Business

659 articles published

Suri Cruise Legally Changes Last Name to Noelle at Age 20

The Carnegie Mellon University student adopted her mother Katie Holmes's middle name as her new surname.

Ford Raises Full-Year Earnings Forecast After Strong Second Quarter Results

The automaker beat Wall Street earnings expectations and posted adjusted earnings of 42 cents per share against an expected 35 cents.

7m ago

Global Chip Stocks Plunge as China Competition Fears and AI Funding Concerns Collide

South Korea's KOSPI fell more than 10% and triggered a circuit breaker Tuesday after reports of Chinese domestic chipmaking advances rattled investors worldwide.

12h ago

Iran Holds Regional Talks on Strait of Hormuz as U.S. Ceasefire Holds

Oman presented Iran with a Gulf-backed plan featuring voluntary ship fees rather than the mandatory tolls Tehran had sought to impose on the strategic waterway.

12h ago

Coca-Cola Raises Full-Year Guidance After Diet Coke and Coke Zero Drive Volume Surge

Global unit case volume grew 5% in the second quarter, led by a 16% jump in Coke Zero Sugar, as the company also disclosed a ransomware attack at its Fairlife facilities last week.

12h ago

Boeing Reports Wider Loss Than Expected But Revenue Beats Wall Street

A $280 million charge on the long-delayed Air Force One program pushed the aircraft maker's adjusted loss to 76 cents per share, more than double what analysts had forecast.

12h ago

Jim Cramer Says Nvidia's AI Financing Deals Echo Dot-Com Era Excess

Cramer pointed specifically to a reported $250 billion Nvidia backstop for an OpenAI data center campus in Ohio as a sign of circular financing risk.

1d ago

Trump Administration Asks Supreme Court to Allow Mail-In Voting Restrictions

The emergency request came 99 days before the November midterm elections, after a federal appeals court left a block on key parts of Trump's March executive order in place.

1d ago

Netflix Executive Sues After Ketamine Therapy Disclosure Gets Him Fired

Kevin Baillie, who earned $1.1 million annually as head of creative at Eyeline Studios, says he revealed his treatment during a company-mandated trust exercise.

1d ago

Five Dividend Kings Have Raised Payouts Every Year for Fifty Years or More

The 57 companies that qualify as Dividend Kings survived Black Monday's 22% single-day Dow crash in 1987 and every major market downturn since.

2d ago

Intel Gains Favor as GPU-to-CPU Ratio Shifts Inside Data Centers

Intel CEO Lip-Bu Tan told investors last week that the ratio of Nvidia GPUs to CPUs has flipped from four-to-one to one-to-one, with four CPUs per GPU expected next.

2d ago

Oracle Stock Hits 52-Week Low as Customer Risk Clouds Debt Load

The cloud infrastructure company's stock is down 62% from its all-time high, even as its order backlog jumped 363% to a record $638 billion.

2d ago