Spike in Gold Inventories Points to Another Large US Trade Gap
The rush of gold bullion deliveries into New York depositories from overseas will likely keep the US goods-trade deficit close…
Tesla Stock Jumps. What’s Behind the Rise.
Tesla stock jumped Monday as it tried to snap a long streak of weekly losses. The best news, however, might…
TikTok Ad Executive Steps Down as Part of Reorganization
A TikTok executive responsible for its core advertising business is stepping aside as part of a reorganization, the latest management…
Shell ups shareholder distributions, cuts spending
Shell increased its shareholder distribution policy on Tuesday to 40-50% of cash flow from operations from 30-40% with a focus…
Exclusive-India slaps Samsung with tax demand of $601 million for telecom imports
India has ordered Samsung and its executives in the country to pay $601 million in back taxes and penalties for…
Xiaomi Seeks $5.3 Billion in Share Sale to Fund EV Expansion
Xiaomi Corp. kicked off a share sale that may fetch as much as $5.3 billion, capitalizing on a surge in…
Oil firms as market weighs Iran sanctions and talks over Russia-Ukraine ceasefire
Oil prices climbed in choppy trade on Monday as investors weighed the impact of fresh U.S. sanctions on Iranian exports…
Energy stocks outperform year to date amid inflation, tariff uncertainty
Energy stocks have outperformed the broader markets this year as investors shift from the tech play in favor of companies…
Boeing Stock Rockets, Suppliers Rally, On Deliveries Affirmation
Boeing stock soared on Wednesday to notch its best single-day advance in more than two years after the Dow Jones…
Tesla Recalls 46,000 Cybertrucks Over Exterior Panel Safety Concerns
Tesla (TSLA, Financial) is recalling 46,096 Cybertrucks in the United States after identifying an exterior trim defect that could detach…