News
MBIA Declares Special Dividend
MBIA announces a special dividend of $8 per share, leading to a cash payment of $409 million. Shares surge by 56% after-hours.
The Bank of Canada's Concerns over Inflation
Bank of Canada expresses concerns over inflation progress and is cautious about rate cuts. Further observations needed. November's inflation data set to be rele...
PDD Challenges Alibaba and US Rivals with Impressive Growth
PDD, the parent company of Pinduoduo and Temu, is making waves in the online retail industry by challenging Alibaba and gaining ground against US rivals.
Range Anxiety: A Solution on the Horizon
Stellantis and Ample have partnered to tackle range anxiety by developing a method to fully charge an EV battery in less than five minutes using battery swappin...
GameStop Reports Better-Than-Expected Q3 Earnings
GameStop reports better-than-expected Q3 earnings, with a net loss improvement and solid revenue in the face of retail challenges. Strategic approach and strong...
Lawsuit Filed Over Alleged Title IX Violations in University of Oregon Athletic Department
A lawsuit has been filed against the University of Oregon athletic department, claiming Title IX violations and addressing the impact of NIL on gender equity in...
Cryptocurrency Market Update
Most large cryptocurrencies experienced gains, with Dogecoin leading the way with an 8.34% increase. Other cryptocurrencies also saw increases, while two experi...
McDonald's Set to Open 10,000 New Restaurants in Rapid Expansion
McDonald's plans to open 10,000 new restaurants and attract 250 million users to its loyalty program. The company aims to operate 50,000 stores by 2027.
The Productivity Surge: A Sign of Hope Amid Uncertainty
The productivity of American workers has experienced a significant boost, with a revised 5.2% annual rate increase in the third quarter. This could lead to decr...
Exxon Mobil Outlines Strategic Initiatives
Exxon Mobil announces strategic initiatives to drive growth, including increasing earnings, reducing costs, addressing emissions, and boosting oil and gas produ...