 | | | | Automaker Stellantis has signed a multiyear deal to use Qualcomm's next-generation connected-car technology in its vehicle lineup, the companies said on Thursday. | | | | | | Billionaire entrepreneur Elon Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to grow and become a platform for free speech. | | | | | | Some big U.S. banks have again started stockpiling cash to cushion potential loan losses due to growing worries over the war in Ukraine and the impact of inflation on the U.S. economy, although trading continues to be bright spot for Wall Street. | | | | | | Wells Fargo & Co and JPMorgan Chase & Co reported a rise in net interest income in the first quarter, as the U.S. Federal Reserve's rate hikes help their bread-and-butter business --taking deposits and lending. | | | | | | The Brazilian currency's monster rally may soon run out of gas, analysts and government officials say, as U.S. interest rate hikes and risks to the Chinese economy threaten the fundamentals of the world's best-performing major currency. | | | | | | Tesla Inc CEO Elon Musk on Thursday stepped up criticism of the U.S. securities regulator, calling Securities and Exchange Commission officials "bastards" for bringing fraud charges against him over his 2018 tweets regarding taking the company private. | | | | | | The Federal Reserve's aim is to raise rates quickly enough to bring down inflation without pushing the U.S. economy into recession or damaging the strong jobs market, Cleveland Federal Reserve Bank President Loretta Mester signaled on Thursday. | | | | | | Polish video game maker CD Projekt said on Thursday it would release an expansion of its flagship "Cyberpunk 2077" game next year, after announcing full-year net profit that topped expectations. | | | | | | U.S. stock investors are increasingly turning to the options market for protection against more downside on Wall Street as they worry the Federal Reserve will be less sensitive to equity market volatility as it hikes interest rates to fight inflation. | | | | | | A board member of Polish video game maker CD Projekt said on Thursday there is no "monumental" delay to its blockbuster game "The Witcher 3: Wild Hunt" for next-generation consoles, a day after the company postponed the release. | | | | | |
