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In a groundbreaking development for urban air mobility, the United Arab Emirates' General Civil Aviation Authority (GCAA) has approved the design for transforming the Abu Dhabi Cruise Terminal helipad into a hybrid heliport capable of accommodating both traditional helicopters and electric vertical take-off and …
U.S. markets rallied on Wednesday, with the Dow up 1.07%, the S&P 500 gaining 1.67%, and the Nasdaq surging 2.5%, boosted by President Trump's remarks suggesting Chinese tariffs may be lowered and reaffirming support for Fed Chair Powell. However, gains were trimmed after Treasury …
Newmont Corporation (NYSE: NEM, ASX: NEM, TSX: NGT, PNGX: NEM) has kicked off 2025 with a robust financial performance, reporting a net income of $1.9 billion for the first quarter. The mining giant also declared a quarterly dividend of $0.25 per share.
U.S. stock futures surged, extending gains from the previous session as investor sentiment improved. The rally was driven by President Trump’s assurance that he won’t dismiss Fed Chair Jerome Powell, easing concerns about political interference in monetary policy, and his more conciliatory remarks on …
H.I.G. Capital, a global alternative investment firm managing $69 billion in assets, has officially completed its acquisition of Converge Technology Solutions Corp. and announced the integration of Converge with its portfolio company, Mainline Information Systems, LLC. The newly formed entity will operate under a …
Tesla, Inc. (NASDAQ:TSLA) reported financial results for the first quarter of 2025, revealing a 9% year-over-year drop in total revenue to $19.3 billion, primarily attributed to planned production line upgrades for the revamped Model Y across its four global vehicle factories.
Intuitive Surgical, Inc. (Nasdaq:ISRG) has reported financial results for the first quarter ended March 31, 2025. the results are driven by the demand for robotic-assisted procedures and the adoption of its next-gen da Vinci 5 system powered growth across the board.
U.S. stock futures edged higher, partially recovering from the previous session’s sharp losses as investors weighed concerns over Federal Reserve independence and unclear economic direction from the Presidential administration. All three major indices were set to open just under 1% higher. The earlier selloff, …
Commercial insurer W.R. Berkley Corp. (NYSE:WRB) reported a 5.6% decline in first-quarter earnings on Monday, as mounting catastrophe losses dragged down its underwriting performance, marking the company’s first quarterly profit drop in nearly two years.
Walgreens (NASDAQ:WBA) Boots Alliance has agreed to pay up to $350 million to resolve allegations that it filled millions of unlawful prescriptions for opioids and other controlled substances over more than a decade, the U.S. Department of Justice (DOJ) announced on Friday.
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