Elon Musk Seeks Greater Control Over Tesla Ahead of AI Advancements

[ad_1] Updated Jan. 16, 2024 7:28 am ET Elon Musk said he feels uncomfortable making Tesla a leader in artificial intelligence and robotics without having about 25% voting control of…

Goldman Sachs Reports Sharply Higher Earnings, Helped by Asset and Wealth Management

[ad_1] Goldman Sachs reported sharply higher profit for the fourth quarter, bolstered by a strong performance in its asset and wealth management business. The bank on Tuesday said quarterly profit…

Synopsys to Acquire Ansys in $35 Billion Deal

[ad_1] Synopsys will acquire Ansys in a cash-and-stock deal giving the design-software company an enterprise value of about $35 billion. [ad_2] Source link

WSJ News Exclusive | Global Battery Race Heats Up With Billions for Europe’s Northvolt

[ad_1] Jan. 16, 2024 12:01 am ET One of the world’s most valuable battery startups is raising $3.4 billion in debt from the European Union and a group of banks…

Natural-Gas Prices Remain Under Pressure Despite Cold Snap

[ad_1] Natural-gas prices have been low this winter, helped by healthy production and unusually warm weather. The current winter storm could change that temporarily, but the long-term forecast is still…

The $65 Million Perk for CEOs: Personal Use of the Corporate Jet Has Soared

[ad_1] One of the flashiest executive perks has roared back since the onset of the pandemic: free personal travel on the company jet. Companies in the S&P 500 spent $65…

Profits Comeback Paired With Rate Cuts Make a Powerful Mix

[ad_1] Profits are growing again, and the Federal Reserve looks as if it will start cutting rates sometime this year. It is an unusual combination and, for the stock market,…

Shell to Sell Nigeria Onshore Oil Business for Up to $2.4 Billion

[ad_1] Updated Jan. 16, 2024 5:42 am ET Shell has agreed to sell its Nigerian onshore oil subsidiary for up to $2.4 billion, making good on a promise to exit…

Ocado Sees Further Revenue Growth Supported by Volumes

[ad_1] Ocado Group said it expects revenue to further increase in fiscal 2024 supported by volume growth after a record Christmas performance. The online grocer and retail-technology specialist on Tuesday…

ETFs Make Bitcoin’s Problems Even Worse

[ad_1] Updated Jan. 16, 2024 12:01 am ET The new wave of U.S. bitcoin ETFs risk being doubly bad for investors.  As holders of bitcoin they undermine the very purpose,…