Boeing to boost 737 Max production rate as travel demand increases
Boeing is increasing production of its popular 737 Max jet as travelers return to the skies and carriers respond by growing their fleets, the plane-maker said.
Former Sen Kelly Loeffler joins board of anti-woke marketplace
Former Sen. Kelly Loeffler is joining the board of directors of a growing network of businesses bucking the corporate trend toward left-wing advocacy.
Lyft open to selling bike, scooter business
Lyft said Monday it might sell or find a strategic partner for its bikes and scooters unit as the ridesharing company races Uber for more share of the market.
AMC chief executive delivers warning after stock conversion rejected
AMC Entertainment CEO Adam Aron issued a warning on Twitter, saying the company could “conceivably" run out of cash over the next two years if not allowed to raise money.
AMC shares surge after judge blocks stock conversion plan
AMC common stock shares soared after a judge rejected a settlement related to a stock conversion plan that would allow the company to issue more shares.
Is the 60/40 investment portfolio making a comeback?
Generally, investors with greater wealth have the ability to assume more risk, but it is truly dependent on their lifestyle and goals, according to experts.
American Express reports record spending: ‘We feel really confident’
American Express said on Friday it took in a record $15.1 billion over the second quarter as card members spent more on its credit cards. Its results beat Wall Street estimates.
American Airlines boosts profit outlook on record travel
American Airlines now said it expects an adjusted profit of $3 to $3.75 per share for 2023 compared with its prior outlook of $2.50 to $3.50 per share.
Musk mulling more price cuts for Tesla models
Tesla CEO Elon Musk is considering lowering the cost of Tesla vehicles as the company puts an emphasis on sales over profits, in hopes the self-driving software will boost margins.
Investors still bearish on US economy amid slowdown fears
A Bank of America survey indicated fund managers remain bearish about the state of the U.S. economy, even as stock markets continue to march higher.
Carvana shares surge on deal to cut debt by $1.2B
Shares of Carvana are up big on Wall Street midweek after a deal the used-car retailer landed with some of its bondholders to cut over $1 billion in outstanding debt.
Cathie Wood's ARK drops more Tesla, Coinbase shares
Funds related to Cathie Wood’s ARK Invest dumped $14 million in Tesla stock and another $26 million in Coinbase shares, according to trade disclosures on Monday.
AT&T shares sink to 30-year low, subscribers cutting cord
Shares of AT&T have fallen to a three decade low and are now down over 26% in 2023 and 34% the last year amid a sharp decline in subscribers and use of landlines.
Tesla, Netflix and housing data dominate week ahead
The major banks will wrap up earnings next week as investors keep an eye on quarterly reports from Tesla and Netflix as well as economic data housing, including mortgage rates.
JPMorgan Chase profit jumps, helped by First Republic purchase
JPMorgan Chase said on Friday that the bank’s profits moved 67% higher over the second quarter, as borrowers' interest payments increased from the purchase of First Republic Bank.
Which generative AI companies could be on the fast-track to IPO?
Generative AI solutions are flooding the market because of Microsoft, Google and OpenAI building up an emerging supply line of artificial intelligence companies on the way to IPO.
Domino's, Uber partner on pizza ordering, deliveries
Domino's Pizza customers can now order food through Uber Eats and Postmates apps beginning in four pilot cities, the pizza chain announced on Wednesday.
Safety administration wants answers from Tesla on autopilot probe
U.S. regulators from the National Highway Traffic Safety Administration have asked Tesla for updated responses in their investigation into the EV maker’s Autopilot.
Carl Icahn gets breathing room from lenders following short-seller attack
Carl Icahn's has detached his personal loans from Icahn Enterprises reducing risk for investors and addressing short-seller Hindenburg's concerns.
Rivian shares drive toward 9th straight win
The winning streak continues for Rivian shares, adding to the 80+% gains over the last eight trading days as investors pile into the electric vehicle maker after a string of announcements.



















