Beijing's Efforts to Stabilize Stock Market Fall Short
Chinese stocks have lost $6 trillion in market capitalization as investors worry about the property market and economic recovery. Measures to stabilize the market are necessary.
The Federal Reserve's Dilemma: To Cut or Not to Cut?
Investor Steve Eisman believes rate cuts from the Federal Reserve are unnecessary and cutting rates now could reignite inflation. The Federal Reserve remains cautious.
Vanda Pharmaceuticals Notified of Deficiencies in Hetlioz Application
Vanda Pharmaceuticals notified by FDA of deficiencies in Hetlioz application for insomnia treatment. The company challenges FDA's timeline and generic approvals.
Caterpillar Inc. Reports Strong Q4 Results
Caterpillar Inc. reports impressive Q4 results with increased net income, revenue, and operating profit margin
Red 5 and Silver Lake Resources Agree to Merge
Red 5 and Silver Lake Resources are merging to create a new mid-tier gold company, positioning themselves for future growth. The merger will result in a strong financial position and production potential of approximately 445,000 troy ounces...
Tesla Stock Declines in Early Trading
Tesla stock declines in early trading, not due to recalls. Real reason behind the weakness is underperformance in earnings and legal disputes. Tesla faces a hazardous waste mishandling dispute, sluggish sales in China, production hindrance...
Vehicle Explosion Causes Devastating Fire in Nairobi
A tragic incident occurred in Nairobi, Kenya's capital, in the early morning hours of Friday. A vehicle loaded with gas exploded, triggering a massive inferno that engulfed homes and warehouses.
Real Estate Brokerage Settles Agent Commission Lawsuits
Keller Williams Realty Inc. agrees to $70 million settlement in agent commission lawsuits, aiming to increase transparency and bring stability to the industry.
Chevron's Struggles in 2023: Can They Turn It Around?
Chevron's struggles in 2023 due to operational setbacks and declining oil prices. Investors await Q4 earnings report to see if company can address issues and achieve growth targets.
Three Earnings Reports Worth a Closer Look
Explore the earnings reports of Corteva, Aptiv, and Trane to uncover valuable insights for investors in 2024.