Business Posts

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Business

Experts explain how hundreds of pagers exploded at once in Lebanon and Syria

Experts think it took anywhere between several months to two years to plan this attack.

09/17/2024

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Business

OceanGate employee who warned of Titan safety issues testifies disaster was preventable

“The whole idea behind the company was to make money,” Lochridge said. “There was very little in the way of science.”

09/17/2024

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Business

Steve Cohen steps away from trading floor after more than 3 decades

The billionaire hedge fund founder remains Point72 Asset Management’s co-chief investment officer.

09/17/2024

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Business

Ahead of the Fed meeting, Jamie Dimon weighs in on rate cuts

“They need to do it,” Dimon said on Tuesday.

09/17/2024

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Business

Michael Jordan finds buyer for Chicago mansion on market since 2012

It was originally listed in 2012 with a price tag of $29 million, or $887 a square foot.

09/17/2024

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Business

Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power

Microsoft, BlackRock and Abu Dhabi's investment vehicle are aiming to initially raise $30 billion to invest in AI data centers and the energy to power them.

09/17/2024

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Business

Point72's Steve Cohen is stepping back from trading his own book

The prominent hedge fund investor, who also owns the New York Mets, will continue his role as the co-chief investment officer at Point72.

09/17/2024

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Business

Joe Rogan says Kamala Harris is ‘nailing it’ against Trump

Rogan, a controversial figure for spreading misinformation and past racist comments, has been openly critical of Trump.

09/17/2024

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Business

The Fed's biggest interest rate call in years happens Wednesday. Here's what to expect

While markets have made up their mind that the Fed is going to cut, there's a vigorous debate over how far policymakers will go.

09/17/2024

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Business

Bitcoin climbs above $60,000 ahead of Fed rate decision

Bitcoin reclaimed $60,000 on Tuesday as investors awaited details on the Federal Reserve's rate cutting plans.

09/17/2024