U.S. regulators are ready to propose a rule that could majorly increase capital needs for larger banks, pressuring them to cut prices and retain earnings […]
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Accepting a labor agreement, employees at a Boeing 737 supplier ended their strike.
Workers at Spirit Aerosystems, suppliers of Boeing aircraft parts, accepted a new labor agreement on Thursday, setting the stage to begin production at a Wichita, […]
Apple nearing $3T MCap
On Wednesday, Apple’s stock reached an intraday high and was close to finishing the day for the first time with a market capitalization above $3 […]
Google fires staff at its mapping app, Waze
Without providing any information regarding the number of layoffs, Google’s parent company, Alphabet, announced on Tuesday that it is reducing employment at Waze as it […]
Microsoft CEO Satya Nadella stated in a court filing last year that the company wants to reach $500 billion in sales by 2030.
Microsoft CEO Satya Nadella said to his colleagues and board members last year that the software firm plans to hit the $500 billion mark by […]
OPEC says the need for oil will reach 110 million barrels a day in 2045
Global oil demand will climb to 110 million barrels per day in about 20 years, causing the world’s energy needs to increase by 23%, according […]
Cramer advises Wall Street to focus on the aerospace industry, particularly RTX.
CNBC’s Jim Cramer said on Wednesday he believes Wall Street is not closely monitoring RTX, an aerospace and defense firm. Raythorn Technologies’ rebranded version, RTX, […]
Trim your portfolio and resist getting greedy, advises Cramer: “After a big run, it is OK to take something off the table.”
Investors were warned by Jim Cramer of CNBC on Wednesday that while bulls and bears profit, hogs are butchered. While the Federal Reserve considers its […]
Microsoft will pay $20 million to settle US charges of violating the privacy of children.
Microsoft will pay $20 million to resolve FTC claims that it improperly acquired sensitive data from children without their parents’ approval, the FTC announced on […]
IMF developing platform for global central banks’ digital currencies
According to IMF Managing Director Kristalina Georgieva, the International Monetary Fund is developing a platform for central bank digital currencies (CBDCs) to allow transactions between […]