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Monthly Archives: February 2023

Ex-NBA star Paul Pierce settles with SEC over crypto violations

Paul Pierce #34 of the Boston Celtics celebrates after a play against the Los Angeles Lakers in the fourth quarter during Game Five of the 2010 NBA Finals on June 13, 2010 at TD Garden in Boston, Massachusetts. Elsa | Getty Images NBA Hall of Famer Paul Pierce, who won …

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Ford F-150 Lightning had separate battery issue before fire

DETROIT – A defective battery that caused a Ford F-150 Lightning in the company’s possession to catch fire earlier this month isn’t the only problem the Detroit automaker has recently experienced with its new all-electric pickup truck. On Jan. 27, a week before the fire, the company issued a “customer …

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DraftKings stock surges after company raises 2023 outlook

In this photo illustration, the American daily fantasy sports contest and sports betting company DraftKings logo is displayed on a smartphone screen. Budrul Chukrut | Lightrocket | Getty Images Shares DraftKings surged Friday morning after the sports-betting company reported stronger-than-expected revenue and raised its outlook for 2023. The bump in …

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How I balance personal and professional ambition

For many people, being ambitious relates to the accomplishments they hope to achieve either professionally or financially. But according to Kelly Evans, anchor of CNBC’s “The Exchange” and “Power Lunch,” you can “be ambitious at home as well.” Ambition drives Evans, 37, every day as she reports on what’s happening …

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Foreign policy experts and investors are divided on China

A Chinese spy balloon flies above in Charlotte NC, United States on February 04, 2023. Experts say their appearance has raised serious questions about Beijing’s deep surveillance efforts. Anadolu Agency | Anadolu Agency | Getty Images Top foreign policy experts expressed grave concerns about the state of U.S.-China relations at …

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Why America’s outdated energy grid is a climate problem

Transmission towers are shown on June 15, 2021 in Houston, Texas. The Electric Reliability Council of Texas (ERCOT), which controls approximately 90% of the power in Texas, has requested Texas residents to conserve power through Friday as temperatures surge in the state. Brandon Bell | Getty Images This story is …

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Finland, Sweden’s plan to join NATO could be delayed after Turkey’s earthquake

Finland is concerned that its application to join NATO in the wake of Russia’s invasion of Ukraine will be delayed after a devastating earthquake in Turkey. Helsinki applied to join the defense alliance back in May, alongside its neighbouring nation Sweden — in a historic move, given the Nordic country’s …

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5 things to know before the stock market opens Friday, February 17

Here are the most important news items that investors need to start their trading day: 1. Inflated concerns Just when it looked like Wall Street would shrug off worries about inflation, wholesale prices came in hotter than expected Thursday, sending all three major indices into the red. Investors also chewed …

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Ukrainian victory would lead to ‘dissolution of the Russian empire’

Hungarian-born US investor and philanthropist George Soros. Fabrice Coffrini | AFP | Getty Images A Ukrainian victory in the war with Russia would result in the “dissolution of the Russian empire,” billionaire fund manager George Soros told the Munich Security Conference on Thursday. In a prepared speech, the Hungarian-born investor …

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Indonesia’s GoTo shares surge as it brings forward profitability timeline

GoTo Group expects group contribution margin, which shows revenue after variable costs, to become positive by first quarter of 2023 – a year ahead of schedule. Dimas Ardian | Bloomberg | Getty Images Shares of Indonesian tech giant GoTo Group surged as much as 4.96% on Friday morning a day …

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