Articles

Semiconductor maker Qualcomm Inc.’s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.

After a long slump for Sleep Number Corp.’s stock price and weaker demand for its smart mattresses, one big investor, Stadium Capital Management, went public with its frustrations with the company on Monday, calling for a shakeup of its board and changes to what it said was a “flawed” search process for a new CEO.

Ken Leech, the star investor behind bond funds with $308 billion in assets under management, illegally steered hundreds of millions of dollars into ones held by preferred clients at the expense of funds held by less-favored customers, investigators say.

Kohl’s Corp. on Monday said Tom Kingsbury would step down as its chief executive in January and that it would bring aboard a digitally-focused veteran of Walmart Inc. and Michaels to lead the department-store chain, as it deals with enduring consumer wariness over higher prices.

Small-cap stocks jumped Monday to just shy of an all-time high, with the Russell 2000 index outpacing the S&P 500 so far this month.

While bitcoin has been trading for the past several days at close to $100,000 — a level many crypto bulls consider as a milestone for the asset — it’s struggled to top that level.

Videoconferencing platform Zoom Video Communications Inc. on Monday offered up third-quarter results and an outlook that came in above Wall Street’s expectations, helped by growth in its key segment geared toward businesses.

With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury secretary pick who is deeply aware of the big-picture forces pushing and pulling those everyday costs, experts say.

Redwire, which manufactures and supplies space equipment, has seen its shares skyrocket this year.

The NFL star — who gained more than 300 yards from scrimmage on Sunday night — has millions of dollars worth of incentives in his contract.

Todd Kahler was on the verge of homelessness after his Social Security disability-benefit check was stolen from the mail. He got the money back, but it took tenacity and some outside help.

After scoring a record rally last week, the server maker’s stock was rallying toward a third straight double-digit percentage gain for the first time ever.