After a wave of selling over the last week it was little surprise when US crude futures opened lower on Thursday, but few traders were braced for the 7.2% plunge that unfolded in the first dramatic minutes of trading.
The National Football League is being investigated by California and New York over allegations that it fostered discrimination and harassment in the workplace.
Construction jobs are set to become the next victim of high interest rates as the housing backlogs that have helped keep demand for workers steady start to diminish.
Silver Lake Management said it had boosted its offer for Software AG to €32 per share after Bain Capital submitted a takeover proposal.
Microsoft Corp. is working with Advanced Micro Devices Inc. on the chipmaker’s expansion into artificial intelligence processors, according to people with knowledge of the situation, part of a multipronged strategy to secure more of the highly coveted components.
Most Americans don’t have the financial resources to cover a surprise expense of $400 without taking on debt, according to a new survey.
Signs are mounting within financial markets that investor concern about the US borrowing limit is increasing, with fresh debt auctions Thursday joining other indicators in sounding the alarm.
Kroger Co. has agreed to pay $68 million to resolve claims by West Virginia that supermarket chain failed to properly monitor opioid prescriptions filled by the company’s in-store pharmacies.
Hollywood’s largest film and TV studios are halting payments to some producers, an escalation of the writers strike and a sign they expect the industry’s labor dispute to last for a while, according to people familiar with the matter.
