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You are here: Home / Archives for US Top News and Analysis

‘God bless Elon Musk’: Top Republican lauds Twitter owner ahead of key hearing

February 1, 2023 by US Top News and Analysis

House Oversight Committee Chair James Comer will lead the first major congressional hearing on Twitter since Republicans took control of the House.

Filed Under: Uncategorized

Meta acquisition of Within reportedly approved by court in loss for FTC

February 1, 2023 by US Top News and Analysis

The FTC sued to block Meta’s acquisition of Within in July, arguing Meta was using the deal “to buy its way to the top,” rather than compete on its own merits.

Filed Under: Uncategorized

White House likely to tap Brainard, Bernstein as top economic advisors, sources say

February 1, 2023 by US Top News and Analysis

Brainard and Bernstein will have key roles in shaping Biden’s economic policy and the choices are expected to be announced as soon as next week.

Filed Under: Uncategorized

Morgan Stanley analyst says these ‘undervalued’ bank stocks could rise 24%

February 1, 2023 by US Top News and Analysis

Betsy Graseck is among the analysts who generally urged caution on bank stocks as loan losses are expected to rise this year.

Filed Under: Uncategorized

Samsung launches new Galaxy S23 smartphone lineup with improved camera, gaming capabilities

February 1, 2023 by US Top News and Analysis

Samsung launched its new Galaxy S23 smartphone lineup Wednesday. The S23 will go head-to-head with Apple’s iPhone 14.

Filed Under: Uncategorized

DraftKings cuts 140 jobs as part of reorganization

February 1, 2023 by US Top News and Analysis

DraftKings, one of the leading sports-betting companies, said it is eliminating jobs as part of a reorganization.

Filed Under: Uncategorized

FedEx is laying off 10% of its officers and directors amid cooling demand

February 1, 2023 by US Top News and Analysis

The corporate job cuts come as the shipping giant tries to reduce costs amid cooling consumer demand.

Filed Under: Uncategorized

Rivian to lay off 6% of its workforce as EV price war concerns grow

February 1, 2023 by US Top News and Analysis

The CEO of EV maker Rivian told employees that the company will make the layoffs as the company refocuses to conserve cash.

Filed Under: Uncategorized

Stocks making the biggest moves midday: Peloton, AMD, Altria, Snap and more

February 1, 2023 by US Top News and Analysis

These are the stocks posting the biggest moves during midday trading.

Filed Under: Uncategorized

Biden and McCarthy clash ahead of White House debt ceiling meeting

February 1, 2023 by US Top News and Analysis

The meeting is a key test of whether Biden and the McCarthy can build a working relationship ahead of an estimated June deadline to hike the debt ceiling.

Filed Under: Uncategorized

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