 | | | | Charlie Munger, the longtime business partner of Warren Buffett, on Wednesday warned that the stock market bears signs of a bubble, reflecting a "dangerous" mentality among some investors to gamble on stocks as they would horse races. | | | | | | A record half-billion dollar redemption from Ark Invest's flagship fund in a single day has led analysts to highlight the risks arising from the ETF's heavy exposure to illiquid stocks if outflows pick up pace. | | | | | | Ford Motor Co's Chief Executive on Wednesday called on the U.S. government to support battery production and charging infrastructure development, as he outlined the automaker's plan to develop electric platforms for its top-selling trucks, vans and SUVs. | | | | | | Oil prices climbed on Wednesday to fresh 13-month highs after U.S. government data showed a drop in crude output after a deep freeze disrupted production last week. | | | | | | The reality has not yet sunk in for Pepe Diaz that the beloved deli he ran with his brother for more than 30 years is permanently shut. | | | | | | The acting chair of the U.S. Securities and Exchange Commission (SEC) on Wednesday said the market regulator will review public companies' climate risk disclosures and begin to modernize climate guidance that is now more than a decade old. | | | | | | President Joe Biden will sign an executive order on Wednesday aimed at addressing a global semiconductor chip shortage that has forced U.S. automakers and other manufacturers to cut production and alarmed the White House and members of Congress, administration officials said. | | | | | | A U.S. inspector general's office report set to be released on Thursday faulted "weaknesses" in the Federal Aviation Administration's (FAA) certification of the Boeing 737 MAX that was grounded for 20 months after two crashes killed 346 people. | | | | | | Washington, D.C., Attorney General Karl Racine filed a lawsuit against AT&T Mobility National Accounts, alleging that the company overcharged the city millions of dollars for cellphone and internet services, Racine's office said in a statement on Wednesday. | | | | | | A gauge of global equity markets rose on Wednesday after Federal Reserve Chair Jerome Powell said interest rates will remain low, calming market jitters sparked by a jump in U.S. Treasury yields on fears a robust recovery would drive inflation higher. | | | | | |
