Volkswagen AG has contacted other carmakers for “minor” deals to help the automaker meet emission requirements in the US and China, according to Bloomberg. CEO Herbert Diess is confident of…
Uber reported that its gross bookings rose 24% year over year in the first quarter to a record $19.5 billion, according to the company’s press release. Sustained expansion in the…
New York Times recorded a revenue of $473.0 million in Q121, a 6.6% jump from the Q120, according to the company’s press release. For the core news offering, the company…
U.S Services PMI in April was 62.7%, 1 percentage point lower than March’s record high of 63.7%, according to the Institute of Supply Management press release. The April reading was…
U.S private sector employment jumped by 742,000 jobs in April from March, according to the ADP National Employment Report press release. The job adds were the strongest since September 2020…
WallStreetBets forum members were targeted in a cryptocurrency scam exposing them to more than $2 million in losses, according to Bloomberg. Under Telegram account, “WallStreetBets-Crypto Pumps,” users were asked to…
General Motors Co. reported a revenue of $32.5 billion in Q121, down from $32.7 billion in the same quarter of 2020, according to the company’s press release. The company remains…
Galaxy Digital Holdings Ltd. seeks to buy BitGo Inc. for a record $1.2 Billion, according to The Wall Street Journal. The deal is the first valued over $1 billion in…
There is no certainty on whether the U.S will raise interest rates should President Biden’s $4 trillion spending plan be passed, according to The Wall Street Journal. The comments by…
The U.S Commerce Department wants Taiwan Semiconductor Manufacturing Co. to prioritize American automakers in chip supply, according to CNBC. Commerce Secretary Gina Raimondo also wants the U.S to heighten investment…
Corn prices are now at an eight year high of $7.56 per bushel after surging about 142% in the last year. According to MarketsInsider, the prices have been fueled by…
Investments into the ETF industry is projected to increase in future as wealthy Americans seek to limit their looming capital gains taxes, according to Bloomberg. ETFs are considered to be…