This chip maker’s CEO called a bottom, and the high-yielding stock is soaring
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Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - 10h -
Nikola, Electric Truck Maker, Files for Bankruptcy
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.The New York Times - 1d -
Chinese Hospital Bankruptcies Soar Amid Financial Strains
Still recovering from heavy spending during the pandemic, hospitals are squeezed by a slumping economy and government efforts to curb health care spending.The New York Times - 22h -
Aviation industry warns travellers of soaring fares
Yahoo News - 3h -
Japan warns over threat from China’s chip material export controls
Officials and executives say gallium rules will upset supply chains for chips and vehicle batteriesFinancial Times - 10h -
HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI’s Sam Altman. The pin will be discontinued.The New York Times - 2d -
Troubled electric vehicle maker Nikola files for bankruptcy protection
Troubled electric vehicle maker Nikola is filing for for Chapter 11 bankruptcy protectionABC News - 1d -
With RFK Jr. in charge, supplement makers see chance to cash in
The FDA is already limited in policing claims of health benefits by makers of supplements and herbal remedies — a $70 billion industry. Get ready for even less regulation.CBS News - 3h -
‘When the chips are down, Jack Nicholson is there’: Anjelica Huston on love, loss and legal drama
From being told she couldn’t act to winning an Oscar, the Hollywood star has had a wild life. She talks old flames, being tucked up in bed for her new Agatha Christie mystery, and why she’s ...The Guardian - 58m -
Kontoor Brands CEO describes growth plans for new acquisition
In a Thursday interview with CNBC's Jim Cramer, Kontoor Brands CEO Scott Baxter discussed the apparel company's new acquisition.CNBC - 13h
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How a national-security review made AppLovin America’s hottest stock — and its founders billionaires
Who says government can’t create wealth? CFIUS, an obscure panel playing an increasing market role, blocked the sale of AppLovin years before a stock-market bonanza.MarketWatch - 55m -
Oil heads for weekly gains on supply worries, but remains stuck in range
“A number of decisions are pending … could drive the oil price in one direction or the other,” one analyst notes.MarketWatch - 1h -
The stock market is expensive. But there’s still one bull case not priced in, says Bank of America.
Bank of America says heavily regulated sectors have yet to fully rallyMarketWatch - 1h -
‘She’s bleeding her retirement dry’: My friend earns $9 an hour, but wastes money on vacations and massages. What can I do?
‘She blew through her inheritance fast and paid for the down payment on her car with credit cards’MarketWatch - 2h -
‘Is this ethical?’ I want to leave my home to my children from my first marriage — and not to my second husband.
“My husband has two children, who also have a mother and grandparents who have an inheritance to leave them.”MarketWatch - 2h
More in Business
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Coinbase says the SEC has agreed to end enforcement case against crypto exchange
The announcement comes as the regulator is expected to be more friendly to crypto under President Donald Trump.CNBC - 15m -
Profits, Not D.E.I., Are Why Companies Exist
An awkward truth has become evident in the first days of the Trump administration, as many firms mute their commitments to diversity and sustainability.The New York Times - 18m -
Energy drink stock Celsius pops more than 30% on big quarterly results, Alani Nu acquisition
Investors appear reassured by the company's potential growth prospects, given its record full-year revenue and its acquisition of a rival energy drink brand.CNBC - 22m -
'We felt at home': Israeli weapons firms out in force at Abu Dhabi defense expo
A record 34 Israeli companies exhibited at IDEX this week, the Middle East's largest defense expo hosted biennially by Abu Dhabi.CNBC - 23m -
UnitedHealth tumbles 12% on WSJ report the DOJ is investigating Medicare billing practices
The investigation centers on UnitedHealth's Medicare billing practices.CNBC - 33m