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Lyft shares tank 26% on higher cost of getting drivers back on street

Lyft Inc stock plunged 26% after the ride hail company said that it would have to spend more heavily to attract drivers and forecast operating...

Shanghai residents turn to NFTs to record COVID lockdown

Shanghai residents are turning to the blockchain to preserve memories of the city's month-long lockdown, minting videos, photos and artworks capturing their ordeal as...

AMD says data center boom will boost revenue

Advanced Micro Devices Inc forecast stronger- than-expected full year and second-quarter revenue, with the data center boom boosting demand for its chips,and its shares...

Outspoken market analyst’s Chinese social media accounts suspended

The Chinese social media accounts of an outspoken Hong Kong-based market strategist were suspended after a series of downbeat commentaries and a slump in...

Amazon to get hearing that could overturn NY union vote

A U.S. National Labor Relations Board (NLRB) official said that Amazon.com Inc's objections to a landmark union election at a company warehouse in New York...

Breaking

Citigroup Names Morgan Stanley Veteran Jean-Baptiste Charlet to Lead French Operations

Citigroup has appointed Jean-Baptiste Charlet, a longtime Morgan Stanley...

Financial Forecast Adjustments and AI-Driven Strategic Investments at Spotify

Spotify lowered its quarterly profit forecast on Tuesday, attributed...

Regulatory Modifications and Heightened Oversight Mandates Proposed for Federal Fair Lending Compliance Frameworks

An updated regulatory proposal concerning fair lending compliance rules...

Extended Strategic Partnership and Long-Term Semiconductor Supply Agreement Between Qualcomm and BMW

A multi-year strategic supply agreement spanning the next decade...
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