Business News

NIO Posts Wider-Than-Expected Loss. But Delivery Guidance Is a Relief.
Thu, Nov 10th 2022 at 11:11 am
Earnings from Chinese electric-vehicle maker NIO NIO 12.41% were weaker than expected as costs rose faster than sales. But delivery guidance ...
barrons.com

Marketmind: Consumer Inflation, Crypto Deflation
Thu, Nov 10th 2022 at 11:07 am
Cryptocurrencies teetered on Thursday after a week of eye-watering losses and existential fears for the whole sector as crypto exchange ...
money.usnews.com

Forecasters expect inflation to have cooled slightly in October
Thu, Nov 10th 2022 at 11:04 am
Investors and consumers will closely watch the release of October inflation data on Thursday, little more than a week after ...
abcnews.go.com

San Francisco-based Prologis breaks ground on second phase of industrial park near Sky Harbor
Thu, Nov 10th 2022 at 11:00 am
Construction is expected to to wrap up toward the end of the second quarter or beginning of the third quarter ...
bizjournals.com

Pet Diagnostics Startup Raises $5 Million In Financing, Led By Mars Venture Fund
Thu, Nov 10th 2022 at 11:00 am
MySimplePetLab, a startup that sells home testing kits for dogs and cats, is positioned to grow with backing from pet ...
forbes.com

What's Next For CVS Health Stock After A Solid Q3?
Thu, Nov 10th 2022 at 11:00 am
Its earnings of $2.09 on a per share and adjusted basis were up 6% y-o-y, partly due to a 30 bps fall in ...
forbes.com

Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here's what could happen next.
Thu, Nov 10th 2022 at 10:52 am
Our call of the day fromStock Traders Dailyand portfolio manager atEquity Logic, Thomas H. Kee Jr., links up the latest ...
marketwatch.com

High Anxiety: China's Covid And U.S. Inflation
Thu, Nov 10th 2022 at 10:49 am
Some risk-off activity is being linked to new Covid restrictions in some of China's largest cities. The US reports CPI ...
seekingalpha.com

Oppenheimer says Coinbase can still surge 90% even after FTX's 'Lehman Brothers moment'
Thu, Nov 10th 2022 at 10:16 am
There's still lots of upside in Coinbase shares despite the recent volatility within the broader crypto market, according to Oppenheimer.
cnbc.com

EU proposes emission rules for last combustion engine cars
Thu, Nov 10th 2022 at 10:15 am
The European Unions executive arm has proposed pollution standards for new combustion engine vehicles that are expected to remain on ...
seattletimes.com

Prices probably stayed high in October despite Fed's inflation fight
Thu, Nov 10th 2022 at 10:01 am
The Federal Reserve is hiking interest rates at the most forceful pace in decades but has seen limited progress so ...
washingtonpost.com

From a $32 billion valuation to a fire sale in 11 months: How FTX nosedived in spectacular fashion
Thu, Nov 10th 2022 at 10:00 am
"And once more, it's the retail investors who may pay the biggest price," Invezz analyst Dan Ashmore said of FTX's ...
msn.com

Musk's First Email to Twitter Staff Ends Remote Work
Thu, Nov 10th 2022 at 9:49 am
New Twitter Inc. owner Elon Musk emailed his workers for the first time late Wednesday to prepare them for difficult ...
msn.com

Inflation numbers from October expected to remain high
Thu, Nov 10th 2022 at 8:31 am
The Labor Department is expected to report today that consumer prices jumped 8% from 12 months earlier and by a sharp 0.6% from ...
cleveland.com

G20 watchdog in step-by-step approach to funds sector 'vulnerabilities'
Thu, Nov 10th 2022 at 8:05 am
Systemic vulnerabilities in investment funds and other "non-banks" that make up almost half the world's financial system will be addressed ...
reuters.com

China Province Tests Novel Way of Pricing Local Government Debt
Thu, Nov 10th 2022 at 5:52 am
The biggest issuer in Chinas 34 trillion yuan ($4.7 trillion) local government bond market is testing a new approach to pricing debt, ...
bloomberg.com

Merrick auto biz owner convicted of hiding income from IRS
Thu, Nov 10th 2022 at 4:43 am
A federaljury in Central Islip found Lorraine Pilitz, 64, guilty after a two week trial of illegally structuring financial transactions, corruptly ...
newsday.com

The Dallas Morning News' Top 100 Places to Work: Leaders listened, and their companies won
Thu, Nov 10th 2022 at 2:59 am
These bar-setting employers flexed their muscles by being highly adaptable, investing in technology to make working from home a more ...
dallasnews.com

American National Bank of Texas
Thu, Nov 10th 2022 at 2:59 am
Nearing 150 years old, American National Bank of Texas was founded in Terrell and is one of the oldest and largest ...
dallasnews.com

Facebook's parent company, Meta, to lay off more than 11,000 employees
Thu, Nov 10th 2022 at 2:36 am
Mark Zuckerberg announced the news to Meta employees Wednesday morning, saying: I want to take accountability for these decisions and ...
nbcnews.com