The rocky road that Faraday Future (NASDAQ: FFIE) has been traveling just became a little smoother. The electric vehicle company just announced it has reach a resolution regarding a dispute with major shareholders. As of 10:33 a.m. ET, shares of Faraday Future were racing 28.3% higher.
Defence Secretary Grant Shapps says ‘naive’ not to expect an Israeli response to Iran attack but warns against actions spiralling out of control
Futures for Wall Street's main indexes gained on Thursday as chip stocks rebounded, while investors awaited commentary from Federal Reserve officials to ascertain the outlook for interest-rate cuts. Micron Technology rose 1.9% after a report that the memory-chip maker is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects. "Generally, fundamentals will be supportive of chip stocks, but also after such a strong rally, it's not unusual to see a bit of profit-taking," said Fiona Cincotta, senior market analyst at City Index.
U.S. banks have been grappling with increased funding costs as elevated interest rates prompt customers to move cash from banks to safe-haven higher-yielding alternatives like money-market funds for better returns. Net interest income (NII), or the difference between what a bank earns on loans and pays out on deposits, fell 20% to $886 million in the quarter. In recent weeks, analysts have pushed back expectations of interest rate cuts this year due to strong economic data.
There were temporary issues in Nevada, Nebraska, South Dakota and Texas overnight; the cause is unknown.
Poll also shows Rishi Sunak’s PM rating has plunged to same level as Jeremy Corbyn’s when he was in Number 10
Former House Speaker Nancy Pelosi has completed a book about her years in public life, from legislation she helped enact to such traumatizing moments as the Jan. 6 siege of the U.S. Capitol and the assault at her San Francisco home that left her husband with a fractured skull. Simon & Schuster announced Thursday that Pelosi's “The Art of Power” will be released Aug. 6. “People always ask me how I did what I did in the House,” Pelosi, the first woman to become speaker, said in a statement.
It's no secret that travel can truly wreak havoc on your skin. From the dry air in flight to...
April 28th is National Superhero Day, a day dedicated to recognizing the strength and resilience of children facing extraordinary challenges. Ronald McDonald House Charities is honoring their Super Kids.
Telecom Italia (TIM) shareholders will vote on April 23 on whether to hand CEO Pietro Labriola a new mandate to press ahead with his plans to revive the debt-laden group by selling its domestic access network to KKR. Labriola, who has been running TIM for the past two years, has agreed to sell its national network grid - its main piece of infrastructure - to U.S. fund KKR for up to 22 billion euros ($23.4 billion) in what would be a first for a former phone monopoly in a major European market. Backed by the Italian government, which holds an indirect stake in TIM, the sale is intended to mark a fresh start for a group long hobbled by debt and fierce competition.
Investors are counting down to earnings from Netflix, the first of the "Magnificent" group of companies to report.
A seagull tangled in some mooring rope was rescued by a police officer in a Catalan port city, footage released by the Mossos d’Esquadra force on Thursday, April 18, showed.According to the Catalan police, officers from the marine police of Torredembarra observed the bird struggling before starting their shift on Thursday morning and decided to assist it.Mossos d’Esquadra told Storyful that the seagull was successfully liberated and was back “flying over the seas”. Credit: Mossos d’Esquadra via Storyful
The Stormont Communities Minister said he is seeking clarity with funding partners, including the UK Government.
LONDON (AP) — Prince William returns to public duties on Thursday for the first time since his wife’s cancer diagnosis, bolstering the royal family’s ranks as health problems continue to sideline the princess and King Charles III. William is set to visit a surplus food redistribution center and a youth club it serves, highlighting efforts to reduce food waste as a way to cut greenhouse gas emissions and feed people in need. The prince stepped away from public duties after Kate, the Princess of W
Sadiq also promises to continue his partial Tube and bus fares freeze ‘as long as economic conditions allow’
Race director Hugh Brasher insists security measures are sufficient to prevent disruptions this weekend
Geoff Parling, the former England second-row and set-piece expert, has been confirmed as Australia’s new line-out coach.
FA Cup replays have been scrapped from next season, the Football Association has announced.
This is everything we want to buy in H&M Home's new collaboration with Pantone, which drops next week on 25th April.
The playwright and screenwriter Ben Power amassed much credit for his award-winning adaptation of Stefano Massini’s The Lehman Trilogy, which encapsulated the rise and fall of Lehman Brothers.
Nvidia and chips led the latest market retreat Wednesday. Taiwan Semiconductor earnings and guidance were upbeat.
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