BP Halts Share Buybacks as Profits Slide on Weak Oil Prices
BP has suspended its share buyback program after reporting a fourth-quarter loss, redirecting cash to strengthen its finances…
Category: Finance
BP Halts Share Buybacks Amid Oil Price Slump Pressure
BP has suspended its share buyback program as falling oil prices below $60 a barrel add pressure on…
Epstein’s Web of Silicon Valley Tech Deals Revealed
Newly released Department of Justice documents reveal the extent of Jeffrey Epstein's connections to Silicon Valley's most powerful…
Gabbard Set to Testify in Senate Intelligence Probe on Election Issues
Tulsi Gabbard, Director of National Intelligence, is scheduled to testify at the Senate Intelligence Committee as questions grow…
Crypto Investors Face Reckoning as Borrowed Billions Unwind
The cryptocurrency market's sharp downturn in early 2026 has triggered a wave of forced liquidations among traders who…
Cuba Bans Airline Refueling Amid US Oil Pressure
Cuba has banned refueling for international airlines at all nine of its airports for a month starting February…
Siblings Clash Over $150K Lake House Costs and Ownership
A family lake house worth $150,000 has sparked a rift between two brothers. One covers all upkeep and…
Tesla China Sales Rise 9% in January Amid EV Market Slowdown
Tesla sold 69,129 China-made EVs in January, up 9% from last year, even as the overall market fell…
Stellantis Takes €22 Billion Hit as It Retreats From EV Push
The automaker is taking massive writedowns after overestimating demand for electric vehicles and misjudging what customers actually want…
Amazon Shares Drop 10% After Earnings Miss and $200B Spending Plan
Amazon's shares fell as much as 10% after the company reported fourth-quarter results that missed expectations and warned…
US Job Openings Hit Eight-Year Low as Hiring Slows
The number of job openings dropped to 6.5 million in December 2025, marking the lowest level in eight…
Shared Property, Separate Lives: When Siblings Can’t Agree on the Family House
A common inheritance problem is tearing families apart: one sibling wants to sell a shared property while the…
Kospi Drops Sharply as Wall Street Tech Sell-Off Hits Asia Markets
South Korea's main stock index, the Kospi, fell sharply on Thursday, dragged down by a sell-off in US…
Shell Q4 Profits Drop as Oil Prices Fall Short of Expectations
Shell's fourth-quarter profits fell to $3.3 billion, missing estimates as crude oil prices dropped. The company faced higher…
E.l.f. Beauty’s Stock Surges as Cosmetics Demand Remains Strong
E.l.f. Beauty's stock has surged 17% in early 2026 as the budget cosmetics company continues to gain market…
U.S. Economy Shows Resilience as 2026 Gets Underway
Economic data from early 2026 shows the U.S. economy maintaining momentum, though businesses face uncertainty around tariffs and…
AMD CEO Lisa Su Sees Strong Chip Demand Into 2026
AMD's top executive Lisa Su calmed investor worries about sales forecasts. She pointed to booming demand for CPUs…
KKR and Singtel Near $10 Billion Deal for STT GDC Data Centres
A group led by KKR and Singtel is set to buy out ST Telemedia Global Data Centres for…
Asian Software Stocks Drop on US AI Disruption Fears
Stocks in Asian software companies dropped on Wednesday after US markets saw heavy selling in tech shares. The…
Nvidia-OpenAI $100B Deal Stalled Five Months In
Nvidia and OpenAI have not finalized their $100 billion deal announced last September. CEO Jensen Huang insists progress…
Analyst Sees Path Forward After FDA Rejects Aquestive Drug
The FDA rejected Aquestive Therapeutics' Anaphylm application due to packaging and use concerns. Leerink analysts see a silver…
KKR Acquires Sports Investment Firm Arctos in $1 Billion Deal
KKR has agreed to acquire Arctos Partners, a Dallas-based private equity firm specializing in sports team investments, in…
Elon Musk Praises Moltbook AI Platform Amid Skepticism
Elon Musk praised Moltbook as a step toward AI singularity. The platform allows AI agents to interact like…
Nintendo Holds Switch 2 Sales Forecast at 17 Million Units
Nintendo's Switch 2 has sold over 17 million units, matching company expectations. A strong games schedule for 2026…
Musk Moves to Merge SpaceX and xAI in Major Business Consolidation
Elon Musk is pushing to combine his rocket company SpaceX with his artificial intelligence startup xAI in what…
Dow Jumps 450 Points Amid Gold and Silver Volatility
US stocks rose sharply with the Dow gaining 450 points, shrugging off declines in precious metals and bitcoin.…
SEC Names New PCAOB Chair and Board Members in Key Shift
The Securities and Exchange Commission appointed Demetrios (Jim) Logothetis as the new chairman of the Public Company Accounting…
Bitcoin Dips Below Strategy’s Breakeven, Sparking Market Fears
Bitcoin hit a low of about $74,500 early Monday, falling below the average price Strategy paid for its…
Gold and Silver Prices Crash After Months of Gains
Precious metal prices tumbled sharply on January 30 after a long rally. Gold dropped about 9% while silver…
Global Markets Rocked by AI Doubts and Crypto Turmoil
European stocks are heading lower as investors pull back from riskier assets following a major setback in artificial…