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Investing
UPenn crisis deepens: Former trustee calls for president to resign as donors bail
Former University of Pennsylvania trustee Vahan Gureghian is calling for Liz Magill, the Ivy League school’s president, to step down and…
Large cryptocurrencies mixed as Uniswap climbs
Large cryptocurrencies were mixed during morning trading on Wednesday, with Uniswap
UNIUSD,
+0.59%
seeing the biggest move, climbing 2.42% to…
Netflix hikes prices again
Netflix has raised its prices again.
The streaming giant said in its third-quarter earnings report that its premium ad-free plan…
Albemarle’s stock drops to lowest in two years after rating downgrade
Shares of lithium miner Albemarle Corp. on Wednesday traded at their lowest in more than two years, after being hit by a rating downgrade from analysts at…
Delta loyalty program backlash: Airline backtracks on some changes after an uproar from customers
Delta Air Lines is easing off some recent changes to its SkyMiles loyalty program that sparked criticism from frequent flyers.…
Elon Musk says Cybertruck sales will start Nov. 30
Tesla Inc. Chief Executive Elon Musk tweeted Wednesday that the EV maker has penciled in Nov. 30 as the date it will start selling the first Cybertrucks.…
Costco’s CEO steps down
Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday.
Ron Vachris,…
Americans’ net worth surged by a record 37% from 2019-2022
Americans’ net worth surged at a historic pace from 2019 to 2022, a reflection of the pandemic era’s tremendous economic swings and the wealth…
Fed’s Barkin sees ‘plausible story’ that slowing economy is working to bring inflation back to 2% target
The U.S. economy may be softer than the data suggest and this weakness may be helping to moderate inflation pressure, said Richmond Fed President Tom Barkin…
Apple continues its sweep to roll out USB-C to more devices
Apple
(AAPL) quietly announced its next-generation Pencil that works with iPads and now includes USB-C charging.…