Month: February 2025
Analysts are bullish on this liquefied natural gas stock that went public last month
Wall Street analysts are bullish on the future Venture Global , the second pure-play publicly traded liquified natural gas company in the U.S. Venture Global started trading on the New York Stock Exchange on Jan. 24 in one of the largest initial public offerings for an energy company in years. Venture’s stock has subsequently fallen […]
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Law firm repping Tesla drafts Delaware bill that could salvage Musk pay package
Elon Musk leaves after a meeting with Indian Prime Minister Narendra Modi at Blair House, in Washington, D.C., U.S., February 13, 2025. Nathan Howard | Reuters A law firm that represents Tesla and Elon Musk has written proposed legislation that would alter Delaware corporate law, according to a person directly familiar with the drafting of […]
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Stocks making the biggest moves midday: Intel, Walgreens Boots Alliance, Nike, Super Micro Computer and more
Check out the companies making headlines in midday trading. Super Micro Computer — The server builder surged 11%, extending its 32% rally from last week after CEO Charles Liang said he is “confident” the company can file its delayed annual report by the Feb. 25 deadline. Constellation Brands — The booze stock jumped 4.4% after […]
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Trump administration to continue Biden’s strict scrutiny of corporate mergers
The Trump administration on Tuesday said it will keep using strict guidelines by the administration of former President Joe Biden to review proposed corporate mergers. The decision to retain the regulatory guidelines —which have been widely disliked by corporations since their adoption in 2023 — was detailed by Federal Trade Commission Chairman Andrew Ferguson and […]
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Nike teams up with Kim Kardashian shapewear brand Skims as it looks to reach more women
Mannequins displaying shapewear at a Skims pop-up shop at the Nordstrom flagship store in New York, US, on Sunday, June 9, 2024. Bing Guan | Bloomberg | Getty Images Nike has teamed up with Kim Kardashian’s intimates brand Skims to launch a new line of activewear as the legacy sneaker giant looks to win over […]
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Judge orders Mayor Eric Adams, DOJ lawyers to appear in court to explain case dismissal request
New York City Mayor Eric Adams speaks with members of the media as he arrives for an Adult Town Hall at Sunnyside Community Services Older Adult Center on Feb. 12, 2025 in the Queens borough of New York City. Michael M. Santiago | Getty Images A federal judge ordered embattled New York Mayor Eric Adams, […]
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High-cost sickle cell gene therapies push insurers and Medicaid programs to find new payment models
Starting in his early teens, Deshawn “DJ” Chow wasn’t sure he’d ever be able to live a normal life. Crushing pain episodes brought on by his sickle cell disease were getting progressively worse. “It’s just been hard skipping school and always being in and out of the hospital,” the 19-year-old said. “And just severe […]
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Tesla picks showroom sites in New Delhi, Mumbai to start India sales: Reuters
Tesla signage is seen at a Tesla showroom on July 05, 2024 in New York City. Michael M. Santiago | Getty Images Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in the country, Reuters sources familiar with […]
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Stocks making the biggest moves premarket: Southwest, Medtronic, Snowflake, Bath & Body Works & more
Check out the companies making headlines in premarket trading. Delta Air Lines — Shares retreated 0.8% after a Delta flight from Minnesota to Toronto crashed on landing on Monday afternoon. At least 18 people were reported injured, according to local officials. Southwest Airlines — The value-focused carrier popped 2.4% after Southwest said it would cut […]
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Coca-Cola takes on Olipop and Poppi with new prebiotic soda brand, Simply Pop
Coca-Cola is launching a prebiotic soda brand called Simply Pop, taking on upstarts Olipop and Poppi. Starting in late February, consumers on the West Coast and in the Southeast will be able to try Coke’s iteration of the trendy drink. Soda consumption has broadly fallen in the U.S. over the last two decades, hurt by […]
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