Volatility gripped Wall Street as traders kept a close eye on any signs of a potential escalation of the Middle East conflict, while weighing Jerome Powell’s remarks for clues on the policy outlook.
Hewlett Packard Enterprise Co. slid as much as 4.2% in postmarket trading after the computing-services provider delivered a disappointing outlook for cash flow and profit.
Hewlett Packard Enterprise Co. slid as much as 4.2% in postmarket trading after the computing-services provider delivered a disappointing outlook for cash flow and profit.
Eli Lilly & Co. filed a complaint with the US International Trade Commission against companies around the world that it alleges are importing, selling and distributing unapproved versions of Mounjaro, its blockbuster drug for diabetes that’s often used for weight loss.
Losses in emerging-market stocks and bonds deepened as the rise in US Treasury yields and concern about a wider conflict in the Middle East pushed investors to unload riskier assets.
A team of top Brazilian campaign strategists that helped President Luiz Inacio Lula da Silva defeat his right-wing opponent Jair Bolsonaro in last year’s election is now seeking to repeat the feat in Argentina.
The US and European Union have yet to reach an accord on steel and aluminum ahead of a summit in Washington and are poised to keep negotiating until a year-end deadline, when tariffs would return on billions of dollars of transatlantic trade in the absence of a deal.
Convoy Inc., a Seattle-based trucking startup whose investors include Jeff Bezos and Bill Gates, is closing down its business after a four-month search for an acquirer failed, its founder and Chief Executive Officer Dan Lewis told employees in memo Thursday informing them, “Today is your last day at the company.”
Convoy Inc., a Seattle-based trucking startup whose investors include Jeff Bezos and Bill Gates, is closing down its business after a four-month search for an acquirer failed, its founder and Chief Executive Officer Dan Lewis told employees in memo Thursday informing them, “Today is your last day at the company.”
Sidney Powell, a prominent conservative lawyer who backed Donald Trump’s efforts to overturn the results of the 2020 election, pleaded guilty and could testify against the former president and others in the election racketeering case in Fulton County, Georgia.
