Goldman Lowers U.S. Recession Odds to 15%
October 8, 2024: Goldman Sachs, a leading investment bank, has lowered its forecast for the probability of a U.S. recession to just 15%.
Stellantis Sues UAW Union Over Strike Threats in Federal Court
October 7, 2024: Stellantis, the global automotive manufacturer formed from the merger of Fiat Chrysler and PSA Group, has initiated legal proceedings
Private Payrolls Grow by 143,000 in September, Beating Expectations
October 3, 2024: In September, the U.S. labor market exhibited renewed strength as private sector payrolls surged by 143,000 jobs, surpassing analysts’ expectations.
Spacecraft Delivery Startup Raises $150M, Led by Founders Fund
October 2, 2024: A spacecraft delivery startup founded by a former SpaceX rocket guru has successfully raised $150 million in a new funding round
Robinhood Launches Crypto Transfers in Europe Amid Expansion Push
October 1, 2024: The popular investment platform Robinhood has launched cryptocurrency transfer services in Europe. This move marks a significant expansion
EchoStar Nears DirecTV Sale as $2B Debt Payment Looms: Sources
September 30, 2024: EchoStar, the parent company of satellite television provider Dish Network, is reportedly close to reaching an agreement to sell Dish to DirecTV.
Justice Department Accuses Visa of Debit Network Monopoly Impacting Prices
September 26, 2024: The U.S. Department of Justice (DOJ) has filed a lawsuit against Visa, accusing the company of maintaining an illegal monopoly over the debit card network
GitHub Offers EU-Only Data Storage to Clients in Data Sovereignty Push
September 25, 2024: GitHub, a popular platform for software development collaboration, has announced a new feature that allows its customers to store sensitive code
Goldman Predicts 35% Rally for Biotech Focused on Rare Diseases
September 25, 2024: Goldman Sachs has issued a bullish outlook on a biotech company, predicting its stock price to rally by 35%. The investment bank’s positive assessment
Miniso to Acquire Stake in China’s Yonghui for $889 Million
September 24, 2024: Miniso, a global retailer known for its affordable products, has announced plans to acquire a significant stake in Yonghui Superstores, a major Chinese supermarket chain.
