Slump for Tech Chops off Chunk of Wall Street’s Winning Week
Wall Street gave back some of its strong gains from the week on Friday following discouraging readings on the global economy and another slew of profit reports from big U.S. companies.
Wall Street gave back some of its strong gains from the week on Friday following discouraging readings on the global economy and another slew of profit reports from big U.S. companies.
As inflation surges around the world, politicians are scrambling for ways to keep food affordable as people increasingly protest the soaring cost of living.
Amazon announced Thursday it will acquire the primary care organization One Medical in a deal valued roughly at $3.9 billion, marking another expansion for the retailer into health care services.
The number of Americans applying for unemployment benefits last week rose to its highest level in more than eight months, a sign the labor market may be showing some weakness.
Baidu, a Chinese search engine and artificial intelligence firm, has unveiled its latest electric autonomous driving vehicle.
Ford says it has contracts to deliver enough batteries to produce electric vehicles at a rate of 600,000 globally per year by late in 2023.
Individual health insurance rates are going up across the country.
Georgia officials are close to finalizing a deal with automaker Hyundai to build a $5.5 billion electric car plant near Savannah.
Johnson & Johnson rode growing sales of the cancer treatment Darzalex and other key drugs to a better-than-expected second quarter, but foreign exchange rates again cut into the health care giant’s 2022 forecast.
United Airlines says its latest quarterly profit is $329 million, thanks to summer vacationers who are packing airplanes.