Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
SHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will…
Netflix to stream Christmas Day NFL games for three years
Netflix will stream Christmas Day National Football League games for the next three years, in its first true step into…
AMC completes $250 million stock sale during meme rally, shares jump 30%
AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze…
Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
OMAHA, Neb. — A 24-inch tall, bronze bust sculpture of the late Charlie Munger became a conversation piece for guests…
Target says Pride collection will appear in ‘select’ stores, cuts LGBTQ apparel for kids
Target will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed for…
Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86
Jim Simons, a mathematician who founded the most successful quantitative hedge fund of all time, passed away on Friday in…
Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term
Billionaire investor Stanley Druckenmiller revealed Tuesday that he slashed his big bet in chipmaker Nvidia earlier this year, saying the swift…
Israel orders Al Jazeera to close its local operation and seizes some of its equipment
Israel ordered the local offices of Qatar’s Al Jazeera satellite news network to close Sunday, escalating a long-running feud between…
Buffett says Berkshire sold its entire Paramount stake: ‘We lost quite a bit of money’
OMAHA, Neb. — Warren Buffett revealed that he dumped Berkshire Hathaway’s entire Paramount stake at a loss. “I was 100%…
