Verizon is boosting its dividend by about 2%, which would lift the stock’s implied yield to 6.53%.
Sales of new cars and trucks fell 4.4% in August, unable to overcome high interest rates and a somewhat slower economy.
ChargePoint will cut its workforce by about 15%, or 250 jobs, in a reorganization of its operations.
After some three-and-a-half years together, Topgolf — a driving-range and entertainment chain — and Callaway, a maker of golf clubs and golf balls, could soon find themselves on their own.
Social-media conspiracy theories around AMC and human-trafficking drama “City of Dreams” are “sheer utter nonsense,” CEO Adam Aron says.
Vice President Kamala Harris unveiled an idea Wednesday to let entrepreneurs deduct much more of their initial costs on their taxes as they launch startups.
The enterprise AI company expects sequential growth in revenue during the current quarter, but also steeper adjusted operating losses on a sequential basis.
HPE’s outlook bracketed the consensus view, beating at the midpoint on revenue but coming up shy at the midpoint on earnings per share.
