DoorDash reportedly approached Deliveroo last month before negotiations between the two companies broke down over disagreements about valuations
Bond yields rose early Wednesday, though benchmarks continued to meander within a narrow channel as traders await fresh news that may sway Federal Reserve thinking.
Gap Inc. stands to gain from the back-to-school season, increasing relevance at its namesake stores, a product refresh at its Old Navy stores and early signs of improvement at its fitness brand Athleta, TD Cowen analysts said Tuesday.
The self-driving vehicles are still a curiosity to many tourists, who now should have an easier time hailing a ride.
Shares of Rivian Automotive Inc. skyrocketed after hours Tuesday after Volkswagen AG said it will invest $1 billion in the electric-vehicle maker, with plans to pour billions more if an EV-focused joint venture between the two companies gets off the ground.
Nelson Counne made women believe he was a jet-setting bon vivant. Prosecutors said he was a con man who stole $1.8 million from his girlfriends.
Veteran videogame executive takes the reins some seven months after co-founder departure, fleet grounding.
A “blackout” for stock buybacks ahead of earnings season may be poised to cause another short-term pullback after a run to all-time highs for the S&P 500 and Nasdaq Composite.
FedEx Corp. late Tuesday reported a quarterly profit above expectations and called for revenue growth for its upcoming fiscal year, sending the stock 14% higher in the after-hours session.
The megacap tech stock entered correction territory this week — and individual investors took advantage of the discount.
A top economic adviser to President Joe Biden said that he expects American voters to become less concerned over the high cost of living over time if policymakers can keep the inflation rate under control.
The small-cap focused Russell 2000 index is trading well below its record high in 2021.
Semiconductor stocks are bubbling and could lose 40% of their value.
June new-car sales are expected to come in slightly higher than May sales, wrapping up a first half of the year that is also forecast to be a bit better than a year ago, even as high interest rates and car prices continue to keep some buyers sidelined.
The margins are tight, but there’s still a profit to be made on the offer, according to restaurant-industry experts
If you’ve been casually following the news lately, you might think Donald Trump has suffered massive financial losses on the stock market since his recent criminal conviction, and that the presidential race is now neck and neck.
Broadcom’s furious stock rally has cooled in recent days, such that the company could shed more than $100 billion in market cap across its current five-session losing streak.
Inflation is sticky, but these bond yields are eclipsing it.
A retail price of $4 per gallon is a level where the president’s re-election hopes could be in trouble, says Daniel Yergin of S&P Global.
