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In Wall Street’s epic comeback, unsolved market mysteries abound
The financial ecosystem is flashing warning signs for the likes of hedge funds and day traders plunging back into risk.
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United to cut Newark operations as FAA issues snarl flights
The “long-simmering FAA challenges boiled over this week,” United Chief Executive Officer Scott Kirby said in a letter to customers Friday.
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Amazon CEO Andy Jassy plays up his retail rivals’ worst nightmare: Trump’s tariffs may actually strengthen Amazon
Jassy tried to persuade Wall Street that Amazon will be just fine, despite worries about a tariff war with China.
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Trump got a strong jobs report, but not in the way he necessarily wanted
The bulk of new jobs in April came from industries that do not necessarily reflect the administration’s priorities.
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Nio is facing heavy competition in China’s fierce EV market. Making key design decisions ‘within hours’ could help it break through
To keep ahead of the competition, “design really has to be leading edge, always looking forward, very progressive,” says Kris Tomasson, Nio’s VP of design.
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Nigel Farage’s Reform UK hammers Tories and Labour in local election rout
Big two parties lose ground while rightwing rival surges in council and mayoral polls
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Farage claims transformation of British politics as Reform makes major gains
Widespread local election wins raise prospect of populist party becoming Labour’s main opposition
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‘Apocalyptic’: Tory wipeout as Farage storms English councils
Reform party’s rout in local elections poses huge challenges for Conservatives and Labour