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Cadillac execs are betting the 'baby Escalade' Vistiq will maintain its strong EV momentum
Nov 16, 2024, 12:26 PM
GM’s Cadillac took the veil off its latest creation, the Vistiq three-row EV SUV. The luxury brand is betting another addition to its EV lineup is what its high-income buyers are looking for.
Ex-Officer of Detroit Nonprofit Pleads Guilty to Stealing More Than $40 Million - The New York Times
William A. Smith, the former chief financial officer for the Detroit Riverfront Conservancy, was accused of embezzling funds meant to support efforts to beautify the city’s waterfront.
UK Pizza Hut to raise funds after Budget tax hikes
Nov 16, 2024, 3:31 PM
The money could come from a sale of part of the business, or new investment from existing shareholders.
Elon Musk endorses Trump's transition co-chair Howard Lutnick for Treasury secretary
Nov 16, 2024, 3:33 PM
Elon Musk posted on X his endorsement of the billionaire CEO of Cantor Fitzgerald on Saturday.
Can Donald Trump 'save TikTok'? The clock is ticking.
Nov 16, 2024, 11:00 AM
Donald Trump pledged to "save TikTok," but a required divestment of the app is set to take effect the day before he moves into the Oval Office. A D.C. court case will determine what happens next.
How to protect your portfolio against risks tied to President-elect Trump's tariff agenda
Nov 16, 2024, 11:00 AM
Astoria Portfolio Advisors CEO John Davi said he thinks the new administration's policies could be "very inflationary."
How Elon Musk Cuts Costs at Tesla, SpaceX and X
Nov 16, 2024, 12:00 AM
Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. government.
Netflix Livestream Outages Reported During Mike Tyson-Jake Paul Fight
Nov 16, 2024, 12:27 AM
Users across the U.S. reported being unable to load the high-profile boxing match.
The weight-loss frenzy is making some pharma stocks much more volatile. Will the drama continue?
Nov 16, 2024, 9:00 AM
The excitement around the new weight-loss industry is overtaking other disease areas and portfolios for publicly traded companies.
What Can the Department of Government Efficiency Do?
Nov 16, 2024, 8:00 AM
President-elect Trump has indicated the entity will operate outside the government, a position that comes with legal limits.
Chart of the Week: Strong forecasts, weak conviction
Nov 16, 2024, 7:46 AM
We’re less than two weeks removed from Donald Trump’s second presidential election win, and investors, economists, and citizens alike are still trying to figure out what it all means.
Their Lives Were Bound by a Fraud Case; Their Fates by a Sinking Yacht
Nov 16, 2024, 5:00 AM
Mike Lynch and Christopher Morvillo spent 12 years together fighting a legal battle over two continents. Their victory celebration ended in tragedy.