The announcement that SoftBank Group Corp will get shares in telecom T-Mobile US valued at about $7.59 billion at no additional cost caused a 5% increase in the Japanese conglomerate's stock.

Dec 27, 2023 06:00 AM EST

In response to a complaint from the medical monitoring technology firm Masimo, Apple on Tuesday challenged a decision to prohibit imports of its watches after U.S. The administration of President Joe Biden chose not to veto a federal tribunal.

Dec 27, 2023 03:03 AM EST

According to the most recent assessment, holiday sales increased this year and spending held steady over the shopping season despite Americans grappling with rising costs in certain places and other financial concerns.

Dec 26, 2023 09:06 PM EST

Though it is already fading in memory, Wall Street's worst performance in recent memory was the market turmoil of 2022. As of Tuesday's market closing, the Nasdaq Composite had risen 43% this year after falling more than 35% the previous year.

Dec 26, 2023 11:50 AM EST

Three finance sources said on Monday that Delimobil, a car-sharing firm, would be the first Russian company to make a long-awaited initial public offering (IPO) in 2024. The listing could raise up to 4 billion roubles ($43.5 million).

Dec 26, 2023 11:00 AM EST

A specialized agricultural and agribusiness bank predicts that customers will likely see a massive price increase for raw commodities affected by El Niño in 2023. Thus far this year, soft commodities have seen enormous gains.

Dec 25, 2023 09:38 PM EST

Nike's stock fell on Friday after the sportswear manufacturer reduced its forecast for fiscal year sales, citing Foot Locker as a major source of income.

Dec 23, 2023 09:45 AM EST

On Friday, Bristol Myers Squibb said that it has reached a deal to purchase Karuna Therapeutics, a biopharmaceutical business, for $14 billion in cash, or $330 per share.

Dec 23, 2023 11:03 AM EST

Another indication that inflation is abating and that Americans should profit from lower interest rates and be spared from excruciating price shocks in 2024 is the Federal Reserve's preferred price index, which decreased last month.

Dec 23, 2023 10:32 AM EST

Employees at a Wells Fargo bank in New Mexico have voted to unionize, marking the first time in modern history that workers at a major U.S. bank have sought to organize.

Dec 22, 2023 08:34 AM EST

Large money management businesses are growing increasingly hopeful that the Securities and Exchange Commission (SEC) will create crypto history in early January by authorizing the first "spot" bitcoin exchange-traded fund.

Dec 21, 2023 09:44 PM EST

In addition to having a sizable digital entertainment (gaming) sector and a developing digital financial services platform, Sea Limited's primary business is e-commerce, much like Amazon's.

Dec 21, 2023 11:10 AM EST