business news
Aurora and Werner Enterprises are testing self-driving tractor-trailers on a lonely Texas highway
06 January 2022, US, Las Vegas: Robotic truck company Aurora shows off a self-driving semi-truck at the CES tech show in Las Vegas. In the Corona pandemic, interest in autonomous freight transport increased. Andrej Sokolow | Picture Alliance | Getty Images Self-driving startup Aurora Innovation has gone trucking in Texas. Aurora announced Wednesday that it […]
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JetBlue is willing to shell out $3.6 billion for discount airline Spirit because it wants to take on bigger carriers
View of JetBlue planes at Terminal 5 of John F. Kennedy International Airport on May 12, 2020 in New York, NY. Pablo Monslave | Getty Images JetBlue on Wednesday said its $3.6 billion all-cash bid for ultra-low cost carrier Spirit Airlines would help it grow across the country and better compete against larger airlines. The […]
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures sink in what would add to Tuesday’s drop on Fed worries Traders on the floor of the NYSE, March 31, 2022. Source: NYSE U.S. stock futures dropped Wednesday as investors await more insight into what […]
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UK has detected a new Covid variant. Here’s what we know so far about omicron XE
According to the Office for National Statistics, 4.9 million people in Britain, or 1 in 13, were infected with Covid-19 as of March 26 — a record high since its survey began in April 2020. Bloomberg | Getty Images LONDON — A new omicron sub-variant has been detected in the U.K. as the country faces […]
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Synchrony Financial is a buy as macro fears are priced in, Piper Sandler says
Investors are failing to take note of positive trends, such as strong credit performance, from the credit card provider, analysts say. Source
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Ed Sheeran wins copyright case over 2017 hit ‘Shape of You’
Ed Sheeran won a U.K. copyright battle over his 2017 hit “Shape of You” on Wednesday, defeating claims that the song copied part of 2015′s “Oh Why” by grime artist Sami Switch. Joe Maher | Disasters Emergency Committee | Getty Images Entertainment | Getty Images Grammy Award-winning songwriter Ed Sheeran won a U.K. copyright battle […]
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European stocks fall amid hawkish Fed comments, new Russia sanctions; Stoxx 600 down 1.6%
LONDON — European markets declined on Wednesday against a backdrop of hawkish comments from U.S. Federal Reserve officials and further sanctions against Russia. The pan-European Stoxx 600 fell 1.6% by early afternoon trade, with autos dropping 3.5% to lead losses as all sectors and major bourses slid into negative territory. Fed Governor Lael Brainard said […]
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Stocks making the biggest moves premarket: Twitter, Spirit Airlines, Tilray and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter fell 1.5% in premarket trading, potentially breaking a three-day win streak that has seen it gain nearly 32%. Elon Musk – now Twitter’s largest shareholder – changed the type of SEC filing regarding his share purchase to show it was not “passive.” […]
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This crypto fund has outperformed bitcoin for the last five years. Here’s how
A visual representation of Bitcoin. Edward Smith | Getty Images In a space filled with venture investors and traders, a blockchain fund run by value managers thinks it can give investors greater returns than bitcoin itself. Bitcoin has been called the best performing asset of the decade by some. Off the Chain Capital, a fund […]
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Uber looks to create travel ‘superapp’ by adding planes, trains and rental cars
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber is driving ahead with its plan to become a travel “superapp”. The San Francisco-headquartered firm announced Wednesday that it is adding trains, buses, planes and car rentals to its […]
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