BlackRock’s Larry Fink sees Social Security crisis, says 65 retirement age ‘a bit crazy’
The issue of retirement took center stage in Fink’s letter to shareholders.
How BYD grew from battery maker to electric vehicle juggernaut, overtaking Tesla
Warren Buffett-backed BYD recently became the world’s top EV maker, and has ambitious plans to win over foreign markets with its cost-competitive cars.
Shipping giant Maersk confirms it chartered ship that collided with Baltimore bridge
“We are horrified by what has happened in Baltimore, and our thoughts are with all of those affected,” Maersk said in a statement.
Amazon launches same-day prescription delivery in New York and Los Angeles
Amazon, which rolled out its online pharmacy service in 2020, is adding prescription medications to its roster of same-day delivery items.
10-year Treasury yield slips lower as investors weigh economic data
The 10-year U.S. Treasury yield slipped on Tuesday as investors weighed the previous day’s data points and looked ahead to key inflation figures.
McDonald’s to sell Krispy Kreme doughnuts nationwide by the end of 2026
Krispy Kreme will more than double its distribution to reach McDonald’s restaurants nationwide.
Vacation home co-ownership platform Pacaso expands to lower-priced listings
Pacaso lists shares of vacation homes, generally an eighth but sometimes larger shares, and then facilitates the purchase, including financing if necessary.
Major Baltimore bridge collapses after container ship collision, 6 presumed dead
The bridge carries Interstate 695 across the Patapsco River, southeast of the Baltimore metropolitan area.
Elon Musk requires ‘FSD’ demo for every prospective Tesla buyer in North America
Tesla CEO Elon Musk sent an email to employees on Monday informing them they have to show customers how to use “FSD” before making delivery in North America.
Adam Neumann makes a $500 million bid for WeWork that could hit $900 million if financing and diligence firm up
Adam Neumann has submitted an unsolicited bid in excess of $500 million to acquire WeWork out of bankruptcy, a person familiar with the matter told CNBC.
