ADVERTISEMENT
Cocoa’s rally has soared past all major commodities in 2024, and there’s little sign the tight supply and fragile trading landscape that prompted its near-vertical trajectory are in for a fast fix.
Boeing Co. Chief Information Officer Susan Doniz is leaving the company, Chief Executive Officer Kelly Ortberg told employees in a memo on Friday.
Alphabet Inc.’s Google called a US Justice Department plan to force it to sell its web browser “extreme” and at odds with the law, urging a federal court judge to take caution lest he stifle innovation and future investment.
The world’s biggest stablecoin issuer, Tether Holdings Ltd., is on track to close the year with more than $10 billion in net profits, Chief Executive Officer Paolo Ardoino said in an interview.
Tai Mo Shan Ltd., part of Jump Trading’s crypto unit, agreed to pay $123 million to settle a US regulator’s claims it misled investors about the stability of the TerraUSD algorithmic stablecoin.
Cryptocurrency companies are adding to their financial support for Donald Trump by pledging to donate to the president-elect’s inaugural committee.
Eli Lilly & Co.’s weight-loss shot Zepbound won approval in the US as the first drug to treat sleep apnea, opening the door for broader insurance coverage of the blockbuster medicine.
Qualcomm Inc. prevailed at trial against Arm Holdings Plc’s claim that it breached a license for chip technology that the world’s largest maker of mobile-phone processors acquired when it bought a startup in 2021.
A month ago, all anyone in markets could talk about was Donald Trump and how his blueprint for the US economy would sow growth, next year and beyond.
Auto sales around the world are expected to grow marginally next year on increased supplies of vehicles, but production levels are likely to fall as carmakers seek to rein in inventory levels, according to S&P Global Mobility estimates.
Anthony Scaramucci, founder and managing partner of the hedge fund SkyBridge Capital, says that all the hand-wringing about the massive Bitcoin purchases and debt being taken on by Michael Saylor’s MicroStrategy Inc. is overblown.
A veteran technology analyst says the dissemination of artificial intelligence (AI) technology is just getting started, and that this week’s selloff of tech stocks presents investors with an attractive buying opportunity.
A group of investors in Uber Technologies Inc. is calling on the ride-hailing service to disclose more information on how it pays drivers, saying a clearer breakdown is critical to assessing the company’s ability to make money.
Novo Nordisk A/S’s failure to meet its own bar for success on a next-generation obesity shot shows the danger of promising too much in the cut-throat market for weight-loss drugs.
The new AI system, called o3, is expected to launch early next year.
Texas Instruments Inc. signed a final agreement for $1.6 billion in government grants to support construction of new semiconductor plants in the US, cementing another major part of the Biden administrations’ Chips Act initiative.
