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Carvana stock pops as used car retailer reports record first-quarter results
Business

Carvana stock pops as used car retailer reports record first-quarter results

Shares of Carvana jumped by as much as 10% in extended trading after the company reported record results during the firs...

CitrixNews Staff · 1 month ago
Meta Deal Reversal Deepens Split Between China and Silicon Valley
Business

Meta Deal Reversal Deepens Split Between China and Silicon Valley

Beijing’s insistence that Meta unwind its deal with a Chinese A.I. start-up escalates the geopolitical fight over advanc...

CitrixNews Staff · 1 month ago
Chipotle Mexican Grill is about to report earnings. Here's what to expect
Business

Chipotle Mexican Grill is about to report earnings. Here's what to expect

Chipotle Mexican Grill is expected to report its first-quarter earnings after the bell on Wednesday. Here's what Wa...

CitrixNews Staff · 1 month ago
Powell Says He Will Stay on as Fed Governor After Term as Chair Ends
Business

Powell Says He Will Stay on as Fed Governor After Term as Chair Ends

Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain ...

CitrixNews Staff · 1 month ago
PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle
Business

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

PayPal CEO Enrique Lores has this week told managers that he is reorganizing the firm's reporting lines to separate...

CitrixNews Staff · 1 month ago
Bill Ackman’s I.P.O., Pershing Square USA, Raises $5 Billion
Business

Bill Ackman’s I.P.O., Pershing Square USA, Raises $5 Billion

The initial public offering of Mr. Ackman’s new fund, Pershing Square USA, raised $5 billion.

CitrixNews Staff · 1 month ago
Musk laments being a ‘fool’ for funding OpenAI on day two of court testimony
Business

Musk laments being a ‘fool’ for funding OpenAI on day two of court testimony

Lawyers for Musk, the world’s richest person, sought to paint him as a tech pioneer who wanted to aid humanityAfter a dr...

CitrixNews Staff · 1 month ago
The Guardian view on the UAE quitting Opec: whatever importers pay, the price of fossil fuels is too high | Editorial
Business

The Guardian view on the UAE quitting Opec: whatever importers pay, the price of fossil fuels is too high | Editorial

The world must accelerate the shift to renewables, regardless of the economic effects of Abu Dhabi’s decisionOpec appear...

CitrixNews Staff · 1 month ago
Rachel Reeves’s plan to mandate how pension funds invest was always a mistake | Nils Pratley
Business

Rachel Reeves’s plan to mandate how pension funds invest was always a mistake | Nils Pratley

You can understand the motivation – more UK investment by UK funds means faster UK growth – but fiduciary duty trumps al...

CitrixNews Staff · 1 month ago
In court, Elon Musk accuses OpenAI of trying to 'have your cake and eat it, too'
Business

In court, Elon Musk accuses OpenAI of trying to 'have your cake and eat it, too'

Business In court, Elon Musk accuses OpenAI of trying to 'have your cake and eat it, too' April 29, 20261:30 PM ET ...

CitrixNews Staff · 1 month ago
Leasehold ban in England and Wales ‘unlikely before next general election’, minister says
Business

Leasehold ban in England and Wales ‘unlikely before next general election’, minister says

Matthew Pennycook says ending system must be done slowly to avoid hitting housing supply and legal pitfallsA ban on new ...

CitrixNews Staff · 1 month ago
Paramount CEO David Ellison wants to release 30 films annually. History and Hollywood say it's unrealistic
Business

Paramount CEO David Ellison wants to release 30 films annually. History and Hollywood say it's unrealistic

Paramount CEO David Ellison is trying to do something that no other studio has done in the modern age of cinema — releas...

CitrixNews Staff · 1 month ago
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