Finance

Rite Aid’s exit from bankruptcy hinges on CEO’s $20 million payout

Rite Aid Corp.’s main lenders are demanding a proposed $20 million payout to Chief Executive Officer Jeffrey Stein be reduced before they fund...

EV sales slump, Hertz dump take used Tesla to no haggle $25,000 price

The race to the $25,000 EV in the U.S. car market has been won, but not in the way the auto industry wanted.Since...

Hero MotoCorp raises 2.2% stake in Ather Energy for about Rs 124 cr

The board of Hero MotoCorp, the largest investor in Ather Energy, approved the purchase of an additional stake of 2.2% in the electric...

US FDA staff raise no major concerns about Eli Lilly Alzheimer’s drug By Reuters

By Bhanvi Satija and Julie Steenhuysen (Reuters) -An FDA analysis of trial data for Eli Lilly (NYSE:)'s experimental Alzheimer's drug donanemab released...

We used AI to analyze 24 years of retailers’ SEC disclosures—and found the one factor that would have doubled investor returns

Jeffrey B. Wenger is the director of the RAND Lowy Family Middle-Class Pathways Center. George Zuo, an applied microeconomist, works at RAND researching...

Humane, the startup behind the AI Pin, in talks with HP, telecoms to sell

Humane, the AI hardware startup founded by ex-Apple designers, is seeking a buyer after its AI Pin's lukewarm debut. It is currently in...

Ross Stores shares maintain buy rating, price target steady on executives discussions By Investing.com

On Thursday, TD Cowen maintained its Buy rating on Ross Stores, Inc. (NASDAQ:) with a consistent price target of $176.00. The firm's stance...

Kroger will give away 45,000 pints of free ice cream this month

California and Arizona are under a heat dome, with highs expected to top 110 degrees in some areas today. Patrons at Walt Disney...

This chip stock just won a big Google contract and is carving out its niche in AI

This likely winner of a big chip contract from Google could see shares rally another 20% from here, according to JPMorgan. Analyst Harlan...
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