Most Read

How the A.I. explosion could save the market and maybe the economy

Whether it’s personalized shopping or self-driving cars, AI will become a factor in virtually everyone’s lives.

JPMorgan CEO Jamie Dimon says other bank exec could have booted Epstein as customer

JPMorgan Chase CEO Jamie Dimon answered questions for lawsuits accusing the bank of enabling and benefiting from sex trafficking by Jeffrey Epstein.

TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.

GetYourGuide said it has raised $194 million of equity and debt financing from investors including UniCredit, Blue Pool Capital and KKR.


Recent News

Salesforce raises guidance but sees pressure as customers back away from big consulting deals

Salesforce raised its full-year guidance and reported an earnings and revenue beat, but capital costs were higher than expected.

JPMorgan CEO Jamie Dimon says other bank exec could have booted Epstein as customer

JPMorgan Chase CEO Jamie Dimon answered questions for lawsuits accusing the bank of enabling and benefiting from sex trafficking by Jeffrey Epstein.

Nordstrom tops Wall Street’s first-quarter sales expectations, even as shoppers spend less

The high-end department store reaffirmed its full-year outlook and posted a surprise profit on an adjusted basis.

Dollar General shareholders pass proposal to improve worker safety

A shareholder proposal to improve worker safety at Dollar General by conducting an independent audit passed during the retailer’s annual meeting Wednesday.


Trading

Bitcoin falls ahead of debt ceiling vote, caps its first losing month of the year

Bitcoin fell Wednesday to cap its first down month of 2023 as optimism around the debt ceiling rally fizzled.

China’s Oppo debuts ‘mixed reality’ headset as Apple, Microsoft explore similar devices

Oppo joins companies including Microsoft and Apple in exploring mixed reality and augmented reality headsets.

Elon Musk’s visit underscores China’s importance to global EV market, analysts say

Elon Musk’s visit to Beijing is spotlighting China’s place in the global electric vehicle markets.


World News

Nigeria’s new president vows to deliver economic reboot as he inherits ‘a broken country’

New Nigerian President Bola Ahmed Tinubu faces the tough task of injecting stability into a society and economy in crisis.

Elon Musk is the world’s richest person again

Tesla CEO Elon Musk is the world’s richest person again, after shares of the U.S. electric carmaker rose 26% in the past month.

Singapore PM Lee tests positive for Covid again in rebound case, says he feels fine

Singapore Prime Minister Lee Hsien Loong has tested positive again for Covid-19 a week and a half after his initial diagnosis.


Business

EV maker Lucid announces $3 billion raise from Saudi public wealth fund and stock offering

Lucid is raising $3 billion via a secondary stock offering, including about $1.8 billion from the Saudi fund that controls the automaker.

This startup wants to curb fast fashion by helping you rent out your closet

The startup By Rotation aims to end the fast-fashion market and challenge clothing rental competitors by helping users rent out their own closets.

Nordstrom tops Wall Street’s first-quarter sales expectations, even as shoppers spend less

The high-end department store reaffirmed its full-year outlook and posted a surprise profit on an adjusted basis.