House votes to strip Russia of normal trade status, opening door to higher tariffs
The House of Representatives on Thursday passed a bill that would strip Russia of normal trade relations with the U.S., in a move that paves...
Dow books 4th day of gains Thursday as stocks head for robust weekly advance
Stocks ended higher Thursday, extending their weekly gains, a day after the Federal Reserve increased its policy rates for the first time since 2018 and...
GameStop stock falls after retailer swings to surprise Q4 loss, confirms NFT marketplace plans
Shares of GameStop Corp. fell more than 8% in the extended session Thursday after the specialty retailer swung to a surprise quarterly loss and confirmed...
JoAnn stock falls after retailer misses Q4 expectations, saw jump in freight costs
Shares of JoAnn Inc. fell more than 7% in the extended session Thursday after the retailer missed Wall Street's fourth-quarter expectations and said it had...
Walmart to hire 5,000 for global tech hubs
Walmart Inc. announced plans on Tuesday to hire 5,000 associates to work in the retail giant's global tech hubs, including new hubs in Toronto and...
S&P takes Russia’s debt rating further into junk, saying country is ‘highly vulnerable’ to default
S&P Global took Russia's debt rating deeper into junk territory late Thursday, saying it considers the country's bonds "highly vulnerable to nonpayment." S&P rated it...
Truist cuts Disney price target by 20% to $160 as it incorporates Russia exit and DTC to model
Truist Securities lowered its stock price target for Walt Disney Co. a full 20% to $160 from $200 on Wednesday after updating its model to...
Verizon wins $966.5 million in Department of Defense business
Verizon Communications Inc. said Wednesday that the U.S. Department of Defense has awarded its public-sector unit three task-order awards worth $966.5 million. Verizon will be...
Moderna says Japanese government has ordered additional 70 million doses of its COVID booster vaccine
Moderna Inc. said Wednesday the Japanese government has ordered an additional 70 million doses of its COVID-19 booster vaccine or an updated booster vaccine candidate,...