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

Packaging giant Smurfit Kappa’s shares fall 10% after WestRock merger announcement

September 12, 2023 by US Top News and Analysis

The companies will form Smurfit WestRock — set to be one of the largest packaging companies in the world.

Filed Under: Uncategorized

Elon Musk’s 700 mph hyperloop tech hasn’t become reality. But companies aren’t giving up

September 12, 2023 by US Top News and Analysis

Tesla founder Elon Musk came up with the hyperloop concept in 2013.

Filed Under: Uncategorized

After Nvidia’s 200% rally this year, investors look to the Arm IPO — but the two are very different

September 12, 2023 by US Top News and Analysis

Softbank, the owner of Arm, and its positioning of the British chip designer as an AI play, ahead of its blockbuster initial public offering (IPO).

Filed Under: Uncategorized

Why RTO mandates are layoffs in disguise, according to workplace experts: ‘Companies are daring employees to quit’

September 12, 2023 by US Top News and Analysis

The need to induce soft layoffs could be driven by recession threats and changes related to consumer spending, workplace experts told CNBC Make It. 

Filed Under: Uncategorized

MGM Resorts is facing ‘ongoing’ cyber incident that sent reservation and booking systems offline

September 12, 2023 by US Top News and Analysis

The casino and lodging operator said that its gaming operations were back online but gave no update on lodging or restaurant reservations.

Filed Under: Uncategorized

GlobalFoundries opens $4 billion Singapore expansion fab to meet ‘demand for essential semiconductor chips’

September 12, 2023 by US Top News and Analysis

GlobalFoundries announced Tuesday the opening of its $4 billion expansion fabrication plant in Singapore.

Filed Under: Uncategorized

North Korean leader Kim Jong Un arrives in Russia before an expected meeting with Putin

September 12, 2023 by US Top News and Analysis

North Korea’s Kim Jong Un is expected to hold a meeting with Russia’s Putin, which sparked concerns about a potential arms deal for Moscow’s war in Ukraine.

Filed Under: Uncategorized

Steve Forbes says the Fed’s not going to cut rates soon

September 12, 2023 by US Top News and Analysis

The Fed started its aggressive rate hike campaign in March 2022 as inflation climbed to its highest levels in 40 years.

Filed Under: Uncategorized

How Luckin Coffee overtook Starbucks as the largest coffee chain in China

September 12, 2023 by US Top News and Analysis

Luckin Coffee hit 10,000 stores in China in June, surpassing Starbucks as the largest coffee chain brand in the country following rapid nationwide expansion this year.

Filed Under: Uncategorized

Here’s what investors selling Oracle on the company’s mixed quarter and lower guide are missing

September 12, 2023 by US Top News and Analysis

The financial results could be an example of when it’s more important to focus on what the company says about the long-term.

Filed Under: Uncategorized

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