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Elon Musk’s SpaceX plans to lay off 10 percent of workforce

SpaceX, the rocket company headed by Elon Musk, plans to lay off about 10 percent of its more than 6,000 ...
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Amazon shares rise for third straight week despite Bezos divorce

Amazon shares rose more than 4 percent this week as Wall Street shook off concerns that CEO Jeff Bezos’ impending ...
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Slack could become biggest direct public listing since Spotify

Slack is reportedly planning on skipping a traditional initial public offering (IPO) in favor of going public through a direct ...
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GM lifts outlook after plans to cut 15,000 North American workers, stock jumps

General Motors said on Friday that its decision to cut 15 percent of its North American workforce and halt production ...
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Washing machines, dryers see price hike, here’s why

The battle between the U.S. and China over tariffs could mean higher prices for consumers in the market for home ...
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Stock futures trade cautiously after five days of gains

Equity futures are cautiously in the green, suggesting shares may rally for a sixth day. Continue Reading Below Dow Jones ...
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Stocks lower after five-day winning streak

U.S. stocks opened lower Friday after a five-session winning streak that pulled two key equity averages out of correction territory ...
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Stocks close down after five-day winning streak

U.S. stocks closed down Friday, ending a five-session winning streak that had pulled two key equity averages out of correction ...
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Oil set for weekly gain on trade talk optimism

Oil prices were on track for solid weekly gains on Friday after financial markets were lifted by hopes the United ...
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Saudi Arabia’s strategy for Aramco IPO and $80 oil

Saudi Arabia is finally shedding some light on its proven oil reserves, and I guess it is better late than ...
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Venture Capital investments hit record $130B in 2018

Spending among venture capital (VC) firms hit a record level in 2018, surpassing a previous all-time high achieved nearly two ...
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Stock futures take a breather after four days of gains

Equity futures are pointing to a lower open when trading begins following four straight sessions of gains. Continue Reading Below ...
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Stocks struggle as airlines, department stores weigh

U.S. stocks fell Thursday as big department store chains and airlines weighed on major indexes and investors worried about the ...
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Stocks book 5 straight days of gains, exit correction territory

Stocks spent Thursday in a tug-of-war between discouraging company news and encouraging statements from the Federal Reserve chairman. Initially, downbeat ...
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Oil falls 1 pct on swelling US supply, concerns on trade talks

Did oil prices hit bottom? PRICE Futures Group senior analyst Phil Flynn on the outlook for oil prices and the ...
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Constellation Brands: Cannabis investment will weigh on bottom line in 2019

Constellation Brands shares slumped more than 8 percent in trading Wednesday after the Corona beer parent warned of sagging wine ...
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WeWork gets $2B after SoftBank cuts planned investment

article REUTERS/Bobby Yip WeWork announced on Tuesday that Japan's SoftBank raised its stake in the company by $2 billion. Continue Reading Below That ...
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Stock futures point to a fourth day of gains on trade optimism

Equity futures were rising for a fourth day as trade negotiators for the U.S. and China extended talks for an ...
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Stocks rise on optimism about trade talks

U.S. stocks opened higher Wednesday, headed for their fourth straight session of gains, as trade negotiators for the U.S. and ...
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Oil climbs on hopes US, China can settle trade disputes

Oil prices rose by around 1 percent on Wednesday, extending gains from the previous session on hopes that Washington and ...
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Verizon adds 1.2M wireless customers in 4Q

Verizon Communications on Tuesday said it recorded 1.2 million net subscriber additions in its fiscal fourth quarter, according to a ...
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Forest fire insurance costs soar: Report

Natural disasters are costing insurance companies more than ever. Continue Reading Below Forest fires led the way in 2018, with the deadly fire ...
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Stock futures advance on trade deal hopes

Equity futures look at add to recent gains as optimism remains for a trade deal between China and the U.S ...
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Stocks gain on hopes for US-China trade deal

Stocks opened higher Tuesday, with the Dow Jones Industrial Average up by triple digits, on optimism that China and the United ...
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