: Biden, AI experts discuss technology’s risks, opportunities at San Francisco summit
"Social media has already shown us the damage it can do" without proper safeguards, Biden said Tuesday. He said tech innovations over the next several...
Earnings Results: FedEx stock sinks on profit forecast, as Wall Street looks for progress on cost cuts; CFO to retire
Shares of FedEx Corp. fell after hours on Tuesday after the package deliverer offered up a full-year profit forecast that fell short of expectations.
: Novo Nordisk cracks down on alleged Ozempic imitations
Drug maker Novo Nordisk NVO on Tuesday sued five wellness spas and clinics in federal court, accusing them of unlawfully peddling what they said were...
: Dow ends nearly 250 points lower, stock-market rally pauses ahead of Fed testimony
U.S. stocks closed lower on Tuesday, the first day of trading after the long federal Juneteenth holiday. The Dow Jones Industrial Average DJIA fell about...
: Visa names EA exec Chris Suh its next CFO
Visa Inc. V has named Chris Suh its next chief financial officer, with plans for him to succeed Vasant Prabhu, who previously announced his intent...
: AIG names Sabra Purtill its permanent CFO
AIG Inc. AIG said late Tuesday it has named Sabra Purtill its permanent chief financial officer. Purtill had served as interim CFO since January, the...
: La-Z-Boy stock drops on weak outlook
La-Z-Boy Inc. LZB shares fell in the extended session Tuesday after the recliner and furniture maker’s poor outlook overshadowed its earnings beat. La-Z-Boy shares fell...
: EA appoints Canfield CFO to succeed Suh
Electronic Arts Inc. EA shares were little changed in the extended session Tuesday after the videogame publisher appointed a new financial chief with the announced...
: Black & Decker, former executive agree to settle SEC charges of failing to disclose at least $1.3 million in perks
U.S. securities regulators said late Tuesday they have settled charges against small-appliances and tools maker Stanley Black & Decker Inc. SWK for failing to disclose...