Southwest Airlines near deal to avert board battle
Elliott Investment Management and Southwest Airlines (LUV) are close to reaching a settlement that would avert a proxy battle for…
Yen’s Drop to Three-Month Low Reignites Intervention Concern
The yen dropped to its weakest level against the dollar in almost three months, reviving concern that Japanese officials may…
Boeing said it’s lost another $250 million on the Starliner project
Boeing has recorded another $250 million loss on its Starliner program. New CEO Kelly Ortberg said Boeing will not walk…
Gold Climbs to a Fresh Record as Geopolitics Drive Haven Demand
Gold climbed to a fresh record as the approaching US election and conflict in the Middle East boosted haven demand.…
Nvidia Stock Soars: Value of Nancy Pelosi’s 500 Call Options Today
Nvidia Corporation (NASDAQ:NVDA) shares hit all-time highs Monday, continuing the impressive multi-year run of going from a $1 trillion company…
Huawei Technologies’ Latest AI Chips Were Produced by TSMC
An investigation of Huawei Technologies Co.’s latest AI offering has unearthed an advanced processor made by Nvidia Corp. manufacturing partner…
Spirit Airlines shares jump 46% on extension to debt refinancing deadline
Shares of Spirit Airlines surged as much as 46% on Monday after the ultra low-cost carrier reached a deal with…
Meta to use facial recognition to crack down on celebrity scam ads
Meta has said it’s going to utilize facial recognition technology in a bid to crack down on celebrity scam ads…
US to curb AI investment in China soon
U.S. rules that will ban certain U.S. investments in artificial intelligence in China are under final review, according to a…
Oil Rebounds as Israel Plans Next Iran Move After Weekend Attack
Oil gained — after losing almost 8% last week — as traders tracked tensions in the Middle East that pose…