737 Max's return benefits this company even more than Boeing
Spirit AeroSystems Inc. is the biggest winner from the Federal Aviation Administration’s decision to allow the Boeing 737 Max aircraft to return to service, according to UBS.
Foot Locker grows quarterly profit, sales
Foot Locker Inc. said its profit and sales rose for the third quarter, even as the back-to-school selling season started later than usual because of the coronavirus pandemic.
Dow drops 219 points as stocks end week little changed
Investors are weighing vaccine progress and stimulus talks as week wraps.
Stock futures trade mixed following Mnuchin comments on lending programs
On Wall Street on Thursday, the S&P 500 rose 0.4% after spending much of the day flipping between small losses and gains
United, American Airlines to scrap change fees for overseas flights
United is among the major U.S. airlines that began implementing temporary waivers of change fees this year
Stocks shrug off losses, tech and energy led turnaround
Investors discounted rising COVID-19 restrictions, pushing stocks higher.
Macy's reports 20% fall in comparable sales, eyes surging virus cases
Macy's Inc reported a more than 20% drop in quarterly comparable on Thursday and said it expects that to continue into the fall season, signaling a tough holiday season for the coronavirus-battered department store chain.
Stock futures trade lower ahead of jobless claims, retail earnings
Investors will also get to digest reports on manufacturing and housing
Amazon restructures drone program, cuts jobs
The employees are in the R&D and manufacturing area
Airline CEOs ask Congress for more aid
Passenger volumes remain 65 percent below 2019 levels
Sonos shares jump as stay-at-home purchases help top expectations
The direct-to-consumer business jumped 67%, helping to make up for weaknesses at retail partners
'Wonder Woman 1984' to debut in theaters and on HBO Max
The film will also debut in international theaters on Dec. 16
Pandemic ‘nesting’ isn’t enough to revive Victoria’s Secret
Bath & Body Works posted a 55% jump in quarterly sales as the coronavirus fueled demand for soap and hand sanitizer, helping its parent company offset another quarter of declining sales at its Victoria’s Secret lingerie brand.
Nvidia shares dip on predicted decline in data center sales
Nvidia Corp shares declined nearly 3% on Wednesday after company executives said data center chip sales would fall slightly in the fourth quarter.
Tesla is morphing into more than a car maker
Tesla Inc.’s transformation from an electric-car maker to a software/connected vehicle services provider is the “entry ticket” to a much larger business, according to Morgan Stanley.
Target blows past expectations as digital sales, same-day services boom
Target Corp. reported booming digital sales and same-day services growth helped fuel a 42% year-over-year spike in third-quarter profit.
World stocks catch breath after vaccine euphoria, US stocks expected to hold steady
Global shares were little changed and oil rose on Wednesday as weak U.S. retail sales and a surge of new coronavirus cases dampened but did not extinguish the euphoria from recent COVID-19 vaccine breakthroughs.
Elon Musk to become world's 3rd richest person
Technology wiz Elon Musk is on track to become the world's third-richest person.
Record stock rally faces risks from civil unrest, tech bubble
Big money managers are growing concerned that civil unrest could upend the stock market rally, but remain more worried about the impact of the COVID-19 pandemic, according to a Bank of America survey conducted in November.
Walmart earnings surge as coronavirus pandemic boosts grocery, electronics sales
Walmart Inc. said third-quarter profit soared 56% from a year ago as customers stocked up on health and wellness products and electronics amid the COVID-19 pandemic.


















