The U.K. economy contracted in the second quarter of 2022, as the country's cost-of-living crisis hit home. Official figures published Thursday showed that gross domestic product (GDP) shrank by 0.1… [+1535 chars]
Leon Li, founder of crypto exchange Huobi Global, is in talks to sell a majority stake in the company in a transaction that would value the firm at $3 billion or more, Bloomberg reported on Friday. … [+2068 chars]
Johnson & Johnson stopped selling the talc-based power in the US and Canada in 2020, citing flagging sales © REUTERS Johnson & Johnson has said it will discontinue production of its talc-bas… [+1849 chars]
Numerous flights are still being delayed and canceled on Friday, marking more than a week of heightened disruptions, according to flight-tracking website FlightAware. As of 10 a.m. ET on Friday, mo… [+2713 chars]
The marketing boss who got shredded online for posting a selfie of himself crying on LinkedIn after laying off employees is doubling down on the widely mocked move. Braden Wallake, the CEO of Columb… [+3110 chars]
Pharmacists are in such high demand that Walgreens is offering a hefty signing bonus of up to $75,000. The Wall Street Journal reported Thursday that typically Walgreen signing bonuses are around $… [+613 chars]
The back-to-school shopping season has kicked off firmly, cooling some concerns about U.S. consumer stability, according to Bank of America Corp BAC, Bloomberg reports. Spending on school items, inc… [+1463 chars]
Even automakers that might lose access to tax credits could benefit from the law in other ways. The bill contains billions of dollars to help carmakers build factories and establish local supply chai… [+4471 chars]
SHANGHAI/HONG KONG, Aug 12 (Reuters) - Five Chinese state-owned companies, including oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS), said on Friday they would delist from the New … [+5092 chars]
TOKYO, Aug 12 (Reuters) - SoftBank Group Corp's (9984.T) decision to sell down its Alibaba Group Holding (9988.HK), stake for a $34 billion gain may be aimed at bolstering its finances, but it also u… [+4018 chars]
LOS ANGELES, Aug. 12, 2022 /PRNewswire/ -- King's Hawaiian is voluntarily recalling its Pretzel Slider Buns, Pretzel Hamburger Buns and Pretzel Bites products out of an abundance of caution following… [+3897 chars]
Traders on the floor of the NYSE, Aug. 11, 2022. Here are the most important news items that investors need to start their trading day: 1. Markets looking up U.S. stock futures pointed to a rally … [+4881 chars]