(CNBC) McDonald’s is closing its U.S. corporate offices Monday through Wednesday as the company lays off hundreds of workers, a person familiar with the matter told CNBC. CEO Chris Kempczinski announced in January that the company would be cutting jobs […]

(CNBC) Tesla shares closed down 6% on Monday after the company’s quarterly deliveries report led some investors to worry that more price cuts will be needed to drive sales, eating into margins. Tesla reported first-quarter deliveries of 422,875 electric vehicles […]

(CNBC) Google’s finance chief Ruth Porat recently said in a rare companywide email that the company is making cuts to employee services. “These are big, multi-year efforts,” Porat said in an email titled: “Our company-wide OKR on durable savings.” Google […]

(CNBC) A group of lawmakers will travel to California to meet with tech and media executives, including Apple CEO Tim Cook and Disney CEO Bob Iger, to discuss China-related topics. Nearly a dozen lawmakers representing both parties on the House […]

(CNBC) Nasdaq 100 futures retreated on Sunday evening as Wall Street turned its attention to the start of the second quarter. Nasdaq 100 futures shed 0.36%, while S&P 500 futures slid 0.10%. Futures for the Dow Jones Industrial Average ticked […]

(CNBC) Burger chain McDonald’s is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about its layoffs as part of a broader company restructuring, The Wall Street Journal reported on Sunday. In an internal email […]

(CNBC) Tesla on Sunday posted its first-quarter vehicle production and delivery report for 2023. Here are the key numbers from the electric vehicle maker: Total deliveries Q1 2023: 422,875 Total production Q1 2023: 440,808 Deliveries are the closest approximation of sales […]

(Hedgeweek) After eleven straight months of redemptions, hedge fund industry flows reversed course in January as the industry posted $3.94 billion worth of net inflows, equivalent to about 8 basis points in asset growth, according to the Barclay Fund Flow […]

(Hedgeweek) New hedge fund launches were on the rise in Q4 2022 as the industry headed into 2023, with 96 funds making their debut, rising from 71, the lowest level since Q4 2008, in the prior quarter, according to the […]

(Hedgeweek) Struggling US home furnishings retailer Bed bath & Beyond has terminated its fundraising deal with hedge fund Hudson Bay Capital, and is instead looking to the public market to raise funds as it looks to stave off bankruptcy. To […]

(CNBC) U.S. stock futures were flat on Thursday night. Dow Jones Industrial Average futures added 14 points, or 0.04%. S&P 500 futures rose 0.09%, while Nasdaq 100 futures gained 0.05%. To read this article:

(CNBC) Sam Bankman-Fried pleaded not guilty in New York federal court Thursday to five additional charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research. Bankman-Fried’s attorney, Mark Cohen, said he plans to file […]