Articles

: BlackBerry stock rises on announcement of planned IPO of its IoT business

BlackBerry shares rose in the extended session Wednesday after the company announced a planned IPO for its Internet-of-Things business.

: Exxon expects profit bump from oil prices of around $1 billion in third quarter

Exxon Mobil Corp. said in a filing late Wednesday that its third-quarter profit is likely to get a bump of roughly $1 billion from rising crude prices.

: Viatris makes progress on Ozempic patent challenge

Board agrees to review patent covering certain strengths of blockbuster diabetes drug

: Clorox slashes forecast due to effects of cyberattack; stock falls

Clorox shares fell after hours Wednesday after the company slashed its outlook stemming from the impact of a cybersecurity attack over the summer.

: From Taylor Swift and Beyoncé to blockchain and AI: Music ETF CEO eyes the next big thing

This has been a big year for live music, buoyed by the phenomenal success of Taylor Swift’s The Eras Tour and Beyoncé’s Renaissance tour

Market Extra: The latest threat to U.S. stocks: systematic trend following funds are cutting their exposure to the market

As if the U.S. stock market didn't have enough problems to contend with, here's one more: systematic trend-following funds are cutting their exposure, potentially piling more downward pressure on markets in the coming weeks.

Market Extra: Will 10-year Treasury yield hit 5% soon? Here’s what financial-market players say

There's a debate going on over if and when the 10-year Treasury note yield will reach 5%, with bond traders leaning toward that outcome in a matter of weeks.

Economic Report: U.S. jobs report forecast: 170,000 new workers and 3.7% unemployment

The post-pandemic boom in hiring appears to be over, and businesses are adding fewer workers. Will the slowdown in employment continue?

: Austin rider’s missing cat has ‘clean bill of health’ after Lyft driver mishap

A cat owner went viral after a Lyft driver took off with his pet in the back seat. A company rep said there'd be a $20 'returned item fee' if the cat was found.

Futures Movers: Oil prices settle at a 5-week low as U.S. gasoline supplies post a sharp weekly climb

Oil futures on Wednesday post their lowest settlement in five weeks.

: Michael Jordan is now worth $3 billion. Here’s what billionaire athletes have in common.

Jordan made 11-times his money when he sold the Charlotte Hornets and is now worth $3 billion

Market Extra: U.S. dollar is on the cusp of a historic winning streak. But how much longer can the rally last?

The U.S. dollar is on the cusp of another milestone in what is shaping up to be a historic bull run that few traders had anticipated just a few short months ago.
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