Social Capital: Mastercard’s charitable arm backs CorpsAfrica job-skill program across 11 African countries, touching 800,000 people
MasterCard Foundation backs $60 million project aimed at helping young Africans, especially women, with jobs in healthcare, small business, education and more.
: Electric-vehicle maker Lucid plans roughly 1,300 layoffs
Lucid Group Inc. plans to lay off roughly 1,300 employees, the electric-vehicle maker disclosed Tuesday.
: Uber CEO’s pay rose to $24 million last year
Chief Executive Dara Khosrowshahi's total compensation included a $2.9 million bonus, according to Uber's proxy.
The Tell: International stocks outperform, decouple from U.S. equities by ‘unusual degree’
International stocks are broadly outperforming this quarter, decoupling from the U.S. to an unusual extent, according to DataTrek Research.
The Ratings Game: iHeartRadio parent’s stock drops toward record low after BofA cuts rating and price target
iHeartMedia's stock sank toward a record low after BofA turned bearish, citing concerns over debt levels and a lack of visibility.
Earnings Results: Lululemon’s stock rises on revenue, earnings beat
Lululemon Athletica Inc.'s stock rose more than 6% in extended trading Tuesday after the clothing retailer reported quarterly results that topped analyst revenue and earnings...
: AMC’s stock jumps, but Amazon unlikely to acquire theater chain, analyst says
Amazon would be better off buying a piece of Cineworld, according to Wedbush analyst Alicia Reese.
Earnings Results: Cal-Maine Foods profit jumps eightfold, sales more than double as egg prices rise
Prices for eggs rose significantly and avian bird flu continued to affect egg production, but Cal-Maine beat Wall Street expectations.
Earnings Results: Micron reports largest loss on record as memory-chip market melts down, but stock gains as execs say inventory issues have peaked
Micron reported its largest quarterly loss on record Tuesday, but shares held up as executives suggested the memory-chip market may be reaching a bottom.