The president took credit for strong job growth and his legislative agenda that’s boosted investment in infrastructure and clean energy projects. Story Published at: February 8, 2023 at 12:42PM Continue Reading…
Biden Makes His Business Case in the State of the Union
ChatGPT Gets Fresh Competition
Google and Baidu are set to introduce their own A.I.-powered chatbots to challenge OpenAI, Microsoft and the rising popularity of ChatGPT. Story Published at: February 7, 2023 at 12:33PM Continue Reading…
Carlyle Taps a Former Goldman Executive to Fill Its Leadership Void
The private equity giant has fallen behind rivals in fundraising in recent months, and its stock has underperformed the broader market. Story Published at: February 6, 2023 at 12:28PM Continue Reading…
Tech Earnings Give a Wake-Up Call to Investors
Apple, Amazon and Alphabet all reported disappointing quarterly results, as they emphasized efforts to cut costs in the face of an economic slowdown. Story Published at: February 3, 2023 at 01:08PM Continue Reading…
Wall Street Has a Lot Riding on the Fed’s Rate Decision
Stocks and bonds are on an impressive run so far this year, driven by hopes the Federal Reserve will slow down, or even pause, its interest rate increases. Story Published at: February 1, 2023 at 01:12PM Continue Reading…
A Short Seller Costs an Indian Giant Billions
The Adani Group, the Indian conglomerate run by Asia’s wealthiest man, has gone on the offensive to fight fraud allegations by an American investor. Story Published at: January 30, 2023 at 01:00PM Continue Reading…
Tesla Bulls Are Back at the Wheel
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures. Story Published at: January 26, 2023 at 12:36PM Continue Reading…
A Short Seller Takes Aim at an Indian Corporate Giant
Hindenburg Research accused the Adani Group of orchestrating the “largest con in corporate history,” sending shares of its companies tumbling on Wednesday. Story Published at: January 25, 2023 at 01:14PM Continue Reading…
Live Nation Faces a Skeptical Senate
The company’s grip on ticket sales, and its move last year to cancel sales for Taylor Swift’s upcoming tour, will be a big focus of an antitrust-focused hearing. Story Published at: January 24, 2023 at 12:44PM Continue Reading…
Activist Investors Are Circling Salesforce
Elliott Management, the $55 billion hedge fund, has taken a big stake in the struggling tech giant, putting more pressure on its co-founder, Marc Benioff. Story Published at: January 23, 2023 at 12:18PM Continue Reading…