Articles

Mullen Automotive says it’s cutting 20% of its workforce

The maker of commercial electric vehicles announced cost cuts that include a 20% reduction in head count.

Why Goldman Sachs has bumped up its S&P 500 target for the third time this year

This week marks the kickoff of third-quarter earnings season — and another S&P 500 target upgrade from Goldman Sachs.

China’s rally still has ‘more legs,’ Goldman Sachs says

The recent two-week rally sparked by the unveiling of the People’s Bank of China’s stimulus package has already seen one of the sharpest increases in Chinese equities in history. Goldman Sachs’ analysts said the rally could now have more legs.

The strong jobs report leads Morgan Stanley to ditch a stock-market call it made just two weeks ago

Markets were having a bit of a breather Monday morning after the big rally following the much better than expected jobs report.

‘This was a money grab’: My uncle took over the family business when my grandfather died — and left my father out in the cold. What now?

“When my grandfather passed away, my uncle continued running the business and, at that point, he decided that my father would not receive any financial inheritance.”

Rudy Giuliani is scrambling to find a buyer for his NYC condo or risks losing it in court

Former New York City mayor Rudy Giuliani is racing against time and has slashed the price by nearly $1 million.

Now a billionaire, here’s where Selena Gomez puts her real estate money

Most of her wealth comes from her cosmetics company, but she has built up quite a property portfolio.

AstraZeneca to pay up to $2 billion to license cardiovascular drug

AstraZeneca on Monday said it will pay up to $2 billion to license a cardiovascular drug.

Arcadium Lithium stock soars as report of Rio Tinto acquisition bid is confirmed

Global mining giant Rio Tinto PLC has expressed interest in buying Arcadium Lithium PLC, both companies confirmed Sunday.

Starboard reportedly takes $1 billion stake in Pfizer, seeks changes

Activist investor Starboard Value has taken a $1 billion stake in beleaguered drugmaker Pfizer Inc. and is seeking a turnaround, the Wall Street Journal reported late Sunday.

Stock market’s soft-landing rally faces CPI inflation test. Here’s what investors should do.

Middle East tensions, the port strike and the Fed’s interest-rate outlook puts inflation front and center again for the U.S. stock market this week.

Third-quarter earnings are upon us. So are worries of slower growth.

This summer, restaurants and many retailers who weren’t Walmart warned of a struggling consumer.
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