Facebook's parent to settle Cambridge Analytica class-action case
Facebook's parent company Meta Platforms has agreed to pay $725 million to settle a class-action privacy lawsuit.
Elon Musk puts Tesla stock sales on pause
Elon Musk has sold over $40 billion worth of Tesla shares in the past year and doesn't plan additional sales for at least two years.
Blue-chip stocks plummet, pulling Dow lower as Grinch makes home on Wall Street
The Dow Jones Industrial Average is down Thursday as some of the indices’ key stocks nosedive
Micron to cut 10% of workforce, suspend bonuses in 2023
Micron Technology will lay off 10% of its workforce and undergo an aggressive restructuring plan in 2023, citing a "significant supply demand mismatch."
Short sellers were winners gaining nearly $304B as stocks stumbled
Short sellers broke through to bank profits in 2022 as high-fliers in recent years, suffered while markets fell.
Hundreds of workers leaving Tyson Foods as company closes offices: report
Tyson announced a consolidation of offices in October, but hundreds of employees have decided not to relocate.
US stock recovery on Tuesday ‘hardly’ a sign of looming Santa Claus Rally
All three major U.S. benchmarks are trading in the green on Tuesday, but a small recovery is not a sign that a Santa Claus Rally will happen on Wall Street in 2022, expert says.
Bear market likely to last in 2023 as Fed raises interest rates higher
The Federal Reserve is likely to trigger a recession in 2023, further rattling the U.S. stock market and sending equities lower, according to one analyst.
Will a Santa Claus Rally come to Wall Street this year?
A Santa Claus Rally is in doubt after the U.S. Federal Reserve decided to raise interest rates and economic recession looms.
Ford, Chinese firm may build US battery plant: report
Ford may work with a Chinese firm to build and operate a battery plant that would supply parts for its electric vehicles.
Stock market worries, crypto fallout, and doubts of a Santa Claus rally top week ahead
Federal Reserve interest rate hikes, SBF's trial, crypto winter, high inflation, a looming recession, and crime killing retail come like coal in one's stocking.
Third-largest Tesla stock owner says Elon Musk should step down as CEO
Electric car manufacturer Tesla's third-largest individual shareholder KoGuan Leo is demanding that CEO Elon Musk be replaced by the board of directors.
Advent to buy Maxar Technologies for about $4B
The company, whose origins date back to 1957, has 90 satellites in orbit, counts 70 countries among its customers and employs 4,400 people, according to its website.
Monsanto ends Oregon PCB pollution lawsuit with $698M deal
Bayer has reached a $698 million deal with the state of Oregon ending a lawsuit over PCB pollution, larger than any other state settlement over PCB contamination.
Dow plunges in perfect storm for stocks
Investors got a second-day jolt with the economy slowing as prices and interest rates are expected to keep rising. The Federal Reserve hiked rates by 50 basis points on Wednesday.
Warner Bros. Discovery boosts restructuring-cost estimate
Warner Bros. Discovery has increased its estimate on what restructuring costs will be concerning the company's merger.
Traditional retail stocks are kicking Amazon's butt
Consumers are back in shopping centers as traditional retail stocks rebound on Wall Street while outperforming Amazon, Overstock and eBay.
Elon Musk sells $3.58B worth of Tesla shares
Billionaire Elon Musk has sold more shares of the electric car manufacturer, this time 22 million worth $3.58 billion.
Elon Musk makes promise to Tesla shareholders about Twitter
Elon Musk recently made a promise to shareholders of Tesla about his recent Twitter takeover, saying he would "make sure" it benefits them "long-term."
DOJ alleges 8 Americans used social media to make $114M in 'pump and dump' investment scheme
The Department of Justice has indicted eight social media influencers for allegedly utilizing their wide reach to "pump and dump" securities at the cost of investors.


















