: Alibaba’s Cainiao logistics unit prepping for Hong Kong IPO: report
Alibaba Group Holding Ltd.’s BABA Cainiao logistics unit has started to prepare for an initial public offering in Hong Kong that could occur as soon...
: Google accuses Microsoft of anticompetitive cloud business practices
Alphabet Inc.’s GOOGLGOOG Google Cloud on Thursday accused rival Microsoft Corp. MSFT of anticompetitive cloud-computing practices. The first public comments from Google Cloud Vice President...
: Gold futures settle at highest in more than a year, near $2,000 an ounce
Gold futures finished at their highest in over a year on Thursday, after briefly touching highs above $2,000 an ounce. “Gold continues to find support...
: U.S. Treasury and the Fed fine Wells Fargo $98 mln for inadequate oversight of sanctions compliance
The Federal Reserve and the Treasury Department on Thursday fined Wells Fargo & Co. WFC a combined $97.8 million for “deficient oversight” that allowed the...
Disney blocks Ron DeSantis’ Florida power play with a royal family clause
Florida Gov. Ron DeSantis' attempt to strip Disney of self-governance have been thwarted by a document that invokes the British royal family.
Ford hikes prices on its F-150 Lightning as production resumes after EV battery fire
Ford is resuming production of the F-150 Lightning after a February battery fire forced a halt. It's also raising prices on the popular electric truck...
More home sellers are sitting out of the spring housing market
New listings in March were 20% lower than the same month last year, keeping home prices higher and competition strong.
XTZ price outlook as Mumbai upgrade goes live on Tezos
Tezos price is poised between key suppport around $0.97 and major resistance at $1.28. XTZ bulls could target $2 in April if price breaks higher,...
Banking: Wall Street bonuses fall by the most since 2008 as policy makers mull economic impact
Wall Street bonuses fell 26% in 2022, the largest drop since the 43% slide in 2008, as officials ponder the industry as an economic engine.