Business
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‘Roaring Kitty,’ Meeting Glitch Send GameStop on Wild Round Trip
June 14, 2024
‘Roaring Kitty,’ Meeting Glitch Send GameStop on Wild Round Trip
(Bloomberg) — A manic two-week stretch for GameStop Corp. investors — featuring an annual meeting kiboshed by a technical glitch…
Tesla analysts react to approval of Elon Musk’s pay package
June 14, 2024
Tesla analysts react to approval of Elon Musk’s pay package
Tesla (TSLA) stock slipped slightly on Friday after shareholders reapproved Elon Musk’s record-breaking pay pact, removing a big overhang on…
Consumer sentiment hits lowest level in 7 months
June 14, 2024
Consumer sentiment hits lowest level in 7 months
Consumer sentiment tumbled in June, despite largely resilient growth in the US economy, as higher prices remained a pain point…
Southwest Airlines Boeing jet ‘Dutch roll’ prompts FAA investigation
June 14, 2024
Southwest Airlines Boeing jet ‘Dutch roll’ prompts FAA investigation
Sam Salehpour, an engineer at Boeing, told lawmakers that the company is cutting corners in assembling its 787 and 777…
Boeing and Airbus may have used ‘counterfeit’ titanium in planes, FAA says
June 14, 2024
Boeing and Airbus may have used ‘counterfeit’ titanium in planes, FAA says
Boeing and Airbus, the two biggest commercial airline makers, may have used titanium sold using fake documents, according to evidence…
Import prices fall sharply in another sign of fading U.S. inflation
June 14, 2024
Import prices fall sharply in another sign of fading U.S. inflation
The cost of imported goods fell in May by the largest amount since the end of last year, adding to…
5 things to know before the stock market opens Friday, June 14
June 14, 2024
5 things to know before the stock market opens Friday, June 14
Here are five key things investors need to know to start the trading day: 1. Four-peat The S&P 500 and…
US bank Wells Fargo fires employees for ‘simulating’ being at their keyboards | Banking
June 14, 2024
US bank Wells Fargo fires employees for ‘simulating’ being at their keyboards | Banking
The US bank Wells Fargo has fired more than a dozen workers for alleged “simulation of keyboard activity”, in an…
Elon Musk bets Tesla on Optimus, says over 1,000 robots working in factories next year
June 14, 2024
Elon Musk bets Tesla on Optimus, says over 1,000 robots working in factories next year
Elon Musk is betting Tesla on its Optimus program, which he now says will add tens of trillion of dollars…
Broadcom is the next stock that could enter the trillion-dollar club, according to Bank of America
June 14, 2024
Broadcom is the next stock that could enter the trillion-dollar club, according to Bank of America
Reuters Broadcom could be the next stock to reach a trillion-dollar market cap, Bank of America said. The chipmaker’s stock…