Elon Musk has called New York City's election a 'scam', claiming the ballot design was rigged. His post instantly went viral, but the internet had plenty to say in response.
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Bill Ackman's Bet on Beleaguered Hertz is Up 90% as Stock Jumps 35% After First Profits in Two Years
Bill Ackman's Pershing Square has bought over 15.2 million Hertz shares since Q4 2024, with profits exceeding 90% after the company reports its first profits in two years.
Warren Buffett's $107M Q2 Investment in Door Security Tech Company Allegion has Already Gained 20%
Berkshire Hathaway's Q2 investment in Allegion has yielded 20% profit, driven by global expansion, strong Q3 results, and effective tariff management, boosting investor confidence.
Value Meals Boost McDonald's Sales, Yet Earnings Fall Short of Forecasts
McDonald's Q3 sales rose on strong value meal demand, but earnings missed expectations as inflation kept customers dining out less.
Starbucks Baristas Vote to Authorize Major Strike Ahead of Holiday Season
Starbucks baristas voted to authorize a major strike ahead of the busy holiday season, demanding fair contracts and better working conditions.
Latest News
MacKenzie Scott, ex-wife of Jeff Bezos, cuts her Amazon stake by £9.6B and donates billions to various causes. Find out where she donated.
Investors are cautious as soaring AI and cloud infrastructure spending by tech giants sparks fears of a bubble similar to the dotcom crash of 2000.
Amazon called out AI-centred startup Perplexity for its shady online shopping methods.
Sephora's Christmas ad with Mariah Carey faces boycott calls over a "tone-deaf" elf strike scene and fresh backlash tied to the Huda Beauty 9/11 scandal.
The chairman of HYBE, Bang Si-hyuk, has undergone another round of police questioning over stock manipulation accusations.
Global markets tumble as Asian chipmakers trigger a $500 billion sell-off in AI and semiconductor stocks, fuelling fears of an overheated tech bubble and renewed investor caution.
Major UK lenders have cut mortgage rates ahead of the Bank of England's upcoming decision, igniting a competitive mortgage market just days before the MPC meeting.
Apollo Global drops $64-per-share Papa John's takeover plan as consumer spending slows and restaurant demand weakens.
Norway's $2 trillion wealth fund opposes Elon Musk's $1 trillion Tesla pay plan, citing concerns over its size and shareholder impact.
