Italy has revised its plan to impose a windfall tax on banks, after the announcement of the measure caused a market turmoil that erased $10...
Sony Pictures Reports Sharp Decline in Quarterly Profit
Sony Pictures, the film and television division of Sony Corporation, reported a sharp decline in its quarterly profit for the first quarter of 2023, which...
China’s College Graduates Face Tough Job Market and Low Expectations
China’s college graduates are facing a harsh reality as they enter the job market in 2023. With a record number of 11.6 million graduates competing...
AMD Stock Soars to New Highs on Strong Demand and Big Money Flows
AMD (AMD), the semiconductor company that produces chips for computers, gaming consoles, and data centers, has seen its stock price surge to new highs in...
Disney to Report Q3 Earnings Amid Pandemic Recovery and Streaming Challenges
Disney (DIS), the media and entertainment giant, is scheduled to release its fiscal third-quarter earnings on Wednesday, August 9, after the market closes. Analysts expect...
Apple Shares Fall After Disappointing Quarterly Earnings Report
Apple Inc., the world’s most valuable company, saw its shares drop by more than 5% on Wednesday, after it reported lower-than-expected earnings for the fourth...
ESPN Enters Sports Betting Market with $1.5 Billion Deal with Penn Entertainment
ESPN, the leading sports media network owned by Disney, has announced a landmark deal with Penn Entertainment, a gaming and entertainment company, to enter the...
Florida Ticket Wins Record-Breaking Mega Millions Jackpot of $1.58 Billion
A lucky ticket sold in Florida has won the largest Mega Millions jackpot in history, with a staggering prize of $1.58 billion. The ticket matched...
UAW President Slams Stellantis for Trying to Gut Benefits During Negotiations
UAW President Shawn Fain expressed his outrage at the contract proposals from Stellantis, the owner of Jeep, Ram, Chrysler, Dodge and Fiat brands, during a...
UK Economy to Suffer Five Years of Lost Growth, Think Tank Warns
The UK economy is facing a bleak outlook, as a triple shock of Brexit, Covid and the Ukraine war has severely damaged its prospects for...
Country Garden Faces Default Risk as Coupon Payments Delayed
Country Garden Holdings Co., one of China’s largest real estate developers, is facing the risk of default as some of its bondholders have not received...
How to Start a For-Profit Business for a Cause: A Reddit User Asks
Many people have a passion for a social or environmental cause, but they may not know how to turn it into a profitable business. A...
Dish Network and EchoStar to Merge in All-Stock Deal
Dish Network and EchoStar, two companies founded by billionaire Charlie Ergen, announced on Tuesday that they have agreed to merge in an all-stock deal. The...
Market Rally Holds Key Support, For Now; Two Big AI Losers Late
The market rally faced a key test on Tuesday, as the S&P 500 and Nasdaq composite fell below their 50-day moving averages before recovering some...
Reddit Users Share Their Best Business Ideas for 2023
If you are looking for some inspiration to start your own business in 2023, you may want to check out the r/business subreddit, where users...
Triple H Offers to Train Elon Musk for His WWE-Style Fight Against Mark Zuckerberg
Elon Musk, the billionaire owner of Twitter, has expressed his interest in fighting Mark Zuckerberg, the founder of Facebook, in a WWE-style cage match. Musk...