business news

Will Smith has been banned from attending the Academy Awards for the next decade after slapping Chris Rock during the ceremony last month.On Friday, the Academy of Motion Pictures Arts and Sciences called Smith's behavior "unacceptable"…

Kroger is opening automated warehouses around the country to build a larger and more profitable online grocery business.KrogerCheck out the companies making headlines in midday trading Friday.Robinhood — Shares of the trading app dropped…

Credit Suisse downgraded Alcoa to a neutral rating from outperform. Source link

Russian President Vladimir Putin might resort to weapons of mass destruction, like chemical and tactical nuclear weapons, if he fails to achieve a "conventional forces victory" in eastern Ukraine, says Niall Ferguson, a senior fellow at…

Electric Jeep Wrangler Magneto 2.0 concept vehicleJeepDETROIT — Jeep has redesigned an all-electric concept version of its flagship Wrangler, as the brand pivots from gas guzzlers to zero-emissions EVs.The Jeep Wrangler Magneto 2.0…

SINGAPORE — Shares in Asia-Pacific rose on Friday after a comeback on Wall Street as investors continued to digest the Fed's plans to fight inflation.The Nikkei 225 gained 0.45% in early trade, while the Topix advanced 0.19%.Australia's…

Charlie Munger (left) and Warren Buffett.VCG | Visual China Group | Getty ImagesHP's stock just had its best day in more than two years, and Warren Buffett's Berkshire Hathaway is almost $650 million richer because of it.In filing with…

Analysts believe HP is a classic value bet and a play on capital returns, but some cautioned that it could be a repeat of Buffett's IBM mistake. Source link

Ron Baron, the CEO of Baron Capital and one of Tesla's largest shareholders, said that Elon Musk's 9.2% stake in Twitter, and his accompanying board seat, is not significant."I think it's meaningless," he told CNBC's "Squawk Box"…

Royal Dutch Shell products in Torzhok, Russia.Andrey Rudakov | Bloomberg | Getty ImagesShell has announced that it will write off between $4 and $5 billion in the value of its assets after pulling out of Russia following the country's…