News

A broad-based stock rally, fueled by positive coronavirus news (a new steroidal treatment) and renewed promises that President Donald Trump will deliver on his four-year-old pledge to spend $1

It was a volatile day for shares of Brazilian payments company StoneCo (NASDAQ: STNE). After starting the day 6% higher, the stock temporarily plummeted into negative territory. As of 2 p.m. EDT on

Regal Cinemas parent Cineworld Group (OTC: CNNW.F) just announced its theater reopening schedule. The staggered opening plan begins with some eastern European markets at the end of June. Cineworld's

Airline shares got a lift Tuesday along with the broader markets on encouraging news about a treatment for COVID-19 and a renewed effort by the Federal Reserve to stimulate the economy. Airlines

America is mired in a recession. The economy's still not fully open (indeed, a few states have begun to roll back their reopenings), and the coronavirus is still a threat. Despite all this bad news

Faced by a travel industry still depressed by the effects of the COVID-19 pandemic, Hilton Worldwide Holdings (NYSE: HLT) announced today it's terminating 2,100 employees from its corporate payroll

The payments company Square (NYSE: SQ) has acquired a Spanish peer-to-peer payments app called Verse that allows users to send money to friends and family for free. Terms of the deal were not

The coronavirus has officially caused a recession in the United States, and many Americans continue to face its devastating economic effects. Amid the chaos, lawmakers are considering multiple

Shares of WW International (NASDAQ: WW), the company formerly known as Weight Watchers, were climbing today after the weight-loss specialist released a favorable business update, showing that

Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google is teaming up with French supermarket operator Carrefour (OTC: CRRFY) to roll out voice-activated food shopping in France. 

In a press release

Utilities in Florida trail well behind those in other states in their commitment to energy efficiency, according to an analysis by the Southern Alliance for Clean Energy (SACE). The environmental

Visa (NYSE: V) announced Monday that its technology has been selected for a new peer-to-peer (P2P) payments system in Facebook's (NASDAQ: FB) popular WhatsApp messaging software in Brazil.

Visa did

First Horizon National (NYSE: FHN), the holding company for First Horizon Bank, got approval from the Federal Reserve Board to acquire IberiaBank (NASDAQ: IBKC).

That was the final regulatory

In a direct assault on Apple's (NASDAQ: AAPL) low-cost iPhone SE2, Samsung Electronics announced the Galaxy A71 5G smartphone will begin shipping later this week. 

The new device, which will be

Shares of retail-focused real estate investment trust (REIT) Seritage Growth Properties (NYSE: SRG) advanced nearly 17% at the open of trading on June 16. Enclosed mall specialist Macerich (NYSE:

The mortgage real estate investment trust (REIT) sector has had a wild ride over the past three months. Virtually every stock in the sector reported a reduction in book value and has been forced to

If you follow tech news, it is hard to miss press from Microsoft (NASDAQ: MSFT) and Slack Technologies (NYSE: WORK), which are battling it out for the highly coveted hub of the digital office

The COVID-19 pandemic has had a profound impact on the way people live their lives. One of the most obvious changes is that it has accelerated our shift toward e-commerce, as many of us chose to

Investors weren't expecting much good news from Dave & Buster's Entertainment (NASDAQ: PLAY) in its first-quarter earnings report. The selling period included six full weeks during which all of its

Shares of Groupon (NASDAQ: GRPN) climbed today after the Commerce Department released new data showing that U.S. retail sales popped in May. Groupon's stock rose as much as 14.1% in the morning, and

Investment banker J.P. Morgan predicted "a reasonable, albeit slow, recovery in operations" for cruise lines Carnival Corporation (NYSE: CCL) (NYSE: CUK), Norwegian Cruise Line Holdings (NYSE: NCLH)

Shares of Eli Lilly (NYSE: LLY) surged on Tuesday morning after the drugmaker reported positive results from a clinical trial for Verzenio (abemaciclib), a cancer treatment. The company's stock is

The combination of strong retail sales numbers and a potential breakthrough for treating severe cases of COVID-19 sent the Dow Jones Industrial Average (DJINDICES: ^DJI) higher on Tuesday. While the

Costco's (NASDAQ: COST) warehouse club model, which lets members buy bulk products at steep discounts, has become a major threat to traditional supermarkets like Kroger (NYSE: KR) in recent years

When people look back on how businesses fared during the COVID-19 pandemic, many may see Best Buy (NYSE: BBY) as one of the relative surprises. Despite its stores remaining largely closed since late