Exclusive-Silver Lake, Bain prepare to bid for multi-billion stake in Intel’s Altera unit
Buyout firms Silver Lake and Bain Capital are among the potential suitors that are likely to compete to acquire a…
Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers
Six months later, Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven…
Goldman Strategists See Little Chance of Post-Poll Bear Market
The US stock market is unlikely to head into a bear market in the next 12 months, with a resilient…
Boeing machinists’ bumper pay packet is just the latest win for unionized workers
Striking Boeing workers voted to accept a deal with a 38% pay rise. The latest big victory for US labor…
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…
North Korean troops in Russia are shelled by Ukrainian forces
North Korean troops recently deployed to help Russia in its war with Ukraine have come under Ukrainian fire, a Kyiv…
A Nvidia partner’s stock surged because Nvidia wants chips faster
An Nvidia (NVDA) partner in South Korea saw its shares surge Monday after it said the U.S.-based chipmaker wants chips…
Rupee touches all-time low on equity outflows, US elections in focus
The Indian rupee touched its weakest level on record on Monday, as persistent outflows from local stocks blunted the impact…
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…
Nvidia’s stock performance has been ‘staggering.’ But recent buyers of the stock are taking a far greater risk than they realize
Nvidia has become the combined Taylor Swift and Shohei Ohtani of stocks – glamorous, constantly hitting the ball out of…