Dow Futures Trade Mixed Following Relief Rally

investing.com By Oliver Gray Investing.com - U.S. stock futures were trading mixed during Monday’s evening deals, following a strong relief rally among major benchmark indices during the regular session as weaker than expected ISM...

'Always check the label': ESG funds not as green as they seem

investing.com By Juliette Portala - One in seven funds branded as sustainable has a carbon emissions intensity higher than the average across all investment funds, and no climate-labelled fund has a portfolio fully aligned with...

S.Korea's Naver says it will acquire Poshmark in U.S. for $1.6 billion

investing.com SEOUL - South Korean tech firm Naver Corp said on Tuesday it plans to acquire $1.6 billion worth of shares in Proton Parent Inc, in order to acquire Poshmark Inc, a U.S. secondhand fashion platform, as a strategic...

Buffett's designated successor Greg Abel boosts Berkshire stake

investing.com By Jonathan Stempel - Greg Abel, who is next in line to succeed Warren Buffett as Berkshire Hathaway (NYSE:BRKa) Inc's chief executive, spent more than $68 million on the conglomerate's shares last week, after...

Rivian Delivers Q3 Production Update, Maintains Output Guidance; Shares Rally

investing.com By Yasin Ebrahim Investing.com -- Rivian reported Monday third-quarter deliveries that were in line with its expectations and said it was on track to meet its annual production guidance. The company produced 7,363...

Rivian produces over 7,000 vehicles in third quarter

investing.com - Rivian Automotive Inc said on Monday it produced 7,363 vehicles at its manufacturing facility in Normal, Illinois and delivered 6,584 vehicles in the quarter ended Sept. 30. The company also reiterated its...

Brazil run-off likely to be a close race, says Moody's

investing.com - Moody's (NYSE:MCO) rating agency said on Monday that the results of Brazil's election on Sunday indicate a tight race in the run-off between President Jair Bolsonaro and former President Luiz Inacio Lula da Silva...

Benetton, Blackstone's takeover of Atlantia to start on Oct. 10

investing.com MILAN - The Italian market watchdog has cleared the multi-billion buyout bid prepared by the Benettons and U.S. investment fund Blackstone (NYSE:BX) on Italy's Atlantia, the two partners said, adding the takeover...

Credit Suisse in market spotlight despite moves to calm concerns

investing.com By Oliver Hirt and Michael Shields ZURICH -Credit Suisse shares slid by as much as 10% on Monday, reflecting market concerns ahead of a restructuring plan due to come with third-quarter results at the end of...

U.S. Supreme Court punts Oakland appeal over Las Vegas move by NFL's Raiders

investing.com By Mike Scarcella WASHINGTON - The U.S. Supreme Court on Monday declined to hear Oakland's bid to collect more than $240 million in damages from the National Football League and its 32 teams for allowing the Raiders...

U.S. Supreme Court spurns coal executive's challenge to mine-explosion conviction

investing.com By Nate Raymond WASHINGTON - The U.S. Supreme Court on Monday turned away former Massey Energy Co CEO Donald Blankenship's bid to overturn his conviction on a charge of criminal conspiracy stemming from a 2010 West...

Amazon raises hourly pay for some workers

aol.com - Amazon.com Inc's warehouse and transportation workers will receive an increased average starting pay of more than $19 per hour from $18, the world's largest online retailer said on Wednesday. The wage hike would...

Chipmaker Qualcomm says automotive future business expands to $30 billion

investing.com By Jane Lanhee Lee and Akash Sriram -U.S. chip designer Qualcomm (NASDAQ:QCOM) Inc on Thursday said its automotive business "pipeline" increased to $30 billion, up more than $10 billion since its third quarter...

After-Hours Movers: Spectrum Pharm Sinks on Negative FDA Panel, Costco Dips on EPS

investing.com After-Hours Stock Movers: Spectrum Pharmaceuticals 28% LOWER; The FDA's Oncologic Drugs Advisory Committee (ODAC) met to review poziotinib for the treatment of patients with previously treated locally advanced...

Tesla recalls nearly 1.1 million U.S. vehicles to update window reversing software

investing.com By David Shepardson WASHINGTON -Tesla is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of...