Yearly Archives: 2022
Musk backtracks on job cuts, says Tesla salaried staff to be ‘fairly flat’
Tesla Inc Chief Executive Elon Musk said on Saturday that the electric vehicle maker's total headcount will increase over the next 12 months, but...
UK says it will work with aviation industry to solve travel chaos
British transport minister Grant Shapps said on Sunday the government would work hard with the aviation industry to avoid a repeat of the chaos...
GUSH, LABD and CWEB among premarket gainers
Gainers: Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares ETF (GUSH) +14%.Direxion Daily CSI China Internet Index Bull 2x Shares...
Energy stocks keep climbing with crude prices as OPEC+ plan disappoints
Energy stocks (NYSEARCA:XLE) rose as crude oil posted a sixth straight weekly advance, after markets shrugged off OPEC's modest production boost that seems unlikely...
Bioengineered human heart developer Biolife4D files for $17M IPO
Biolife4D (SAVU), which is developing bioengineered human hearts for research and possible transplantation, has filed to hold a $17.3M initial public offering. The biotech company’s...
Netflix’s ‘Ozark’ builds on finale to lead streaming ratings again
Netflix (NASDAQ:NFLX) continued reaping the benefits of Ozark's finale, riding its reliable hit to another week topping streaming ratings with a hefty 3 billion-plus...
No new refineries likely ever built again in the U.S., Chevron CEO warns
Chevron (NYSE:CVX) CEO Mike Wirth said Friday that he does not expect another oil refinery will be built in the U.S. ever again, due...
LGI Homes reports 697 home closings in May 2022
Homebuilder LGI Homes (NASDAQ:LGIH) on Friday said it closed 697 homes in May vs. 703 homes closed in April.The company said that as of...
Boeing’s CEO nixes notion of new jetliner in next ‘couple of years’
Boeing (NYSE:BA) will not launch a new jetliner in the next "couple of years" despite Airbus' widening sales lead in the narrowbody market, CEO...
Recon Technology gets Nasdaq notification regarding minimum bid requirements
Recon Technology (NASDAQ:RCON) on Friday said it got a letter from Nasdaq notifying the company that it was not in compliance with listing rules...
Russian oil output faces long-term decline as Western firms exit, Chevron CEO says
Russia still has buyers for much of its oil despite sanctions but will face difficulty overcoming the loss of western technology and capital, as...
Gold rises over 1% buoyed by dollar slide, weak ADP data
Gold prices rose over 1.3% on Thursday supported by a dip in the dollar and data showing U.S. private payrolls rose less than expected...
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