CNN is planning to cut about 100 jobs and launch its first subscription product later this year as it seeks to reduce its dependence on its cable-TV channel.
Virgin Galactic says that commercial operations of its new Delta spacecraft will begin in 2026.
Apple’s single-digit rate of sales growth “feels increasingly at risk” to Needham analysts. More robust advertising efforts could help.
HSBC is simplifying the structure of its investment bank by merging sector teams.
The deal will add a portfolio that includes in-house design and manufacturing of coil-wound heat exchangers and related equipment.
3M’s stock took a hit Wednesday, after the consumer- and industrial-products company announced the sudden resignation of its chief financial officer.
The value of the euro is only likely to drop to parity with the U.S. dollar in a worst-case scenario in which everything goes wrong, Bank of America’s analysts said
Mortgage applications fell 0.2% in the last week, the Mortgage Bankers Association said.
