PayPal’s newly named CFO Jorgensen to take health-related leave
PayPal Holdings Inc.'s newly named chief financial officer, Blake Jorgensen, will take a leave of absence for health reasons, the company disclosed in a filing...
U.S. stocks close slightly higher, bouncing from Tuesday’s selloff
U.S. stocks ended slightly higher Wednesday, bouncing from Tuesday's selloff as investors parsed fresh data on wholesale prices. The Dow Jones Industrial Average edged up...
Ericsson double-downgraded at Credit Suisse as Nokia lifted to outperform
Credit Suisse upped its rating on Nokia to outperform from neutral, and lowered Ericsson to underperform from outperform, as Adithya Metuku assumed primary coverage on...
Twitter shareholders approve Musk’s bid to buy company
Twitter Inc. shareholders voted Tuesday to approve Tesla Inc. Chief Executive Elon Musk's $44 billion bid to acquire the embattled company and take it private,...
Paramount is having discussions about folding Showtime into Paramount+, WSJ report
Paramount Global is mulling ending its Showtime streaming service, and folding its content into its Paramount+ service, according to a report in The Wall Street...
Dow skids more than 1,000 points in afternoon trade after August inflation comes in hotter than expected
Stocks tumbled on Tuesday, with the Dow Jones Industrial Average trading down more than 1,000 points, after August inflation came in hotter than expected, underscoring...
Oil futures settle lower as ‘hot’ inflation data raise likelihood of higher U.S. interest rates
Oil futures settled lower on Tuesday, with Federal Reserve policy expectations "dominating the price action," said Tyler Richey, co-editor of Sevens Report Research. The “hot”...
White House: Railway shutdown would be unacceptable
The Biden administration on Tuesday said it's working with shippers, truckers and air-freight companies in the event of a freight-rail strike that could begin later...
Amazon to invest more than $450 million in benefits, rate increases for Delivery Service Partners and drivers
Amazon.com Inc. said Tuesday it will invest more than $450 million in two new benefits and rate increases, to offer competitive compensation for delivery service...