Trucks line up to enter the Port of Oakland cargo terminal on November 10, 2021, in…
Category: Economy
Depositors withdraw another $126 billion from US banks
Depositors drained another $126 billion from US banks during the week ending March 22, according to…
Virgin Orbit, Tesla, Nikola, Rumble, Generac and more stock market movers
Virgin Orbit Holdings (stock ticker: VORB) fell 42% in premarket trading to about 19 cents after…
Japan will restrict exports of chipmaking equipment because it is in line with US restrictions imposed by China
TOKYO (Reuters) – Japan said on Friday it would restrict exports of 23 types of semiconductor…
Virgin Orbit has failed to secure financing, and will cease operations and make layoffs
Virgin Orbit has ceased operations “for the foreseeable future” after it failed to secure a financing…
Mammoth meatballs? Cultured meat made from the DNA of extinct animals
A cell-based meat company has resurrected an extinct woolly mammoth — in the shape of a…
Alibaba is considering relinquishing control of some companies in the overall reform
SHANGHAI/HONG KONG, March 30 (Reuters) – Alibaba Group (9988.HK) said on Thursday it would look to…
Amazon AMC buy ‘nonsensical’: Analyst
AMC (AMC) stock closed Wednesday’s trading session down nearly 3% after surging on Tuesday following a…
No, Amazon shouldn’t buy AMC — or any other movie chain
AMC stock rose on Tuesday amid rumors that Amazon may bid for the movie theater chain,…
UBS has appointed Sergio Ermotti as the new CEO of the group, following the acquisition of Credit Suisse
UBS said in a statement Wednesday that Sergio Ermotti will replace current CEO Ralph Hammers, who…