Articles

: Intel set to call off $5.4 billion purchase of Tower Semiconductor: report

Intel Corp. will likely call off its proposed $5.4 billion acquisition of Tower Semiconducor Inc. after failing to win regulatory approval from China, Bloomberg News reported Tuesday night.

: Elon Musk’s X reportedly throttles links to news sites, social-media rivals

Elon Musk's X purposely delayed access to content from links to rival sites and news organizations, according to multiple reports Tuesday.

The Moneyist: My husband ran away to another state, bought a home and opened credit cards. Am I responsible if he defaults?

"I am not named on the mortgage documents for this new property."

Earnings Results: Coherent issues a grim earnings outlook, and its stock is tanking

Executives cited "challenges associated with customer inventory adjustments and macroeconomic weakness."

: Silvergate Capital announces departures of CEO, CFO, legal chief

Silvergate Capital, as part of its plan to wind down operations and liquidate assets of Silvergate Bank, announced executive departures.

Mark Hulbert: This bull market isn’t finished yet, but stocks could lose up to 10% from here

Strategist Hayes Martin: 'Be prepared for a more severe intermediate pullback.'

Market Extra: The S&P 500 is flashing a warning that U.S. stocks are likely headed lower after breaking below its 50-day moving average

The S&P 500 on Tuesday closed below its 50-day moving average for the first time since March. It could portend more losses for the index, technical analysts said, suggesting that the summertime stock-market selloff isn't over yet.

Market Extra: WeWork’s roles as owner and tenant collide in San Francisco high-rise as company tries to stay afloat

WeWork this spring stopped paying rent at an office skyscraper in the heart of San Francisco's financial district. It also owns a stake in the building through an affiliate, complicating any push for debt relief.

: Tesla launches cheaper, shorter-range Model X, Model S EVs

Tesla Inc. on Tuesday introduced cheaper, shorter-range versions of its Model S sedan and Model X SUV.

: Lyft CEO buys up over $1 million in stock, calling it ‘the best investment I could make’

Early in his stint leading the ride-hailing company, Lyft Inc. Chief Executive David Risher is letting his wallet do the talking.

Market Extra: ‘Good news really is bad news’: Stocks hit a roadblock as strong retail sales reinforce soft-landing view

Investors were jolted by a stronger-than-expected retail sales report on Tuesday, which underscores the dual-edged sword facing markets.

The Margin: Michael Oher case: What’s the difference between conservatorship and adoption?

Oher, whose story was featured in "The Blind Side," says he was never adopted, but was put in a conservatorship instead. Here’s the difference between the two legal terms. 
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