President Joe Biden and his Chinese counterpart Xi Jinping are expected to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco in November. Saul Loeb | Afp | Getty Images Global chip stocks fell sharply, with ASML, Nvidia and TSMC posting declines amid reports of tighter export restrictions from the U.S. … Read more
Southwest Airlines CEO Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange on Dec. 9, 2021. Brendan McDermid | Reuters A top Southwest Airlines shareholder on Wednesday signaled its support for Elliott Management’s activist campaign to oust CEO Bob Jordan and executive chairman Gary Kelly, as the carrier struggles … Read more
Tesla and SpaceX’s CEO Elon Musk reacts during an in-conversation event with British Prime Minister Rishi Sunak in London on Nov. 2, 2023. Kirsty Wigglesworth | Reuters Tesla shares fell in pre-market trade on Thursday, after the company reported earnings that missed expectations and warned of a slowdown in 2024. Shares of Tesla were around … Read more
