worldbusinessstar
Investors think unlikely Musk buys Twitter at agreed $44 BLN price
The stock market took the view for the first time that it was unlikely that Elon Musk will acquire Twitter Inc for $44 billion. The...
Toyota warns annual profit to skid 20% on materials
Toyota Motor Corp warned that operating earnings this year could slump by a fifth due to unprecedented increases in materials and logistics costs, on the...
Wells Fargo wins dismissal of shareholder lawsuit over commercial lending
A federal judge dismissed class-action claims that Wells Fargo & Co, the fourth-largest U.S. bank, misled or defrauded shareholders about its commercial loans. U.S....
AGCO ransomware attack disrupts tractor sales
U.S. agricultural equipment maker AGCO Corp said that a ransomware attack was affecting operations at some of its production facilities, and dealers said tractor sales...
Lyft shares tank 26% on higher cost of getting drivers back...
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...
Netflix inks Japan studio deal in anime push
Netflix Inc announced a multi-film deal with Japan's Studio Colorido, as the streaming giant ramps up its anime offering and looks to Asia for...
