Stellantis NV, the European carmaker that owns Chrysler and Fiat, agreed to manufacture an electric aircraft designed by Archer Aviation Inc. and provide the startup with up to $150 million of equity capital to accelerate production.
Prime Minister Rishi Sunak hinted the UK government may take a softer line against striking workers as he delivered a speech setting out his government’s priorities.
US job openings remained elevated in November, highlighting how a resilient labor market is likely to keep the Federal Reserve tilted toward more restrictive policy in the months ahead.
President Joe Biden criticized Republicans for failing to elect a House Speaker, calling their public struggles an embarrassment to the country.
Crispin Odey is celebrating his best ever year of gains since he started his hedge fund three decades ago.
Crypto broker Genesis told clients in a new update that it needs more time to come up with a solution for the troubles at its lending unit.
Former US President Donald Trump urged the conservative House members to back beleaguered Representative Kevin McCarthy for House speaker Wednesday as his humiliating struggle to secure enough votes from his own party stretched into a second day.
(Bloomberg) — A flow of warm, moist air will see New York City flirting with record spring-like temperatures this week in a brief reprieve from winter’s chill.
BlackRock Inc. has suspended withdrawal requests from investors in its £3.5 billion ($4.2 billion) UK property fund, in a move that highlights the sector’s ongoing challenges when markets are volatile.
(Bloomberg) — Salesforce Inc. shares rose Wednesday after the software maker unveiled a 10% workforce reduction. Before investors get too excited about the technology sector reining in spending, they might listen to Mike Wilson, who led the field of Wall Street prognosticators in what was a dismal 2022.
