Tesla has officially launched the Model YL, a new, larger Model Y with 6 seats, in China, and it starts at 339,000 Chinese Yuan, the equivalent of about $47,000 USD. After a few weeks of teasing, Tesla has officially launched…
The Federal Trade Commission filed a lawsuit against a Maryland-based ticket resale company on Monday, alleging that the company broke federal law to obtain hundreds of thousands of tickets to Taylor Swift‘s Eras tour and other major concerts and scalp…
TOKYO & SANTA CLARA, Calif.–(BUSINESS WIRE)– SoftBank Group Corp. (TOKYO: 9984, “SoftBank”) and Intel Corporation (Nasdaq: INTC) today announced their signing of a definitive securities purchase agreement, under which SoftBank will make a $2…
SoftBank will invest $2 billion into Intel, chipmaker’s shares rise Japanese conglomerate SoftBank will invest $2 billion into Intel, according to an announcement from the two companies. SoftBank will pay $23 per share of Intel’s common stock. The chipmaker’s shares…
A ticket-reselling operation used a network of fake accounts to bypass Ticketmaster’s security protocols to grab hundreds of thousands of tickets to hugely popular tours for artists like Taylor Swift and Bruce Springsteen and then re-sold them for millions, federal…
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Three Scenarios for Powell’s Speech Later This Week 25 minutes ago Wall Street will be listening closely to Federal Reserve Chair Jerome Powell’s speech Friday at the Jackson Hole economic policy summit, where he could signal whether the central bank…
An Australian court has fined airline giant Qantas A$90m (£43m; $59m) for illegally sacking more than 1,800 ground workers during the Covid-19 pandemic. Australia’s Transport Workers’ Union said it welcomed the ruling, which it said marked the largest employer penalty…
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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 12, 2025. Brendan McDermid | Reuters Stock futures traded slightly higher Sunday evening after hopes for lower interest rates fueled a winning…
All eyes will turn to Federal Reserve Chairman Jerome Powell on Friday, when he is scheduled to deliver a highly anticipated speech at a central bank conference in Jackson Hole, Wyo. The annual event previously has served as an opportunity…