Business News
Tim Walz and J.D. Vance are both Diet Mountain Dew fans. Here's why that could hurt the brand.
Market Watch - 6 Aug 2024 23:53Boeing to face questions from US investigators on 737 Max panel blowout
The Guardian - 6 Aug 2024 16:07
Two-day hearing could provide new insight into accident, which left a hole in the side of an Alaska Airlines jet Investigators will question Boeing officials during a hearing starting on Tuesday about the midflight blowo...
A new balance between private credit and syndicated loans is coming
American Banker - 6 Aug 2024 16:00
The resurgence of the syndicated loan market signals a pendulum swing back to greater reliance by debt issuers on traditional bank financing.
Uber's stock rises after earnings as CEO cheers resilience of the customer base
Market Watch - 6 Aug 2024 15:15Uber Says It Will Make More Than $1B in Ad Revenue This Year
AdWeek - 6 Aug 2024 14:10
Uber expects to be ahead of its goal to make advertising a billion-dollar business this year. Uber Advertising's annual revenue run rate--a metric that estimates how much it will make this year based on results so far--s...
Uber Ads just became a $1 billion business — and it has plenty of room to grow
Business Insider - 6 Aug 2024 14:06US Bitcoin, Ethereum ETFs hit $6B volume amid market rout
Coin Telegraph - 6 Aug 2024 02:42
Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs.
Wharton Professor Calls for Emergency Rate Cut Following Market Downturn
Bitcoin.com - 6 Aug 2024 02:30
Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point cut in the fed funds rate following a market downturn. He emphasized the necessity of this cut and suggested another rate...
Lucid gets $1.5 billion lifeline from Saudi Arabia, Wall Street cheers 'liquidity cushion'
Market Watch - 6 Aug 2024 02:13Samsung starts mass production for memory chips for on-device AI
Venture Beat - 6 Aug 2024 01:00
Aiming to meet rising demand for on-device AI, Samsung has begun mass production for the industry's thinnest DRAM chips.
CrowdStrike, AMD among the rare S&P 500 gainers in a sea of red
Market Watch - 6 Aug 2024 00:37Bitcoin, crypto shares plunge as investors pull back on risky stocks amid recession fears
New York Post - 6 Aug 2024 00:33
The drop in Bitcoin and crypto shares was a sharp turnaround from the Trump-related high crypto was riding after the former president's speech at the 2024 Bitcoin Conference.
Jeff Bezos loses $23B as Wall Street meltdown slams world's richest people
New York Post - 6 Aug 2024 00:15
Shares tumbled on Friday amid growing fears of a US recession after the Federal Reserve failed to issue interest rate cuts.
Airbnb's warning on U.S. demand 'will likely only further stoke the soft-consumer thesis,' analyst says
Market Watch - 6 Aug 2024 23:53Tripadvisor unveils mixed quarter, with 1% revenue growth, and stock drops 13%
Market Watch - 6 Aug 2024 23:46Rivian's quarterly loss balloons, but EV maker says gross profit is within sight
Market Watch - 6 Aug 2024 23:42OpenAI's meltdown: Inside the summer that could redefine artificial intelligence
Venture Beat - 6 Aug 2024 22:22
OpenAI's summer of turmoil: Key executives depart, lawsuits loom, and competition intensifies as the AI giant faces unprecedented challenges in a rapidly evolving tech landscape.
Tech workers who adopt a "wait and see" approach to AI will be left behind in the jobs race
Venture Beat - 6 Aug 2024 21:43
For workers fear being left behind and worry their current skillset will soon become obsolete, there are several courses of action to take.
As inflation bites, parents are borrowing more than ever to pay for college
Market Watch - 6 Aug 2024 21:41Galaxy Quest joins the Star Trek universe via mobile game Fleet Command
Venture Beat - 6 Aug 2024 18:02
A film parodying Star Trek is now an official part of the franchise, thanks to a mobile game.
No More Robots and RageSquid reveal Descenders Next extreme sports title
Venture Beat - 6 Aug 2024 17:00
No More Robots and RageSquid revealed Descenders Next, the long-anticipated sequel to downhill biking hit Descenders.
Watch: OpenAI-backed Figure shows off next-gen 'self-correcting' humanoid robot
Venture Beat - 6 Aug 2024 16:42
The 2.25 KWh battery pack housed in Figure 02's torso ensures it delivers 50% more power than its predecessor and runs for 20 hours every day.