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Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Tesla reports 336,000 vehicle deliveries in first quarter, 13% drop from a year ago

Tesla reported 336,000 vehicle deliveries in the first quarter of 2025, a 13% decline from a year ago, two days after the electric…
Investing

United Airlines adds Thailand, Vietnam and Australia flights in latest expansion

United Airlines plans to add daily flights to Vietnam and Thailand in October, further expanding the network for the U.S. carrier that already…
Investing

Boeing says it’s progressing on safety reforms and working with DOJ on revised plea deal

WASHINGTON — Boeing CEO Kelly Ortberg told senators on Wednesday that he’s happy with the company’s progress improving manufacturing and safety practices following several accidents, including…
Investing

Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair

Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Elon Musk says backlash against his DOGE government cuts is hurting Tesla stock

Tesla CEO Elon Musk said Sunday that his involvement in the Trump administration could be hurting the automaker’s stock price. Speaking at a…
Investing

Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout

Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of…
Investing

Meta’s head of AI research announces departure

Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company.  Joelle Pineau, the company’s vice president of AI…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
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