In this photo illustration the stock trading graph of Nvidia Corporation seen on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Nvidia will slow down its hiring pace and control expenses as the company deals with a challenging macroeconomic environment, its CFO Colette Kress said […]
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Twitter jumps after Musk increases commitment in takeover bid to $33.5 billion, in talks for other funding
Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty A new filing reveals that Elon Musk plans to front $33.5 billion in his bid to take over Twitter. Musk is in talks with Twitter founder and former CEO Jack Dorsey […]
Stocks making the biggest moves after hours: Nvidia, Twitter and more
Nvidia headquarters in Santa Clara, California, on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Here are the stocks making notable moves after the bell. Nvidia — The chip stock dropped more than 6% after Nvidia’s guidance for the second quarter showed lighter-than-expected revenue. The company […]
Trump will speak at NRA event in Houston days after Texas school massacre
Former President Donald Trump and other prominent Republicans still plan to speak at the National Rifle Association’s annual meeting in Texas on Friday, days after a gunman killed 19 children and two adults at an elementary school in the state. Trump wrote on social media Wednesday that he will keep […]
Stocks rise after Fed signals further rate hikes, Dow jumps nearly 200 points
Stocks rose on Wednesday after the minutes of the Federal Reserve’s May policy meeting showed the central bank is prepared to raise rates further than the market had anticipated. The Dow Jones Industrial Average jumped 191.66 points, or 0.6%, to 32,120.28. The S&P 500 rose 0.9% to 3,978.73, and the […]
Schumer says Democrats want to craft gun reforms with GOP after Texas school massacre
Senate Majority Leader Charles Schumer, D-N.Y., conducts a news conference after senate luncheons in the U.S. Capitol, on Tuesday, May 24, 2022. Tom Williams | Cq-roll Call, Inc. | Getty Images Senate Majority Leader Chuck Schumer pledged Wednesday to renew his efforts to pass stricter U.S. gun-control laws, but acknowledged […]
Elon Musk backs ‘tight’ background checks for all gun sales in wake of mass shooting in Texas
Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. FilmMagic | HBO | Getty Images Tesla and SpaceX CEO Elon Musk called for “tight” background checks for all gun purchases while also backing gun ownership as a “safeguard” […]
Apple discourages retail employees from joining unions in internal video
An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters Deirdre O’Brien, Apple’s head of retail and human relations, told employees in a video this […]
CBO boosts U.S. GDP growth estimates, says inflation has topped and will cool to 2% by 2024
A person runs in front of the U.S. Capitol building during morning hours in Washington, February 10, 2022. Brendan McDermid | Reuters U.S. economic growth will exceed 3% in 2022, while roaring inflation has topped and will cool each month to around 2% by some point in 2024, according to […]
Amazon CEO Andy Jassy says he’s confident company can get high costs in check
Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon CEO Andy Jassy said the company is focused on returning to a “healthy level of profitability” after slowing retail sales and rising costs ate into its latest […]