Posts with tag: creativity
US stocks rebounded on Wednesday after falling at the open to close higher on the day. Earnings from Alphabet (GOOG, GOOGL) and AMD (AMD) disappointed, but Big Tech received a boost from an increase in Nvidia (NVDA) stock. The tech-heavy Nasdaq Composite (^IXIC) gained 0.2%, while the benchmark S&P 500 (^GSPC) rose 0.4%. The Dow Jones Industrial Average (^DJI) led the gains, rising 0.7%, or over 300 points.
Published on: February 06, 2025, 11:03 AM UTC
Citigroup and Bank of America to Finance Seven & i Holdings Buyout, Adding to Consortium of Banks and Investors
Published on: February 06, 2025, 10:00 AM UTC
Several high-profile confrontations in the first weeks of the Trump administration center around questions of presidential spending authority, potentially setting the stage for a bigger battle to come. At issue is whether a president has the authority to treat spending laws passed by Congress as proposals rather than directives.
Published on: February 06, 2025, 08:03 AM UTC
The fate of a $4 billion settlement for victims of Maui's historic 2023 wildfire hangs in the balance as Hawaii's Supreme Court examines insurance companies' demands for the right to pursue defendants separately.
Published on: February 06, 2025, 07:04 AM UTC
Asian equities rose, buoyed by gains on Wall Street. The yen strengthened amid caution ahead of key events including US jobs data and the UK rate decision. Nomura shares surged on strong earnings.
Published on: February 06, 2025, 04:00 AM UTC
President Trump plans to create a national sovereign wealth fund, modeled after the Alaska Permanent Fund, to finance national priorities like supply chain initiatives.
Published on: February 06, 2025, 12:01 AM UTC
Google and other tech giants are cutting diversity programs amid backlash
Published on: February 05, 2025, 09:01 PM UTC
Toyota stock surges on upbeat guidance, EV unit plans, and China expansion. Quarterly revenue up 2.9% to $80.95 billion, net profit jumps 62%. Full-year profit forecast raised, with plans for a wholly-owned EV unit in Shanghai and expanded US battery production.
Published on: February 05, 2025, 07:03 PM UTC
Assa Abloy raises prices if Trump follows on tariffs with Canada, Mexico; China demand still weak
Published on: February 05, 2025, 01:01 PM UTC
A 10% tariff on imports will cost American consumers $45 billion, adding to inflation fatigue and making them more likely to forego purchases. Trump's tariff policies are fueling concerns about reflation and raising costs for families by up to $2,600 per year.
Published on: February 05, 2025, 06:02 AM UTC