John Stankey, who played a central role in AT&T’s push into entertainment before shedding of those money-losing assets as CEO, signaled a new day in his opening remarks at the company’s investor … [+1807 chars]
Treasury Secretary Janet Yellen warned there could be another year of high inflation amid the uncertainty caused by the invasion of Ukraine. Prices have soared at their fastest pace in 40 years over … [+2827 chars]
LONDON, March 11 (Reuters) - The cost of Russia's invasion of Ukraine will become a lot clearer next week, with a previously unthinkable sovereign default looming, more emergency central bank measure… [+3525 chars]
Power outages aren't exactly rare in Northern California. In the coming months, residents who own a compatible electric vehicle such as the Ford F-150 Lightning will effectively be able to use it… [+671 chars]
Ta-da! Discovery just announced that its stockholders have approved its merger with AT&T’s WarnerMedia to create Warner Bros. Discovery, “a premier, global entertainment company” — marking the co… [+2838 chars]
Brent crude fluctuated at the end of a volatile week as Russias war in Ukraine kept markets on edge and talks on an Iranian nuclear deal stalled. Futures in London added 0.7% on Friday, the smallest… [+2438 chars]
The car industry's most recent supply chain struggles are proving to be bad news for Rivian order-holders and stockholders alike. In its Q4 2021 recap letter, Rivian says it expects to produce 25,000… [+2956 chars]
Flights between Europe and Asia in particular have to be rerouted, adding three to four hours to some routes and requiring more fuel just as the war pushes oil prices to record highs. Russian carrie… [+1411 chars]
Shares of DocuSign Inc. fell 20% Friday, wiping out the stocks pandemic-era gains, after the e-signature software maker released softer-than-expected guidance for its fiscal 2023. The company said T… [+177 chars]
Deutsche Bank has joined JPMorgan Chase and Goldman Sachs in winding down its business in Russia following the country's invasion of Ukraine. "We condemn the Russian invasion of Ukraine in the stro… [+3274 chars]
Get ready for stagflation light. Headlines about stagflation are everywhere, and the flation part of the equation is pretty obvious. Februarys consumer price index arrived this past week, and it was… [+262 chars]
BlackRock, the world’s largest asset manager, has taken about $17bn in losses on its Russian securities holdings because of the attack on Ukraine. Clients held more than $18.2bn in Russian assets at… [+2489 chars]