SEC charges 12 firms with record keeping failures
The Securities and Exchange Commission said it fined 12 companies, including brokers, investment advisers and credit rating firms, for record keeping failures.
Blue Apron shares surge on sale to Wonder Group
Shares of meal kit company Blue Apron are up 133% in early trading on Friday, following the company’s announcement that it agreed to be purchased by Wonder Group.
Hawaiian Electric CEO defends decision not to de-energize power lines
Hawaiian Electric is facing lawsuits filed by Maui residents and the county, and has been sued by its investors, all largely claiming that the utility was responsible.
Valkyrie Investments first to offer ether futures through ETF
In addition to Valkyrie, eight other issuers have filed applications to launch ether ETF products including VanEck, Grayscale Investments and Bitwise.
GameStop names Ryan Cohen CEO
GameStop is naming billionaire Ryan Cohen as CEO, effective immediately. Cohen is the company's largest investor and replaces Matt Furlong, who was fired in June.
Peloton shares surge 30% on Lululemon partnership
Peloton shares soared 30% in extended trading Wednesday after the company announced a five-year partnership with fellow high-end fitness brand Lululemon.
Oil nears $94 per barrel
The price of oil is nearing $94 per barrel after the Energy Information Administration reported a larger-than-expected draw on inventories of over 2.1 million, jolting the crude market.
Election 2024: Inflation, rising interest rates and take home pay
Inflation and rising interest rates are costing consumers and spooking markets, creating further headwinds for the U.S. economy just as the 2024 season election kicks into gear.
US will have 18 ETFs launched this week for 2023 weekly record
The flurry of new offerings would bring the total of ETF launches this month to 57, a record for this year and handily beating the 53 that arrived on the market in September 2022
UAW strike, Nike and Costco earnings, FOX Business’ Republican debate top week ahead
The UAW strike against Detroit's Big Three continues, plus earnings from Nike, Costco, CarMax and Carnival Corp. are on tap. And FOX Business Network hosts the Republican debate.
Fed’s Wall of Worry: Government shutdown, UAW strike, student loan repayments and $90 oil
While the Federal Reserve has been busy battling inflation, a new crop of headwinds have emerged that could spell trouble for the U.S. economy
Kraft recalls American cheese slices over potential choking hazard
Kraft Heinz is recalling 83,800 cases of Kraft Singles American Pasteurized Prepared Cheese slices and 3-pound multipacks of Kraft Singles over a potential choking hazard.
Instacart shares deliver in IPO revival
Wall Street is shopping the Instacart IPO, driving shares higher on the first day of trading — a positive sign for thawing capital markets, which also got a boost from Arm's debut last week.
How Blackstone celebrated S&P 500 inclusion
Blackstone CEO Steve Schwarzman joined the firm's employees in celebrating a a prestigious milestone for the private equity giant.
Rocket Lab shares fall after ‘launch issue’
Shares of Rocket Lab fell on Tuesday after the aerospace manufacturer announced it experienced an issue with its Electron rocket during its latest launch.
Oil spikes above $91 on supply concerns
The price of WTI and Brent crude oil continues to rise as Wall Street traders eye a deeper supply deficit in the fourth quarter after Saudi Arabia and Russia extended supply cuts.
Novo Nordisk shares fall after media report on quality lapses at US plant
Novo Nordisk, a pharmaceutical company, experienced a decline in its stock prices following a report by financial news agency MarketWire.
Fed decision, Instacart IPO and UAW strike top week ahead
Investors will be closely watching the Federal Reserve's decision on interest rates, as well as the ongoing UAW strike against Ford, GM and Stellantis in the coming week.
Planet Fitness ousts CEO, shares slide
Planet Fitness said on Friday it is replacing chief executive Chris Rondeau replacing him with board member and former New Hampshire Gov. Craig Benson.
Instacart raises IPO price range after Arm's strong Wall Street debut
Instacart controls about 22% of the $132 billion U.S. online grocery-delivery market, according to Evercore. The company said it had 5.1 million users as of June 2023.



















