Southwest pilots authorize a strike with decisive vote
Pilots for Southwest Airlines voted overwhelmingly to authorize a potential strike in attempt to apply pressure in contract negotiations, which focus on pay raises and schedule changes.
Binance.US says no deal to Voyager Digital
The cryptocurrency exchange Binance.US has canceled a deal to purchase the bankrupt crypto exchange Voyager Digital for $1.3 billion.
Bud Light parent company's stock downgraded by HSBC amid branding 'crisis,' huge sales drop
HSBC is downgrading Anheuser-Busch InBev to hold following the Bud Light "crisis" involving a marketing campaign featuring transgender activist Dylan Mulvaney.
Rivian beats revenue estimates on high-end EV sales
Rivian Automotive shares rose following better-than-expect quarterly results as the EV company stood by its production forecast of 50,000 cars
Tempur Sealy reaches deal to acquire Mattress Firm for $4 billion
Tempur Sealy has reached a multi-billion-dollar deal that will see the mattress maker acquire retailer Mattress Firm. The closing of the deal is projected to take place in the last six months of 2024.
Fisker stock drops after 'garbage' report about failing SUVs
Fisker is pushing back on a report that its electric SUV has faulty software that limits the vehicle's speed and will require months of troubleshooting.
SEC Staff Throw Cold Water on Calls for Ban on Short Selling of Bank Stocks
Gary Gensler, against advice of career workers in the SEC, is pushing to ban the short-selling of regional bank stocks, in the wake of recent collapses and falling stock prices.
CPI inflation data, Disney earnings and debt ceiling top week ahead
Consumer and producer inflation data, and the debt ceiling, lead the week ahead for investors who will be watching Disney earnings, which may include the latest on its feud with Gov. DeSantis.
Profits jump at Warren Buffett's company Berkshire Hathaway
CEO Warren Buffett's company, Berkshire Hathaway, sees profits take off ahead of its 59th annual meeting Saturday, May 6 as thousands of shareholders attend.
Is Wall Street's 'sell in May and go away' dead in 2023?
For stock investors, there are plenty of reasons to not "sell in May and go away" this year, including inflation, macro uncertainty and the banking crisis.
Gold boom continues in 2023 nearing fresh record
The World Gold Council reports that the precious metal’s demand is on the rise and predicts it may reach record levels in 2023 fueled by economic uncertainties and the ballooning bank crisis.
Lyft shares tumble on disappointing outlook
Lyft reported a quarterly loss and revenue that came in better-than-expected, however the company's outlook fell short of analyst expectations.
Regional bank shares plunge as possible PacWest sale reignites banking sector fears
Regional bank stocks plummeted on Thursday morning after Los Angeles-based lender Pac West confirmed that it was exploring all options, including a sale.
First Horizon shares tank after TD Bank deal scrapped
Shares of First Horizon are down on Thursday after the company said a merger agreement with TD Bank was terminated due to uncertainty over regulatory approvals.
United Airlines to hire 15,000 in preparation for busy summer
United Airlines is preparing for an anticipated surge in summer travel passengers with an ambitious plan to hire 15,000 workers this year.
Ford's profit rises on truck demand but EV outlook sends shares lower
Ford reported a profit of $1.76 billion last quarter, a rebound from the loss the automaker suffered during the same period in the prior year.
Starbucks profits beat estimates, shares dive on outlook
Starbucks reported better-than-expected quarterly earnings, however shares fell in extended trading after the company failed to lift its outlook.
Uber shares jump on ride, delivery growth
Shares of Uber are higher on Tuesday after the ride-sharing company reported growth in gross customer bookings and deliveries in the first quarter of 2023.
Chegg shares tank on CEO’s AI warning
Shares of Chegg Inc. are lower on Tuesday after chief executive Dan Rosensweig said OpenAI's ChatGPT technology interfered with new customer growth at the company.
Signature Bank collapse blamed on 'poor management,' FDIC report says
An internal review of the Federal Deposit Insurance Corporation’s supervision of Signature Bank concluded “poor management" led to the bank’s failure.



















