The maker of commercial electric vehicles announced cost cuts that include a 20% reduction in head count.
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Apple’s stock draws a downgrade as AI optimism may be very premature
A Jefferies analyst says it will take time for smartphone technology to truly support AI. That means sales expectations for...
Scholar Rock’s stock soars more than 230% on positive trial of treatment for spinal muscular atrophy
The Phase 3 trial of Apitegromab showed statistically significant improvement in motor function.
10-year Treasury yield reaches 4%
The key U.S. Treasury yield reached 4% on Monday, as investors continued to reassess their view of the U.S. economy...
Will the U.S. stock market crash this month? Why an October surprise can’t be ruled out.
Huge one-day plunges are rare, but the probability is not zero — particularly in October.
American Water Works targeted in cybersecurity incident
The government has warned that drinking water and wastewater systems are an attractive target for cyberattacks.
Barnes agrees to be acquired by Apollo for $3.6 billion in cash
Barnes Group Inc.’s stock rose 2.7% early Monday, after the provider of engineered products and industrial technologies said it has...