Tag: FIN
Wall Street ends lower, pausing rally as Powell testimony looms
U.S. stocks softened on Tuesday, closing in negative territory as investors began the holiday-shortened week by taking profits in the wake of a sustained rally amid signs of weakening global demand.
YouTube CEO Wojcicki, one of the first Google employees, steps down
YouTube Chief Executive and one of the first Google employees, Susan Wojcicki, is stepping down from her role at the tech giant that started in her garage nearly 25 years ago, she said in a personal update on the video-sharing platform on Thursday.
Elon Musk says end-2023 'good timing' to find new Twitter head
Twitter Chief Executive Elon Musk said on Wednesday that towards the end of 2023 would be "good timing" to find someone else to run Twitter, when he expects the social media platform to be stable.
Tesla's Elon Musk found not liable in trial over 2018 'funding secured' tweets
A U.S. jury on Friday found Tesla Inc CEO Elon Musk and his company were not liable for misleading investors when Musk tweeted in 2018 that he had "funding secured" to take the electric car company private.
Lebanon devalues official exchange rate by 90%
Lebanon devalued its official exchange rate for the first time in 25 years on Wednesday, weakening it by 90% but still leaving the local currency well below its market value.
What happened to the Hindenburg?
The Hindenburg met it's fiery death in the 1937. This video show the inside of airship and then the events leading up to accident. The Hindenburg is a large...
Musk bullish on Tesla sales as price cuts boost demand
Tesla Inc's aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers' interest.
Spotify to trim 6% of workforce in latest tech layoffs
Spotify Technology SA said on Monday it plans to cut 6% of its workforce and would take a related charge of up to nearly $50 million, adding to the massive layoffs in the technology sector in preparation for a possible recession.
Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI
The job cuts affect 6% of the Google parent's workforce, and follow thousands of layoffs at tech giants who are downsizing after a pandemic-led hiring spree left them flabby in a weak economy.
Davos 2023: Greta Thunberg accuses energy firms of throwing people 'under the bus'
Greta Thunberg called on the global energy industry and its financiers to end all fossil fuel investments on Thursday at a high-profile meeting in Davos with the head of the International Energy Agency (IEA).
Eisai, Biogen receives U.S. FDA approval for Alzheimer's drug, applies for full approval
The drug aims to slow the advance of the neurodegenerative disease. Nearly all previous experimental drugs using the same approach have failed.
Sam Bankman-Fried pleads innocent in the FTX fraud case - October trial set
A judge set an Oct. 2 trial date.
Musk to step down as Twitter CEO once he finds 'someone foolish' enough as successor
Billionaire Elon Musk said on Tuesday he will step down as chief executive of Twitter Inc once he finds a replacement, but will still run some key divisions of the social media platform.
Former PayPal CEO Harris shuts down latest startup weeks after launch
Nirvana Money, a fintech startup founded by former PayPal and Intuit CEO Bill Harris, has shut down less than a month after its launch.
Elon Musk says 'I have too much work on my plate'
Billionaire Elon Musk said on Monday he was working "at the absolute most amount...from morning til night, seven days a week" when asked about his recent acquisition of Twitter and his leadership of automaker Tesla Inc .