News
Jobless Claims Rose Slightly Last Week, Layoffs Hit 16-Month High
The number of people filing new claims for unemployment benefits rose last week, with layoffs surging to a 16-month high...
U.K. Prime Minister Boris Johnson Resigns
After dozens of members of his party quit, Boris Johnson was forced to resign as U.K. prime minister Thursday. Facing...
Amazon Secures Stake in Grubhub, Gets into Food Delivery
Amazon has secured the right to buy a 2% stake in food delivery platform Grubhub, a move that aims to...
Job Openings Fell in May as Demand for Workers Remains Strong
Job openings fell in May but the overall demand for workers remained strong, the Bureau of Labor Statistics reported on...
Microsoft’s $68.7 Billion Deal for Activision Faces Probe in the U.K.
An investigation into Microsoft’s $68.7 billion deal to buy game developer Activision Blizzard has started in the U.K. On Wednesday,...
Ford Sales Grow 31% in June, Shares Hit 52-Week Low
Ford reported a slight increase in new vehicle sales for the second quarter that missed analysts’ expectations. The company said...
Stocks Drop as Recession Fears Mount
Stocks fell on Tuesday as concerns about a possible recession in the U.S. keep hitting Wall Street's main indexes. The...
Euro Nears 20-Year Low Against Dollar on Recession Fears
The euro is at its lowest level in two decades as recession fears are spreading across the eurozone. The currency’s...
Rihanna Becomes Youngest Self-Made Billionaire Woman in the U.S.
Rihanna is now worth $1.4 billion as the singer and entrepreneur became the youngest self-made billionaire woman in the U.S....
Tesla’s Second Quarter Sales Drop 18% Amid Supply Chain Problems
Tesla’s sales from April through June fell to their lowest quarterly level since last fall, the company reported. As supply...
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