Shares of Velodyne Lidar Inc. fell Friday after a wider-than-expected fourth-quarter loss, as the lidar sensor maker continued to lower prices to entice new customers.
Americans are still unsure how rapidly the U.S. economy will recover from the pandemic and restore millions of jobs that have been lost even as the rate of vaccinations speeds up, a new survey showed. The final reading of consumer sentiment in February inched up to 76.8 points from 76.2, but it is still 25 points below it precrisis peak.
The Chicago PMI fell to 59.5 in February from 63.8 in the prior month, according to MNI Market News International. The January level was the highest since July 2018.
Financial advisers can play a part in reducing the racial wealth gap, but finding the right one to put you at ease isn’t always easy for a person of color.
For one Senate committee staffer — who was brought out of retirement by Senate Budget Chairman Bernie Sanders only a few weeks ago — the loss may particularly sting: Bill Dauster, chief counsel for Sen. Bernie Sanders’ Budget Committee.
Tesla Inc. Chief Executive Elon Musk said the company paused activity at its lone U.S. car plant in Fremont, Calif., because of parts shortages but has restarted operations.
Airbnb Inc. and DoorDash Inc. went public near one another late in 2020, then took to the earnings stage for the first time as a pair Thursday to report similar gigantic quarterly losses.
U.S. Treasury yields see a steady rise in rates ignite into a surge Thursday, putting government debt across the curve on track to mark the biggest weekly yield moves in months and their sharpest monthly moves in four years.
After years of promising a huge advance in wireless technology — and corresponding gains for their investors — the COVID-19 pandemic gave carriers even more time to perfect their networks. So why isn’t everyone wowed?
One Medical Chief Executive Amir Dan Rubin denied that his tech-enabled chain of medical clinics had knowingly allowed ineligible clients to receive the COVID-19 vaccine on Thursday, after reports that regulators had halted vaccine distribution to the clinics.
Oil futures are mixed on Thursday, with U.S. prices settling at their highest in nearly 22 months, but global benchmark Brent crude suffering its first loss in four sessions.
Apart from the wild stock-price moves, GameStop does have an underlying business, and it’s clear that the videogames retailer is trying to change direction.