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business news

Rivian shares are set to pop more than 35% as outlook for EV maker improves, Wedbush says

by Horatio Thompson
Rivian shares are set to pop more than 35% as outlook for EV maker improves, Wedbush says

The Rivian story is “finally” turning around after several difficult quarters, according to Wedbush. “We believe after a number of ‘one step forward, two steps back’ excuses for Rivian and …

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Meta’s Twitter rival Threads explodes to 70 million signups

by Walter Watson
Meta’s Twitter rival Threads explodes to 70 million signups

In this photo illustration, the Threads logo by META is displayed on a smartphone with Twitter logo in the background. Threads is the new social network from Meta Platforms which …

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The best places to eat in Andalusia from Chef Angel Leon

by Franz Hernandez
The best places to eat in Andalusia from Chef Angel Leon

Travelers looking for a three-Michelin-starred meal in Andalusia will inevitably end up at Aponiente. It’s the only restaurant in the region with the distinction.   The restaurant, located in the heart …

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Fed’s Goolsbee sees ‘golden path’ to lower inflation without a recession

by Ron Morgan
Fed’s Goolsbee sees ‘golden path’ to lower inflation without a recession

Chicago Federal Reserve President Austan Goolsbee said Friday he’s confident inflation can be tamed without a recession, even with additional interest rate increases likely. Speaking to CNBC following the release …

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Special counsel spent $5.4 million on Trump probes through March

by Vera Ward
Special counsel spent .4 million on Trump probes through March

Special Counsel Jack Smith arrives to speak to the press at the US Department of Justice in Washington, DC, on June 9, 2023, announcing the unsealing of the indictment against …

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End of an era as last Fiesta rolls off production line

by Horatio Thompson
End of an era as last Fiesta rolls off production line

Ford Fiestas pictured at a facility in Cologne, Germany, on Feb. 14, 2023. Alex Kraus | Bloomberg | Getty Images The last Ford Fiesta is set to roll off the …

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Alzheimer’s drug Leqembi sales may be slow at first: Analysts

by Akin Smith
Alzheimer’s drug Leqembi sales may be slow at first: Analysts

Jay Reinstein, who suffers from Alzheimer’s, receives an injection so he can have a PET scan at MedStar Georgetown University Hospital in Washington, DC on June 20, 2023. Michael Robinson …

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Qatar Airways reports record revenues, bolstered by FIFA World Cup

by Franz Hernandez
Qatar Airways reports record revenues, bolstered by FIFA World Cup

Qatar Airways logo is seen on a plane model. Nurphoto | Nurphoto | Getty Images Qatar Airways announced record annual revenue Thursday after the company’s finances were bolstered by the …

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Venture Capitalists Withheld Billions From Startups — Here’s Why

by Edgar Davis
Venture Capitalists Withheld Billions From Startups — Here’s Why

Venture capital can be critical for a company’s growth across many different stages — but the funds aren’t flowing as freely as they once did. U.S. investors backed 3,011 startup …

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Hyundai overtakes GM, but Tesla’s U.S. dominance continues

by Anas Siddiqui
Hyundai overtakes GM, but Tesla’s U.S. dominance continues

A Tesla Model Y is seen on a Tesla car lot on May 31, 2023 in Austin, Texas. Tesla’s Model Y has become the world’s best selling car in the …

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