U.S. stocks gained on Wednesday as investors monitored a series of closely watched earnings reports and further digested a hot print on inflation in the U.S. The S&P 500 jumped by more than 1%, … [+11938 chars]
Nearly every clinical trial, regardless of indication or phase, should be agile—incorporating technology and decentralized approaches—to make drug and therapy development faster, easier and more repr… [+553 chars]
Bed Bath and Beyond on Wednesday reported a surprising holiday-quarter loss, as the company ran low on inventory and struggled to move merchandise out of congested ports and onto shelves. Shares fel… [+4514 chars]
The strong freight demand that has delivered bumper earnings for trucking companies during the pandemic appears to be waning, as inflation and sagging consumer sentiment slow an inventory restocking … [+4923 chars]
Microsoft has escaped the recent backlash against the power and wealth of the biggest US tech companies. Despite a stock market value that has soared to more than $2tn on its dominance of various p… [+6857 chars]
Hyundai will manufacture EVs in the US starting in December this year with the electrified Genesis GV70 crossover model, the company announced at the NY Automotive Forum in a video seen by Automotive… [+1782 chars]
The nation's mortgage bankers are scaling back their expectations for the year as rapidly rising rates make it even more expensive to buy a home. The Mortgage Bankers Association now calls for overa… [+2390 chars]
Activist Blackwells Capital is reiterating its push for Peloton to consider a sale, arguing that the connected fitness company has made little to no progress under new Chief Executive Barry McCarthy,… [+3244 chars]
Rent the Runway sees the more than 2 million weddings planned for this year, and all the parties that come with them, as being a massive boon to its business. Plus, according to co-founder and Chief… [+3925 chars]
Though the Postal Service has cited episodes involving three separate letter carriers in Santa Monica, the police said that they had received information about only one attack. A suspect was arreste… [+1572 chars]
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Winner winner chicken dinner. Andrew Krok/Roadshow The New York Auto Show kicked off Wednesday with the announcement of the 2022 World Car Awards, and across several categories, the Hyundai Ioniq 5… [+901 chars]