business news
- Asia
Asia-Pacific stocks set for mixed start; China’s June industrial profits data ahead
SINGAPORE — Shares in Asia-Pacific looked set for a mixed start on Tuesday after the major indexes on Wall Street…
Read More » - Technology
Tesla records $23 million in bitcoin-related impairments after cryptocurrency’s second-quarter plunge
A Tesla store in Beijing, China, on July 4, 2021. Costfoto | Barcroft Media | Getty Images Tesla said Monday…
Read More » - Autos
Tesla reports more than $1 billion in net income during Q2, up tenfold from a year ago
Tesla reported second-quarter earnings after the bell Monday, and it’s a beat on both the top and bottom lines. Shares rose…
Read More » - US
Elon Musk snipes at Apple twice on Tesla earnings call
Elon Musk, chief executive officer of Tesla Inc., right, departs from court for the SolarCity trial in Wilmington, Delaware, U.S.,…
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Jim Cramer sees a ‘second reopening’ trade in the recovery stocks
CNBC’s Jim Cramer delivered an optimistic tune on Monday, predicting that the reopening plays will surge again when the U.S.…
Read More » - Money
Stock futures are flat ahead of Big Tech earnings
A trader works inside his post on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Stock…
Read More » - Europe
New Nokia smartphone is a ‘military grade’ model with 5G that can take a beating
The Nokia XR20. HMD Global LONDON — The maker of Nokia-branded phones debuted a slew of new devices Tuesday, including…
Read More » - Politics
Final missing person identified in Florida condo collapse, bringing death toll to 98
People visit the memorial that has pictures of some of the victims from the partially collapsed 12-story Champlain Towers South…
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Facebook creates exec team to work on Mark Zuckerberg’s vision for a digital universe
David Paul Morris | Bloomberg | Getty Images Facebook will create a product team to work on the “metaverse,” a…
Read More » - Money
Britney Spears’ attorney petitions to have a CPA replace James Spears in conservatorship
Singer Britney Spears attends the Billboard Music Awards at T-Mobile Arena in Las Vegas, Nevada. Lester Cohen | BBMA2016 |…
Read More » - Money
Consumer losses due to Covid-related fraud top $500 million
simonlong | Moment | Getty Images Consumer losses due to Covid-related fraud have topped $500 million, as criminals rip off…
Read More » - News
Some Americans with ‘long Covid’ may qualify for federal disability resources, Biden says
U.S. President Joe Biden signs a proclamation on the anniversary of the Americans with Disabilities Act (ADA), as (L-R) artist…
Read More » - US
American Airlines warns about fuel shortages around the country, asks pilots to conserve
American Airlines flight 718, the first U.S. Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November,…
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Americans are ‘mixing and matching’ Covid vaccines over concerns about the delta variant
Dr. Angela Rasmussen, a virologist at Georgetown University, received a booster shot of Pfizer and BioNTech‘s Covid-19 vaccine in late…
Read More » - Autos
Lucid Motors CEO says EV start-up is in an ‘enviable position’ as stock pops in its debut
Lucid Motors began trading Monday on Wall Street after completing its SPAC merger. Under the ticker symbol LCID, the stock jumped…
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International buyers dropped out of U.S. housing during pandemic, but China is rushing back
U.S. homebuyers went on a buying spree during much of the coronavirus pandemic‘s first year. International buyers did just the…
Read More » - Money
More than half of adults have unused gift cards. Here’s how to make sure you don’t lose that money
A gift-card display at a Publix supermarket. Jeff Greenberg | Universal Images Group | Getty Images If you’re like many…
Read More » - Money
Stocks making the biggest moves midday: Tesla, Zoom, Hasbro, Philips and more
Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena…
Read More » - Technology
Ex-Cisco CEO discourages his start-ups from doing business in ‘unpredictable’ China
Former Cisco CEO John Chambers told CNBC on Monday he is discouraging the start-ups he’s invested in from operating in China, citing…
Read More » - Money
Bezos offers to cover $2 billion in NASA costs in exchange for astronaut lunar lander contract
Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his…
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