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Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Brazil’s economic activity surprises negatively with 2% decline in May By Reuters

© Reuters. FILE PHOTO: Brazil’s Economy Minister Fernando Haddad greets President Luiz Inacio Lula da Silva during a meeting to sign the government’s economic package at the Planalto Palace

Cathie Wood's ARK Writes Down Twitter Stake by 47%
Finances

Cathie Wood's ARK Writes Down Twitter Stake by 47%

Wood is still bullish on Twitter’s long-term outlook and said her fund updates its internal valuations of private companies frequently. Source link

Big Banks' Earnings Had Some Bad News for Smaller Banks
Finances

Big Banks' Earnings Had Some Bad News for Smaller Banks

Regional lenders due to report results this week will likely be hit harder by rising deposit costs. Source link

Binance Cuts Back Employee Benefits, Citing Decline in Profit
Finances

Binance Cuts Back Employee Benefits, Citing Decline in Profit

The company told staffers that it would stop offering mobile-phone reimbursement, fitness reimbursement and work-from-home expenses, among other items. Source link

Hargreaves Lansdown issues statement on Chair succession
Finances

Hargreaves Lansdown issues statement on Chair succession

UK direct-to-investor investment and online trading firm Hargreaves Lansdown PLC (LON:HL) today issued a brief statement regarding its Chair succession. The company said: “The Board

Zip appoints Andy Stearns Senior VP and Head of Merchant Business
Finances

Zip appoints Andy Stearns Senior VP and Head of Merchant Business

Global digital payments innovator Zip Co Limited today announced the appointment of Andy Stearns as Senior Vice President and Head of Merchant Business, starting immediately,

Finances

World economy in a difficult place but not destined to stay there

© Reuters. World Bank President Ajay Banga looks on after his visit to Vidya Samiksha Kendra at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave GANDHINAGAR,

The credit crunch the Fed fears may already be taking shape By Reuters
Finances

Big Tech takes the stage By Investing.com

© Reuters Dow Jones, Nasdaq, S&P 500 weekly preview: Big Tech takes the stage  hit fresh 15-month highs last week before the bulls managed to

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Russian inflation expectations jump to 11.1% with rate decision imminent By Reuters

© Reuters. FILE PHOTO: A customer pays with Russian rouble banknotes at a market in Saint Petersburg, Russia July 9, 2023. REUTERS/Anton Vaganov/File Photo MOSCOW (Reuters) –

StoneX launches StoneX Bullion, rebranded version of coininvest
Finances

StoneX launches StoneX Bullion, rebranded version of coininvest

StoneX Group Inc announced today the launch of StoneX Bullion, the rebranded version of coininvest. StoneX Bullion provides a marketplace for individuals to buy, sell,