Articles

‘A passenger hit me on a flight’: We argued over the armrest. Did I do something to invite trouble? Should I sue for compensation?

“I am anxious about traveling this Labor Day weekend.”

Treasury yields ease ahead of latest U.S. jobless claims report

Bond yields were down slightly Thursday morning as traders awaited a report on the U.S. jobs market.

The dumb money poured into Nvidia ahead of its results. It could’ve been worse.

Retail investors — known pejoratively as the ‘dumb money’ on Wall Street — loaded up on Nvidia ahead of the microchip maker’s poorly received results.

Maersk’s top shareholder to buy Sweden engine part maker for $843 million

The lead shareholders of shipping giant AP Moller-Maersk agreed to buy Swedish engine part maker Concentric for 8.58 billion Swedish krona ($843 million).

DraftKings agrees to buy in-game betting company Simplebet

DraftKings Inc. is looking to bolster its in-game betting technology, announcing a deal Wednesday to acquire Simplebet Inc.

Nvidia CEO’s swagger isn’t enough to support the stock, as tiny cracks emerge

Nvidia Corp. co-founder and Chief Executive Jensen Huang wasn’t able to completely assuage all the concerns from Wall Street on Wednesday, as the chip designer is seeing some of its heady growth slow amid a slightly delayed new-product launch.

Yelp files antitrust suit against Google, claiming it stifles competition

Yelp Inc. took its long-simmering feud with Google to the next level Wednesday, filing an antitrust lawsuit against the tech giant and accusing it of using its dominant position to crush competition.

Restaurants are struggling as price increases backfire. But these chains are feeling pretty good.

Following a steep rise in food prices, big restaurant chains like McDonald’s Corp. and Starbucks Corp. this year have warned of a more circumspect customer. But not everyone in the industry is seeing it.

Ford has retreated from its DEI goals. A new study says companies that embrace them are more innovative.

Days after Lowe’s Cos. backed away from its diversity, equity and inclusion plans, Ford Motor Co. said it has done the same over the past year as DEI practices face attacks in court and from conservative activists.

Nutanix stock jump 14% after earnings beat, strong revenue guidance

Shares of Nutanix rose after the cloud-software company posted better-than-expected quarterly results and projected revenue for the current year ahead of Wall Street estimates.

BJ’s Restaurants CEO Levin steps down; ex-Darden CFO to lead on interim basis

BJ’s Restaurants said its chief executive Gregory S. Levin has stepped down, and that board member and former Darden’s Restaurants’ Chief Financial Officer C. Bradford Richmond has taken over as interim CEO.

Why Yardeni likes home-builder stocks despite drop in consumer plans to buy homes

While high home prices remain an obstacle to prospective home buyers even as mortgage rates fall, pent-up demand should benefit home builders in the stock market, according to Yardeni Research.
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