Business Innovators Alliance

11/06/2024

CrowdStrike rallies to record on cybersecurity company’s inclusion in S&P 500

11/06/2024

Home equity is near a record high. Tapping it may be tricky due to high interest rate

Average equity per borrower increased by $28,000 — to about $305,000 total — from a year earlier, according to CoreLogic.

11/06/2024

California pension fund opposes 'ridiculous' Elon Musk pay package at Tesla

Musk’s pay package consists of performance-based stock options worth roughly $50 billion.

13/12/2023

The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing

There's nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers "recession," let alone screams it.

13/12/2023

Why automakers are turning to hybrids in the middle of the industry’s EV transition

Automakers are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related to federal fuel economy standards.

29/11/2023

Nvidia shares close down on report it delays China AI chip designed to comply with U.S. export rules

Reuters, citing two sources familiar with the matter, reported that Nvidia told Chinese customers that it is delaying the launch of an AI chip that is designed to comply with U.S. export rules until the first quarter of next year.

29/11/2023

China’s Alibaba shakes up cloud unit management after scrapping the division’s IPO

The shakeup comes after a surprise move by Alibaba last week to cancel the highly-anticipated initial public offering of its cloud unit.

22/11/2023

Best Buy cuts sales forecast, as holiday shoppers hunt for deals

Best Buy beat Wall Street's earnings expectations, but cut is full-year sales outlook as it prepares for cost-conscious holiday shoppers.

22/11/2023

Toyota financing arm fined $60 million by consumer watchdog for car loan scam

Toyota's U.S.-based financing arm was found to have violated federal law in its lending practices, according to the CFPB.

16/11/2023

Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation

GoCardless CEO Hiroki Takeuchi said that his firm was "very open minded" about the prospect of mergers and acquisitions.

16/11/2023

Central banks look to have hit peak rates. Here’s how markets think they’ll come down

The world's major central banks paused their interest rate hiking cycles in recent weeks and markets are turning their attention to the first round of cuts.

30/10/2023

McDonald’s tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich’s book

Panera Bread founder Ron Shaich's new book reveals new details about his career, including that the chain almost merged with Starbucks.