The Wayback Machine - http://web.archive.org/web/20240429200910/https://finance.yahoo.com/news/

Latest News

View More
The activist investors trying to take control of Norfolk Southern's board are picking up key support, but the railroad's CEO promised Monday to fight the takeover attempt until a May 9 shareholder vote because he believes his strategy is the best in the long run for investors, customers and workers. Ancora Holdings' bid to elect seven new directors and replace management at the Atlanta-based railroad has gained the backing of one of the major proxy advisory firms, one of the railroad's biggest customers and two of its largest labor unions in recent days. “The choice really couldn’t be any more clear for our shareholders,” Shaw said an interview with The Associated Press.

Investors trying to take control of Norfolk Southern railroad pick up key support

The activist investors trying to take control of Norfolk Southern's board are picking up key support, but the railroad's CEO promised Monday to fight the takeover attempt until a May 9 shareholder vote because he believes his strategy is the best in the long run for investors, customers and workers. Ancora Holdings' bid to elect seven new directors and replace management at the Atlanta-based railroad has gained the backing of one of the major proxy advisory firms, one of the railroad's biggest customers and two of its largest labor unions in recent days. “The choice really couldn’t be any more clear for our shareholders,” Shaw said an interview with The Associated Press.
Associated Press Finance 4 minutes ago
NSC
+0.63%
View More
Earnings latestInflationFed's path forwardStock market newsPremium newsPersonal finance

Stock Market News

View More
S&P 500 Companies' Latest Quarterly Results Mixed so Far, Oppenheimer Says

S&P 500 Companies' Latest Quarterly Results Mixed so Far, Oppenheimer Says

S&P 500 Companies' Latest Quarterly Results Mixed so Far, Oppenheimer Says
PREMIUM
MT Newswires 33 minutes ago
^GSPC
+0.32%
OPY
View More

Earnings

View More
Bets against Tesla stock are still mounting even as short sellers lose billions following the stock's post earnings report surge.

Tesla short sellers lose more than $5 billion in post-earnings rally

Bets against Tesla stock are still mounting even as short sellers lose billions following the stock's post earnings report surge.
Yahoo Finance 1 hour ago
TSLA
+15.31%
View More

Tesla stock jumps, questions swirl about Paramount: Yahoo Finance

Shares of Tesla (TSLA) soared more than 15% after the EV maker secured Chinese regulators’ support for its self-driving technology. Another trending ticker is Paramount Global (PARA, PARAA). There are reports that CEO Bob Bakish will be ousted from the company amid merger talks with Skydance Media. Paramount is set to release first quarter results after the market close. Other trending tickers on Yahoo Finance include SoFi Technologies (SOFI), Apple (AAPL), and Philips (PHG). Top guests today include:3:25 p.m. ET - Melissa Otto, Head of TMT Research at Visible Alpha3:35 p.m. ET - Ben Bajarin, Creative Strategies CEO and Principal Analyst4:05 p.m. ET - Jamie Lumley, Third Bridge Group Sector Analyst4:15 p.m. ET - Dennis Lockhart, former Federal Reserve Bank of Atlanta President
View More

From the Yahoo Finance Newsroom

View More
Tesla stock surges on 'watershed' full self-driving approval in China

Tesla stock surges on 'watershed' full self-driving approval in China
Yahoo Finance 2 hours ago
XPEV
+3.25%
TSLA
+15.31%
The stock market has a 'systemic problem'

The stock market has a 'systemic problem'
Yahoo Finance 3 hours ago
^DJI
+0.38%
SPY
+0.35%
Paramount announces CEO Bob Bakish's departure amid deal talks

Paramount announces CEO Bob Bakish's departure amid deal talks
Yahoo Finance 5 hours ago
PARAA
-3.98%
Firefly CEO sees 'enough demand' for fully commercial lunar missions independent of NASA

Firefly CEO sees 'enough demand' for fully commercial lunar missions independent of NASA
Yahoo Finance 10 hours ago
LUNR
LUNRW
NASA administrator: China’s space ambitions pose threat of land grab on the moon

NASA administrator: China’s space ambitions pose threat of land grab on the moon
Yahoo Finance 10 hours ago
Investors confused about the Fed's rate path look to Jay Powell for answers

Investors confused about the Fed's rate path look to Jay Powell for answers
Yahoo Finance 12 hours ago
The AI trade is back, as confidence in Big Tech surges

The AI trade is back, as confidence in Big Tech surges
Yahoo Finance yesterday
MSFT
GOOG
-3.33%
Could Jerome Powell be fired? It's an open legal question Trump could test.

Could Jerome Powell be fired? It's an open legal question Trump could test.
Yahoo Finance yesterday
View More

Premium News

View More
Equities Rise Intraday as Traders Await This Week's Key Earnings, Fed Decision

Equities Rise Intraday as Traders Await This Week's Key Earnings, Fed Decision
PREMIUM
MT Newswires 1 hour ago
^GSPC
+0.32%
COMP
-0.91%
April Texas Manufacturing Activity Unexpectedly Dips, Dallas Fed Says

April Texas Manufacturing Activity Unexpectedly Dips, Dallas Fed Says
PREMIUM
MT Newswires 1 hour ago
Uber Poised For First-Quarter Earnings, Bookings Beat, BofA Says

Uber Poised For First-Quarter Earnings, Bookings Beat, BofA Says
PREMIUM
MT Newswires 2 hours ago
UBER
TSLA
+15.31%
Tesla shares surge after Elon Musk secures deal with China’s Baidu

Tesla shares surge after Elon Musk secures deal with China’s Baidu
PREMIUM
Financial Times 3 hours ago
9888.HK
TSLA
+15.31%
SoFi Technologies' second-quarter revenue guidance misses views; stock slides intraday

SoFi Technologies' second-quarter revenue guidance misses views; stock slides intraday
PREMIUM
MT Newswires 3 hours ago
SOFI
-10.48%
Deciphera Agrees to $2.4 Billion Buyout Offer From Japan's ONO Pharmaceutical

Deciphera Agrees to $2.4 Billion Buyout Offer From Japan's ONO Pharmaceutical
PREMIUM
MT Newswires 3 hours ago
4528.T
DCPH
UMB Financial Agrees to Buy Heartland Financial in $2 Billion Deal

UMB Financial Agrees to Buy Heartland Financial in $2 Billion Deal
PREMIUM
MT Newswires 4 hours ago
UMBF
Domino's Pizza Fiscal First-Quarter Results Top Views Amid Higher Carryout, Delivery Orders

Domino's Pizza Fiscal First-Quarter Results Top Views Amid Higher Carryout, Delivery Orders
PREMIUM
MT Newswires 5 hours ago
UBER
DPUKY
View More

Housing

View More
Wildfires Pose Hidden Threat to Mortgage Lenders and Investors

Wildfires Pose Hidden Threat to Mortgage Lenders and Investors
Bloomberg 2 days ago
Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits

Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits
Associated Press Finance 3 days ago
BRK-B
Warren Buffett's real estate brokerage reaches $250 million antitrust settlement

Warren Buffett's real estate brokerage reaches $250 million antitrust settlement
Reuters 3 days ago
BRK-B
Commercial Real Estate Debt Is Back With 170% Jump in Sales

Commercial Real Estate Debt Is Back With 170% Jump in Sales
Bloomberg 3 days ago
Hong Kong March home prices up 1.1%, first rise in nearly a year

Hong Kong March home prices up 1.1%, first rise in nearly a year
Reuters 3 days ago
Real Estate Stocks Sink on Rate Outlook, Disappointing Earnings

Real Estate Stocks Sink on Rate Outlook, Disappointing Earnings
Bloomberg 3 days ago
HOUS
High mortgage rates hang around, reaching 7.17%

High mortgage rates hang around, reaching 7.17%
Yahoo Finance 4 days ago
FMCC
Average long-term US mortgage rate climbs for fourth straight week to highest level since November

Average long-term US mortgage rate climbs for fourth straight week to highest level since November
Associated Press Finance 4 days ago
FMCC
View More

Personal Finance

Compare the best CD rates available today vs. the national average.

CD rates today, April 29, 2024 (earn up to 5.15% APY)
Yahoo Personal Finance 10 hours ago
View More

Tech

M&A activity in the global upstream industry has already crossed the $64 billion mark this year, most of it focused around the U.S. shale patch. The Permian Basin, which spans across western Texas and southeastern New Mexico, has been the focus for most deals in the year, with companies vying to get a hold of assets located in the patch. Other shale plays in the U.S. are also set to attract significant investments, with about $41 billion worth of non-Permian opportunities on the market, according to the report, like the potential sale of Exxon Mobil's Bakken portfolio in North Dakota.

Global upstream sector set for deals worth $150 billion over rest of 2024, report says
Reuters 1 hour ago
View More

Crypto

Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company, Tether said in a statement on Monday. Blackrock Neurotech makes brain-to-computer interfaces, including neural implants which can allow people to control computers and prosthetic arms without moving, its website says. The deal, which closed on Friday after several months of due diligence, values Blackrock Neurotech at around $350 million, making Tether its largest shareholder, Tether CEO Paolo Ardoino told Reuters.

Crypto company Tether invests $200 million in brain-chip maker Blackrock Neurotech
Reuters 4 hours ago
BLK
View More

More News