News Api Business

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JPMorgan CEO Jamie Dimon signals retirement is closer than ever - CNBC

The ambiguity of Dimon's plans has made succession timing at JPMorgan one of the persistent questions for the bank's investors and analysts. He is 68.

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These US Red Lobster locations are closing after bankruptcy filing - USA TODAY

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Global stocks hit record highs as more countries join in the rally - MarketWatch

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Another online pharmacy bypasses the FDA to offer cut-rate weight loss drugs - The Verge

Hims & Hers is now offering knockoff versions of the GLP-1 weight loss drugs, which are in shortage. It’s one of several online pharmacies to do so.

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Stocks making the biggest moves midday: Hims & Hers Health, Norwegian Cruise Line, Target and more - CNBC

These are the stocks posting the largest moves in midday trading.

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Stock market today: Wall Street ticks higher as S&P 500 and Nasdaq composite head for more records - The Associated Press

U.S. stock indexes are hanging around their record heights and drifting in mixed trading following their latest winning week. The S&P 500 was up 0.1% Monday and on track to edge past its record set last week. The Nasdaq composite was 0.6% higher and likewise …

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Dan Niles on what to expect from Nvidia earnings - CNBC Television

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Amazon CEO Andy Jassy says attitude 'makes a big difference' at work - Fox Business

While speaking with LinkedIn CEO Ryan Roslandsky, Andy Jassy identified a good attitude and willingness to learn as important for succeeding professionally.

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Spirit Airlines drops change and cancellation fees - The Points Guy

Spirit Airlines is the latest U.S. airline to do away with change and cancellation fees, following a similar move last week by Frontier Airlines.

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Small-caps stocks may benefit most from Nvidia market rally - Yahoo Finance

Markets have been on a remarkable rally, with the Dow Jones Industrial Average (^DJI) surpassing the 40,000 mark for the first time ever last week. However, ...

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Elon Musk confirms his threat: give me 25% of Tesla or you don't get AI and robotics - Electrek.co

Elon Musk appears to confirmed and even clarify what can be seen as a threat to Tesla shareholders: give me...

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New York AG announces $2 billion settlement with crypto lender Genesis - CNBC

New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion to make defrauded investors whole again.

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Homes are overvalued in most of the US – and the problem is worse in these 5 states - Fox Business

A new report from Fitch Ratings showed that home prices are overvalued in 90% of U.S. metro areas – but the problem is most pronounced in five states.

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Saudi Arabia’s biggest-ever plane order isn’t going to Boeing - CNN

Saudi Arabia’s national airline has placed an order for 105 Airbus airplanes in the largest-ever deal in the country’s aviation history — another win for troubled Boeing’s European rival.

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Hundreds of Florida nursing homes close due to insurance rates - New York Post

In the five-year period ending in 2023, an average of 146 nursing homes or assisted-living facilities in Florida have closed each year.

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Former Home Depot CEO warns Biden's economy created a 'wrecking ball' for the next president - Fox Business

Former Chrysler and Home Depot CEO Bob Nardelli sounded off on inflationary pressures affecting Americans and policy decisions that have contributed to the hardship.

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As their customers age, Macy's, Kohl's and Nordstrom are chasing younger shoppers - CNBC

Baby boomers make up a sizeable chunk of the retailers' shoppers and investors aren't convinced that Gen Z and Millennials will age into shopping at the stores.

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Ryanair sees rises in air fares easing over summer - BBC.com

Airline profits rise despite fuel costs as it warns deliveries of Boeing jets could be further delayed

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Wall Street's biggest bear flips, raises S&P 500 price target by 20% - Yahoo Finance

Morgan Stanley chief investment officer Mike Wilson believes an improving growth outlook and an earnings rebound will drive the S&P 500 higher over the next ...

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Gold and sIlver prices continue record high runs - Yahoo Finance

Gold (GC=F) and silver futures (SI=F) surged to record highs last week and continue to show signs of life as geopolitical uncertainty continues to raise...

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Oil dips as U.S. Fed dampens mood on interest rate cuts - Reuters

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Grayscale CEO Michael Sonnenshein Steps Down, to Be Replaced by TradFi Veteran - CoinDesk

Sonnenshein's replacement will be Peter Mintzberg, currently head of strategy for asset and wealth management at Goldman Sachs.

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Sour Patch Kids Oreos? Peeps Pepsi? What's behind the weird flavors popping up on store shelves - The Associated Press

Surprising flavor combinations – think gravy-flavored Jones Soda or Sour Patch Kids Oreos -- are showing up more frequently in grocery stores and restaurants. Earlier this year, IHOP and Lay’s introduced Rooty Tooty Fresh ’N Fruity potato chips, which were de…

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Welcoming remarks by Governor Waller on the international role of the U.S. Dollar - Federal Reserve

Thank you, Beth Anne, and thank you for the opportunity to speak to you today. 1 I would like to welcome everyone to this Third Conference on the Internat

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Kyndryl teams with NVIDIA to accelerate adoption of generative AI-enabled solutions - Kyndryl

Kyndryl collaborates with NVIDIA to accelerate the development, implementation and use of AI-powered insights and business outcomes.

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Norwegian Cruise Line Announces New Strategy and New 2026 Financial Targets - Cruise Industry News

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NVIDIA To Rally Around 30%? Here Are 10 Top Analyst Forecasts For Monday - NVIDIA (NASDAQ:NVDA) - Benzinga

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US rate cut optimism steers gold to another record high - Reuters

Gold prices rose to an all-time high on Monday as a cocktail of factors from U.S. rate cut expectations, China's stimulus measures to geopolitical tensions lifted demand, with the momentum also carrying silver to a more than 11-year peak.

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CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security - TechCrunch

CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion.

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Airplane passenger uproar as woman with baby on her lap should be 'ashamed' for bothering others - Fox News

A airplane drama described in a Reddit post has gone viral as a mother with a young child revealed how another passenger was upset about seat switching, plus a baby on the plane.

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'Dumb Money' Loses $13.1 Billion In Latest GameStop Stock Mania - Investor's Business Daily

Fool me twice? It appears GameStop meme investors got suckered — again.

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Top CEO Bets On A Shock Biden Crypto Flip As Congress Hurtles Toward A 'Crucial' Vote That Could Blow Up The Price Of Bitcoin, Ethereum And XRP - Forbes

U.S. lawmakers are on the brink of a landmark crypto vote that some of the biggest crypto companies have called "crucial" for the future of the U.S. industry...

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Exclusive | Elon Musk's Neuralink Gets FDA Green Light for Second Patient, as First Describes His Emotional Journey - The Wall Street Journal

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This Florida mom's lottery win turned to 'absolute nightmare' after the state snatched her winnings - Yahoo Finance

Thousands of Floridians are fighting the state for their winnings.

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United flight was diverted to Ireland after laptop got stuck in a seat - Business Insider

A United Airlines Boeing 767 turned around over the Atlantic Ocean after a laptop got wedged in a business class seat, posing a potential fire risk.

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Private equity firm in talks to buy Keywords Studios - GamesIndustry.biz

Keywords Studios has confirmed it's in "advanced discussions" with private equity firm EQT to buy the developer.Accordi…

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Memorial day flights, hotels: What will it cost you? - Fox Business

Airfare for Memorial Day weekend is averaging less than last year as well as in 2019. However, economists are urging consumers to book their flights now.

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Satya Nadella has made Microsoft 10 times more valuable in his decade as CEO. Can he stay ahead in the AI age? - Fortune

Ten years in as CEO, Nadella has turned Microsoft into the world’s most valuable company and one of the top players in AI.

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Musk Effect Drives Spread of Supersize CEO Pay Packages - The Wall Street Journal

More executives make $50 million and up—with potential for growth over time

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Computer-Science Majors Graduate Into a World of Fewer Opportunities - The Wall Street Journal

Those from top schools can still get jobs. They are just not all going to Facebook or Google.

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Inside Oracle's Deadly Gamble on Cerner and Electronic Health Records - Business Insider

Larry Ellison bet $28 billion that Oracle could revolutionize healthcare. So why are so many patients dying?

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2 Ultra-High-Yield Dividend Stocks Billionaires Are Surprisingly Selling, and the 1 Monthly Dividend Payer They Can't Stop Buying - Yahoo Finance

Prominent billionaire investors shockingly sent two premier income stocks to the chopping block in the March-ended quarter, while piling into a monthly...

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Why Fed officials aren't in a rush to adjust interest rates - Axios

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Bitcoin rally above $67.5K could spark new record highs, says 10x Research - Cointelegraph

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Li Auto sees net income fall in Q1, guidance for Q2 misses expectations - CnEVPost

Li Auto guides for second-quarter vehicle deliveries to be in the range of 105,000 to 110,000, meaning it expects to deliver a total of 79,213 to 84,213 vehicles in May and June.

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AstraZeneca to build $1.5 billion cancer drug manufacturing plant in Singapore - Reuters

AstraZeneca plans to build a $1.5 billion manufacturing facility in Singapore to produce a promising category of cancer-killing drugs called antibody-drug conjugates (ADCs), the Anglo-Swedish drugmaker said on Monday.

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Genetic profile may predict best response to weight-loss drug Wegovy - Reuters

Certain genes may identify patients with obesity who are most likely to respond strongly to Novo Nordisk's weight-loss drug Wegovy, researchers reported on Monday.

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Retail mogul Bruce Nordstrom dies, aged 90 - BBC.com

He took the shop from a regional shoe outlet in Seattle to a major US retailer.

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Here's the Stock Warren Buffett Spent the Last 9 Months Secretly Accumulating a $6.9 Billion Stake In - Yahoo Finance

Buffett's mystery stock is finally revealed.