Dodge unveils 2024 Charger Daytona Scat Pack EV and gas model
From CNBC: Dodge announces the 2024 Charger Daytona Scat Pack EV, the first all-electric car from the automaker alongside a
Category: Business
Terran Orbital CEO considering Lockheed Martin's acquisition offer worth $600 million
From CNBC: Satellite manufacturer Terran Orbital is considering Lockheed Martin’s acquisition offer, valued at nearly $600 million. Despite a shareholder
GM reduces price of Chevy Blazer EV after fixing software issues, aiming to boost adoption rates.
From CNBC: General Motors is reducing the price of the Chevrolet Blazer EV by thousands of dollars as sales resume
Novo Nordisk CEO announces potential leading weight loss pill, shares surged then fell.
From CNBC: Novo Nordisk CEO Lars Fruergaard Jørgensen announced that amycretin, a new weight loss pill, could be a leading
OpenAI's new video creation system Sora faces scrutiny from EU data privacy watchdog.
From BNN Bloomberg: OpenAI Inc. is under further scrutiny from Italy’s data protection watchdog regarding concerns over its new artificial
Family offices tripled in number, managing $6 trillion, leading to increased interest from private equity
From CNBC: The number of family offices worldwide has tripled since 2019, now totaling over 4,500, with North America having
Eli Lilly's Alzheimer's drug delayed FDA approval, but showed promising results in trial
From CNBC: Eli Lilly’s shares rose as their Alzheimer’s drug slowed disease progression in a final-stage trial, aiming for US
Warren Shiels wins Best UK Equity Fund award and plans to invest in unloved UK companies.
From Morningstar: Warren Shiels from Man GLG receives the Morningstar Fund Award for Best UK Equity Fund. He plans to
Companies warned to rethink using generative AI in hiring due to ethical and legal concerns
From Bloomberg: Companies are advised to reconsider the use of generative AI in recruitment due to ethical and legal concerns.
Morningstar Award winner James Hanford discusses investing in GRANOLAS concept, focusing on quality companies.
From Morningstar: James Hanford of Comgest wins Morningstar Award for Best European ex-UK Equity Fund. Hanford discusses GRANOLAS concept, focusing
Experts believe US tech stocks will continue to lead market with high valuations and growth potential.
From Morningstar: A panel of experts discusses investing in the new year at Morningstar’s Executive Forum for 2024. Factors such
Morningstar awards 2024 Investing Excellence UK winners based on ratings, including Vanguard and Impax Asset Management.
From Morningstar: Morningstar has awarded the 2024 Morningstar Awards for Investing Excellence UK to funds and asset managers that have
Tech firms like OpenAI and Salesforce are working to develop ethical AI standards
From PYMNTS.: Companies are focusing on responsible AI development for fairness, transparency, and accountability. OpenAI and Salesforce are among tech
US bipartisan bill aims to ban TikTok unless parent company ByteDance sells it
The White House supports a bipartisan bill which aims to ban TikTok unless its parent company, ByteDance, sells it due
Key OpenAI executives played a role in ousting CEO Sam Altman over management concerns
From The New York Times: OpenAI is facing questions about the ousting of CEO Sam Altman over concerns about his
Nationwide Building Society set to acquire Virgin Money for £1.2 billion
From Morningstar: Virgin Money, the sixth-largest bank in the UK, is likely to be acquired by Nationwide Building Society for
Costco misses revenue expectations but reports sales growth and e-commerce gains, leading to a 4% drop.
From CNBC: Costco missed revenue expectations for the holiday quarter but reported year-over-year sales growth and e-commerce gains. Net income
Elon Musk reneged on funding promise for OpenAI, organization secured additional funding
From Bloomberg: Venture capitalist Vinod Khosla claims OpenAI had to seek additional funding due to Elon Musk backing out. Musk
Gap Inc. reports growth in sales and gross margin, with plans to revitalize legacy brands
From CNBC: Old Navy, Gap Inc.’s largest banner, sees growth return with sales up 6% to $2.29 billion. Overall gross
Space company Astra will go private in deal to avoid bankruptcy
From CNBC.: Space company Astra will go private in a deal with founders Kemp and London to acquire all stock
American Eagle beats earnings expectations, plans growth strategy with focus on profitability
From CNBC: American Eagle announced a growth strategy for the next three years, writing off $94 million in impairment charges
NVIDIA and HP CEOs launch new laptops for AI workstations, advancing generative AI technologies
From NVIDIA: In a fireside chat, NVIDIA and HP CEOs unveiled new laptops that revolutionize AI workstations, making 2024 the
Major U.S. retailers Walmart, Target, and Kroger ramp up same-day grocery delivery competition
From CNBC: Major U.S. retailers like Walmart, Target, and Kroger are ramping up their same-day delivery services to compete for
Rivian unveils new electric vehicles with impressive specs, stock rises 10%.
From CNBC: Rivian surprised consumers and investors by unveiling two new all-electric vehicles, the R3 and R3X, alongside the R2
United Airlines is pausing pilot hiring due to Boeing delivery delays, impacting multiple carriers.
From CNBC: United Airlines is pausing pilot hiring due to Boeing delivery delays. New hire classes will stop in May