Category: United States

Boeing’s stock was up Wednesday, but its bonds have not recovered from a wobble seen in early January after a panel tore off a 737 Max 9 jet flown by Alaska Airlines during a flight. AFP/Getty Images Boeing Co.’s shares moved higher Wednesday as its chief executive arrived in Washington, D.C., for meetings with U.S. […]

U.S. stock indexes were rising on Wednesday morning, with the S&P 500 on course for its fourth consecutive all-time high after a batch of well-received earnings showed a healthy corporate America which could impact the outlook for the Federal Reserve’s interest-rate policy. How are stock indexes trading The S&P 500 SPX was adding 32 points, or […]

Donald Trump, the Republican former president, has won the Iowa caucuses and the New Hampshire primary and is leading Nikki Haley by a substantial margin in South Carolina, where she was governor from 2011 to 2017. So it’s highly likely that Trump will be the Republican presidential nominee, and depending on what betting site is […]

Europe’s largest tech company, ASML Holding, on Wednesday held onto its conservative outlook for 2024 despite promising signs of a recovery in the semiconductor industry that saw it receive a record €9.2 billion worth of orders in the final quarter of 2023. The Dutch company which makes the machines used to manufacture microchips saw its […]

Dear Quentin, I am a 56-year-old man living in my family home with my father, 93, who has Type 2 diabetes and a pacemaker and is legally blind. My mom passed away five years ago. He is in good health otherwise, and well taken care of. Because of his blindness, he needs round-the-clock care. My […]

Valuations in the Chinese stock market are collapsing in the new year, heaping more pressure on shares of some of the most respectable companies trading in the world’s second-largest economy. These steep January declines followed multiple years of losses for the Hong Kong-based Hang Seng Index, along with other indexes that track the performance of […]

Texas Instruments Inc. started chip earnings season with some cautious signals. The chip maker, which historically reports early in the earnings cycle and is seen as a semiconductor-industry bellwether, called out “increasing weakness across industrial and a sequential decline in automotive” as it came up shy with its forecast for the current quarter. Texas Instruments […]

It seems hardly a day goes by when there isn’t word from some prominent company about a round of layoffs. Last week, Macy’s M, -0.38%, Wayfair W, -1.63% and the parent organization behind Sports Illustrated announced job cuts.   At the same time, dismissed employees talk increasingly on social media about how companies could have […]

Amid hundreds of questions for Tesla earnings day, one reigns supreme A Model 3 at an exposition in Beijing in December. Starting at nearly $ 40,000, the EV is not exactly geared to the masses. But retail investors are keen to know more about the less expensive Model 2. AFP via Getty Images Tesla Inc.’s […]

TurboTax has long used deceptive advertising touting free tax preparation on the popular platform, when in reality many people needed to pay for its filing services, the Federal Trade Commission’s top officials ruled Monday. One week before the start for tax-filing season, the FTC’s three commissioners found that Intuit INTU, +0.20%, the maker of TurboTax, […]

Procter & Gamble Co.’s stock rose 1.2% premarket Tuesday, after the consumer goods giant beat profit estimates for its fiscal second quarter as higher prices boosted margins. The Cincinnati-based parent to Charmin and Bounty toilet paper, Febreze and Downy detergent, Gillette shaving products and Pantene shampoo PG, +0.20% posted net income of $ 3.468 billon, […]

Shares in Telefonaktiebolaget LM Ericsson on Tuesday fell on Tuesday after the Swedish telecoms giant said it expects the slowdown in the global mobile networks industry will continue impacting its sales in 2024.  The Stockholm phone company blamed a global slump in investment in the buildout of mobile communications infrastructure for a 10% drop in […]

Australia has sanctioned a Russian individual for his role in a cyberattack on health insurer Medibank MPL, -3.66%, the first time that Australia’s cyber sanctions framework has been used, officials said. Nearly 10 million records were stolen in the 2022 attack, including names, dates of birth and sensitive medical information, and some of those records […]

“Some financial advisers are asserting that Buffett is finding it harder than ever to find undervalued companies to acquire.” Warren Buffett’s company may be sitting on a record amount of cash, but that doesn’t necessarily mean the famed investor thinks the stock market is overvalued. It’s important to point this out in order to counter […]

Shares of space-exploration company Intuitive Machines Inc. climbed 7.3% on Monday as the lunar-landing spotlight shifts onto the Houston-based firm. Last week, U.S. private space company Astrobotic Technology ended its troubled mission to place a lander on the moon when its Peregrine spacecraft completed its controlled re-entry into Earth’s atmosphere. Then on Friday, Japan’s Smart Lander for Investigating Moon, […]

Vroom Inc., once valued at a heady $ 2.5 billion, said Monday it is winding down its online used-car sales business in order to preserve liquidity, as its market cap has dwindled to less than $ 100 million. Vroom VRM, +20.28% said it would focus on growing its two remaining businesses, an auto finance company […]

Before ESPN allowed Pat McAfee, Stephen A. Smith, and Peyton Manning to produce their own content, there was “The Decision.” In the summer of 2010, super agent Ari Emanuel pitched ESPN exec John Skipper on a TV special where LeBron James would announce where he was headed in NBA free agency. When the special aired that July, it […]

Shares of Marriott International Inc. and Hilton Worldwide Holdings Inc. rose Monday after the companies said they grew their hotel room footprints as travel continued its rebound in 2023 from the downturn in the wake of the COVID-19 pandemic. As the larger of the two giant hotel chains by market cap, Marriott MAR, +1.73% said […]

Sunoco LP and pipeline operator NuStar Energy LP said Monday they have agreed to combine in an all-stock deal valued at about $ 7.3 billion, including debt. Under the terms of the deal, NuStar NS, common unitholders will receive 0.400 Sunoco shares for each unit owned, equal to a 24% premium based on the 30-day […]

The cost of the average car insurance policy last month was 20.3% higher than a year before, according to the Bureau of Labor Statistics. It’s the highest one-year increase in insurance costs since 1976, according to Bloomberg. The average 6-month policy started in December cost Americans $ 780.28. Auto insurance showed a higher increase than […]