News Around the Globe
By Elisa Toyota is scaling back production in North America and Japan as the surging coronavirus pandemic in Southeast Asia and elsewhere crimps supplies. Japan’s top automaker said Thursday that …
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By Moynihan Robinhood’s stock tumbled more than 10 percent after the free stock-trading app warned a trading frenzy that powered its latest quarterly results appears to be waning. The Silicon …
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By Moynihan Bill Ackman’s giant blank-check company has been slapped with a lawsuit that claims it has been operating illegally, even as the billionaire investor’s hedge fund allegedly rakes in …
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By Feuer Jeff Bezos’ space company, Blue Origin, sued the National Aeronautics and Space Administration over the agency’s decision to award a $2.9 billion moon lander contract to Elon Musk’s …
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By Wayt The hackers who pulled off the largest cryptocurrency heist in history “for fun” have returned the money – and the company that they stole from wants to pay …
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By Feuer Virgin Galactic founder Sir Richard Branson sold almost $300 million worth of his shares in the space tourism company this week as he continued to shave his stake in the …
Read MoreBy Elisa Flying taxi developer Archer Aviation is seeking $1 billion in damages from Wisk Aero, a rival backed by Boeing and Google co-founder Larry Page’s Kitty Hawk Corp., according to a …
Read More By Feuer Hackers have made off with more than $600 million in various cryptocurrencies, likely the largest heist ever in the burgeoning world of decentralized finance. The hackers targeted PolyNetwork, …
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By Feuer Tesla CEO Elon Musk received almost $6.7 billion in compensation in 2020 – earning the tech entrepreneur over 11 times more than the country’s next highest-paid chief executive, …
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By Feuer Chinese e-commerce giant Alibaba said Monday it has fired a manager who was accused of rape by another employee of the company. In addition to the termination, two …
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By Patrick The US had topped 100,000 new COVID-19 cases – its highest daily total since before the vaccine rollout, federal data show. This is the highest rate of infections …
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By Elisa Google co-founder Larry Page has gained New Zealand residency, officials confirmed, stoking debate over whether extremely wealthy people can essentially buy access to the South Pacific country. Immigration …
Read MoreBy Elisa Penn National Gaming will buy Canadian sports-betting firm Score Media and Gaming for nearly $2 billion in cash and stock, the companies said. The deal comes on the heels of …
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By Elisa Amazon said it would not expect US corporate employees to return to the office until next year because of the coronavirus pandemic. The Seattle-based company said it was …
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By Elisa The chairman of the Securities and Exchange Commission said that investors need more protection in the cryptocurrency market, which he said is “rife with fraud, scams and abuse.” …
Read More By Moynihan Shares of the free stock-trading app popped more than 20 percent Tuesday morning despite a lack of news, befuddling traders and drawing comparisons to the wild movements of …
Read MoreBy Wayt As the Taliban sweep across Afghanistan, some members of the Islamist terrorist group are apparently making time to log on to Clubhouse, a trendy audio-based social media app. …
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By Wayt Apple has banned a dating and friendship app for unvaccinated people from its App Store – but the so-called “Tinder for anti-vaxxers” is still available on Android devices. …
Read MoreBy Patrick A Louisiana millionaire admitted to planning the kidnapping of his estranged wife – after his two hired henchmen drowned while trying to evade authorities, botching the plot. Lawrence …
Read MoreBy Feuer The ex and soon-to-be ex of two of the richest men in the world are teaming up to give away $40 million to four organizations that promote gender …
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