News list for " US Media"
On February 21, according to the Wall Street Journal, Ryan Cohen, CEO of GME. N, increased his stake in Alibaba (BABA. N) to $1 billion. Cohen is known as the king of meme stocks because he helped spark an explosive rally in GME. N and other businesses during the epidemic. In recent months, his personal stake in Alibaba has increased to about $1 billion, or about 7 million shares, according to people familiar with the matter. The big bet on Alibaba reflects Cohen's optimism about China's long-te...
On February 16, according to the Wall Street Journal, Broadcom (AVGO. O) and TSMC (TSM. N) are each eyeing a potential deal that could split Intel (INTC. O) in two, according to people familiar with the matter. Broadcom has been keeping a close eye on Intel's chip design and marketing business and has informally discussed a bid with advisers, but may only bid if it finds a partner for Intel's manufacturing operations. Broadcom has not submitted any documents to Intel. TSMC has been looking into ...
According to the US media The Information, Apple recently started working with Alibaba Group to develop artificial intelligence features for iPhone users in China. According to people familiar with the matter, the move is one of Apple's strategies to cope with the decline in sales in China, aiming to provide more attractive software features. The sources added that Apple and Alibaba have submitted jointly developed Chinese artificial intelligence features to China's network regulator for approva...
House Republicans are seeking to cut federal spending by $2 trillion to $2.50 trillion.
House Republicans are seeking to cut federal spending by $2 trillion to $2.50 trillion.
According to US media Punchbowl, US President-elect Donald Trump will withdraw from the Paris climate agreement.
On December 24th, according to CNBC, a person familiar with the matter said that several large banks are planning to sue the Federal Reserve over the annual bank stress testing. The person said that the lawsuit is expected to be filed this week, possibly as early as Tuesday morning local time. The Fed's stress testing is an annual routine that requires banks to reserve sufficient buffers for non-performing loans and stipulates the size of stock repurchases and dividends. After the market closed ...
On December 21st, according to NBC News, after the House of Representatives passed the emergency funding bill to prevent the government "shutdown", the bill will be sent to the Senate for a vote. The consent of all 100 senators is required to pass the emergency funding bill to avoid the government shutdown before midnight. When asked if there will be a vote before midnight, US Senate Majority Leader Schumer said: "We are now completing the amendment process." If the Senate votes beyond the midni...
On December 13, according to a report in the Wall Street Journal, people familiar with the matter said that Trump's advisers and officials from his newly formed Department of Government Effectiveness have asked him whether he can abolish the Federal Deposit Insurance Corporation. Some of them said that advisers have also asked nominees who are considering positions at the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency (OCC) whether they can merge the depo...
On December 8, according to CNN, local residents said that with the collapse of the Syrian government's defenses, the Syrian opposition appears to have entered Damascus. "Rebels have appeared in the town of Barzeh in Damascus, and clashes are currently taking place," residents said. "I saw rebel fighters moving through the inner alleys of Barzeh towards Police Club Street, and I could hear very loud clashes. Electricity was cut off, the network was weak, and people had to stay at home."
