02:40 PM EDT, 05/13/2025 (MT Newswires) -- Intel ( INTC ) faces a lawsuit alleging the company avoided $1 billion in losses by making stock sales in Mobileye Global ( MBLY ) based on insider information related to its majority stake, Bloomberg reported Tuesday, citing an unsealed lawsuit. Mobileye investors are suing Intel ( INTC ), along with current and...

NRG Energy Inc ( NRG ) is on fire. Shares have jumped more than 31% in just five trading days, pushing year-to-date gains past 64%. The stock surged over 24% on Monday to a record high of $148.30, after announcing a $12 billion acquisition of LS (Luminus Systems) Power's generation assets. With U.S. power demand set to spike — driven...

Hertz Global Holdings Inc. ( HTZ ) shares are trading lower Tuesday after the company reported disappointing first-quarter financial results that missed both revenue and earnings expectations. What To Know: The rental car company posted first-quarter revenue of $1.81 billion, below the $2 billion analyst consensus, representing a 13% year-over-year decline. The company also reported a first-quarter adjusted loss of...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...