
Chinese drone company EHang’s shares plunged 63% after fraud claim
Investors have been dumping shares in Chinese drone maker EHang, after a short-seller accused the US-listed company of fraud. Shares of the…
Continue ReadingInvestors have been dumping shares in Chinese drone maker EHang, after a short-seller accused the US-listed company of fraud. Shares of the…
Continue ReadingOn Thursday, the US House Financial Services Committee will grill the chief executives of Robinhood and other companies involved in last…
Continue ReadingNew York is taking Amazon to court over claims that the company has failed to provide sufficient protections for its workers during the Covid-19…
Continue ReadingATLANTIC CITY, New Jersey — A spot on the Atlantic City Boardwalk where movie stars, athletes and rock stars used to party — and a future…
Continue ReadingThe Trump Plaza Hotel and Casino in Atlantic City has been demolished, ending a nearly 40-year run at the New Jersey shore. Trump Plaza opened in…
Continue ReadingWendy’s is heating up the fried chicken sandwich wars — quite literally this time. The newest entrant into the poultry clash is a Jalapeño…
Continue ReadingInvestors are dumping shares in Chinese drone maker EHang, after a short-seller accused the US-listed company of fraud. Shares of the Nasdaq-listed…
Continue ReadingApplebee’s is launching a new online-only brand. The main menu item? Cheeto-flavored wings. Customers can start ordering from Cosmic Wings,…
Continue ReadingAmericans are spending less on their credit cards since the pandemic started. But, unlike other economic data points that are inching towards…
Continue ReadingAfter committing one of the “biggest blunders in banking history,” Citibank won’t be allowed to recover the almost half a billion…
Continue ReadingCNN is making a series of programming changes in April, starting with a move to the mornings by Brianna Keilar. The new schedule was announced on…
Continue ReadingEarly in the pandemic, Jane Cox Childress brought her teenage son warm cookies at his desk during a remote learning session. She received a text…
Continue ReadingMany investors are increasingly hesitant to hold shares of oil and gas companies as a global energy transition gathers steam. Not Warren Buffett.…
Continue ReadingBurger King doesn’t want to come out a loser in fast food’s chicken sandwich wars. So it’s planning an upgrade. The chain said…
Continue ReadingRetail sales increased last month, the Commerce Department said Wednesday, marking their first increase since September. Retail sales grew 5.3% in…
Continue ReadingNestlé will sell its North American bottled water business, including Poland Spring, Deer Park, Ozarka and Arrowhead, in a $4.3 billion deal as it…
Continue ReadingJeff Bezos has reclaimed his title of world’s richest person, ending Elon Musk’s roughly six-week reign atop the list. Musk lost about…
Continue ReadingIt appears that Warren Buffett is souring on the financial sector’s prospects, and that the Oracle of Omaha also has a newfound interest in Big…
Continue ReadingBRUSSELS (AP) — The European Union announced that it has agreed to buy a further 300 million doses of Moderna’s vaccine against Covid-19 and was…
Continue ReadingDALLAS, Texas — A deep freeze has sent Texas electricity prices soaring 10,000%. Let’s get into it. FROZEN OVER Unthinkably cold…
Continue ReadingSony’s PlayStation 5 has been hugely popular — and hard for consumers to get their hands on — since it was released last fall. But not…
Continue ReadingHOUSTON, Texas — Some of the warmest places in Texas, where rolling power outages are occurring across the chilly state, are inside cars and…
Continue ReadingMarriott International’s president and CEO Arne Sorenson died Monday following a nearly two-year battle with pancreatic cancer, the hotel chain…
Continue ReadingODESSA, Texas — Even mighty Texas, the energy powerhouse of America, is feeling the wrath of Mother Nature. A deep freeze this week in the Lone…
Continue ReadingSpaceX delivered its 19th large batch of Starlink internet satellites into orbit on Monday evening, but in a rare misstep, the first-stage rocket…
Continue ReadingFord is shutting its Kansas City assembly plant, which makes its best-selling F-150 pickup, because of a shortage of natural gas caused by severe…
Continue ReadingChinese cinemas are back in business and selling even more tickets than before the pandemic. Local box office takings over the start of the Lunar New…
Continue ReadingAdidas says it will offload struggling US fitness brand Reebok as part of a strategic overhaul. The German sportswear company said in a statement on…
Continue ReadingAt this point, there’s nothing particularly special about a fast food chain announcing a new fried chicken sandwich. So, McDonald’s is…
Continue ReadingParler, the social network favored by conservatives, came back online Monday with a redesigned website one month after it was suspended by Amazon Web…
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