: Business inventories in U.S. drop 0.1% in October
Businesses inventories, or products waiting to be sold, fell 0.1% in October, the government said Thursday. That matched the forecast of economists polled by The...
: EIA reports a weekly fall in U.S. natural-gas supplies in line with market expectations
The U.S. Energy Information Administration reported on Thursday that U.S. natural-gas supplies in storage fell by 55 billion cubic feet for the week ended Dec....
Cadillac reveals three-row Vistiq to round out electric SUV lineup
Cadillac plans to round out its upcoming lineup of all-electric SUVs with a three-row vehicle called the Vistiq.
GM’s Cruise laying off 900, or 24% of its workforce: Read the memo here
The cuts come after a barrage of safety concerns and incidents have plagued the robotaxi subsidiary since it gained approval to operate in San Francisco.
Trian nominates Peltz and former Disney exec to media giant’s board
Trian today announced it was nominating its CEO Nelson Peltz and former Disney exec Jay Rasulo to the Disney board.
Bitget rolls out mandatory KYC to enhance platform security
Bitget says mandatory KYC will align the exchange with global financial regulations and underscore its tier1 status. KYC verification is one of the measures aimed...
: Intel announces new PC, server chips designed for AI uses
Intel Corp. announced new PC chips Thursday, which can power many computers built for artificial-intelligence tasks.
Market Extra: Move over, Nvidia. Investors may be ready to make this stock their new No. 1 chip pick.
Retail investors have made a renewed push towards chip stocks since early November, with one in particular growing in popularity. And it's not Nvidia.
: Schwab’s stock rises as November client assets rise 12% from year-ago period
Charles Schwab Corp.’s stock SCHW rose by 2.4% in premarket trading on Thursday after the financial firm said total client assets rose 12% in November...