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Investing
The world’s richest man remains desperate for our attention
Elon Musk desperately wants to be liked, despite his pronouncement Wednesday that he doesn’t mind being hated. “Hate away,” he told Andrew…
Red Lobster’s $20 shrimp deal worked too well
Sometimes promotions can work too well. That’s the case at Red Lobster, which is 36% owned by Thai Union Group
TU,
-1.34%…
Saudi Arabia extends 1 million barrel-a-day cut to oil output
Saudi Arabia, the world’s biggest exporter of crude oil, will extend a voluntary production cut of 1 million barrels per day of oil —…
ImmunoGen’s stock rockets to 23-year high after AbbVie’s $10.1 billion buyout deal
Shares of ImmunoGen Inc. rocketed toward a 23-year high Thursday after the biotechnology company agreed to be acquired buy AbbVie Inc. in a cash deal valued…
Meta sues FTC to block tough new restrictions on kids’ data
Instagram-parent Meta has sued the Federal Trade Commission in an attempt to prevent regulators from reopening the company’s landmark $5…
Uniswap leads decreases as large cryptocurrencies start mixed
Large cryptocurrencies were mixed during morning trading on Thursday, with Dogecoin
DOGEUSD,
+3.23%
seeing the biggest move, rising 2.71% to 8…
Cristiano Ronaldo faces $1 billion class-action lawsuit for endorsing worthless NFTs
Soccer superstar Cristiano Ronaldo is facing a $1 billion class action lawsuit for his promotion of Binance, the world’s biggest crypto…
Sports apparel retailers hope holidays will improve a post-pandemic slump
The holiday shopping season is now in full flight, but for sports apparel retailers and manufacturers, the mood is anything but festive.
Those most recent reports extended a…
Climate change is costing the US $150 billion a year. Here’s what that looks like
Every three weeks, the United States experiences an extreme weather event that produces $1 billion worth of damage, according to the latest US…
British banks announce sweeping job cuts weeks before Christmas
Staff at UK banks face layoffs in the lead-up to Christmas in what one labor union called “disgraceful” timing.
Struggling Metro…