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Updated: 2 hours 50 min ago

VC firms create $60 billion-plus climate tech alliance with backing from the UN

Tue, 04/25/2023 - 06:12
A coalition of more than 20 venture capital firms launched Tuesday with the goal of getting the VC industry to increase its commitments to climate tech.

Stocks making the biggest moves premarket: Novartis, First Republic, 3M and more

Tue, 04/25/2023 - 05:21
3M said it would cut about 6,000 positions to focus on high-growth markets, such as automotive electrification and home improvement.

Fintech firm Klarna overhauls its app with a TikTok-like discovery feed as A.I. hype swirls

Tue, 04/25/2023 - 03:16
"Buy now, pay later" firm Klarna on Tuesday made some sweeping changes to its app, including a TikTok-inspired discovery feed that recommends products to users.

Standard Chartered CEO warns of risks in the banking sector that haven't 'come home to roost'

Mon, 04/24/2023 - 23:00
"I think we can put the crisis behind us. I don't think we can put the issue behind us," Standard Chartered CEO Bill Winters told CNBC.

Coinbase sues SEC after months of silence from federal regulator

Mon, 04/24/2023 - 18:08
The crypto exchange asked a judge to compel the SEC's answer whether existing rule-making processes would be extended to the crypto industry.

Stocks making the biggest moves after hours: First Republic, Whirlpool and more

Mon, 04/24/2023 - 13:59
These are some of the stocks posting the largest moves in extended hours trading.

Stocks making the biggest moves midday: Fox, Albemarle, First Republic and more

Mon, 04/24/2023 - 09:49
Fox's Class A and B shares were each down almost 4% on news that host Tucker Carlson has left the network, days after Fox News settled its defamation lawsuit.

Social media raises bank run risk, fueled Silicon Valley Bank’s collapse, paper says

Mon, 04/24/2023 - 07:45
A new academic paper examines the risk of social media on "distress in banks" and how Twitter conversations amplified the bank run risk ahead of SVB's collapse.

Crypto winter is over — and bitcoin could hit $100,000 by the end of 2024, Standard Chartered says

Mon, 04/24/2023 - 07:41
The U.S. banking sector crisis has solidified the case for bitcoin as a "decentralised, trustless and scarce digital asset," Standard Chartered said in a note.

Stocks making the biggest premarket moves: Coca-Cola, First Solar, and more

Mon, 04/24/2023 - 05:03
These are the stocks posting the largest moves in the premarket.

Hollywood backers Ryan Reynolds and Rob McElhenney help springboard a Welsh soccer club back into the big leagues

Mon, 04/24/2023 - 02:01
Wrexham, the Welsh soccer club owned by Hollywood A-listers Ryan Reynolds and Rob McElhenney, secured promotion to the English Football League (EFL).

Credit Suisse logged asset outflows of more than $68 billion during first-quarter collapse

Sun, 04/23/2023 - 22:39
The stricken Swiss lender posted a one-off 12.43 billion Swiss franc profit for the first quarter of 2023, due to the controversial write-off of 15 billion Swiss francs of AT1 bonds by the Swiss regulator as part of its emergency takeover by domestic rival UBS.

Are gas-powered or electric vehicles a better deal? EVs may win out in long run, experts say

Sun, 04/23/2023 - 06:30
Electric vehicles tend to cost more upfront than gasoline-powered cars. But EVs may be a better financial deal for consumers over the long haul.

New ETF makes a big bet on cleaning up the environment

Sat, 04/22/2023 - 08:00
A U.S.-based ETF is mimicking an investment trend in Europe that’s designed to boost profits while helping the climate.

Here are the top 3 reasons to fire a financial advisor, say experts

Fri, 04/21/2023 - 11:37
Goals-based planning, reasonable cost and good communication are key to a healthy relationship with your financial advisor, according to experts.

Stocks making the biggest moves midday: CSX, Pool, Procter & Gamble and more

Fri, 04/21/2023 - 09:45
These are the stocks posting the largest moves in midday trading.

'Utterly irresponsible': SVB failure was caused by a banking — not tech — crisis, top VC says

Fri, 04/21/2023 - 08:55
Anne Glover, CEO and co-founder of Amadeus Capital, said Friday that the SVB crisis was caused by "utterly irresponsible" practices by Silicon Valley Bank.

Stocks making the biggest moves premarket: Procter & Gamble, CSX, PPG Industries and more

Fri, 04/21/2023 - 05:08
These are the stocks posting the largest moves in early trading.

Volkswagen takes on China's EV market with a higher-end car and $1 billion investment

Thu, 04/20/2023 - 22:14
German automaker Volkswagen is investing about $1 billion in China for electric car development, and releasing a vehicle targeted at a higher end of the market.

Stocks making the biggest moves after hours: CSX, Knight-Swift Transportation and more

Thu, 04/20/2023 - 14:31
These are the stocks posting the largest moves in extended trading.