FTC probing Abbott, other baby-formula makers for collusion
Regulators are reportedly investigating whether the companies that produce baby-formula colluded on bids for lucrative state contracts.
Yelp shares spike on activist letter, company responds
Yelp is the target of an activist investor who says the company should merge with Angie's List or explore other options because its falling behind and has the wrong CEO.
Morgan Stanley warns stock rally is not the start of a bull market
Morgan Stanley strategist Michael Wilson warned in a Monday note that strong stock gains this year are not indicative of the beginning of a bear market.
JPMorgan investor day, debt talks, Costco, Nvidia earnings top week ahead
Investors to keep tabs on debt ceiling talks, which are expected to restart Monday, as busy week looms for earnings, with Costco, Nvidia, Dick's Sporting Goods, AutoZone set to report.
ETFs to play around the debt default risk
Exchange-traded funds, or ETFs, are baskets of securities traded on exchanges that may offer investors greater diversification, less risk and fewer fees.
Netflix shares surge as streamer wows ad community
The jump in Thursday’s share price puts Netflix closer to its highest close since April 5, 2022, when it finished the trading session at $380.15.
Sam Zell, billionaire real estate mogul, dies at 81
Billionaire real estate mogul Sam Zell died Thursday at age 81 after a career spanning 50 years. He founded Equity Residential in 1968 and was an active philanthropist.
Why Wall Street’s spooked about debt default risk
The chances of the U.S. defaulting on its debt are low, but experts are warning that financial markets and the economy are still facing a wall of worry as lawmakers duke it out.
Ford recalls 422K SUVs over rearview camera issue
Ford is recalling over 422,000 SUVs including Explorers and Lincoln Aviators in the U.S. because of a rear camera malfunction that could prevent the rear camera image from displaying.
Buffett buys stake in Capital One, sells other banks
Warren Buffett’s Berkshire Hathaway bought 9.9 million shares valued at $954 million in Capital One Financial Corp, while shedding holdings in other banks.
How to invest in ChatGPT
As ChatGPT and artificial intelligence begin impacting Wall Street, traders and investors can buy into partners Microsoft, Nvidia and Perion Networks.
Disney CEO Bob Iger blasts Florida Gov. DeSantis for 'retaliating' against company
Disney CEO Bob Iger accused Florida Gov. Ron DeSantis and other state lawmakers of retaliating against the company following political remarks made last year.
Amazon to increase delivery speed while cutting costs
Amazon has made major changes to its logistics operation aiming to reduce travel distance resulting in faster delivery and lower costs.
Nevada considers tax credits to lure Sony, film industry to Las Vegas
Nevada lawmakers have crafted a bill that would provide massive tax credits in an attempt to bring film production to the Las Vegas area.
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.


















