Category: Stock

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Racketeering conspiracy trial against Chinese tech giant Huawei begins in New York

Racketeering conspiracy trial against Chinese tech giant Huawei begins in New York

A racketeering conspiracy trial of Huawei Technologies began in New York on Wednesday with federal prosecutors accusing the Chinese tech company of a litany of crimes, including stealing technology from American companies, abusing the U.S.

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Bessent’s move to tamp down rising rates backfires as bond yields jump and stocks tumble

Bessent’s move to tamp down rising rates backfires as bond yields jump and stocks tumble

Bonds sharply sold off and stocks tumbled Wednesday after Treasury Secretary Scott Bessent’s latest effort to tamp down what he called market “fever” backfired.At 11 a.m. ET, the Treasury Department announced that it would repurchase

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LIV Golf files for bankruptcy protection as it seeks to restart in 2027

LIV Golf files for bankruptcy protection as it seeks to restart in 2027

LIV Golf, the Saudi-funded tour that once aimed to take over professional golf, filed for Chapter 11 bankruptcy protection Tuesday as it attempts to restructure and restart what it called its “next chapter.” LIV Golf

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Iran increases gasoline price for its heaviest consumers as economy struggles

Iran increases gasoline price for its heaviest consumers as economy struggles

TEHRAN, Iran — Iran early Tuesday introduced a higher price for its heaviest users of gasoline, state media reported, in the latest economic pinch caused by months of war. It’s the second such hike since

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FCC asks court to reject Disney lawsuit over ABC TV station licenses

FCC asks court to reject Disney lawsuit over ABC TV station licenses

The U.S. Federal Communications Commission asked a federal judge on Thursday to toss out Disney’s lawsuit seeking to block the agency’s early review ​of licenses for the entertainment giant’s eight company-owned ABC stations.The FCC said

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Dutch central bank shifts billions in gold from U.S. to Europe in ‘crisis preparedness’ move

Dutch central bank shifts billions in gold from U.S. to Europe in ‘crisis preparedness’ move

The Dutch central bank announced Wednesday that it has moved billions of dollars worth of its gold reserves out of North America in a move it described as “crisis preparedness” in a time of global

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The sardine shortage is real — and it’s not all Gen Z’s fault

The sardine shortage is real — and it’s not all Gen Z’s fault

Where are the sardines? The humble little fish, once a plentiful, budget-friendly staple in your grandpa’s pantry, can sometimes be hard to find. Sardines have become so celebrated by wellness influencers on TikTok that demand

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No pint-sized matter: Thieves steal $70,000 in Pabst beer from California warehouse

No pint-sized matter: Thieves steal $70,000 in Pabst beer from California warehouse

MONTCLAIR, Calif. — Thieves made off with tens of thousands of cans of Pabst beer in two separate heists from a Southern California warehouse on the same day, police said.Pabst Blue Ribbon has turned the

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Federal judge blocks Pentagon blacklisting of Anthropic, calling it ‘illegal and baseless’

Federal judge blocks Pentagon blacklisting of Anthropic, calling it ‘illegal and baseless’

A federal judge blocked the Defense Department’s blacklisting of Anthropic on Thursday, ​the latest turn in the Claude maker’s high-stakes fight with the military over AI safety ‌on the battlefield.Anthropic’s lawsuit in federal court in

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Lucky Charms and Trix go au naturel as General Mills ditches artificial colors

Lucky Charms and Trix go au naturel as General Mills ditches artificial colors

General Mills said Wednesday it has removed artificial colors from all its U.S. cereals, including Lucky Charms and Trix.The Minneapolis company has shifted to fruit- and vegetable-based dyes as well as colors derived from spices