Shoppers Are Finally Getting a Break on Prices
Updated Nov. 16, 2023 11:24 am ETThe era of price hikes for consumer goods is waning. For over a year, shoppers...
disruptions
This Company Is Nvidia’s AI Chip Partner—and Its Stock Is Soaring
SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been...
Uber’s Business Is Finally Making Money After Years of Losses
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WSJ News Exclusive | Inside Lyft CEO David Risher’s Efforts to Bolster the Company
The new boss is considering options for Lyft’s bike fleet, with the company looking to sell the division or form...
FTC Loses Latest Bid to Halt Microsoft-Activision Merger
An appeals court ruling clears a path for the $75 billion acquisition to close while litigation continues. Source link
Rivian Shares Climb After EV Deliveries Outpace Estimates
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Airbus Sells 500 Jets to India’s IndiGo in Record Aircraft Deal
The $50 billion agreement, at list prices, opens the Paris Air Show as air travel surges. Source link
GameStop Shares Fall as It Terminates CEO and Ryan Cohen Becomes Executive Chairman
Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer. Source link
How AI Is Catapulting Nvidia Toward the $1 Trillion Club
The company’s chips are leaders in processing the complex calculations driving the latest internet revolution. Source link
Slow Return to Work Pummels Office Stocks
Vacancies are climbing and rents are sinking amid a stalled return-to-office rate. Source link
Fox Says It Settled Dominion Suit to ‘Avoid the Acrimony of a Divisive Trial’
The company said it swung to a $54 million quarterly loss, primarily because of charges associated with legal-settlement costs. Source...
Tyson Foods Stock Plummets After It Slashes Outlook for 2023
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Big Tech Earnings Spark Hope That Worst Is Over
Shares rise on better-than-expected results, but growth lags behind what Microsoft, Amazon and Google did in the past. Source link
WSJ News Exclusive | Lyft to Cut at Least 1,200 Jobs in New Round of Layoffs to Reduce Costs
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Lyft Hires New CEO as Founders Step Back Amid Struggles With Competition
David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a...
War in Ukraine Has Supercharged This German Weapons Maker
Russia’s invasion of its neighbor has made Rheinmetall AG, a once low-profile German manufacturer, a key player in the global...
FedEx Raises Earnings Outlook Despite Shipping Slowdown
BusinessEarningsShares rise as delivery company said cost cuts and higher shipping rates boosted Ground, Freight divisions Source link
United Airlines Shares Fall as Carrier Warns of First-Quarter Loss
The airline sees expenses tied to a potential union contract with pilots shifting into the current quarter. Source link
WSJ News Exclusive | Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact
The online retailer has notified the EV maker that it wants to buy about 10,000 vans this year, which is...
Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit
The oil company banked historic profit last year as the pandemic receded and the war in Ukraine pushed oil prices...
