Articles

: Hawaiian Electric’s stock slides 26% as S&P downgrades credit to junk on risk from Maui wildfire lawsuits

Hawaiian Electric Industries Inc.'s stock added to losses Tuesday, tumbling 26% after S&P Global Ratings downgraded its rating on the utility company to junk.

Banking: Financial stocks among worst performers in S&P500 after facing multiple headwinds on Tuesday

Financial stocks are among the worst performers in the S&P 500 index on Tuesday, as the sector was hit with more than one fresh challenge.

The Ratings Game: Why is Palo Alto Networks reporting earnings Friday afternoon? The strange timing draws speculation.

Wall Street wonders why the cybersecurity company decided to report earnings and hold its conference call after the close of markets on a Friday.

MarketWatch: On the streets of San Francisco, will robotaxis run amok or aground?

Last week, state regulators voted to allow Cruise and Waymo to operate an unlimited number of driverless cars on San Franciso's streets.

: New York City ‘permanently’ blocked from switching retirees to Medicare Advantage

The switch to the privatized health insurance program had been temporary blocked in June.

: Trump indictment in Georgia: What does a RICO charge mean?

6 things to know about RICO violations, which are usually associated with mobsters, but can apply much more broadly, legal experts say.

IPO Report: Sacks Parente Golf’s stock soars 158% in trading debut on Nasdaq

Golf-equipment maker upsized its initial public offering at pricing and saw the stock soar on Tuesday.

The Tell: BofA warns of ‘unusual lack of concern’ in stock market amid rising expectations for ‘recession-free’ rate cuts

Bank of America analysts are cautioning stock investors about betting the Federal Reserve will deliver interest rate cuts without a recession in the wake of the central bank’s aggressive monetary tightening. 

The Ratings Game: Discover’s CEO exit has Wall Street worried about whether another shoe will drop

An abrupt exit for Discover's chief executive is sending a troubling signal to Wall Street given the credit-card company's regulatory position.

Mark Hulbert: Why AI-generated stock picks won’t beat the market

AI can’t know more than the market knows. The best it can hope to do is to match the market over the long term.

Help My Career: Lazy-girl jobs? Many working mothers can’t afford such a luxury.

Tuesday marks Moms’ Equal Pay Day, which aims to shed light on the persistent gender wage gap experienced by mothers in the workplace. 

: PayPal’s stock pulls back as Elliott reveals it dumped its stake last quarter

Elliott Investment Management dumped its stake in PayPal Holdings Inc. during the second quarter, a recent filing indicates.
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