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Tesla's change in bylaws to limit shareholder lawsuits slammed by New York state officials

New York state officials are pressing Tesla to repeal a company bylaw that limited investors’ rights to sue the EV maker over breaches of fiduciary duty.

Industry 07-16

Expect tariff cascade' effect across slowing global economy, top UN official warns

President Trump’s tariffs will affect jobs and economic stability in many countries, and result in lower global growth, according to a top UN trade…

Industry 07-16

Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang

Scale AI said it’s cutting 14% of its staff weeks after Meta invested $14.3 billion in the startup and hired a number of top staffers.

Industry 07-16

Trump ‘likely' will fire Fed Chair Powell ’soon,' White House official says

President Donald Trump told a room full of Republican lawmakers that he will fire Fed Chair Jerome Powell

Industry 07-16

EU proposes 2 trillion euro seven-year budget hiking defense funding

“This is a budget for the realities of today, as well as the challenges of tomorrow,” European Commission President Ursula von der Leyen said.

Industry 07-16

EU proposes raising defense funding in 2-trillion-euro budget

“This is a budget for the realities of today, as well as the challenges of tomorrow,” European Commission President Ursula von der Leyen said.

Industry 07-16

Peter Thiel just bought a big stake in Tom Lee's ether company and the shares are surging

Bitmine Immersion Technologies recently launched an ether buying strategy and named Fundstrat’s Tom Lee chairman.

Industry 07-16

Nvidia CEO Jensen Huang sells another $37 million worth of stock

Huang has unloaded 1.2 million shares, totaling about $190 million, since he started selling stock this year, according to InsiderScore.

Industry 07-16

Canada\s PM wants to fast-track \nation building\ – but can he convince indigenous First Nations?

Indigenous communities have launched a legal challenge against a federal law that would fast-track resource development projects.

Industry 07-16

The lock-in effect' is making it harder to buy a home—even if mortgage rates fall

A growing number of homeowners say no rate would make them sell, making it even harder for buyers to find homes.

Industry 07-16

UK inflation hits hotter-than-expected 3.6% in June

Economists polled by Reuters had anticipated inflation would reach 3.4% in the twelve months to June.

Industry 07-16

As media reckons with strategic shifts, a new crop of leaders is coming into play

In an industry that’s long been run by storied Hollywood executives, those with backgrounds in finance and dealmaking are increasingly reshaping the…

Industry 07-16

5 things to know before the stock market opens Wednesday

Here are five key things investors need to know to start the trading day.

Industry 07-16

Morgan Stanley earnings top estimates on increased trading revenue

The strong performance was propelled by higher client activity with notable strength in equity trading.

Industry 07-16

Why defensive names and bitcoin could be solid plays over the next six months

Unlimited Funds CEO Bob Elliott and Strategas Securities’ Todd Sohn deliver their investment ideas as earnings season gets underway.

Industry 07-16

Crypto bounces on renewed optimism House could pass key stablecoin legislation this week

Investors dismissed a snag in what was expected to be a winning week for crypto regulation.

Industry 07-16

Weekly mortgage demand plummets 10%, as rates and economic concerns rise

Mortgage demand dropped 10%, as new concerns over tariffs and the economy hit both investors and consumers.

Industry 07-16

France flirts with cutting two public holidays to save money

France’s prime minister announced plans for spending cuts on Tuesday as the government targets around 43 billion euros’ ($50.0 billion) worth of…

Industry 07-16

Trump's big beautiful bill' caps student loans. Here's what it means for borrowers

President Donald Trump’s massive tax and spending package will set new limits on how much money students can borrow for college and graduate school.

Industry 07-16

Bank of America is about to report earnings – here's what to expect

Analysts expect net interest income — the difference in what banks pay depositors and what they earn on loans and investments — to have risen in the period.

Industry 07-16
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