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Economy

Displaced Los Angeles homeowners face price gouging after wildfires

By Dawn Chmielewski LOS ANGELES (Reuters) – Jay Gilberg bought a five-bedroom, 4,800-square-foot (446-sq-meter) home in the Los Angeles neighborhood of Pacific…
Stock

Amazon stock target raised at BMO on strong AWS outlook

Investing.com — BMO Capital raised its target for Amazon (NASDAQ:AMZN) to $265 from $236 in a note Friday, citing a robust outlook for…
Stock

Sweden’s Saab posts higher-than-expected organic sales growth for 2024

COPENHAGEN (Reuters) – Swedish defence equipment maker Saab said on Friday it expected an organic sales growth of 23.4% for the full…
Stock

US auto safety regulator closes probe into nearly 7,000 Fisker electric SUVs

(Reuters) – The U.S. auto safety regulator closed its probe into 6,971 Fisker (OTC:FSRNQ) Ocean SUVs on Friday over inadvertent activation of…
Stock

NHTSA opens preliminary probe into more than 870,000 GM vehicles

(Reuters) – The U.S. National Highway Traffic Safety Administration said on Friday it was opening a preliminary probe into 877,710 vehicles manufactured…
Stock

Citadel Securities seeks to establish brokerage in China

Investing.com — Citadel Securities, led by CEO Peng Zhao, has submitted an application to the China Securities Regulatory Commission to establish a…
Investing

Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about…
Investing

There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon

The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in…
Investing

Disney wins the 2024 box office as year-end receipts offer a welcome boost

Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales were down…
Latest News

Jan. 6 committee member says pardons are unnecessary: ‘We didn’t do anything wrong’

Rep. Pete Aguilar, a top Democrat who served on the congressional committee investigating President-elect Donald Trump’s alleged efforts to overturn the 2020…
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