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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.

Chegg says benefits of its AI push will ‘take time,’ as sales forecast comes up short

The education-technology platform said it’s seeing the “green shoots” of efforts spurred by students’ increased use of ChatGPT.

Super Micro board member buys over $1 million in stock after 600% yearly surge

One Super Micro board member just sent a signal of confidence by buying up stock after a huge run higher.

Avon’s stock could return to equity markets if this comes to pass

Natura & Co. said late Monday that its executives are exploring splitting its Natura and Avon businesses into two publicly traded beauty-products companies “to unlock further shareholder value.”

Conventional wisdom said Trump couldn’t win in 2016. This historian’s ‘keys’ said he would. What are those keys telling us today?

Biden holds an edge this November based on American University professor Allan Lichtman’s analysis of 13 historical predictors.

After frustrating FAFSA delays, feds will provide personnel and funding to assist colleges

The Department of Education is beefing up resources at certain colleges and financial-aid organizations after weeks of complaints from students, college counselors, schools and congressional Republicans over the delayed launch of the new FAFSA form.

This Super Bowl, ‘doink cameras’ and augmented reality await TV viewers

The new “doink cameras” on the goalposts are likely to create the most buzz this Sunday.
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