Posts with tag: innovation
Nikola's bankruptcy puts SEC at the top of the list of unsecured creditors with an $80 million claim, but the agency's chances of full repayment are uncertain in the Chapter 11 proceedings.
Published on: February 20, 2025, 06:04 PM UTC
Mexico's central bank vows continued monetary easing despite US tariff uncertainty; minutes show potential for further rate cuts in March.
Published on: February 20, 2025, 06:04 PM UTC
Eli Lilly Prepares for Weight-Loss Drug Launch by Recording $550 Million in Pre-Launch Inventory
Published on: February 20, 2025, 06:01 PM UTC
The Trump administration is reviewing whether to rescind $4 billion awarded to California's High-Speed Rail project, which has seen its costs rise sharply.
Published on: February 20, 2025, 06:00 PM UTC
US stocks retreated on Thursday as investors digested Walmart's earnings report and remained cautious amid President Trump's planned tariffs and policy shifts.
Published on: February 20, 2025, 05:03 PM UTC
CEO Confidence Hits Three-Year High Amid Positive Business Outlook, Survey Finds
Published on: February 20, 2025, 05:02 PM UTC
Gerdau may expand US steel output instead of building new Mexico plant, CEO says amid Trump tariffs
Published on: February 20, 2025, 04:03 PM UTC
Alibaba's stock surges 13% after strong earnings beat and AI push. The Chinese tech giant reported better-than-expected quarterly results and highlighted an aggressive investment in artificial intelligence. Alibaba's AI-related product revenue has seen triple-digit growth for six consecutive quarters.
Published on: February 20, 2025, 04:02 PM UTC
US stocks fell as investors digested Walmart earnings and upcoming policy shifts, including planned tariffs and military spending cuts.
Published on: February 20, 2025, 04:02 PM UTC
The US SEC is closing down its crypto enforcement unit and replacing it with a broader cyber-fraud team. The new unit will focus on fraud involving social media, AI, machine learning, and blockchain. The change signals a shift in the SEC's approach to digital assets.
Published on: February 20, 2025, 04:00 PM UTC