US Markets

Cloud wars heat up as Salesforce zeros in on Slack

The battle for control of the cloud-based communication, increasingly critical as more Americans work remotely, is heating up amid reports Salesforce.com is in advanced talks to buy workspace messaging platform Slack Technologies.

Dow slides back below 30,000

U.S. equity markets opened little changed Wednesday after a mixed batch economic data dropped the Dow back below 30,000.

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.

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.