Ripple to launch U.S. dollar stablecoin, taking on a $150 billion market dominated by Tether, Circle
Blockchain firm Ripple said it’s launching a U.S. dollar stablecoin, marking an entry into the $150 billion stablecoin market.
Ford to delay all-electric SUV, truck to focus on offering hybrid vehicles across its lineup by 2030
The Detroit automaker said it will continue to invest in EVs, including the three-row SUV, but it is postponing its production to allow the market to mature.
Cocoa and coffee prices have soared to record highs — and Citi says there may still be room to run
Citi says a record-breaking rally for both cocoa and coffee prices could yet have further room to run.
Who put up Trump’s $175 million bond? A subprime car loan billionaire who has run afoul of regulators
Don Hankey made a fortune building a subprime auto loan empire. Along the way, his companies racked up consumer complaints, regulatory fines and were sued by the DOJ.
Disney beat back activist investor Nelson Peltz. Now the real work begins
Disney CEO Bob Iger has a year to show investors they were right to back him and the board over Trian Partners’ Nelson Peltz.
Trump Media is the most expensive U.S. stock to short — by far
Trump Media, whose biggest shareholder is former President Donald Trump, is a hot stock for buyers,and sellers, after recently going public.
Apple says App Store and other services are back online after an outage
Apple’s digital storefront, a source of high-value sales in the company’s Services business, encountered downtime Wednesday, prompting social media complaints.
Elon Musk and X sued by ex-Twitter GM Nick Caldwell over millions in unpaid severance
Former Twitter exec Nick Caldwell is suing Elon Musk and X over unpaid severance, and alleging a breach of contract.
Here are the top investment ideas out of the Sohn conference, including an e-commerce play
The 2024 Sohn Investment Conference took place in New York took place Wednesday, with a slew of hedge fund managers highlighting their top ideas.
Trump loses late bid to delay New York hush money trial
Donald Trump, the presumptive Republican presidential nominee, is charged with falsifying business records related to a payoff to porn star Stormy Daniels.
