Oil little changed as US storm threat abates, China stimulus disappoints
Oil prices were little changed on Monday as the threat of supply disruptions from a U.S. storm eased and after…
Sony has sold 65 million PS5s
Just after launching the PlayStation 5 Pro, Sony revealed that it has sold 65.5 million PlayStation 5s as of the…
Lucid Motors starts taking orders for its existential Gravity SUV
Lucid Motors has officially started taking orders for its electric Gravity SUV, a critically important vehicle that’s supposed to go…
Stellantis to lay off 1,100 Ohio Jeep plant workers
Stellantis is indefinitely laying off approximately 1,100 workers at its Jeep plant in Toledo, Ohio, the US, as the company…
TSMC to suspend production of advanced AI chips for China from Monday
Taiwan Semiconductor Manufacturing Co (TSMC) has notified Chinese chip design companies that it is suspending production of their most advanced…
SpaceX to launch Starship for the sixth time this month
SpaceX will conduct the sixth flight test of Starship, the largest rocket ever built, as soon as November 18, following…
After SpaceX’s requests, Taiwanese suppliers move manufacturing abroad
Elon Musk’s SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions of their supply…
Currencies jumpy, stocks stable with all eyes on US election
Stocks were steady on Tuesday but implied volatility ratcheted up in currency markets in an early indication of the market…
Banks and the federal government point fingers as Americans lose billions to online scams
The American Bankers Association is urging federal action on online financial fraud. Banks are facing increased liability for scams, with…
Boeing Bankers Grab Up to $300 Million in Capital Raise Fees
Boeing Co.’s $20 billion-plus capital raise delivered four banks a hefty payday just as equity market issuance began to cool…