Finance News
Shareholders vote on Nelson Peltz and Bob Iger

Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney shareholders on Wednesday will settle a long-simmering proxy battle led by billionaire investor Nelson Peltz. Voters will decide whether the company’s board deserves another year together, […]

Updated: Apr 3, 2024
Tenacious stock market heads into new quarter aiming to show it’s not beholden to the Fed’s rate plans

If the market were a sport and a game lasted a year (literally, not just figuratively) then the betting apps’ win-probability charts would be skewed way in favor of the bulls at the end of the first quarter. This isn’t simply a function of the score, with the S & P 500 up more than […]

Updated: Apr 1, 2024
Pope skips Good Friday event to preserve health ahead of Easter, Vatican says

Pope Francis skipped the traditional Good Friday procession at Rome’s Colosseum to protect his health, the Vatican said, making a last-minute decision that added to concerns about his frail condition during a particularly busy period. Francis had been expected to preside over the Way of the Cross procession, which re-enacts Christ’s Passion and crucifixion, and composed the […]

Updated: Mar 30, 2024
China lifts tariffs on Australian wine, ends three-year freeze in trade

Hand-picked grapes at the Billanook Estate vineyard in Chirnside Park, Victoria, Australia, on March 18, 2024.  Bloomberg | Bloomberg | Getty Images China will lift anti-dumping and anti-subsidy tariffs on Australian wine from March 29, the Chinese commerce ministry said on Thursday, ending three years of punitive levies and offering long-awaited relief to Australian wine […]

Updated: Mar 28, 2024
Major bridge in Baltimore collapses after being struck by ship

Baltimore’s Francis Scott Key Bridge partially collapsed in the early hours of Tuesday morning following a ship collision, local authorities said. The bridge carries Route 695 across the Patapsco River, southeast of the Baltimore metropolitan area. The incident took place at 1:35 a.m. local time on Tuesday, and workers may have fallen into the water, […]

Updated: Mar 26, 2024
Biden signs $1.2 trillion spending package

U.S. President Joe Biden and Vice President Kamala Harris meet with (L-R) Senate Minority Leader Mitch McConnell (R-KY), House Speaker Mike Johnson (R-LA), Senate Majority Leader Chuck Schumer (D-NY), House Minority Leader Hakeem Jeffries (D-NY), on February 27, 2024 at the White House in Washington, DC. Roberto Schmidt | Getty Images President Joe Biden on […]

Updated: Mar 23, 2024
Falling fertility rates pose major challenges for the global economy

Terry Vine | Getty Images Falling fertility rates are set to spark a transformational demographic shift over the next 25 years, with major implications for the global economy, according to a new study. By 2050, three-quarters of countries are forecast to fall below the population replacement birth rate of 2.1 babies per female, research published […]

Updated: Mar 22, 2024
Intel awarded up to $8.5 billion from CHIPS Act, with loans available

U.S. President Joe Biden listens to Intel CEO Pat Gelsinger as he attends the groundbreaking of the new Intel semiconductor manufacturing facility in New Albany, Ohio, U.S., September 9, 2022. Joshua Roberts | Reuters The White House said Intel has been awarded up to $8.5 billion in CHIPS Act funding, as the Biden administration ramps […]

Updated: Mar 20, 2024
Saudi Arabia wealth fund in talks to acquire national airline Saudia: Report

Boeing 787 Dreamliner Saudi Arabian. Aircraft to Fiumicino Leonardo da Vinci Airport. Fiumicino (Italia), Nov. 11, 2021 Massimo Insabato/Archivio Massimo Insabato/Mondadori Portfolio via Getty Images Saudi Arabia’s behemoth sovereign wealth fund is in talks to buy the kingdom’s national airline Saudia, Bloomberg reported over the weekend, citing people familiar with the matter. The reported move […]

Updated: Mar 18, 2024
HashiCorp shares jump on report that company is considering a sale

HashiCorp at the Nasdaq market site, December 9, 2021. Source: Nasdaq HashiCorp shares jumped 12% in extended trading on Friday after Bloomberg reported the software developer was considering a sale. The company has engaged an outside firm to explore interest from potential buyers, Bloomberg said, citing unnamed sources. A company representative didn’t immediately respond to […]

Updated: Mar 15, 2024