Lawyers for two former 21st Century Fox executives accused of bribing South American soccer officials assailed the credibility of the government’s star witness on Friday,…
Elon Musk’s ‘Master Plan’ for Tesla fails to charge up investors
Tesla (NASDAQ:TSLA) Inc’s shares fell 6% premarket on Thursday, after Chief Executive Elon Musk and team’s four-hour presentation failed to impress investors waiting for an…
Nissan’s 2022 contribution to Renault results highest in four years
French carmaker Renault (EPA:RENA), which is revamping its 24-year old alliance with Nissan (OTC:NSANY), said on Thursday the Japanese firm contributed 174 million euros ($187 million) to…
Pandora surges to 10-month high on buyback news
Shares in Pandora (CSE:PNDORA) rose nearly 10% to their highest in 10 months on Wednesday after the Danish jeweler reported fourth-quarter profit ahead of expectations and announced…
Centene quarterly profit beats estimates on Medicare strength
Health insurer Centene (NYSE:CNC) Corp beat fourth-quarter profit estimates on Tuesday, boosted by its government-backed Medicare health insurance business and lower medical costs. The company said its…
Faraday Future shares soar on securing funding to start EV production
Shares of Faraday Future Intelligent Electric Inc soared about 28% in premarket trading on Monday after the company said it had raised enough funds to…
Market wrap Stocks shrug off jobs report in wild end to week
The hackers who claimed responsibility for a disruptive breach at financial data firm ION say a ransom has been paid, although they declined to say…
Merck forecasts sharp drop in COVID antiviral pill sales in 2023
Merck & Co on Thursday forecast a sharp decline in sales of its COVID-19 antiviral pill as the pandemic eases globally. The company estimated sales…
Biden moves to slash U.S. credit card fees, app charges
The White House on Wednesday was due to announce fresh efforts to slash credit card late fees and drive down the prices that Apple Inc…
Hyundai Motor expects solid revenue growth this year
South Korea’s Hyundai Motor Co forecast solid vehicle sales and revenue growth in 2023, easing concerns that a weak global economy may dampen car demand.…