Boeing on Tuesday said it logged more cancellations than orders for its 737 Max plane last month, just as carriers are preparing to return the jets to service following two deadly crashes.
U.S. and Brazilian officials last month cleared...
Despite the OPEC+ decision to ease output cuts, oil prices have rallied over the past couple of weeks, supported by vaccine news and the start of vaccination campaigns across the world. Although the OPEC+ decision is seen as a compromise among the major group producers,...
Stitch Fix shares soared Monday, after the company reported a surprise profit and revenue growth of 10% from a year ago.
Its stock was last up more than 33% in after-hours trading.
For its fiscal first...
Goldman Sachs Group Inc has signed a pact to buy out its China joint venture partner to make it the most advanced foreign bank to take full ownership of a mainland securities business.
The process to boost its stake...
Uber’s self-driving unit, Advanced Technologies Group (ATG), is being acquired by its start-up competitor Aurora Innovation, the companies announced Monday.
The deal, expected to close in the first quarter of 2021, values ATG at approximately $4 billion. The unit...
Aptera, the company that shuttered in 2011 after failing to secure funding for its three-wheeled electric car, is back with a new solar electric vehicle it claims never needs charging, at least, for most drivers. And it predicts its top model, with...
China’s official digital currency is now usable in a meaningful way… more or less. Reuters reports that JD.com now accepts digital yuan for some purchases at its site, making it the first online platform to take the virtual money. You’ll need to...
Crude oil production in the United States has been on the rise, topping 10.86 million bpd in September—the highest since May. Still, it’s a lot lower than it was a year ago and likely to remain lower for the observable future. It...
Long-time Wall Street bull Ed Yardeni believes the market’s all-time highs are justified.
Despite a record number of coronavirus cases and concerns surrounding the November jobs report, he maintains a “V”-shaped recovery is underway.
“I really...
For the past week, Bitcoin (BTC) price has been flirting with the $20,000 mark, which has led some traders to lose their patience. In the eyes of some traders, the lack of bullish momentum is problematic, especially considering that BTC tested the...
