News
US inflation and consumer spending fall for 2 straight months
U.S. consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading...
Intel’s ‘historic collapse’ triggers selloff in chip stocks
Five of the biggest U.S. chipmakers were set to erase nearly $15 billion in market value on Friday after Intel...
Morgan Stanley penalizes employees for WhatsApp breaches
Morgan Stanley (NYSE: MS) has imposed financial penalties on employees who used messaging platforms such as WhatsApp for company business, according...
Fewer Americans file for jobless claims last week
Fewer Americans filed for unemployment benefits last week as the labor market remains tight, even as the Federal Reserve has...
Boeing to be arraigned in court over two Max jet crashes
Boeing representatives and relatives of some of the passengers killed in two crashes of Boeing 737 Max jets will meet...
Ad spending on Twitter falls more than 70% in Dec
Advertising spend on Twitter Inc (NYSE: TWTR) dropped by 71% in December, data from an advertising research firm showed, as...
Bank of Canada raises rates, signals pause
Today The Bank of Canada moved its key interest rate up to 4.5%, the highest level in 15 years. After...
Microsoft cloud outage impacts users worldwide
Early Wednesday, Microsoft Corp (NASDQ:MSFT) had networking outage that took down its cloud platform, Azure, along with Teams and Outlook....
Walmart to raise its minimum wage for U.S. hourly workers to $14
Walmart (NYSE:WMT) plans to raise its average hourly wages for its U.S. store workers starting next month from $12 to...
3M to cut 2,500 jobs
3M Co (NYSE:MMM) plans to cut 2,500 manufacturing jobs after reporting a lower profit, as the company faces a slowing demand...
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