Articles

Ex-U.K. finance minister Kwasi Kwarteng to step down from politics

Kwarteng became the U.K.’s second shortest serving Chancellor of the Exchequer after announcing a disastrous mini-budget in 2022

FMC stock skids on weak outlook as sales miss estimates

FMC Corp. shares slumped in premarket trade on Tuesday as the Philadelphia fertilizer company issued a weak outlook after missing fourth-quarter sales estimates.

The new Porsche Macan EV: Here’s how fast it can go, and more

The most powerful EV takes the Macan name to a new level of performance. Here’s more on pricing, power, and features.

5 things to love about the new Mazda CX-70

TheMazda CX-70 is a new, sleek-looking, modern SUV. Here are my five favorite features of the CX-70.

Age is real, but not everything: Is the presidential race encouraging ageism?

Prejudicial tropes about older adults are becoming commonplace because of the presidential race — and some people are pushing back.

BP shares make biggest gains in a year on buyback plan as profit tops estimates

The oil major also vowed to push forward with its green transition plans following Bernard Looney’s exit in September 2023

Treasury yields dip after surge higher following strong data and hawkish Fedspeak

Bond yields dipped slightly early Tuesday having risen sharply in recent sessions as rate-cut expectations were pared.

Novartis to bolster its oncology portfolio with acquisition of MorphoSys

Novartis AG on Monday announced it has agreed to buy German biopharmaceutical company MorphoSys AG for 2.7 billion euros ($2.9 billion).

L’Occitane shares rise on report of potential Blackstone offer

L’Occitane International’s shares rose sharply after a report that Blackstone is considering a bid for the skincare company.

Gap brings aboard designer Zac Posen, as it aims for a bigger role in ‘the cultural conversation’

Gap Inc. on Monday said it had appointed fashion designer Zac Posen as the clothing retailer’s new creative director and chief creative officer of Old Navy, part of the chain’s search for greater relevance amid uneven demand for apparel.

Major bond-market gauge cements worst 2-day rout since October as market rethinks path of Fed rate cuts

Rate volatility is likely to persist even through interest-rate cuts are coming at some point.

Virgin Galactic says pin ‘detached’ from mothership’s launching pylon, reports issue to FAA

Virgin Galactic said that the problem was detected after a routine post-flight review following the Galactic 06 flight last month.
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