Business
Lidar makers Ouster and Velodyne agree to merge
The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings The Opening Bell®. NYSE Lidar makers Ouster and Velodyne have agreed to merge, combining roughly […]
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While building Truth Social, Trump spoke with rivals about competing partnerships
The TRUTH Social website is seen on a mobile device with an image of former US president Donald Trump in the background in this photo illustration in Warsaw, Poland on 23 February, 2022. Nurphoto | Getty Images Months after Donald Trump began building his social media platform, Truth Social, he considered jumping ship and backing […]
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The $1.9 billion Powerball jackpot — the largest ever — is up for grabs. Here’s the tax bill if there’s a winner
Mark Ralston | Afp | Getty Images Whoever is the next jackpot winner in Powerball will be looking at the largest lottery prize ever awarded. The tax bill will also be pretty impressive. After no one hit all six numbers drawn Saturday, the Powerball jackpot headed higher. For Monday night’s drawing, it’s now an estimated […]
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Carvana stock tanks 20% in continued sell-off
A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of Carvana were briefly halted Monday due to volatility, down more than 20% to below $7 per share — its lowest point on record. Carvana stock posted its worst day ever Friday after the company missed […]
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Here are the states voting on marijuana legalization on Election Day
A recreational marijuana smoker indulges in smoking weed on April 14, 2020 in the Bushwick section of the Brooklyn borough of New York City. Bruce Bennett | Getty Images Voters in a handful of states – including four that traditionally favor Republicans – are set to decide Tuesday whether to legalize recreational marijuana, paving the […]
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Sweetgreen is launching its first national dessert — a ‘healthy’ take on the Rice Krispies Treat
Sweetgreen Crispy Rice Treat Source: Sweetgreen Sweetgreen is launching its take on Rice Krispies Treats, its first dessert since 2014. The Crispy Rice Treat is available nationwide starting Monday for $2.95. The prepackaged dessert is made with organic brown rice, quinoa, millet and honey-date caramel. It has190 calories and 6 grams of sugar. Sweetgreen co-founder […]
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5 things to know before the stock market opens Monday
A trader watches as Federal Reserve Chair Jerome Powell speaks on a screen on the floor of the New York Stock Exchange (NYSE), November 2, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. A packed week ahead U.S. stock futures were up […]
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‘The old UK growth model is dead’: What a long-term weak pound means for Britain
A British one pound coin sits in this arranged photograph in London, U.K. Bloomberg | Bloomberg | Getty Images LONDON — The British pound’s exchange rate against the U.S. dollar has been on a rollercoaster ride in recent months. After a year of steady decline, it plunged to an all-time low beneath $1.10 after the U.K. […]
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IMF chief says rich countries alone can ‘never close’ the funding gap for climate change
Public aid and funding from governments of developed countries alone won’t be enough to close the funding gap on climate change initiatives in developing countries, IMF chief Kristalina Georgieva told CNBC. More private investments are needed to help developing countries to meet their climate change targets, said the managing director of the International Monetary Fund. […]
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Cramer: Why tech can’t find a bottom as other parts of the market show signs of life
Lots of companies got clocked last week. We saw weakness in a host of industries everything from media to gambling to cloud computing and software sales. The pain in the technology sector seems to know no bounds, as we mark one year ago this month since the Nasdaq last closed at a record high. (To […]
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