Oil futures rose modestly Wednesday, stabilizing a day after weak U.S. manufacturing data triggered a widespread selloff.
Despite unwillingness to police itself, tech giants want to create rules governing digital transformation and artificial intelligence.
Mortgage applications rose 1.6% in the last week, the Mortgage Bankers Association said.
Chief Executive David Burritt says U.S. Steel needs $3 billion in upgrades to compete.
Austin, Minn.-based Hormel has been beset by lower prices for whole bird turkeys this year, as well as a production interruption at a Planters facility in Virginia and lower center-store and contract manufacturing volumes.
A fund focusing on low volatility stocks actually recorded a record high.
The Hong Kong listed company saw its stock price slump 98% on Tuesday. Sanergy Group shares have now increased 78% after the Chinese company said a ‘forced sale’ had driven the plunge in its stock.
It’s been a difficult month for anyone trying to trade economic data releases. One policymaker says investors may be putting too much emphasis on them.
Market leaders of previous decades have seen their market capitalizations fall after becoming the most valuable companies listed on the S&P 500, JP Morgan’s analysts said
“The tenant wants a million things fixed. I could go on, but my husband does not have the money to do the repairs.”
Bond yields fell early Wednesday as a wave of global risk-aversion encouraged the buying of perceived haven assets and investors fretted about a slowing U.S. economy.
Tech tumble delivers sharp falls for Asia bourses
Fuji Soft said it has received a counteroffer proposal from Bain Capital and would consider it if the U.S. private equity firm submits a binding offer.
Shares of Asana fell after the company projected third-quarter results that missed Wall Street’s estimates and lowered the high end of its full-year outlook.
Molson Coors Beverage Co. has became the latest to say it was backing away from some of its diversity, equity and inclusion policies, after a handful of well-known companies announced similar retreats last week.
The glitch, which was highlighted in several viral TikTok videos, had some people believing they could get “free cash” from Chase ATMs. Legal experts call it fraud.
The board of KLA has increased the company’s quarterly dividend by 17%, to $1.70 a share.
RingCentral has launched a search for a new top finance executive, as its CFO, Sonalee Parekh, will resign, effective Sept. 10.
GitLab shares rallied after hours on Tuesday after the software-development platform raised its full-year outlook, as more businesses try to embed artificial intelligence and security protections into their technology.
The cybersecurity company edged the consensus view with its revenue forecast for the current quarter.
