Southwest Airlines warns staff of ‘tough decisions’ ahead
Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits…
Apollo eyes $5 billion investment in Intel
U.S.-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in…
China Weighs Removing Major Homebuying Curbs to Boost Demand
China is considering removing some of the largest remaining restrictions on home purchases after previous measures failed to revive a…
Huawei ‘super fans’ fuming as left empty handed by $2,800 phone launch
Huawei and Apple’s latest smartphones went on sale in China on Friday, with many fans of the Chinese company disappointed…
Buy Bonds and Gold as Bubble Risk Returns
The euphoria in equity markets following the Federal Reserve’s interest-rate cut is stoking the risk of a bubble, making bonds…
Morgan Stanley latest to downgrade ASML on China, memory, Intel concerns
Morgan Stanley (MS) on Friday downgraded earnings estimates for computer chip equipment maker ASML (ASML), the latest brokerage to do…
TikTok Is Becoming a Popular News Source for American Adults
TikTok is becoming a regular news source for a growing number of Americans, including young adults, according to a new…
Volkswagen plans stop to production at jointly-owned China plant
Volkswagen is planning to stop production at one of its combustion engine car plants in China, a person with direct…
The stock market dipped after a historic Fed rate cut. Here’s what the experts think
The Federal Reserve gave investors exactly what they said they wanted on Wednesday, slashing interest rates by an outsized 50…
GameStop CEO Cohen to pay $1 million fine over Wells Fargo stock buy
GameStop CEO Ryan Cohen agreed to pay a nearly $1 million penalty to settle the U.S. Federal Trade Commission’s claim…