Strikes could idle more Detroit Three auto plants Friday
(Reuters) – United Auto Workers union President Shawn Fain is expected to launch walkouts at more Detroit Three auto factories…
Nike Q1 earnings surpass expectations, dividend increases despite sales shortfall
Nike Inc (NYSE:NKE).’s financial performance in the first quarter of fiscal year 2024 demonstrated resilience, with earnings beating expectations and…
Meta’s new AI assistant trained on public Facebook and Instagram posts
(Reuters) – Meta Platforms used public Facebook (NASDAQ:META) and Instagram posts to train parts of its new Meta AI virtual…
Apple, China met to discuss Beijing’s crackdown on western apps- WSJ
(Reuters) – Apple staff met with Chinese officials in recent months to discuss concerns over new rules that will restrict…
Futures climb as Treasury yields ease ahead of key inflation data
(Reuters) – U.S. stock index futures rose on Friday as Treasury yields eased from multi-year highs and powered gains in…
Robert Kiyosaki warns of privacy concerns with FedNow service, suggests investing in Bitcoin, gold, silver, and cash
Following the July 20, 2023 launch of the ‘FedNow Service,’ an instant payment infrastructure developed by the United States Federal…
Citigroup study explores potential impact of U.S. government shutdown on economy and markets
A recent research conducted by Citigroup (NYSE:C) has shed light on the potential implications of a U.S. government shutdown on…
Boeing to settle US claim over Osprey production issues
(Reuters) – Boeing (NYSE:BA) has agreed to pay $8.1 million to resolve allegations it violated U.S. law by failing to…
Credit Suisse sheds nearly 13% of workforce this year
(Reuters) – Credit Suisse has shed nearly 13% of its workforce this year, underlining the turmoil at the bank that…
Tesla sued by US agency over alleged harassment of Black factory workers
(Reuters) – A U.S. civil rights agency sued Tesla (NASDAQ:TSLA) Inc on Thursday, claiming the electric carmaker has tolerated severe…