Newly unsealed correspondence contradicts CEO's prior statements, sparking investor concern amid broader challenges for the electric vehicle maker.
Peoples Financial Services Corp. (PFIS) has announced that President Thomas P. Tulaney will retire in April 2026. CEO Gerard A. Chambi is expected to assume the president role, with Tulaney transitioning to a senior advisory position to ensure continuity.
The latest partial government shutdown has forced a delay in the highly anticipated January employment data, marking a recurring disruption to the nation's economic indicators and leaving markets and policymakers in the dark.
Arabica futures edge higher on technical moves, while robusta prices tumble as favorable weather in Brazil and surging Vietnamese exports point to ample supplies, pressuring the market.
A sweeping federal mandate now requires leak monitoring and repair for appliances containing as little as 15 pounds of HFCs, significantly lowering the previous threshold and placing new operational burdens on countless facilities.
Thai military officials have revealed a massive cache of evidence, including scam scripts and fake police setups, seized from a contested border compound in Cambodia, shedding light on the scale of transnational cyber fraud operations in the region.
The United States is conducting multi-day air force exercises in the Middle East, showcasing rapid deployment capabilities, as former President Donald Trump renews threats of military action against Iran unless it returns to nuclear negotiations. The drills occur against a backdrop of heightened rhetoric and regional unease.
Investment firm FSC Wealth Advisors sold approximately $6 million worth of the First Trust Enhanced Short Maturity ETF (FTSM) in late January, part of a broader reduction in fixed-income and equity ETF exposures as the bull market enters its fourth year.
A coalition of New York prosecutors warns that the landmark GENIUS Act, celebrated as a regulatory breakthrough for stablecoins, lacks critical consumer protections, potentially allowing issuers to financially benefit from frozen or disputed funds while victims struggle for restitution.
The surge in popularity of weight-loss drugs like Ozempic and Wegovy is sending shockwaves far beyond the pharmacy, fundamentally altering consumer spending, challenging major corporations, and forcing a broad economic recalibration.
Capital Management Corp's significant stake increase in investment bank Moelis & Company is being viewed by market observers as a strategic wager on a potential rebound in mergers and acquisitions activity.
The Delaware Supreme Court has dramatically reduced the legal fees awarded to attorneys in a shareholder lawsuit against Tesla's board, cutting the sum from $176.1 million to $70.9 million. The ruling, which cited an overvaluation of the settlement, prompted a pointed response from CEO Elon Musk.
Starbucks returns to Super Bowl weekend with a cinematic pre-game spot celebrating its role as Team USA's coffee partner, blending Italian film aesthetics with Olympic grandeur to drive its brand turnaround narrative.
Hercules Capital (HTGC), a key lender to venture-backed companies, appears significantly undervalued by traditional metrics. With shares trading at a discount to intrinsic value and below peer multiples, the market may be overlooking its strategic role and earnings potential.
Sportradar Group's (SRAD) shares have tumbled over 20% in the past month, pushing the sports data giant back into the spotlight. With a stark disconnect between its current price and some bullish fair value estimates, investors are debating whether this is a moment of weakness or a warning signal.
Crude oil and gasoline futures tumbled sharply on Thursday, pressured by a surging U.S. dollar and signs of diplomatic progress between the U.S. and Iran. The sell-off erases recent geopolitical risk premiums, with increased supply from Venezuela adding further downward momentum.
Shares of the casino operator have pulled back from a four-year high in December, but a historically reliable long-term trendline suggests potential upside ahead of Thursday's earnings release.
Bitcoin found a fragile footing on Monday following a sharp sell-off, yet strategists caution the broader decline is not over as investor appetite to 'buy the dip' appears weak.
Market participants on prediction platform Myriad now assign a 68% probability to Bitcoin revisiting the $69,000 level, reflecting a significant shift towards bearishness as the cryptocurrency grapples with macroeconomic uncertainty.
OpenAI has released a mobile application for its Codex AI coding assistant, aiming to capture market share in the competitive and fast-growing field of AI-powered software development. The move signals a strategic push to make its tools more accessible and user-friendly.
