Industry

General Motors Stock Jumps 10% as the Automaker Announces $10 Billion Buyback, Dividend Hike

General Motors Stock Jumps 10% as the Automaker Announces $10 Billion Buyback, Dividend Hike

General Motors (GM) has unveiled a $10 billion accelerated share repurchase program and reinstated its 2023 earnings guidance.


SoFI Is Exiting the Crypto World — Here Are the 3 Best Alternatives for Trading Crypto

SoFi Invest is exiting the cryptocurrency world amid increased regulatory scrutiny. SoFi Invest is exiting the cryptocurrency world amid increased regulatory scrutiny.

Spirit Airlines Offers Early Departure Packages to Salaried Employees: Here's Why

Spirit Airlines is offering early departure packages to salaried employees. Amid ongoing financial challenges, Spirit Airlines is offering voluntary exit packages to salaried employees to salaried employees, marking the latest cost-cutting strategy by the budget carrier.

Elon Musk's Neuralink Raises Another $43 Million as It Gears up for Human Trials

Elon Musk's Neuralink, a company focused on developing brain implant technology, has secured an additional $43 million in funding.


Latest News

Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach
Chinese-founded fast-fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States (US).
Joe Biden Slams Corporations Over Soaring Consumer Prices, Says 'It’s Time to Stop the Price-Gouging'
President Joe Biden has criticized corporations for maintaining high consumer prices despite a slowdown in the rate of inflation.
Alibaba Co-Founder Jack Ma, the Chinese Tech's Poster Boy, Moves Into Food Business
Alibaba co-founder Jack Ma, a longstanding figure in China's technology sector, is diversifying his business ventures into the food industry with the establishment of a new company, "Hangzhou Ma's Kitchen Food."
CHINA-TECHNOLOGY-AI-CONFERENCE
Amid the escalating trade tensions between the United States and China, the impact of the US chip export ban is reportedly taking a toll on Chinese artificial intelligence (AI) startups.
Airplane Flight
Airlines are adopting new strategies to streamline operations and reduce costs in the highly time-sensitive world of air travel.
Goldman Sachs Identifies 2 Healthcare Stocks With up to 130% Upside Potential
Goldman Sachs has identified two healthcare stocks with the potential for substantial gains, reaching up to 130%.
Binance Founder Changpeng Zhao Apologizes, Accepts 'Full Responsibility' in Letter to Judge Ahead of Sentencing
Binance is grappling with substantial outflows totaling over $1 billion following the exit of its founder and CEO, Changpeng Zhao.
Black Friday Sales in Trouble? US Retailers Strike Cautious Tone as Holiday Shopping Outlook Looks Gloomy
With gloomy holiday forecasts from retailers, a wave of caution fills the Black Friday shopping air.
Disney is looking up at the stars on "Wish" to regain its theatrical success in the post-pandemic cinematic realm.
Turkey Prices Drop, Making Thanksgiving Dinner Cheaper This Year, Says American Farm Bureau Federation
The traditional Thanksgiving gathering is poised to become more accessible to households nationwide as the American Farm Bureau Federation reported a downward trajectory in turkey prices.
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