Bloomberg

Russian President Vladimir Putin may have a secret residence in northern Russia near the Finland border. What To Know: The Dossier Center posted a video on YouTube this week of a luxurious property in Marialakhti Bay in Karelia, allegedly owned by Putin. The investigative outlet is...

Tesla Inc (NASDAQ:TSLA) shares are getting a lift in Wednesday’s after-hours session following reports the company plans to open a new U.S. battery plant. What To Know: According to a Bloomberg report citing people familiar with the matter, Tesla plans to expand battery production in Nevada...

The long-awaited Apple Inc (NASDAQ:AAPL) car is likely still several years away, but new reports suggest the company has made changes that make the EV project more attainable. What To Know: Timelines for an electric vehicle from Apple have been pushed back multiple times due to development issues,...

The White House decided Tuesday to uphold the sales ban on Apple Inc's (NASDAQ: AAPL) smartwatches. What Happened: In October, the U.S. International Trade Commision determined that Apple was in violation of two health technology patents held by Masimo Corp. ...

Apple, Inc. (NASDAQ: AAPL) shares closed the day lower after Bloomberg reported China expanded its ban on Apple devices to now include state-backed firms and more government departments across at least eight Chinese provinces. What Happened According to a Bloomberg report, the ban was...

Former President Donald Trump’s cryptocurrency wallet holdings have seen a substantial surge of over $15,000 in the past 24 hours, all thanks to the recent rally in Bitcoin’s (CRYPTO: BTC) price, which soared to $35,000. What Happened: This comes as Trump's fortune is valued at $3.1...

China unveiled plans to mass-produce humanoid robots expected to change the world. What To Know: According to a new blueprint document published by China's Ministry of Industry and Information Technology last week, China is targeting humanoid robot production by 2025. The country...

More than six weeks into a strike, General Motors Co (NYSE: GM) has reached a tentative deal with the United Auto Workers that would put an end to collective bargaining talks.  What To Know: According to a Bloomberg report citing people familiar with the matter,...

There are upsides and downsides to the advancement of artificial intelligence (AI), but JP Morgan Chase & Co (NYSE: JPM) CEO Jamie Dimon argues that the good easily outweighs the bad.  What To Know: In a recent interview with Bloomberg, Dimon acknowledged...

Instacart is set to make its public debut on Tuesday. The grocery delivery platform company priced its initial public offering at $30 per share on Monday, which is at the top end of the expected $28-$30 range.  What Happened: The company said in a statement that the IPO comprises 22...

Tilray Brands (NASDAQ: TLRY) chairman and CEO Irwin D. Simon says his company is set to capitalize on possible cannabis legalization in the U.S. and anticipates creating beer infused with cannabis if/when it becomes legal. Simon has long been optimistic about legalization...

A top official at the Department of Health and Human Services wrote to Drug Enforcement Agency administrator Anne Milgram calling for marijuana to be reclassified as a Schedule III drug under the Controlled Substances Act, according to a letter dated Aug. 29 seen by Bloomberg...

The International Brotherhood of Teamsters union reached a deal with United Parcel Service Inc (NYSE: UPS) last month to create more full-time jobs for workers and raise wages. UPS CEO Carol Tomé says the deal could boost pay and benefits to an average...

New 13F filings show that hedge funds went tech-heavy in the second quarter as the sector continues to outperform. What To Know: Investment managers filed their quarterly updates with the SEC this week. Tech remains in the crosshairs for hedge funds, with the Nasdaq Composite up more than...

As bank stocks continue to face heavy selling pressure, JPMorgan Chase & Co (NYSE: JPM) CEO Jamie Dimon is calling for a ban on shorting banks.  What To Know: In a Bloomberg interview released Thursday, Dimon indicated that short sellers who are targeting banks are probably...