State Texas Financial News
24.08 / 15:01
24.08 / 08:35
COST
UPS
CEO
Tesla
show
elon
Elon Musk shows off production version of Tesla Cybertruck, says ‘best product ever’
Tesla CEO Elon Musk shared the images of him riding the production version of the company's much-awaited ‘cybertruck’ at the Gigafactory in Austin, Texas. Sharing the update on X (formerly Twitter), Musk wrote, “Just drove the production candidate Cybertruck at Tesla Giga Texas!" Tesla had first announced the pickup truck at an event in 2019 where Musk asked the vehicle's designer to throw a hunk of steel in order to show the unbreakable ‘armor glass’ windows of a prototype. However, the window broke and a second window also broke on further attempts.
24.08 / 03:43
Reuters
NIFTY
SENSEX
open
Rupee appreciates 22 paise to open at 82.47 against the US dollar
rupee registering the highest single-day gain and ended 25 paise higher at 82.69 a dollar. Disappointing economic data in the US halted the selloff in the US Treasuries, while the yields dropped, boosting risk appetite.
24.08 / 00:53
23.08 / 13:17
23.08 / 04:03
Provident
NIFTY
SENSEX
country
Rupee opens 6 paise lower at 83.00 against the US dollar
rupee ended 17 paise higher at 82.94 a dollar. Investors will keenly watch for clues on the outlook for interest rates from US Federal Reserve Chairman Jerome Powell's speech on Friday at Jackson Hole, Wyoming. “Rupee is likely to depreciate today amid a firm dollar and on expectation of disappointing economic data from major countries across the globe.
23.08 / 02:43
UPS
Reuters
Nissan
country
rate hikes
Oil prices ease on concerns over rate hikes, China gloom
Oil prices eased in early trade on Wednesday, weighed down by fears U.S. interest rates could stay higher for longer and economic growth could slow further in top crude importer China and hurt fuel demand. Brent crude dipped 17 cents, or 0.2%, to $83.86 a barrel by 0031 GMT while U.S.
22.08 / 21:31
22.08 / 20:41
22.08 / 20:33
COST
Citi
FIVE
Action
Costs
Charles Schwab plans job cuts and office downsizing amid efforts to reduce operating costs
Charles Schwab plans to cut jobs and close or downsize some corporate offices as part of company efforts to reduce operating costs, the financial services firm said in a Monday regulatory filing
22.08 / 20:33
Provident
Career
CEO
Airlines
Pilots
American Airlines
American Airlines pilots ratify a new contract that includes big pay raises and bonuses
Pilots at American Airlines have approved a new contract that will raise their pay more than 40% over four years
22.08 / 17:17
COST
Schwab to issue debt after news of job cuts
Charles Schwab Corp. is looking to raise fresh debt in the U.S. investment-grade bond market after revealing plans Monday to cut jobs and close or downsize offices to curb costs.
22.08 / 16:29
22.08 / 13:35
22.08 / 13:01
22.08 / 03:49
NIFTY
SENSEX
show
Rupee opens marginally higher at 83.08 against the US dollar
rupee ended at 83.11 a dollar. The US 10-year Treasury yields hit the highest since 2007 on bets that a resilient US economy will push the Federal Reserve to keep interest rates higher for longer. Investors will keep an eye on the Fed Chair Jerome Powell's comments at the Jackson Hole Economic Symposium from August 24 to 26.
22.08 / 01:39
COST
Action
Schwab to cut staff and close offices to save $500M a year
Charles Schwab Corp. is planning to cut jobs and close or downsize offices to achieve at least $500 million in annual cost savings as the brokerage responds to investor pressure.
21.08 / 22:03
Reuters
Cooper
Tesla
social
Tesla says two former employees behind May data breach
Tesla, the American electric carmaker, Monday in a legal disclosure said two of its former employees were behind a data breach that compromised personal information of over 75,735 people including staff, reported Reuters A total of 75,735 people were affected by the data breach, including nine residents of Maine. The people appear to be current or former employees of the Austin, Texas-based automaker.
21.08 / 18:19
Airlines
Pilots
American Airlines
American Airlines pilots approve new contract -union
CHICAGO (Reuters) — American Airlines (NASDAQ:AAL) pilots have approved a new four-year contract, their union said on Monday.
21.08 / 17:29
UPS
Reuters
country
Oil prices
Oil prices stable as investors weigh supply-tightness after China crisis impact, Brent near $85/bbl
lending rate by 10 basis points and left its five-year rate unmoved, in a surprise to analysts who had expected cuts of 15 basis points to both. The recovery in the world's second largest economy has been slowed by a worsening property crisis, weak spending and lower credit growth.
21.08 / 16:53
FIVE
Storm brewing in Gulf of Mexico to strengthen en route to Texas
(Reuters) — A storm system brewing in the Gulf of Mexico could strengthen into a named storm as it takes aim at the Texas coast, the U.S. National Hurricane Center said on Monday.
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