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Investing
Tesla warns Wall Street it may grow slower this year
Tesla Inc. entered its earnings day under a cloud, and some of what investors had feared played out on Wednesday as the EV maker warned it may grow slower…
Wall Street firm hit by cyberattack that has knocked systems offline
EquiLend, a Wall Street firm that processes trillions of dollars of securities transactions a month, was hit by a cyberattack that has knocked…
FAA halts production expansion of Boeing’s Max jets — but clears inspection process to resume Max 9 flights
The Federal Aviation Administration on Wednesday said it would not allow Boeing Co. to expand production of its Max airplanes after an in-flight blowout this…
Sri Lanka passes controversial bill to regulate online content
Sri Lanka’s lawmakers passed a bill on Wednesday regulating internet use among its citizens, in a move that has sparked fears among rights…
ServiceNow’s stock dips despite strong subscription sales, revenue jump as AI products gain hold
ServiceNow Inc.’s stock retreated 1% in after-hours trading Wednesday, after the company reported a quarterly bounce in revenue on strong subscription sales.…
House demands UPenn turn over trove of documents in antisemitism investigation
A House committee sent a letter to the University of Pennsylvania on Wednesday demanding the school turn over documents related to an…
Bitcoin is down 20% in wake of a new breed of ETFs. Why prices could still set records this year.
Bitcoin has fallen almost 20% in the past two weeks, when a new breed of U.S. exchange-traded funds debuted that invest in the cryptocurrency. Some analysts…
China takes delivery of Boeing 737 Max in show of support for troubled plane maker
Boeing has delivered its first 737 Max to a Chinese airline for the first time in nearly five years, according to flight data, in a rare spot…
Hedge-fund bond star Greg Lippmann readies next big bet on commercial-property debt shunned by others
Greg Lippmann, a central figure in “The Big Short,” Michael Lewis’s book about Wall Street’s role in the subprime-mortgage crisis, is readying his next big trade, this time on…
CosMc’s first location had twice as much traffic last month than a typical McDonald’s
McDonald’s new trendy beverage-led spinoff CosMc’s is pulling in younger customers at a faster clip than a typical Mickey D’s with Big Macs…