No ‘cop on the beat’: Why the SEC may deny new ether ETFs this month
The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether exchange-traded funds next week.But ...
Tag: business news
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
Michael Intrator, CEO of CoreWeave, participates in a CNBC interview on May 9, 2024.CNBCFresh off a $1.1 billion equity funding ...
Media giants lean on sports as Hollywood strikes still loom over content slates
Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas ...
BlackRock funds are ‘crushing shareholder rights,’ says activist Boaz Weinstein
Boaz Weinstein, founder and chief investment officer of Saba Capital Management, during the Bloomberg Invest event in New York, US, ...
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on ...
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla's massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it's cutting ...
China consumption slows as retail sales and investment data disappoint
Pictured here is a BYD factory producing new energy-powered trucks in Huai'an, China, on February 21, 2024.Nurphoto | Nurphoto | ...
Frontier Airlines does away with change fees in budget airline pricing overhaul
A Frontier Airlines plane lands at the McCarran International Airport in Las Vegas on Feb. 27, 2020.Elizabeth Page Brumley | ...
OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it
OpenAI has disbanded its team focused on the long-term risks of artificial intelligence just one year after the company announced ...
Chinese EV maker Xpeng aims to deliver its first flying car in 2026
Xpeng's "Land Aircraft Carrier" vehicle has a flying passenger drone hidden inside the truck. The drone can detach.XPENG AEROHTXpeng AeroHT, ...
