The largest asset class just got bigger. The nation’s housing market is now worth $47.5 trillion, after its value increased by another $2.4 trillion over the past year, according to…
Category: Business News
Two buildings damaged, people evacuated after “accident” in St. Petersburg, Russia, governor says Reuters
5/5 ©Reuters. A view shows a multi-storey residential building damaged following an alleged drone attack in St. Petersburg, Russia, March 2, 2024. REUTERS/Stringer 2/5 ST PETERSBURG (Reuters) – Two buildings…
Super Micro joins the S&P 500 after a 20-fold rise in shares in two years
David Paul Morris | Bloomberg | Getty Images Supermicrocomputer is joining the S&P 500 following a historic stock rally that pushed the company’s market capitalization above $50 billion. The shares,…
How many Texas Panhandle cows died in the largest wildfire in state history
First, flames stormed the landscapes of the Texas Panhandle, burning the grassy plains and scrub of the region’s cattle ranches. On Friday, ranchers faced a daunting task: navigating miles of…
UK pension plans performing poorly amid ban on new members
Stay informed with free updates Just sign up to Pension sector myFT Digest: delivered straight to your inbox. Poorly performing pension schemes will be banned from taking on new business…
Lawyers who overturned Elon Musk’s pay as excessive want $6 billion in compensation From Reuters
©Reuters. FILE PHOTO: Elon Musk, CEO of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the…
Waymo has approved the expansion of its robotaxi service to Los Angeles on the San Francisco peninsula
Passengers travel to Santa Monica aboard an electric Waymo with fully autonomous technology Allen J. Cockroaches | Los Angeles Times | Getty Images Of the alphabet The Waymo robotaxi unit…
Reddit expects a $6.5 billion valuation for its planned IPO, well below its pandemic-era peak
Reddit expects a valuation of as much as $6.5 billion in its initial public offering, according to people familiar with the matter. The social media company plans to target a…
Lawyers in Elon Musk case ask for $6 billion in Tesla stock
Unlock the Publisher’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Lawyers for shareholders who defeated Elon Musk’s $56 billion Tesla…
Factbox-What was agreed during the WTO negotiations in Abu Dhabi? By Reuters
©Reuters. FILE PHOTO: Delegates pose for a family photo during the 13th WTO Ministerial Conference in Abu Dhabi, United Arab Emirates, February 26, 2024. REUTERS/Abdel Hadi Ramahi/File Photo By Emma…