Here’s what has driven the Dow rally to 40,000, and why it could keep going
The Dow Jones Industrial Average passing the 40,000 barrier makes for a nice headline, but market experts do not take much else from the move.
World’s top golfer Scottie Scheffler arrested on charges of assaulting officer at PGA championship event
Louisville police arrested Scottie Scheffler ahead of the PGA Championship. The golfer was charged with felony assault on a police officer and reckless driving.
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.
Microsoft’s Mistral partnership avoids merger probe by British regulators
Mistral, a French AI firm founded in 2023, won a 15 million euro, or $16 million, investment from Microsoft earlier this year.
China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments.
Chinese EV maker Xpeng aims to deliver its first flying car in 2026
Xpeng AeroHT, introduced the Land Aircraft Carrier, a large truck with a detachable flying two-seater passenger electric drone inside.
Shares of Cartier owner Richemont climb on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia-Pacific spending waned.
How this L’Oréal exec stays motivated at work even after working at the same company for 30 years
Vismay Sharma, president of L’Oreal SAPMENA, loves his job even after 30 years in the same company. Here’s how he stays motivated.
Steve Jobs’ former intern reflects on working for the tech mogul: ‘I worked 20 yards away from him every day’
Steve Jobs’ former intern is now a tech CEO who sold his company to Google. He attributes much of his success to his time working at NeXT.
China is a ‘critical’ global supplier, full decoupling may be impossible, survey shows
Chinese companies are growing more optimistic about a rise in trade exports as firms show no signs of fully decoupling from China, according to Allianz Trade.
