Inditex appoints new chief financial officer
Inditex on Friday announced a new chief financial officer and chief sustainability officer in a top management reshuffle, without detailing…
Virgin Galactic Stock Skyrockets on Results, Flight Plans
Virgin Galactic results and plans for future flights sent shares of the space tourism firm soaring 35% Friday. The company…
Trump Says US to Set Tariff Rates for Other Nations in Weeks
Supply Lines is a daily newsletter that tracks global trade. Sign up here. President Donald Trump said he would set…
Resurgence of ‘America First’ Trade Forges New Equities Leader
An unlikely cohort has climbed to the top of the S&P 500 Index’s leaderboard, powered by a resurgence of the…
Altcoin Season Could Heat Up in June and Drain Part of Bitcoin’s $2T Market Cap, Analyst Says
Bitcoin’s (BTC) dominance rate has dropped notably this month, sparking hopes for a full-blown alt season or period where the…
Exclusive-Musk took leased cars back so Tesla could use them as “robotaxis.” Instead, Tesla sold them
Tesla last November ended an unusual policy that prohibited U.S. leasing customers from buying their cars at lease-end. The policy…
Xiaomi’s new EV orders slump in China as consumer backlash grows
-China’s Xiaomi is seeing a slump in new orders for its SU7 electric sedan, analysts said on Wednesday, as the…
Gold Edges Higher as Economic Data Supports Fed Rate Cut Bets
Gold edged higher after US economic data supported the case for the Federal Reserve to continue cutting interest rates this…
Nvidia supplier Foxconn cuts outlook due to currency appreciation
Taiwan’s Foxconn, the world’s largest contract electronics maker, downgraded its full-year outlook on Wednesday citing recent appreciation of the Taiwan…
Another sign that Elon Musk’s businesses are benefiting big from his role as Trump’s ‘first buddy’
Elon Musk may be taking a step back from his full-time gig at the Trump administration’s Department of Government Efficiency.…