A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange on March 29, 2022.Brendan McDermid | ReutersThe jaw-dropping rally in GameStop on Monday caused losses approaching $1billion for short sellers, according to data from S3 Partners.With GameStop soaring 74%, short-selling hedge funds suffered…

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Tesla is reportedly giving certain recently-axed Supercharger employees their jobs back, seemingly unwinding to some extent its significant downsizing of the unit. Bloomberg reported Monday on the Elon Musk-run electric vehicle (EV) maker’s efforts to reemploy an unspecified number of Supercharger team members, citing anonymous sources “with knowledge of the…

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Aerial view of United Airlines passenger planes docked in a terminal of Newark Airport in Newark, New Jersey, on May 11, 2024. Charly Triballeau | Afp | Getty ImagesMajor airlines and an industry trade association asked a federal appeals court to toss out a new Department of Transportation rule requiring earlier…

Arthur L. Irving, one of Canada’s richest people and the son of Canadian industrialist K.C. Irving, has died at the age of 93 after a life spent growing the oil business his father founded.Irving Oil announced his death in a statement, saying he died Monday surrounded by his wife, Sandra,…

Stock Chart IconStock chart iconAllianceBernstein’s year-to-date stock performance.AllianceBernstein: “Very well-run company, always surprised that it is as inexpensive as it is.”Stock Chart IconStock chart iconConfluent’s year-to-date stock performance.Confluent: “If this thing gets together, then this thing could just be a rocket ship…I think the chances are that it doesn’t. And…

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