Tesla: Shares Sink as CEO Elon Musk Feuds With US…
From Morningstar: 2025-06-05 19:11:00 Tesla CEO Elon Musk and US President Donald Trump are in a public feud over the
Category: Business
The Procter & Gamble Company Plans to Reduce its Workforce by up to 7,000 Due to Economic Challenges and Tariff Impacts
From Yahoo Finance: 2025-06-05 18:44:00 The Procter & Gamble Company (NYSE:PG) plans to cut up to 7,000 jobs— about 6%
Honeywell, Johnson Matthey, GIDARA Energy, and SAMSUNG E&A Join Forces in SAF Technology Partnership
From Yahoo Finance: 2025-06-05 18:16:00 Honeywell International Inc., Johnson Matthey, GIDARA Energy, and SAMSUNG E&A have partnered to create a
Uber CEO says stablecoins could reduce cross-border costs
From Yahoo Finance: 2025-06-05 18:05:00 Uber CEO Dara Khosrowshahi believes stablecoins could lower cross-border costs, exploring the digital assets’ potential
Walmart to expand drone deliveries to three more states
From CNBC: 2025-06-05 17:59:00 Walmart is expanding drone deliveries to 100 stores in Atlanta, Charlotte, Houston, Orlando, and Tampa within
Kendra Tucker steps down as Truckstop CEO
From Yahoo Finance: 2025-06-05 17:59:00 Truckstop CEO Kendra Tucker is stepping down after three years. Founder Scott Moscrip will serve
Akre Capital Seeks $12.2B Mutual Fund to ETF Conversion
From Yahoo Finance: 2025-06-05 17:45:00 Akre Capital Management plans to convert its Akre Focus Fund to an ETF in fall
JPMorgan Said to Allow IBIT as Collateral, Boosting Crypto
From Yahoo Finance: 2025-06-05 17:45:00 JPMorgan Chase is now accepting cryptocurrency investments, including BlackRock’s iShares Bitcoin Trust (IBIT), as collateral
Circle’s blockbuster IPO paves way for other crypto public listings
From Yahoo Finance: 2025-06-05 17:37:00 Stablecoin issuer Circle’s $1.05 billion IPO could lead other crypto players to go public as
Tesla Shares Skid as Trump and Musk Tussle Over Budget Bill
From Yahoo Finance: 2025-06-05 17:37:00 The S&P 500 fell 0.6% on Thursday due to a rise in unemployment claims, raising
Why Greif Stock Triumphed on Thursday
From Yahoo Finance: 2025-06-05 17:37:00 Veteran industrial company Greif (NYSE: GEF) impressed investors with a strong earnings beat in Q2
Meta Looks for Exclusive Hollywood Content for its New Headset, WSJ
From Yahoo Finance: 2025-06-05 17:11:00 Meta Platforms, Inc. is in talks with Disney and A24 for exclusive content for its
Truist Raises Genesco Inc. (GCO)’s Price Target by $2
From Yahoo Finance: 2025-06-05 17:07:00 Truist raises Genesco’s price target by $2 to $25, maintaining a Hold rating on the
Lululemon tumbles as slowing demand, tariff costs prompt annual profit cut
From Yahoo Finance: 2025-06-05 16:12:00 Lululemon cuts profit forecast due to higher costs from U.S. tariffs and lackluster demand. Shares
Tech giant Foxconn creating 600 jobs with $450M Houston investment
From Yahoo Finance.: 2025-06-05 15:40:00 Taiwan-based Foxconn acquires Fairbanks Logistics Park in Houston, investing $450 million to build AI server
Dow Falls 130 Points. Tesla Falls 14% Heading Into the Close.
From Dow Jones & Company: 2025-06-05 15:36:00 In the final hour of trading, the stock market took a hit with
BofA Still Sees Trouble on the Road for Lyft (LYFT)
From Yahoo Finance: 2025-06-05 15:24:00 Bank of America Securities analyst Mike McGovern maintained a Sell rating on Lyft Inc. (NASDAQ:
Here are the companies making job cuts
From CNBC: 2025-06-05 14:47:00 Elon Musk ends government cost-cutting initiative, but mass layoffs still impact corporate America amid global economic
Procter & Gamble to cut 7,000 jobs in restructuring
From CNBC: 2025-06-05 14:12:00 Procter & Gamble will cut 7,000 jobs, equivalent to 15% of its nonmanufacturing workforce, amid President
Robinhood exec touts retail investor strength, says overnight trading the future
From Yahoo Finance: 2025-06-05 13:44:00 Robinhood executive Steve Quirk credits retail investors for market rebound after April plunge, noting young
‘Hangover’ setting in for automakers with sales poised to go lower
From Yahoo Finance: 2025-06-05 13:37:00 Auto sales surged in May, but a “hangover” looms for the industry. Ford, Toyota, Honda,
Anthropic rivals experience growing AI worker problem
From Yahoo Finance: 2025-06-05 13:33:00 Tech companies like Microsoft have announced multiple layoffs, reflecting a trend in the industry. The
Elon Musk gets more time to respond to US SEC lawsuit over Twitter stake
From Yahoo Finance: 2025-06-05 13:29:00 The U.S. SEC extends Elon Musk’s deadline to respond to lawsuit over delayed Twitter stake
Analyst Report: Crowdstrike Holdings Inc
From Yahoo Finance: 2025-06-05 13:20:00 A recent analyst report on Crowdstrike Holdings Inc. indicates a strong performance for the cybersecurity
RBC Capital Maintains ‘Outperform’ Rating on Adobe (ADBE), Keeps $480 Price Target
From Yahoo Finance: 2025-06-05 13:12:00 RBC Capital maintained its ‘Outperform’ rating on Adobe Inc. (NASDAQ:ADBE) with a $480 price target