Business

Chess grandmaster Hans Niemann filed a $100 million lawsuit against world champion Magnus Carlsen and others for alleged defamatory statements claiming that Niemann cheated in competition. The suit claims that the defendants, including Chess.com, inflicted “devastating damages” against Niemann by “egregiously defaming him” and “unlawfully colluding” to bar him from the professional chess world. “My
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In this article UNP KNX JBHT Follow your favorite stocksCREATE FREE ACCOUNT CNBC’s Jim Cramer on Thursday told investors that the market is finally seeing signs that the Federal Reserve is succeeding in its fight against inflation. “We’re now finally getting progress in the war on inflation, and progress is this market’s most important product,”
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Hyundai Ioniq 6 Hyundai DETROIT – The Biden administration’s elimination of tax credits for imported electric vehicles deals a massive blow to Hyundai Motor’s business, an executive for the automaker said Wednesday. Jose Munoz, global president and chief operating officer, declined to disclose a specific financial impact associated with the requirements of the Inflation Reduction
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This image shows waters off the coast of Orkney, an archipelago north of the Scottish mainland that’s home to the European Marine Energy Centre. Capchure | Moment | Getty Images A 19.6 million euro (around $19.3 million) initiative centered around commercializing large-scale wave energy projects will be officially launched later on Wednesday, in a move
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Andrea Ellis has been appointed CFO of Fanatics Betting & Gaming. Source: Fanatics Fanatics is getting one step closer to launching its highly anticipated sports-gambling division, nearly five years after the Supreme Court overturned the rule preventing states from legalizing bets on sporting events. The sports platform and e-commerce company, which has been valued at
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A smartphone with the Starlink logo displayed on the screen. Sopa Images | Lightrocket | Getty Images Elon Musk said in a tweet Saturday that his company SpaceX would continue to fund Starlink satellite internet terminals for the Ukrainian government as it battles invading Russian forces. “The hell with it,” the billionaire tweeted, “even though Starlink
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In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the social media platform, Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background. Rafael Henrique | Lightrocket | Getty Images Former President Donald Trump’s media company fired an executive
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