Activist investor Jana discloses ‘significant’ stake in Wolfspeed, urges semiconductor manufacturer to consider sale
Activist investor Jana Partners has built a “significant” position in semiconductor firm Wolfspeed, according to a letter to Wolfspeed’s board viewed by CNBC.
This small town in France is selling a house for 1 euro—applications are open, but there’s a catch
The French town of Saint-Amand-Montrond estimates that renovating the property will cost around $136,180 USD.
Tesla shares slide to 15-month low ahead of earnings, as Wall Street frets over price cuts, layoffs
Tesla’s stock dropped for a seventh straight day on Monday, ahead of a highly anticipated earnings report from the electric vehicle company.
Steer clear of Apple ahead of earnings, tech investor Dan Niles says
Tech investor Dan Niles said Apple’s troubling fundamentals don’t justify its valuation on a longer-term basis.
Buckle up. These stocks could see big moves in reaction to earnings this week
Several stocks are poised for big swings in share price after the release of their latest results, according to the options market.
Amazon ends drone program in California, plans to start deliveries in Arizona later this year
Amazon has been slow to expand Prime Air program since founder Jeff Bezos first sketched out his vision for drone deliveries in 2013.
What investors should know about the UAW’s organizing drive of VW
The historic vote could have wide-ranging impacts on other automakers, organized labor and the overall U.S. automotive industry.
Delta Air Lines gives staff another 5% raise, hikes starting wages to $19 an hour
Delta is the country’s most profitable airline and has repeatedly lifted staff pay.
EU threatens to suspend TikTok Lite’s money-for-views program over addiction fears
The European Union on Monday opened proceedings against ByteDance’s TikTok and threatened to suspend its newly launched TikTok Lite rewards program.
Global military spending hit all-time high in 2023 after 7% jump, report finds
Global military spending reached a fresh record high in 2023, totaling $2.4 trillion, a report by the Stockholm International Peace Research Institute said.
