Vistra Corp. to join S&P 500 index, replacing Pioneer Natural Resources
The electric utility company replaces Pioneer Natural Resources Co. after the latter’s acquisition by Exxon Mobil Corp.
Paramount’s new ‘Office of the CEO’ now has a leader — while its ex-CEO will still collect a hefty paycheck
Paramount Global has named Chris McCarthy as interim principal executive officer of its new three-executive leadership team, the media conglomerate said.
U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides
U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March...
$7,500 for tequila? The Cinco de Mayo staple has become a super-premium spirit.
“As more consumers make tequila their spirit of choice, we’ve seen them gravitate towards high-quality, premium tequilas,” Patrón executive says.
Luminar’s stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan
Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said...
Whirlpool says it’s planning additional layoffs under restructuring plan
Whirlpool Corp. said Friday that it plans additional layoffs to the 1,000 it announced as part of a global restructuring plan in late April.
Hon Kong’s asset management firm becomes the largest investor in BlackRock Bitcoin ETF
Yong Rong HK Asset Management emerges as the top holder in BlackRock Bitcoin ETF with $38M investment. Ovata emerges as biggest buyer in Bitcoin ETF...
MakerDAO unveils two new tokens in a major overhaul
The two new tokens teased by MakerDAO are NewStable (NST) and NewGovToken (NGT). NST replaces Dai and offers upgraded features while NGT replaced MKR and...
Gold is overvalued now and won’t help you beat inflation in coming years
New research sees gold lagging U.S. inflation by more than 7% a year over the next decade.