Toyota production in Japan hit by parts crunch from COVID-19
TOKYO (AP) — The shortage of parts caused by the coronavirus pandemic is further denting production at Toyota, Japan’s top…
Gloomy Netflix Forecast Erases Much Of Stock’s Pandemic Gains
By Lisa Richwine LOS ANGELES (Reuters) -Netflix Inc dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth…
Deutsche Bank Hires BofA’s Fine-art Lending Expert John Arena
(Reuters) – Deutsche Bank AG has hired John Arena from Bank of America to help structure art loans for ultra-rich…
Lawsuit Alleges Tellurian Chief Defrauded Investor In Short-seller Battle
By Marcy deLuna HOUSTON (Reuters) – A California investor sued Tellurian Inc Chairman Charif Souki on Thursday, accusing him of…
Peloton Loses $2.5 Billion In Market Value After Report On Production Pause
(Reuters) -Peloton Interactive Inc is temporarily halting production of its connected fitness bikes and treadmills after a significant drop in…
Yellen Says Fed, Biden Administration Will Take Steps To Control Inflation
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Thursday she was confident the Federal Reserve and the Biden administration…
California’s COVID gun store shutdowns ruled illegal
SACRAMENTO, Calif. (AP) — Two California counties violated the Constitution’s right to keep and bear arms when they shut down…
CSX railroad’s Q4 profit jumps 23% even though volume slips
OMAHA, Neb. (AP) — CSX railroad’s fourth-quarter profit jumped 23% even though volume slipped amid the ongoing supply chain challenges….
New vehicles to be rated on how they make drivers stay alert
DETROIT (AP) — Two organizations that influence many Americans’ automobile buying decisions will begin rating vehicles on how well they…
Netflix stock plunges as subscriber growth worries deepen
SAN RAMON, Calif. (AP) — Netflix delivered its latest quarter of disappointing subscriber growth during the final three months of…