Evan Greenberg, president and chief executive officer of Chubb Ltd., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 10, 2019. Patrick T. Fallon | Bloomberg | Getty Images Chubb’s stock is falling on Wednesday despite a big earnings beat and a…
Rivian founder and CEO RJ Scaringe on April 22, 2026 drives the first customer-ready electric R2 SUV off the assembly line at the company’s plant in Normal, Illinois. Courtesy Rivian Rivian Automotive on Wednesday said it has started production of its new R2 all-electric vehicle for customers at its plant in Normal, Illinois. The start…
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty Images Treasury Secretary Scott Bessent said on Wednesday that “many” oil-rich U.S. allies in the Persian…
Rep. David Scott, D-Ga., questions HUD Secretary Marcia Fudge during the House Financial Services Committee hearing titled Building Back A Better, More Equitable Housing Infrastructure for America: Oversight of the Department of Housing and Urban Development, in Rayburn Building on Tuesday, July 20, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images U.S. Rep. David Scott, a Georgia Democrat…
Seattle Seahawks general manager John Schneider has built two Super Bowl-winning teams through the draft as he enters his 17th season at the helm. Can Schneider bring a third Lombardi Trophy to Seattle by building through the draft? Well, the 2026 draft will bring some obstacles to the Seahawks as they look to add to…
Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chair, told lawmakers that he would like the central bank to change its strategy for measuring inflation. But Bank of America economist Aditya Bhave warned Wednesday that such a reconfiguration — part of a broader “regime change” that Warsh has promised for the central bank —…
Tesla’s earnings report is coming after markets close on Wednesday, but those figures won’t be a top driver of movement in the stock, Wall Street analysts said. Signals about the company’s longer-term ventures in energy storage, autonomous driving, AI chips, and robotics are more likely to matter to the share price. Tesla is facing declining…
Daniel Shapero, CEO of LinkedIn and Ryan Roslansky, EVP of LinkedIn and Microsoft Office. Courtesy: LinkedIn Microsoft has tapped Dan Shapero to be the new CEO of its LinkedIn division, succeeding Ryan Roslansky, who has run the subsidiary since 2020 and last year took on additional responsibility in Microsoft’s Office productivity group. The change is…
The Kansas City Royals are moving from their longtime home at Kauffman Stadium to the downtown Crown Center area, partnering with Hallmark Cards on a $3 billion project that includes a mixed-used development with a new ballpark as its centerpiece. Royals owner John Sherman was joined by Hallmark chairman Don Hall Jr., Missouri Gov. Mike…
Check out the companies making the biggest moves midday: Calix — The AI and cloud platform tumbled 16% after the company warned of margin headwinds for the year, overshadowing better-than-expected results for the first quarter. TE Connectivity — Shares of the electrical components maker shed 12% after the company’s second-quarter guidance underwhelemed investors. TE sees…
