Year: 2023
Carvana shares pop as company offers first-quarter guidance, restructures debt
A Carvana glass tower sits illuminated on Feb. 23, 2022, in Oak Brook, Illinois. Armando L. Sanchez | Tribune News Service | Getty Images Shares of Carvana popped during early trading Wednesday after the embattled used car retailer pre-announced guidance for the first quarter and released plans to restructure some of its $9 billion debt […]
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European stocks cautiously higher after UK inflation surpasses expectations; Fed rate decision due
Digital asset platforms have become much more efficient, Goldman Sachs CIO says Goldman Sachs’ Chief Investment Officer Marco Argenti discusses the company’s new digital assets platform. UBS buys back bonds to boost investor confidence UBS said it would buy back 2.75 billion euros worth ($2.96 billion) of debt it sold on March 9 as it […]
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Manhattan DA Alvin Bragg’s ties to billionaire George Soros are not as shut as Republicans assert
As Manhattan District Lawyer Alvin Bragg moves to provide an predicted indictment from Donald Trump, Republicans lawmakers leaping to the former president’s protection have fixated on what they contact Bragg’s ties to billionaire George Soros. Rep. Elise Stefanik, a New York Republican and the party’s fourth-rating chief in the Dwelling, tweeted Monday that Bragg “took […]
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Irrespective of opposition, UK’s Sunak wins write-up-Brexit trade vote in parliament
British Prime Minister Rishi Sunak gained the backing of parliament on Wednesday for a crucial factor of a reworked article-Brexit deal on Northern Eire. Bloomberg / Contributor / Getty Pictures British Key Minister Rishi Sunak gained the backing of parliament on Wednesday for a crucial element of a reworked put up-Brexit offer on Northern Eire […]
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Virgin Orbit raising $200 million from investor Matthew Brown, closing deal as soon as Thursday
A general view of Cosmic Girl, a repurposed Boeing 747 aircraft carrying the LauncherOne rocket under its left wing, as final preparations are made at Cornwall Airport Newquay on January 9, 2023 in Newquay, United Kingdom. Matthew Horwood | Getty Images Virgin Orbit is in final talks to raise funds from Texas-based investor Matthew Brown, […]
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Apple will demand a membership to check out ‘Friday Night Baseball’ this calendar year
Texas Rangers initial baseman Derek Dietrich (32) tags San Diego Padres catcher Austin Hedges (18) out at in the course of the MLB match involving the San Diego Padres and Texas Rangers on August 17, 2020 at World Existence Discipline in Arlington, TX. Andrew Dieb | Icon Sportswire | Getty Images Broadcasts of Big League […]
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Ford is about to break out big EV losses for the first time
Incoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company’s Michigan plant that produces the pickup. Michael Wayland | CNBC DETROIT – Ford Motor is about to tell investors what they’ve long wondered: How much is the transition […]
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Sens. Booker, Warnock press massive financial institution CEOs to pause overdraft charges after SVB failure
Sen. Cory Booker (D-NJ) speaks all through Attorney General nominee Merrick Garland’s confirmation hearing prior to the Senate Judiciary Committee, Washington, DC, February 22, 2021. Al Drago | Pool | Reuters WASHINGTON — Sens. Cory Booker and Raphael Warnock have urged the CEOs of 10 major financial institutions to waive overdraft and nonsufficient fund expenses […]
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DirecTV reaches deal to distribute right wing network Newsmax after long dispute
DirecTV said Wednesday it reached a deal with Newsmax Media to once again carry the right wing network in its satellite-TV and streaming packages. DirecTV had not carried Newsmax on its services since late January, when carriage negotiations broke down between the two companies. Newsmax had earlier alleged at the core of the dispute was […]
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Immediately after escalating a TikTok next, House Democrat leads thrust versus a ban
Although many lawmakers are pushing for a ban or sweeping alterations to the well known video-sharing application TikTok, Rep. Jamaal Bowman, D-N.Y., has embraced the app, getting approximately 160,000 followers and 2 million likes submitting about his thoughts and the workings of Congress. On Wednesday, Bowman will host a news meeting with far more than […]
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