Finance News
Oil refinery in Russia region damaged in Ukraine drone attack: Authorities

Slavyansk oil refinery in Russia’s Krasnodar region was damaged in a Ukraine drone attack, local authorities said on Saturday. There were a total of nine attacks on the tank farm and distillation column, Roman Siniagovskyi, head of the Slavyansk administrative district, said on Telegram. “The tank farm was not damaged due to the organized protection […]

Updated: Apr 27, 2024
Buy stocks Thursday like Meta

Here are Thursday’s biggest calls on Wall Street: KeyBanc upgrades Sherwin-Williams to overweight from sector weight Key said investors should buy the dip in shares of the paint company. ” SHW: Upgrading to Overweight on Share Gains, Cycle Bottom, and Strong Incremental Margins.” Bernstein initiates General Motors as outperform Bernstein says shares of GM have […]

Updated: Apr 25, 2024
Walmart-backed fintech One introduces buy now, pay later

Customers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida. Joe Raedle | Getty Images News | Getty Images Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. stores, CNBC has learned. The move puts […]

Updated: Apr 23, 2024
Cricket, big business in India, brings star power to US with world cup

USA Cricket Vice-Captain Aaron Jones poses next to a giant cricket ball, installed at a marketplace to mark 100 days to go for the ICC Men’s T20 World Cup, in Miami, Florida, on Feb. 22, 2024. Chandan Khanna | Afp | Getty Images A major cricket world cup is coming to U.S. soil for the […]

Updated: Apr 21, 2024
5 things to know before the stock market opens Friday, April 19

Here are the most important news items that investors need to start their trading day: 1. On edge 2. New Netflix focus In an aerial view, the Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty Images Netflix is making a big change to […]

Updated: Apr 19, 2024
Eli Lilly weight loss drug Zepbound effective in sleep apnea trials

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023.  Brendan McDermid | Reuters Eli Lilly on Wednesday said its highly popular weight loss drug Zepbound showed the potential to treat patients with the most common sleep-related breathing disorder in two late-stage clinical trials. The […]

Updated: Apr 17, 2024
World leaders react to Iran’s unprecedented air assault against Israel

A view of anti-Israel banners and posters placed on building walls in the capital city of Tehran after Iran launched drones, missiles on Israel in response to April 1 attack on consulate in Syria on April 14, 2024. Anadolu | Anadolu | Getty Images World leaders have called for calm in the aftermath of Iran’s […]

Updated: Apr 15, 2024
Tesla cuts price FSD premium driver assistance option by half in U.S.

Drivers charge their Teslas in Fountain Valley, CA, on Wednesday, March 20, 2024. Jeff Gritchen | Medianews Group | Getty Images Tesla said on Friday that it’s cutting the subscription price of its premium driver assistance system for customers in the U.S. Marketed as its Full Self-Driving, or FSD, package, Tesla customers will now pay […]

Updated: Apr 12, 2024
Amazon CEO Andy Jassy says he’s committed to cost cutting while investing in AI in shareholder letter

Amazon CEO Andy Jassy on Thursday published his annual shareholder letter, where he pledged to keep looking for ways to keep costs in check even as the company doubles down on investing in new growth areas like artificial intelligence. “I think every one of us at Amazon believes that we have a long way to […]

Updated: Apr 11, 2024
Abrdn CIO slams jabs at company’s rebranded name

The abrdn Plc office at St Andrew Square in Edinburgh, U.K. on Thursday, Nov. 11, 2021. Jonne Roriz | Bloomberg | Getty Images The press making jabs at the current name of asset manager Abrdn, which was rebranded from ‘Standard Life Aberdeen’, amounts to “corporate bullying,” the firm’s chief investment officer Peter Branner said. The […]

Updated: Apr 9, 2024