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Apple’s Market Cap Hits $1 Trillion

Apple’s Market Cap Hits $1 Trillion

The Silicon Valley giant became the first U.S.-listed company to surpass $1 trillion in stock-market value, underscoring the iPhone maker’s explosive growth and its role in fueling the rise of the technology industry to the forefront of the global economy.

Published 1 week ago

Tesla Shorts Stand Their Ground After $1.7 Billion Loss

Tesla Shorts Stand Their Ground After $1.7 Billion Loss

Short sellers taking aim at Tesla Motors are holding onto bets that the electric car maker is on borrowed time, undeterred by the stock’s biggest one-day rally in years.

Published 1 week ago

In ‘Confidential’ Letter, Hedge Fund Elliott Skewers ‘Secretive’ Label

In ‘Confidential’ Letter, Hedge Fund Elliott Skewers ‘Secretive’ Label

Elliot Management’s most recent letter, stamped “confidential,” offers views on everything from trade policy and inflation to the overuse of certain words.

Published 1 week ago

Old-Money Billionaires Are Chasing New Tech Riches

Old-Money Billionaires Are Chasing New Tech Riches

Some big names are turning to venture investing as a way to bet on the future, but not necessarily in Silicon Valley.

Published 1 week ago

Miss America’s Finances Uncertain as It Fights for Relevance

Miss America’s Finances Uncertain as It Fights for Relevance

Falling viewership, an email scandal and the elimination of the swimsuit competition have resulted in upheaval for the Miss America pageant. Now the organization’s finances are in doubt.

Published 1 week ago

Dressed to Kill: Behind a Faked Assassination in Ukraine

Dressed to Kill: Behind a Faked Assassination in Ukraine

“Hello. I’m your killer,” Oleksiy Tsymbalyuk said when he first met Arkady Babchenko. The next time the two men saw each other, Mr. Babchenko was lying in a pool of pig’s blood inside his Kiev apartment, which had been prepared to look like the setting for an assassin’s hit.

Published 1 week ago

Dressed to Kill: Behind a Faked Assassination in Ukraine

Dressed to Kill: Behind a Faked Assassination in Ukraine

“Hello. I’m your killer,” Oleksiy Tsymbalyuk said when he first met Arkady Babchenko. The next time the two men saw each other, Mr. Babchenko was lying in a pool of pig’s blood inside his Kiev apartment, which had been prepared to look like the setting for an assassin’s hit.

Published 1 week ago

Old-Money Billionaires Are Chasing New Tech Riches

Old-Money Billionaires Are Chasing New Tech Riches

Some big names are turning to venture investing as a way to bet on the future, but not necessarily in Silicon Valley.

Published 1 week ago

CBS Prohibits Questions on Probe

CBS Prohibits Questions on Probe

CBS reported quarterly results amid a maelstrom of corporate drama, but during a conference call with analysts, the company made questions on the investigation into allegations of sexual harassment against its CEO off-limits.

Published 1 week ago

Moonves sticks to script under glare of misconduct claims

Moonves sticks to script under glare of misconduct claims

CBS chief executive’s performance at earnings call tops a tumultuous week

Published 1 second ago

China’s controversies create cracks in Xi’s façade

China’s controversies create cracks in Xi’s façade

Presidency is buffeted by crises from vaccine scandal to US trade ties

Published 1 second ago

Top Trump Donor Agreed to Pay Michael Cohen $10 Million for Nuclear Project Push

Top Trump Donor Agreed to Pay Michael Cohen $10 Million for Nuclear Project Push

A major donor to President Trump agreed to pay $10 million to the president’s then-personal attorney if he successfully helped obtain funding for a nuclear-power project, including a $5 billion loan from the U.S. government.

Published 1 week ago

Tesla Shorts Stand Their Ground After $1.7 Billion Loss Thursday

Tesla Shorts Stand Their Ground After $1.7 Billion Loss Thursday

Short sellers taking aim at Tesla Motors are holding onto bets that the electric car maker is on borrowed time, undeterred by the stock’s biggest one-day rally in years.

Published 1 week ago