Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures, with a key inflation report on tap. The stock market had an up-and-down session Tuesday, with techs closing higher as the Dow Jones lagged. X coinbase (COIN) and UnitySoftware (U) plunged late on weak first-quarter results. COIN stock and Unity […]
In the small town of Richland, Ga., where Sandra James, 36, lives, there is only one grocery store. In the past few months, she has not been able to find specialty baby formula for her 8-month-old son, Kenson, who breaks out in hives and loses his hair when he drinks dairy-based formulas. At first, she […]
Coinbase’s trading volumes fell more than 40 per cent in the first quarter, as its worse than expected earnings and bleak outlook underscored the fallout from the crypto bear market. Shares in the largest US cryptocurrency exchange fell more than 15 per cent in after-hours trading, after the company reported net losses of $430mn, far […]
In an interview Tuesday with CNBC’s Jim Cramer, Upstart Holdings CEO David Girouard sought to downplay investor concerns about the increased loan balance held on the financial technology firm’s balance sheet at the end of its first quarter. Shares of the artificial intelligence lending platform plunged 56.42% Tuesday, closing at $33.61 apiece, one day after […]
Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. US electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units. DingTing | Xinhua News Agency | Getty Images Tesla reduced vehicle production at […]
But both the company and the government knew it was a dicey proposition. In April 2020, a month before the Warp Speed agreement was finalized, FDA inspectors identified problems with quality control at the Baltimore plant, including that “separate or defined areas to prevent contamination or mix-ups are deficient,” according to the House report. Confidential […]
Lufthansa issued on Tuesday an apology after Orthodox Jews complained that all visibly Jewish passengers were thrown off the flight because one group didn’t follow the German carrier’s masking rules. In a video from the incident, a Lufthansa supervisor could be heard saying “everyone has to pay for a couple” and that “it’s Jews coming […]
Stock futures were little changed in overnight trading Tuesday ahead of a key inflation reading. Futures on the Dow Jones Industrial Average shed about 15 points. S&P 500 futures were marginally lower and Nasdaq 100 futures were near flat. The moves come after the Dow fell for a fourth consecutive day Tuesday in a volatile […]
Elon Musk has said he will reverse Twitter’s ban on the former US president Donald Trump if the Tesla boss completes a takeover of the social media platform. Twitter permanently banned Trump in January 2021, citing repeated violations of company rules and his judgment that his tweets were “highly likely to encourage and inspire people […]
LONDON (AP) — Elon Musk said Twitter would reverse its ban of former President Donald Trump if his purchase of the social media company goes through, signaling just how permissive the platform could become toward free speech under his ownership. Speaking virtually at an auto conference, Musk said Tuesday that Twitter’s ban of Trump following […]