(Bloomberg) — The European Central Bank must do more to bring inflation back to the 2% target, even as it waits to see the full effect of the action it’s taken to date, according to Executive Board member Isabel Schnabel.
Stan Druckenmiller said he thinks the US economy is teetering on the edge of a recession and predicts a “hard landing.”
Wipes and diaper maker Honest Co. is planning significant price increases this year for its products, in contrast with rival consumer-goods makers that are taking a more cautious approach amid high levels of inflation.
Hadley Gamble, the CNBC anchor who lodged a sexual harassment complaint against her boss Jeff Shell that led to the executive’s firing, is herself leaving the company.
UVeye, a company that uses artificial intelligence for vehicle inspections, has raised $100 million from investors including General Motors Co. and CarMax Inc.
Shaquille O’Neal is calling foul on the lawyers who chased him for months to serve a lawsuit accusing the basketball legend of duping investors in FTX crypto exchange.
(Bloomberg) — Federal Reserve Bank of New York President John Williams said he is monitoring how strains in the banking sector affect the US economy and left the door open to leaving interest rates on hold next month.
Boeing Co. is optimistic it will soon restart long-stalled exports of its 737 Max jets to China, especially with President Xi Jinping slated to visit the US later this year, the planemaker’s top executive said Tuesday.
Palantir Technologies Inc., the data analysis firm co-founded by Peter Thiel, is seeing “unprecedented” demand for an artificial intelligence platform, the first version of which will roll out to some customers this month. Shares were up as much as 21% early Tuesday after the company previewed its arrival.
Before SpaceX can try again to send its massive Starship rocket into orbit, the company needs to repair and renovate its badly damaged launch site in southern Texas.
