In a shocking and tragic event, Brian Thompson, the CEO of UnitedHealthcare, was shot and killed outside his hotel in New York City on Wednesday morning, just ahead of a key investor conference. Thompson, 50, was gunned down in the midtown area, where UnitedHealth...
On Thursday midday, the NASDAQ Composite faced a significant downturn, slipping over 2% into the red. This decline comes as investors brace for anticipated earnings reports from major technology companies, including Amazon and Apple, which are scheduled to be released...
Inflation in the United States rose to 2.4% in September, according to the latest report from the Bureau of Labor Statistics (BLS). This figure represents a 0.2% increase in the consumer price index (CPI) for the month, slightly surpassing the Dow Jones consensus...
Alaska Air Group, Inc. (NYSE: ALK) and Hawaiian Holdings, Inc. (NASDAQ: HA) are set to merge, creating a powerhouse that enhances travel options for consumers in Hawai'i and the West Coast. The all-cash transaction, valued at approximately $1.9 billion, will see...
Qualcomm Technologies, Inc. (NASDAQ: QCOM) and Salesforce reported the companies plan to collaborate and develop a new intelligent connected vehicle platform for the automotive industry. It will be built with Snapdragon Digital Chassis and Saleforces Automotive...
The European Union on Monday issued Facebook parent company Meta (NASDAQ: META) a list of objections regarding its pairing of Facebook Marketplace with its personal social network. The European Commission found that Meta breached EU antitrust rules by twisting...
The European Union on Monday issued Facebook parent company Meta (NASDAQ: META) a list of objections regarding its pairing of Facebook Marketplace with its personal social network. The European Commission found that Meta breached EU antitrust rules by twisting...
On Friday, stocks for both the Federal Home Loan Mortgage Corporation (FMCC) and the Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, saw impressive gains, with FMCC rising nearly 23% and FNMA increasing by 23.5%. These significant stock...
On January 19, 2025, the U.S. Supreme Court upheld a law banning TikTok unless it is sold to an owner not controlled by a foreign adversary. This ruling has sparked fresh uncertainty surrounding the popular social-media app, which is used by approximately 170 million...
Southwest Airlines (LUV) is facing a turbulent period, with its stock experiencing significant declines amid a series of unfolding scandals and legal challenges that are shaking investor confidence in the budget airline. One of the most recent and alarming incidents...