Website creator Wix.com raises 2023 estimates after large Q2 beat
Wix.com, which helps small businesses build and operate websites, swung to a net profit in the second quarter that was more than double forecasts and
CoreWeave raises $2.3 billion in debt collateralized by Nvidia chips
Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone and collateralized by Nvidia chips, with the funds
Massachusetts regulators launch probe into AI in securities industry
Massachusetts securities regulators have opened an investigation into the ways in which investment firms use artificial intelligence in their interactions with investors, citing concerns about
S&P 500, Dow slip in volatile session as yields rise, earnings disappoint
The Dow and the S&P 500 slipped in choppy trading on Thursday as a jump in bonds yields, downbeat corporate earnings and a slew of
Warner Bros Discovery warns Hollywood strikes may hit performance
Warner Bros Discovery warned Thursday that the dual Hollywood strikes by writers and actors could hit its flagging studio business already bruised by high-profile box office
Hyundai, Kia recall 91,000 US vehicles over fire risks, urge owners to park outside
Hyundai Motor and Kia said on Thursday they are recalling more than 91,000 newer vehicles in the United States because of fire risks and urged owners to
One piece of the puzzle to stem Amazonian deforestation and promote rural livelihoods: the bioeconomy
Urgent solutions are needed to stem the massive destruction of natural and cultural wealth in the Amazon rainforest, with deforestation in Brazil on the rise
Foxconn to invest $600 million in India’s Karnataka to make iPhone components, chip equipment
Foxconn will invest $600 million in two projects in India’s Karnataka to make casing components for iPhones and chip-making equipment, signaling its growing interest in the
CVS Health cuts 5,000 jobs as part of restructuring plan
CVS Health said on Wednesday it has eliminated about 5,000 non customer-facing roles as it seeks to rein in costs after a recent spree of acquisitions.
Deep trade agreements and firms’ exports
Deep trade agreements are widely used by governments in developing countries to boost their firms’ exports. This column combines data on firm-level exports for a
