News

For the past six months, a payroll support program created under the CARES Act enabled airlines to keep their workers employed despite an unprecedented drop in demand. But with U.S. air travel

The stock market had a tough day on Friday, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) suffered the brunt of the downdraft. Concerns about news that President Trump and other prominent officials

Shares of Lemonade (NYSE: LMND) were turning sour last month after the high-tech insurance company slumped along with a broader sell-off in the market, continuing a slide that followed a surge on

It's been a tough year for airline investors, with the stocks rocked earlier in the year by the COVID-19 pandemic and swinging higher and lower in the months that have followed on news about the

Shares of Beyond Meat (NASDAQ: BYND) went up 22.2% in September, according to data provided by S&P Global Market Intelligence. The good news just kept coming throughout the month, sending the stock

Clinical-stage biotech companies like Moderna (NASDAQ: MRNA) and Inovio Pharmaceuticals (NASDAQ: INO) have been stealing the limelight in the coronavirus vaccine race. That may be due to their rapid

Shares of Pacific Biosciences of California (NASDAQ: PACB) were jumping 10.6% as of 3:15 p.m. EDT on Friday. The big gain came after J.P. Morgan upgraded the stock to an overweight rating and

Add Canada to the list of countries reviewing AstraZeneca's (NYSE: AZN) coronavirus vaccine, AZD1222, before the phase 3 clinical trial is complete. The European Medicines Agency is also conducting

Americans have been waiting for Congress to pass new stimulus legislation for several months, and while there has been some progress made, there is no agreement just yet. President Donald Trump has

Crude oil futures are falling sharply following news that President Donald Trump has been diagnosed with COVID-19. At this writing, both West Texas Intermediate and key international benchmark Brent

Shares of Canada Goose (NYSE: GOOS) were flying higher last month even though there was little company-specific news out on the maker of luxury parkas. Instead, the stock seemed to rise on

Shares of start-up lithium miner Lithium Americas (NYSE: LAC) climbed a strong 15% in 2:57 p.m. EDT trading Friday, continuing a run that's seen the stock literally double since last month's

After going public at $20 a share in August, Nano-X Imaging (NASDAQ: NNOX) has been a roller-coaster ride for early investors. The company has a high-quality X-ray device that promises to be 99%

Investors in firearms manufacturer Sturm, Ruger (NYSE: RGR) were enjoying a terrific year heading into late summer, with the shares doubling from March lows. But the momentum has slowed. The shares

The economy is always changing, and the shift toward digital assets and services has been going on for decades now. The coronavirus pandemic only accelerated an existing long-term trend when it

Clearly not immune to the economic effects of the coronavirus pandemic, Goldman Sachs (NYSE: GS) is enacting a fresh round of job cuts. On Thursday the storied financial services company admitted it

Shares of ACM Research (NASDAQ: ACMR) plunged last month on reports that one of its key customers could be added to the Commerce Department's "Entity List," which would effectively ban it from

An analyst day presentation from Twilio (NYSE: TWLO), a provider of cloud-based communication tools and services for developers, has investors looking up on Friday. The stock was up 15% as of 1:08

Shares of educational materials company Houghton Mifflin Harcourt (NASDAQ: HMHC) are on the rise Friday. As of 1:15 p.m. EDT, the stock was up by 23.8%. One might expect some substantial news would

Shares of domestic merchandise retailer Bed Bath & Beyond (NASDAQ: BBBY) rose as much as 11.5% higher on Friday morning before settling down to a milder 9% gain by 12:30 p.m. EDT. The jump built on

Heinz was bought out by 3G Capital in 2013, with the new owners focused on cutting costs. That's the playbook that 3G Capital is known for, championing so-called "zero-based budgeting." The goal is

Shares of CoreCivic (NYSE: CXW) fell 14.1% in September, according to data from S&P Global Market Intelligence.

Despite having been added to the S&P SmallCap 600 index the month before, the stock

It's another day ... and another bad day for investors in Carnival Corporation (NYSE: CCL), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Line Holdings (NYSE: NCLH), with all three stocks

Shares of Macy's (NYSE: M) fell 18.2% in September, according to data from S&P Global Market Intelligence, as steep second-quarter losses had investors worried it could eventually follow department

Shares of Virgin Galactic (NYSE: SPCE) dropped 6.7% Monday, soon after the news broke that U.S. President Donald Trump and the first lady have both tested positive for COVID-19. In afternoon