Articles

Treasury yields rangebound as market stays muted ahead of inflation data

Bond yields were little changed early Wednesday, with traders again wary of taking bold positions ahead of Friday’s inflation data

Merck shares rise on FDA approval for Winrevair

Merck shares gained 3.8% in after-hours trading Tuesday following approval of its new drug for a potentially fatal lung disease.

Peacock, Amazon get exclusive streaming rights to two high-profile NFL games

Peacock to stream Week 1 game from Brazil, while Prime Video gets a wild-card playoff game.

GameStop shares slide on top- and bottom-line misses for fourth quarter

GameStop Corp.’s shares fell in in extended trading Tuesday, after the videogame retailer and original meme stock missed analysts’ top- and bottom-line estimates in its fourth-quarter results.

Shockwave Medical shares rise on report of acquisition talks with Johnson & Johnson

Shares of medical-device maker Shockwave Medical Inc. rose Tuesday following a report that Johnson & Johnson was in talks to acquire the company.

Li-Cycle to cut 17% of its workforce, reshuffle leadership

Li-Cycle will cut about 17% of its global workforce and reshuffle its leadership after a review of operations to conserve cash.

Canada Goose shares drop after plans to cut 17% of corporate workforce

Canada Goose shares retreated Tuesday after the Canadian clothing company said it was again chopping head office jobs in a bid to reduce costs and position for longer-term growth.

Trump merges MAGA and Wall Street with his ‘supercharged meme stock’

For a business with little revenue and a relatively small audience, Donald Trump’s social-media company is proving to be one of the biggest things on Wall Street on its first day of trading.

Adobe’s AI shifts from ‘being in awe of everything’ to actual productivity gains

Adobe Inc. is putting a creative spin on generative AI with apps and a partnership with Microsoft Corp. to animate business productivity.

Commercial real estate is itching for a rebound two years after start of Fed rate hikes

Demand for office leases is picking up, but interest rates are still a wild card.

Apple’s big AI news is coming — and Wall Street likely just got a date for it

WWDC kicks off June 10 and is expected to feature an AI announcement.

NC State’s DJ Burns doesn’t just rely on NIL deals. He owns vending machines too.

Burns, about to play in March Madness’ Sweet Sixteen, says, ‘I’m gonna be honest, I can’t eat what’s in my vending machines’
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