Browsing: News

Shares of Peloton sank about 6% in premarket trading Thursday after the company reported a wider-than-expected quarterly loss, a tepid holiday forecast and “bad news” for…

Shares of Palantir popped 14% in premarket trading Thursday, after the company released third-quarter earnings that beat analysts’ expectations and raised full-year revenue guidance.Here’s how the…

Thousands of rideshare drivers in New York may be eligible to receive significant back pay from Uber and Lyft as part of a settlement announced by…

Starbucks on Thursday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by strong U.S. demand for pricier drinks.Shares of the company rose about 6%…

Uber and Lyft agreed to pay a combined $328 million to settle allegations the ride-hailing companies unlawfully withheld wages from drivers and failed to provide mandatory…

The United Auto Workers hopes the significant wage and benefit gains in tentative agreements with Ford, General Motors and Stellantis, the parent of Jeep and Chrysler,…

Attorneys gave their closing arguments Wednesday to the jurors who will decide Sam Bankman-Fried’s fate, offering two diametrically different versions of the collapse of his crypto…

British oil giant Shell on Thursday reported $6.2 billion profit for the third quarter, roughly in line with estimates, as the company benefited from higher oil prices…

Charles Schwab has laid off about 5% to 6% of its employees, amounting to roughly 2,000 people, as it looks to cut costs. A Schwab spokesperson…

Holiday spending will be sluggish as consumers grapple with inflation, but Bank of America thinks a handful of value retailers and specialty stores could see a…