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UBS posted a much better-than-expected net profit in the fourth quarter
Business

UBS Profit Beats Forecast As Credit Suisse Merger Nears End

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Business

Costco Raises Pay Above $30 An Hour As Union Contract Deadline Approaches

Members of the National Samsung Electronics Union walk past a Samsung logo outside the company's Giheung Campus in Yongin on July 10, 2024
Business

Samsung Electronics Posts 129.85% Jump In Q4 Operating Profit

The Federal Reserve stood pat on interest rates, as expected, but did not offer hints on when it could resume cutting
Finance & Investments

Asian Markets Diverge In Thin Trade, With AI Impact In Focus

Sony Group said Wednesday that it has promoted Hiroki Totoki to chief executive officer as part of a wider management reorganisation
Business

Sony Names New CEO In Management Reshuffle

ByteDance is under pressure to sell the popular video sharing app TikTok
Business

Who Might Buy TikTok In The US?

Tesla shareholders originally backed the Elon Musk compensation plan in March 2018
Business

Elon Musk's X Partners With Visa To Launch Digital Wallet, Peer-to-Peer Payments

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Business

Norway Leads The Charge: Nearly All New Cars Sold Are Electric

Elon Musk's Tesla Tesla produces its famous Model 3 in a Shanghai factory and exports it to Europe
Business

Tesla, BMW Take EU To Court Over China EV Tariffs

Spotify and the major music company Universal have inked a new deal
Business

Universal, Spotify Ink Multi-year Deal

US existing home sales hit their lowest level in nearly 30 years on high home prices and elevated mortgage rates, said the National Association of Realtors
Business

US Home Sales In 2024 Weakest In Nearly 30 Years

Meta CEO Mark Zuckerberg, pictured here at US President Donald Trump's inauguration on January 20, 2025, says the giant tech company is building a new datacenter so big it would cover much of Manhattan
Business

Meta Plans To Invest $60 Bn Or More In AI This Year

The Bank of Japan has hiked interest rates to their highest level since 2008
Business

Bank Of Japan Hikes Interest Rate To 17-year High, Boosts Yen

American Airlines projected a first-quarter loss but predicted improving travel demand would lift perfomrance later in 2025
Business

American Airlines Shares Fall On Lackluster 2025 Profit Outlook

Fed governor Christopher Waller, seen in February 2020, said he could support a rate cut in the first half of the year
Finance & Investments

US Could Cut Interest Rates 3 Or 4 Times This Year: Fed Official

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