Articles

The moves will reduce annual operating costs by $30 million, and are expected to be substantially completed by the third quarter.

Fastly said it was cutting its global workforce by 11% as part of a restructuring plan.

Shares of Sweetgreen soared after the company increased its revenue and same-store sales outlooks for the year on higher-than-expected sales in the second quarter.

ZipRecruiter’s stock surged Thursday after the online job-market site posted a surprise quarterly profit.

Yelp logged higher revenue in the latest quarter from growth across its home-services business, which offset continued softness across the restaurant industry.

Gilead Sciences posted higher quarterly profit and revenue that beat analysts’ expectations on increased sales.

Grindr raised its full-year guidance after growing its revenue and user base in the second quarter.

Risk aversion meant individual investors scaled back their options bets.

After problems with Boeing’s Starliner capsule, NASA is weighing bringing astronauts Butch Wilmore and Suni Williams home aboard a SpaceX spacecraft.

Expedia Group Inc. comfortably beats Wall Street expectations for its second quarter, but sounds the alarm for the current quarter, saying that July travel demand weakened.

Shares of Palantir Technologies jumped after the company said it has partnered with Microsoft to sell artificial-intelligence-based data-analytics products to U.S. government agencies.

News Corp swung to a profit in its fiscal fourth quarter, driven by growth in its real-estate-services, book-publishing and Dow Jones businesses.