Tesla shares
Downside investors have made $15bn since the start of the year on Tesla's plunge, according to MarketWatch.
New research shows that downside sellers have made $15 billion this year by betting that Tesla stock will fall as about $800 bi...
Competition in the digital advertising market
Alphabet and Meta have lost their edge in the digital advertising market due to growing competition from Amazon, TikTok, Microsoft and Apple. The Fi...
The Oscar 2023
The American Academy of Motion Picture Arts on Wednesday unveiled a shortlist of contenders for the Oscar in 10 categories.
A total of 15 films were shortlisted in this category out of 144 eligible documentaries, of which only five w...
The value of media groups
The combined market value of the largest media and entertainment conglomerates has fallen by more than $0.5 trillion this year as a result of falling share prices. This was reported by the Financial Times (FT).
Media, whic...
TikTok for government
A provision banning US government employees from using the social networking app TikTok on work devices has been included in the US government's fiscal 2023 funding bill.
According to the bill published on ...
A deal between two companies
L3Harris has announced a $4.7bn agreement to acquire rocket engine specialist Aerojet Rocketdyne.
The company notes that the acquisition of the rocket engine manufacturer will allow it to "...
Donations to politicians
Federal prosecutors in New York are gathering information regarding donations made by Sam Bankman-Fried, founder and former CEO of bankrupt cryptocurrency exchange FTX, to US politicians. This was reported by The New Yo...
Stocks before Fed decision
US stock indices moved higher in early trading on Wednesday as market participants await the results of the Federal Reserve's December meeting.
The Dow Jones Industrial Average index was up 199.86 points (0.59%) at 34,308...
FTX collapse
The world's largest cryptocurrency exchange, Binance, has suspended USDC digital currency withdrawals from customer accounts due to growing investor concerns amid the bankruptcy of the FTX exchange. Th...
US recession
The US may be able to avoid a recession despite an interest rate hike by the Federal Reserve. Agustin Carstens, general manager of Bank for International Settlements (BIS), expressed this view.
"The latest US labour market and business...
Greenwashing campaign
Major oil companies have engaged in a "long-term greenwashing campaign" while making "record profits at the expense of American consumers", as the Democrat-led House Oversight Committee found after a year-lo...
Strike in New York
More than 1,100 of The New York Times' 1,800 employees will take part in a day-long strike on Thursday, 8 December, protesting a long lack of agreement between the union and the publica...
Searches at Donald Trump's golf club
Lawyers for former US President Donald Trump have been ordered by a judge in recent weeks to check properties owned by him in New York and New Jersey for any additional secret documents from his presidency t...
Apple's manufacturing in China
Apple has accelerated plans in recent weeks to move some of its manufacturing out of China. This was reported by The Wall Street Journal.
The Wall Street Journal said ...
Stock market trades
The US stock market ended Friday's trading multidirectional. The market is performing on the back of negative momentum from the oil and gas, technology and utilities sectors.
At the close on the New York Stock Exchange the Dow J...
There will be no strikes
US President Joe Biden on Friday signed into law legislation approved by both chambers of the US Congress that would prevent railway workers from going on strike.
The initiative would...
People of the Year
American singer Billie Eilish, described as the "voice of a generation", British Prince Harry's wife, the Duchess of Sussex Meghan Markle, and retired tennis player Serena Williams have been named among the 25 most powerful women ...
FTX exchange founder's fortune
Sam Bankman-Fried, founder of cryptocurrency exchange FTX, which is going through bankruptcy proceedings, said he only had $100k left in his bank account, although his fortune was once valued at $26.5bn....
Kevin Spacey returns
Actor Kevin Spacey has signed a contract to star in a new film, which will be his first job since his sexual harassment lawsuits began.
Spacey will play a voice-over role in 'Control', directed by Gene Fallaize. Filming has alr...
The investigation against Donald Trump
Former US President Donald Trump has claimed that the US Department of Justice is corrupt and selective in its investigations. Trump published a post to this effect on Sunday on his Truth Social network.
"The ...
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