Colonial Pipeline CEO tells why he paid hackers a $4.4M ransom
U.S. officials have linked the ransomware attack on Colonial to a criminal gang known as DarkSide, believed to be based in Eastern Europe, which specializes in crafting the malware used to breach systems, and shares it with affiliates -- for a cut of the ransoms they obtain.
Lowe's growth lags Home Depot in home improvement battle
Lowe's Cos Inc reported on Wednesday a 25.9% jump in quarterly same-store sales growth that failed to match that of larger rival Home Depot Inc, signaling it was slipping further behind after gaining ground during the pandemic.
Stocks slip on crypto’s wild ride and Fed minutes
U.S. equity markets closed moderately lower Wednesday, paring heavy losses that developed early in the session as technology shares slid along with cryptocurrencies.
Stimulus checks, reopening economy help Target sales hit the mark
Target Corp beat estimates for quarterly same-store sales on Wednesday as a strong vaccination drive across the country encouraged shoppers to return to the stores and spend their stimulus checks on home goods, clothes and other items.
Stocks slide as Yellen calls on businesses to pay more in taxes
Stock investors assessed disappointing housing data and earnings reports from several retailers as well as more calls to raise corporate taxes.
Walmart hikes profit forecast as stimulus checks boost sales
Walmart Inc. raised its full-year earnings outlook as another batch of stimulus checks propelled same-store sales past Wall Street estimates.
Home Depot posts blowout quarter as pandemic-fueled boom prolongs
Home Depot Inc on Tuesday reported a bigger-than-expected 31% jump in quarterly same-store sales, allaying concerns that the top U.S. home improvement chain would see pandemic-fueled demand easing as vaccinations gather steam.
How a missed golf tournament led to the merger of Discovery, WarnerMedia
The annual Pebble Beach golf tournament had an unwitting part in the year's biggest media merger
Stocks slide as AT&T, Discovery agree to combine media assets
U.S. equity markets were lower as traders digested the AT&T-Discovery mega-merger.
AT&T, Discovery agree to merger of CNN, other media assets
AT&T Inc. has agreed to merge its WarnerMedia division with Discovery Communications Inc., creating a streaming giant behemoth to compete with Walt Disney Co.'s Disney+ and Netflix.
Dow jumps 360 points, Nasdaq adds 2% trimming weekly loss for stocks
U.S. equity markets rallied Friday as traders celebrated the lifting of most mask mandates and digested disappointing retail sales.
General Mills beefs up pet foods division with $1.2B Tyson unit purchase
General Mills Inc said on Friday it would buy Tyson Foods Inc's pet treats business for $1.2 billion in cash, as the cereal maker builds its pet food portfolio at a time people are increasingly adopting cats and dogs.
Stocks rally as CDC lifts most mask mandates, jobless claims fall to post-pandemic low
Stock investors shifted back to buying mode after a drop in jobless claims outweighed another hot inflation report.
Billionaire Bill Ackman takes slice of Domino's Pizza
Billionaire hedge fund manager Bill Ackman has amassed a nearly 6% stake in Domino’s Pizza Inc. while exiting his position in Starbucks Corp.
Dow hit with 682 point loss, Nasdaq off 2.7% on inflation beating
U.S. equity markets were lower Wednesday as traders digested a hotter than expected reading on consumer prices.
Dow slides 473 points as Nasdaq mounts comeback
U.S. equity markets traded lower Tuesday afternoon as technology and growth stocks pared their losses after falling sharply in early trading amid continued worries over inflation and what it might mean for Federal Reserve policy.
Dow on pace for third record close in a row
'Countdown Closer' Chris Osmond discusses stocks to watch out for amid Dow's third record close in a row.
Stocks slide from record, S&P still gains 5% for April
U.S. equity markets were under pressure Friday morning as investors dissected another batch of earnings that included Amazon’s blowout quarter.
Twitter sees fewer users than expected and stock sinks
Twitter Inc. on Thursday reported increased quarterly revenue on the strength of ad sales, but its user numbers fell short of expectations.
UFC-owner Endeavor shares spike as trading begins on NYSE
Endeavor Group Holdings Inc. shares jumped 13% in the opening trade on the New York Stock Exchange.


















