Block Shares Drop Most Since March After Earnings Disappointment
Block Inc., Jack Dorsey’s payments company, tumbled as much as 14% after reporting results that fell short of
2023-08-05 01:22
Carl Icahn’s Wealth Falls $2.7 Billion as Dividend Cut Batters Shares
Carl Icahn’s fortune fell $2.7 billion Friday after the activist investor made corporate changes in tacit response to
2023-08-05 00:25
Buffett-Backed Nubank Bets on Mexico for ‘Pivotal’ Growth
Nu Holdings Ltd., the Brazilian digital bank that counts Warren Buffett’s Berkshire Hathaway Inc. among its biggest stockholders,
2023-08-05 00:23
Ex-Goldman Banker Roger Ng Gets 30-Day Delay to 1MDB Prison Sentence
Former Goldman Sachs Group Inc. banker Roger Ng was granted a last-minute postponement of his 10-year prison sentence
2023-08-04 23:51
Summers Warns on Inflation Reacceleration Risk With Too-Hot Wage Growth
Former Treasury Secretary Lawrence Summers said that while the path to a soft landing for the US economy
2023-08-04 23:17
Argentina’s Bullrich Would Remove FX Controls With IMF Help
Argentina’s presidential hopeful Patricia Bullrich would seek greater support from the International Monetary Fund to untangle currency controls
2023-08-04 22:58
Stellar Earnings Aren’t Enough to Juice Stock Prices
A strong earnings season for technology companies is going largely unrewarded in a stock market that has already
2023-08-04 22:20
Telus Seeks to Slash 6% of Its Workforce as Profit Slides
Telus Corp. said it’s seeking to eliminate 6,000 jobs, or 6% of its workforce, after posting second-quarter profit
2023-08-04 21:54
US Wage Growth, Lower Unemployment Underpin Solid Jobs Market
US employment increased at a solid pace in July while wages rose at a faster-than-expected clip, consistent with
2023-08-04 21:29
Canada’s Economy Sheds Jobs But Wage Growth Stays High
Canada’s economy unexpectedly shed jobs last month, signaling a softening labor market at the beginning of the second
2023-08-04 21:19
Qualcomm and NXP Team Up to Develop Arm-Rival Chip Tech
Qualcomm Inc. and NXP Semiconductors NV are among a group of chip design firms forming a new company
2023-08-04 20:53
Global money market funds see largest inflows since March amid US downgrade, economic woes
Global money market funds attracted massive inflows in the week to Aug. 2 as investors sought safer assets
2023-08-04 20:24