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…
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Investors have been dumping shares in Chinese drone maker EHang, after a short-seller accused the US-listed company of fraud. Shares of the…
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On Thursday, the US House Financial Services Committee will grill the chief executives of Robinhood and other companies involved in last…
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New York is taking Amazon to court over claims that the company has failed to provide sufficient protections for its workers during the Covid-19…
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ATLANTIC CITY, New Jersey — A spot on the Atlantic City Boardwalk where movie stars, athletes and rock stars used to party — and a future…
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The 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…
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Wendy’s is heating up the fried chicken sandwich wars — quite literally this time. The newest entrant into the poultry clash is a Jalapeño…
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Investors are dumping shares in Chinese drone maker EHang, after a short-seller accused the US-listed company of fraud. Shares of the Nasdaq-listed…
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Applebee’s is launching a new online-only brand. The main menu item? Cheeto-flavored wings. Customers can start ordering from Cosmic Wings,…
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Americans are spending less on their credit cards since the pandemic started. But, unlike other economic data points that are inching towards…
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After committing one of the “biggest blunders in banking history,” Citibank won’t be allowed to recover the almost half a billion…
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CNN 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…
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Early in the pandemic, Jane Cox Childress brought her teenage son warm cookies at his desk during a remote learning session. She received a text…
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Many investors are increasingly hesitant to hold shares of oil and gas companies as a global energy transition gathers steam. Not Warren Buffett.…
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Burger 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…
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Retail sales increased last month, the Commerce Department said Wednesday, marking their first increase since September. Retail sales grew 5.3% in…
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Nestlé will sell its North American bottled water business, including Poland Spring, Deer Park, Ozarka and Arrowhead, in a $4.3 billion deal as it…
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Jeff Bezos has reclaimed his title of world’s richest person, ending Elon Musk’s roughly six-week reign atop the list. Musk lost about…
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It 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…
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BRUSSELS (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…
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DALLAS, Texas — A deep freeze has sent Texas electricity prices soaring 10,000%. Let’s get into it. FROZEN OVER Unthinkably cold…
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Sony’s PlayStation 5 has been hugely popular — and hard for consumers to get their hands on — since it was released last fall. But not…
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HOUSTON, Texas — Some of the warmest places in Texas, where rolling power outages are occurring across the chilly state, are inside cars and…
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Marriott International’s president and CEO Arne Sorenson died Monday following a nearly two-year battle with pancreatic cancer, the hotel chain…
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ODESSA, Texas — Even mighty Texas, the energy powerhouse of America, is feeling the wrath of Mother Nature. A deep freeze this week in the Lone…
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SpaceX delivered its 19th large batch of Starlink internet satellites into orbit on Monday evening, but in a rare misstep, the first-stage rocket…
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Ford 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…
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Chinese 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…
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Adidas says it will offload struggling US fitness brand Reebok as part of a strategic overhaul. The German sportswear company said in a statement on…
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At this point, there’s nothing particularly special about a fast food chain announcing a new fried chicken sandwich. So, McDonald’s is…
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Parler, 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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