Home Latest News PRESS DIGEST- New York Times business news – Aug 31 – Yahoo...

PRESS DIGEST- New York Times business news – Aug 31 – Yahoo Finance

Aug 31 (Reuters) – The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
– Alphabet Inc's Google said on Tuesday that it would not distribute Truth Social on its Play app store until Truth Social, the social media platform founded by former President Donald J. Trump, removed content that incites violence. https://nyti.ms/3Tu9rrp
– Elon Musk said in a letter to Twitter that allegations made by whistle-blower Pieter Zatko, Twitter's former security chief, have had a "material, if not existential" effect on the company. https://nyti.ms/3KBnQOI
– First Solar , a big solar panel manufacturer, said on Tuesday that it would invest up to $1.2 billion to build its fourth factory in the United States, in large part because Congress this month passed a major energy and climate bill that expands incentives for renewable energy. https://nyti.ms/3cwhTFU
– The Washington Post's chief executive Fred Ryan in recent weeks has floated with newsroom leaders the possibility of cutting 100 positions, according to several people with knowledge of the discussions. The newsroom now has about 1,000 people. https://nyti.ms/3dY16Mi (Compiled by Bengaluru newsroom)
Related Quotes
Public Storage (PSA) is poised to gain from high brand value, strategic acquisitions and robust presence in key cities, though a development boom in many markets is a concern.
(Bloomberg) — Democrats have two months to determine whether President Joe Biden’s student-debt relief plan is enough to repair fractured relations with young voters the party needs in an election with control of Congress at stake.Most Read from BloombergTrump Documents Bear Hallmarks of Closest-Held US SecretsJapan to Allow Non-Guided Group Tours From SeptemberJeremy Grantham Warns ‘Super Bubble’ in Stocks Has Yet to BurstPowell Abandons Soft Landing Goal as He Seeks Growth RecessionTrump Reco
(Bloomberg) — Apple Inc.’s top privacy executive will be leaving the company soon to work at a law firm, according to people with knowledge of the matter, stepping down from a high-profile role at the iPhone maker. Most Read from BloombergTrump Documents Bear Hallmarks of Closest-Held US SecretsJapan to Allow Non-Guided Group Tours From SeptemberJeremy Grantham Warns ‘Super Bubble’ in Stocks Has Yet to BurstPowell Abandons Soft Landing Goal as He Seeks Growth RecessionTrump Records May Have Bee
Trump’s got nothing on these.
(Bloomberg) — Shares in Alleima AB, one of Sweden’s most keenly anticipated listings this year, slipped in early trading on Wednesday as the company made its debut against a backdrop of plunging stock markets and a deepening energy crisis.Most Read from BloombergJapan to Allow Non-Guided Group Tours From SeptemberPhoto of Secret Documents Piled on Trump Carpet Adds to DOJ PressureThere’s a New Recession Canary in the Coal Mine, Morgan Stanley SaysAdani Becomes World’s Third Richest Trailing Onl
Thank you for standing by and welcome to CrowdStrike's financial fiscal second quarter 2023 results conference call. With me on the call are George Kurtz, president and chief executive officer and co-founder of CrowdStrike and Burt Podbere, chief financial officer. Before we get started, I would like to note that certain statements made during this conference call that are not historical facts, including those regarding our future plans, objectives, growth and expected performance, including our outlook for the third quarter and fiscal year 2023 are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
A “superbubble” appears dangerously near its "final act" after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential “tragedy,” according to Jeremy Grantham, the legendary co-founder of Boston-based investment firm GMO.
My rent is $850/month that I split with my girlfriend, and I do not have a car payment or credit card debt. So that might mean that if you believe it will cost $500,000 to buy the home you want, you might want to want to put down at least 20% to avoid mortgage insurance, which means you’d need to save about $100,000 over and above your emergency fund.
A summer U.S. stock-market rally off lows for the year seen in June shuddered to a halt in August, leaving major indexes on track for monthly losses as investors braced for the start of a traditionally unpleasant month for equity bulls.
It should be obvious that billionaires don’t accumulate wealth by accident. Their success is predicated on observation and savvy investment, and a privileged background helps. Billionaires like Microsoft Corp. co-founder Bill Gates likely saw an opportunity for land investment to return tenfold, by way of food shortages, well ahead of time. So it should be no surprise that the real estate investing platform Arrived Homes, backed by Amazon.com Inc. founder Jeff Bezos is taking off. He had the for
Nio (NYSE: NIO) shares have been turbulent over the last month, and that continued Wednesday morning. Earlier this week, Deutsche Bank analyst Vincent Ha said his firm thinks Nio's third-quarter deliveries will be a little over 30,000 units. Investors may react again tomorrow, when Nio will report its August delivery numbers.
Constellation Research Principal Analyst & Founder Ray Wang joins Yahoo Finance Live to make the case for why MATANA should be the new name for Big Tech stocks instead of FAANG.
The chip maker said the restrictions may affect its ability to develop a new product on time and could force it to move some operations out of China.
The Dow Jones fell amid weak new jobs data. A Warren Buffett stock took a tumble. BBBY stock cratered, with AMC stock also dipping.
“If history repeats, the play will once again be a Tragedy. We must hope this time for a minor one,” famed investor Jeremy Grantham warned this week.
The U.S.’s largest chip maker by market value says the new rule puts up to $400 million of quarterly sales into jeopardy.
Top trending stocks in after-hours trading.
With a total net worth of $137 billion, Indian-born Gautam Adani’s extraordinary wealth gain in 2022 has far surpassed that of any other billionaire, many of whom have seen their fortunes drop this year, according to Bloomberg’s running tally. The world’s richest, Tesla (TSLA) Chief Executive Officer Elon Musk, has seen a loss of $18.9 billion this year to bring his fortune to $251 billion, while Amazon.com’s (AMZN) executive chairman Jeff Bezos and No. 2 on the wealthy list, has seen his fortune tumble $39 billion this year, to $153 billion. Bloomberg reported that Adani, a college dropout, vaulted into the top three on Monday, the first time a person from Asia has made it that high into the rankings.
Yahoo Finance Live anchors discuss CrowdStrike earnings and how markets responded.
(Bloomberg) — Few outside of India had heard of Gautam Adani just a few years ago. Now the Indian businessman, a college dropout who first tried his luck as a diamond trader before turning to coal, has become the world’s third-richest person. Most Read from BloombergAdani Becomes World’s Third Richest Trailing Only Musk, BezosElon Musk Attacks Twitter Deal Over Whistle-Blower as Feud EscalatesThere’s a New Recession Canary in the Coal Mine, Morgan Stanley SaysDOJ Response Raises Doubts on Trump

source

Previous articleView a Rare Black Moon This Weekend | Smart News – Smithsonian Magazine
Next articleBitcoin, Ethereum Funds Post Second-Lowest Weekly Trading Volume This Year: Report – Decrypt