A Canadian vehicle company has been finding pretty substantial success so far during Wednesday’s session after the company announced that it has reached an agreement with its secured lender to execute a workout and financial restructuring plan to address the previously announced demands from Royal Bank of Canada and Export Development Canada in respect of […]

• August 21, 2024 12:35 PM PDT
• Invezz

In the ongoing battle against wokeness, Harley-Davidson shifts away from woke policies. Which company will be next?

• August 21, 2024 12:16 PM PDT
• Invezz

Strategic Shift in China Walmart (NYSE:WMT) is overhauling its approach to the Chinese market by selling its entire $3.74 billion stake in JD.com (NASDAQ:JD), a major Chinese e-commerce firm. This move marks a significant departure from its previous strategy and reflects the broader trend of the retailer’s withdrawal from markets where it has struggled with […]

• August 21, 2024 12:03 PM PDT
• Invezz

Ondo Finance (ONDO), a prominent player in the real-world asset (RWA) digitization sector, is currently navigating turbulent waters as enthusiasm around RWA projects wanes. According to a recent analysis by Kaiko Research, which specializes in crypto market data, Ondo Finance is showing signs of declining momentum. This slowdown is attributed to a broader trend affecting […]

• August 21, 2024 12:01 PM PDT
• Invezz

FORT WORTH, Texas (AP) — American Airlines is suspending flights to Israel through late March, extending a break in service that started in the early days of the war in Gaza. A spokesperson for the ai...

• August 21, 2024 12:00 PM PDT
• EODHD

Core Scientific (NASDAQ: CORZ), a leader in digital infrastructure for bitcoin mining and high-performance computing, has repaid a total of $267 million in debt with proceeds from its recently closed convertible senior notes issue. According to the announcement, the company repaid $150 million in secured notes, $61 million in an exit facility and $56 million […]

• August 21, 2024 11:44 AM PDT
• Invezz

Key Speech at Jackson Hole Federal Reserve Chair Jerome Powell is set to address a critical juncture in the Fed’s inflation strategy this Friday at the annual Jackson Hole Economic Policy Symposium. His anticipated speech will likely outline the central bank’s plans for an interest-rate cut while aiming to assure investors of the Fed’s capability […]

• August 21, 2024 11:28 AM PDT
• Invezz

Japan Tobacco Inc. (JT Group) has reached an agreement to acquire Vector Group Ltd., a discount cigarette manufacturer, for approximately $2.4 billion. This strategic move aims to enhance JT's presence in the US market, especially after the conflict in Ru...

• August 21, 2024 11:27 AM PDT
• Team Kalkine Media

Musk's potential inclusion in a Trump cabinet raises questions about the future of Tesla and the broader EV market. What are the implications for the EV market and can Trump keep both oil and EV companies happy?

• August 21, 2024 11:21 AM PDT
• Invezz

• August 21, 2024 11:18 AM PDT
• Invezz