Market Snapshot: Dow falls over 150 points as rebound loses steam despite robust corporate earnings
U.S. stocks traded lower on Thursday afternoon, giving up early session gains, as investors struggled to shrug off talk of further interest-rate hikes from the...
: GE suspended Russian operations almost a year ago after the Ukraine invasion, but it hasn’t fully departed Russia
Like many western companies, General Electric Co. announced the suspension of its operations in Russia last year.
: Gastric balloon maker to go public via a SPAC run by former Medtronic CEO
Allurion Technologies Inc., which makes a gastric balloon used for weight loss, plans to go public through an agreement with Compute Health Acquisition Corp. CPUH,...
Spread between 2- and 10-year Treasury yields is on pace for its deepest inversion since October 1981
The Treasury curve, as measured by the spread between 2- and 10-year yields, headed for its deepest inversion in more than 41 years on Thursday....
: Nelson Peltz ends Disney proxy fight amid Iger’s shakeup: ‘This was a great win for all the shareholders’
Activist investor Nelson Peltz is ending his proxy battle with Walt Disney Co. DIS amid changes initiated by newly reinstalled chief executive Bob Iger, according...
: Natural-gas futures extend gains as U.S. supplies fall more than expected
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies fell by 217 billion cubic feet for the week ended Feb. 3. That...
: Labcorp to spin off its clinical research organization under the name Fortrea
CORRECTION: An earlier version of this report incorrectly stated that Labcorp is spinning off a second business. It is not. The company only plans to...
: Japanese regulators target Apple, Google app stores
Japan’s Fair Trade Commission on Thursday recommended opening up third-party app stores, a potential blow to Apple Inc. AAPL and Alphabet Inc.’s GOOGLGOOG Google. In...
: Disney outlines reorganization plan
Walt Disney Co. DIS Chief Executive Bob Iger on Thursday outlined the media giant’s major reorganization announced a day earlier. Under the plan, which entails...