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Stablecoin leader Circle files for IPO

Circle Internet Group disclosed a nearly 16% jump in revenue after markets closed on Tuesday, as the USD Coin issuer attempts a second go at listing on the New York Stock Exchange. The company reported revenue and reserve income of $1.68 billion for last year, compared with $1.45 billion in 2023. Net income from continuing

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Stablecoin giant Circle reveals revenue growth in US IPO filing

Circle Internet Group disclosed a nearly 16% jump in revenue after markets closed on Tuesday, as the USD Coin issuer attempts a second go at listing on the New York Stock Exchange. The company reported revenue and reserve income of $1.68 billion for last year, compared with $1.45 billion in 2023. Net income from continuing

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Tesla’s first-quarter deliveries fall amid slow demand, Musk controversy

Tesla announced on Wednesday that its first-quarter deliveries dropped 13% amid slowing consumer demand for electric vehicles (EVs) and controversy surrounding CEO Elon Musk’s political involvement in the Trump administration. The automaker delivered 336,681 vehicles in the first quarter, a decline from 386,810 units a year ago. Expectations were for Tesla to deliver about 372,410 vehicles

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Rivian reports sharp fall in quarterly deliveries as soft demand bites

Rivian reported a 36% decline in first-quarter deliveries on Wednesday, as the electric-vehicle maker grapples with weak demand. ​Read More

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Boeing CEO admits ‘serious missteps in recent years’

Boeing CEO Kelly Ortberg is set to appear before a Senate committee on Wednesday to testify about how the plane maker will improve safety standards after several serious incidents in recent years, including a 2024 midair door plug blowout. Reuters reported it has seen a copy of Ortberg’s prepared testimony to the Senate Commerce Committee, in

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Cisco’s 2025 Data Privacy Benchmark Study: Privacy landscape grows increasingly complex in the age of AI

As data privacy remains critical to establishing business value and trust, the study uncovers a complex landscape where the demand for local data storage intersects with reliance on global providers’ expertise.More RSS Feeds: https://newsroom.cisco.com/c/r/newsroom/en/us/rss-feeds.html ​As data privacy remains critical to establishing business value and trust, the study uncovers a complex landscape where the demand for

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BlackRock CEO Fink’s letter to investors dumps DEI, touts expansion of market access

BlackRock CEO Larry Fink’s annual letter to investors continued the firm’s shift away from politically controversial topics like diversity, equity and inclusion (DEI) as well as environment, social and governance (ESG) policies. Fink released his annual chairman’s letter to investors on Monday, and the 2025 edition of the letter omitted potentially controversial references to DEI,

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Lockheed Martin snags $5 billion US Army missile contract

Lockheed Martin announced Monday that the U.S. Army had awarded it a contract worth nearly $5 billion to produce its next-generation long-range precision strike missile. The contract is worth up to $4.94 billion and will see Lockheed Martin provide Precision Strike Missiles (PrSM) to the Army, which views the weaponry as the successor to the Army

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Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold

Huawei has been trying to adapt its business to deal with U.S. sanctions that have restricted its access to key technologies like semiconductors. ​Read More

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Dollar Tree selling Family Dollar for about $1B

Dollar Tree is selling its Family Dollar business as the discount chain store tries to turn around its mounting losses under a new leader.  Dollar Tree agreed to sell its Family Dollar business to private equity firms Brigade Capital Management and Macellum Capital Management for roughly $1 billion, the company announced during its fourth-quarter earnings

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