American Airlines boosts profit outlook on record travel
American Airlines now said it expects an adjusted profit of $3 to $3.75 per share for 2023 compared with its prior outlook of $2.50 to $3.50 per share.
Investors still bearish on US economy amid slowdown fears
A Bank of America survey indicated fund managers remain bearish about the state of the U.S. economy, even as stock markets continue to march higher.
BlackRock gives proxy vote to retail investors of its biggest ETF
On Monday, BlackRock announced that U.S. retail investors of its largest exchange-traded fund will now have an opportunity to cast a proxy vote in the 2024 voting season.
Amazon to invest $7.8B more in Ohio to boost data center operations
Amazon will increase its data center operations in Ohio as part of a massive new investment in the Midwestern state by the company's cloud-computing segment.
Supreme Court rules in favor of Coinbase in arbitration clash
The U.S. Supreme Court on Friday ruled in favor of Coinbase's efforts to stop customer lawsuits while appealing to move the proceedings out of courts and into private arbitration.
Warren Buffett's Berkshire Hathaway increasing stakes in Japan trading firms
Berkshire Hathaway wholly- owned subsidiary National Indemnity Company is raising its stake in five Japanese trading firms, the company announced on Monday.
AI stock picks, leaders, laggards
David Keller, chief market strategist at StockCharts.com, pinpointed some of the AI leaders as well as those trailing behind.
North Carolina bill banning ESG in hiring, investment sent to governor’s desk
The North Carolina Senate sent a bill banning the consideration of environmental, social and governance scores in state hiring and investment decisions to the governor's desk.
China is rolling out the red carpet for US CEOs
Tesla CEO Elon Musk and JPMorgan CEO Jamie Dimon are just of several high-profile American business leaders that have recently visited China as the country aims to lure foreign investment.
Coinbase needs new CEO after SEC fail: Kevin O'Leary
Investor and Shark Tank star Kevin O’Leary says he’d get rid of Coinbase CEO Brian Armstrong and find someone willing to work with the Securities and Exchange Commission.
Binance, Coinbase CEOs' fortunes take hit after SEC crypto lawsuits
Binance CEO Changpeng Zhao and Coinbase Chief Executive Brian Armstrong have lost money since the SEC filed lawsuits against both companies earlier this week.
SEC sues Coinbase, says crypto exchange never registered as a broker
The SEC is suing Coinbase Inc., accusing the cryptocurrency exchange of never registering with the regulator and for operating as an unregistered broker.
Sequoia Capital splits China, India businesses into separate entities
Sequoia Capital is splitting its China, India and Southeast Asia and U.S. and Europe businesses into three different entities, the company announced Tuesday.
BlackRock CEO slammed for 'force behaviors' comment after 2017 interview re-emerges about DEI initiatives
Twitter users are blasting BlackRock CEO Larry Fink for his 2017 comments admitting his firm would "force behaviors" on diversity.
Elon Musk’s brain implant company Neuralink worth $5B: Report
Elon Musk’s brain implant company Neuralink is reportedly valued at $5 billion. The startup was founded in 2016 and was worth $2 billion in a fundraising round two years ago.
Twitter's market value has fallen to one-third of Elon Musk's purchase price: Fidelity
A financial filing from Fidelity, which helped Elon Musk's investor group take over Twitter, reveals its valuation of Twitter is just one-third of the $44 billion it paid.
Sam Zell, billionaire real estate mogul, dies at 81
Billionaire real estate mogul Sam Zell died Thursday at age 81 after a career spanning 50 years. He founded Equity Residential in 1968 and was an active philanthropist.
Beer, bikinis, and backlash: Head of non-woke marketplace calls out Miller Lite for latest feminist ad
The founder and CEO of a growing network of businesses bucking the corporate trend toward left-wing advocacy is calling out Miller Lite for its latest ad.
OpenAI CEO Sam Altman raises $100M for Worldcoin crypto project, which uses 'Orb' to scan your eye: report
OpenAI CEO Sam Altman has reportedly raised nearly $100 million for his cryptocurrency project, Worldcoin, which aims to be the first globally adopted digital coin.
Binance.US says no deal to Voyager Digital
The cryptocurrency exchange Binance.US has canceled a deal to purchase the bankrupt crypto exchange Voyager Digital for $1.3 billion.