signed contracts with U.S. oil firm Chevron Corp (NYSE:CVX) intended to help revive the nation’s oil output and...
News06-12 13:02From hours

Was The Force Strong? Here's How Much A $1,000 Investment In Disney Stock When Lucasfilm Was Acquired Is Worth Today

Over the years, media giant The Walt Disney Company (NYSE: DIS) has grown through acquisitions and been able to create or evolve new intellectual property from its existing and newly owned brands...
News06-12 13:02From 04,

Apple Makes Plans to Move Production Out of China

Burned by Covid lockdowns and worker protests at Foxconn plants, the iPhone maker is looking to diversify the supply chain that has powered its growth.
News06-12 13:02From 03,

Apple Blocks Coinbase Wallet Update, Demands 30% of Every NFT Transaction

Apple’s policy of taking 30% of every App Store-related transaction has been attracting more attention lately.
News06-12 13:02From hours

What's Next For Stocks After Fed Chair Powell Says Smaller Interest Rate Hikes Could Start In December?

Benzinga - The SPDR S&P 500 ETF Trust (NYSE: SPY (NYSE:SPY)) rallied this week following dovish commentary from the Federal Reserve chair, but the November jobs report revealed the U.S. labor...
News06-12 13:02From Benzinga

Chevron unlikely to invest more in Venezuela in short term, says CEO

Chevron Corp is unlikely to add investment in Venezuela in the next six months despite a recent U.S. license to allow it to expand its operations in the South American country, Chief Executive Michael...
News06-12 13:02From 02,

Holiday sales off to blistering start as shoppers gravitate to online, mobile

By Liz Moyer -- Holiday sales season got off to a blistering start for many retailers, and data this week show shoppers are gravitating to online marketplaces and mobile options. Austin,...
News06-12 13:02From

Amazon media chief Jeff Blackburn retires from the company for the second time

Longtime Amazon employee Jeff Blackburn is retiring for the second time from the online retail and cloud computing giant.
News06-12 13:02From hours

Ford claims No. 2 spot in EVs behind Tesla, passing Hyundai

Ford topped Hyundai after the South Korean automaker lost incentive of consumer tax credits up to $7,500 for buyers of its EVs.
News06-12 13:02From minutes

Need to Know: The Fed pivot will be good for gold in 2023, says Bank of America

Falling dollar and Treasury yields will encourage investors to buy the bullion, says the Wall Street bank.
News06-12 13:02From 02,

Stock market today: Dow wobbles on mixed economic data ahead of jobs report

By Yasin Ebrahim -- The Dow slipped Thursday following a Powell-fueled rally a day earlier as investors weighed up mixed economic data underscoring weak manufacturing activity and a...
News06-12 13:02From

VW confirms looking in Canada to build first North America cell plant

By Jan Schwartz BERLIN (Reuters) -Volkswagen has begun searching for a site for the German carmaker's first battery cell factory in North America, its CEO announced on Thursday. Confirming an earlier...
News06-12 13:02From Reuters

S&P 500 takes breather from Powell-inspired melt up

By Yasin Ebrahim -- The S&P 500 took a breather Thursday from a Powell-fueled rally a day earlier as investors digested mixed economic data showing weaker manufacturing activity, and...
News06-12 13:02From

In One Chart: Global financial markets having ‘awful year’ despite ‘great’ November for most assets, says Deutsche Bank

One of the places that turned in the best November performance was Hong Kong's Hang Seng Index, said Deutsche Bank's Jim Reid.
News06-12 13:02From 01,

: Tesla stock edges higher ahead of Semi electric truck launch

Shares of Tesla Inc. inched higher in midday trading Thursday, tracking the broader market and seeming to ignore a potential catalyst later in the day with the electric-vehicle maker unveiling its...
News06-12 13:02From hours

General Electric Board Approves Healthcare Division Spinoff, Likely To Begin Trading On January 4

Benzinga - General Electric (NYSE:GE) Co's (NYSE: GE) board approved the previously announced spinoff of its healthcare business, GE Healthcare Holding LLC. Before such a spinoff, GE HealthCare...
News06-12 13:02From Benzinga

When the chips go up: Big banks bet on South Korea, Taiwan stocks for 2023

By Harish Sridharan (Reuters) - Global banks are turning bullish on South Korean and Taiwanese shares, expecting a revival in semiconductors to drive a rally next year, while they see Japan's market...
News06-12 13:02From Reuters