GM, EVgo and Pilot collaborate on building out EV fast-charging network
[ad_1] General Motors Co. GM, -2.81% announced Thursday a collaboration with Pilot Travel Centers LLC to build out a nationwide elective vehicle (EV) fast-charging network of 2,000 charging stalls. The…
JPM Stock Price | JPMorgan Chase & Co. Stock Quote (U.S.: NYSE)
[ad_1] JPMorgan Chase & Co. JPMorgan Chase & Co. is a financial holding company. It provides financial and investment banking services. The firm offers a range of investment banking products…
Amazon proposes concessions as it looks to settle EU antitrust cases: report
[ad_1] Amazon.com Inc. AMZN, +1.08% has proposed on Thursday certain concessions as the e-commerce giant looks to settle antitrust cases against it in the European Union, according to a report…
TWTR Stock Price | Twitter Inc. Stock Quote (U.S.: NYSE)
[ad_1] Twitter Inc. Twitter, Inc. is a global platform for public self-expression and conversation in real time. It provides a network that connects users to people, information, ideas, opinions and…
Coronavirus tally: FDA approves Novavax vaccine at time when uptake of shots and boosters is low
[ad_1] U.S. health regulators authorized the use of Novavax Inc.’s NVAX, +0.27% COVID-19 vaccine, providing a new option that works differently than the two leading vaccines, but at a time…
AMD Stock Price | Advanced Micro Devices Inc. Stock Quote (U.S.: Nasdaq)
[ad_1] Advanced Micro Devices Inc. Advanced Micro Devices, Inc. engages in the provision of semiconductor businesses. It operates through the following segments: Computing & Graphics, and Enterprise, Embedded and Semi-Custom.…
Crocs wins years-long infringement case
[ad_1] Crocs Inc. CROX, +1.42% announced its legal win against USA Dawgs and Double Diamond Distribution for infringing on the Crocs’ patent by imitating its clog shoe design. Crocs will…
NSIT Stock Price | Insight Enterprises Inc. Stock Quote (U.S.: Nasdaq)
[ad_1] Insight Enterprises Inc. Insight Enterprises, Inc. is a global provider of information technology, services, and cloud solutions to worldwide enterprises, governments, schools, and healthcare organizations. It helps businesses define,…
Coinbase stock rallies as D.A. Davidson believes ‘crypto winter’ could work to its advantage
[ad_1] Shares of Coinbase Global Inc. COIN, -2.10% rallied climbed 1.0% in premarket trading Wednesday, after D.A. Davidson Christopher Brendler said that while the cryptocurrency market has “gone from bad…
Consumer discretionary stocks sink after surprisingly strong inflation data
[ad_1] The consumer discretionary sector was trading broadly lower Wednesday, after data showing inflation surprised to the upside in June and wages fell as a result. The SPDR Consumer Discretionary…
U.S. stocks open sharply lower after June CPI data showed inflation was higher than expected
[ad_1] U.S. stocks opened sharply lower after the consumer-price index showed inflation rose in June more than expected, with the annual rate climbing to a nearly 41-year high of 9.1%.…
Quest Diagnostics launches monkeypox test
[ad_1] An earlier version of this report incorrectly cited the timing of the launch of Quest’s monkeypox test. The test is available now. Quest Diagnostics Inc. DGX, -0.75% said Wednesday…
Redfin, Zillow stocks drop after inflation data fuels jump in Treasury yields
[ad_1] Shares of real estate services companies were knocked lower Wednesday after surprisingly strong inflation data sent Treasury yields climbing. A big jump in longer-term Treasury yields this year has…
Biden says inflation reading ‘unacceptably high,’ but ‘also out-of-date’
[ad_1] President Joe Biden on Wednesday said in a statement that while a “headline inflation reading is unacceptably high, it is also out-of-date,” as he reacted to a report showing…
Bank of Canada lifts key interest rate by a full percentage point
[ad_1] The Bank of Canada on Wednesday lifted its benchmark interest rate by 100 basis points, or a full percentage point, citing inflation that remains “higher and more persistent” than…
JustWorks withdraws plan for IPO, six months after setting terms to be valued at up to $2 billion
[ad_1] JustWorks Inc. filed Wednesday to withdraw its plans for an initial public offering, about seven months after the profitable human resources software company filed to go public and six…
Apollo-backed supermarket Fresh Market Holdings withdraws initial public offering
[ad_1] The Fresh Market Holdings Inc. said in a filing published Wednesday it’s withdrawing its initial public offering. The Greensboro, N.C.-based supermarket chain did not provide a reason for the…
`Peak inflation will have to wait’: traders see three more 8%-plus U.S. CPI readings despite falling gas prices
[ad_1] “Staggering.” “Ugly.” “Brutal.” And …. “out-of-date.” Those are some of the words that investors, analysts, and even President Joe Biden, used to sum up the U.S. June consumer price…
Fed funds futures now put likelihood of full-percentage-point interest-rate hike on July 27 at 67%
[ad_1] Traders of federal funds futures rapidly readjusted their expectations for the size of the Federal Reserve’s anticipated next rate hike on July 27, by boosting the likelihood of a…
Fed-funds futures now show 67% chance of a 100-basis-point interest-rate hike in July
[ad_1] Traders of federal funds futures rapidly readjusted their expectations for the size of the Federal Reserve’s anticipated next rate hike on July 27, by boosting the likelihood of a…
Horace Mann stock falls on reduced forecast
[ad_1] Horace Mann Educators Corp. HMN, -0.11% shares dropped Wednesday after the insurer lowered its forecast because of catastrophe losses that were above its 10-year average. Horace Mann shares fell…
U.S. stocks tumble for 4th day in a row on hotter-than-expected inflation report
[ad_1] U.S. stocks closed lower on Wednesday for the fourth day in a row after the latest consumer price index showed that headline inflation climbed to its highest level in…
Natural-gas futures more than 8% higher; oil settles with a modest gain
[ad_1] Natural-gas futures climbed by more than 8% on Wednesday, supported by a forecast for warmer weather, which is expected to boost demand for the commodity, while oil posted a…
Gold ends higher as dollar pulls back
[ad_1] Gold futures finished higher Wednesday, reversing an earlier loss as the U.S. dollar pulled back from gains seen after a hotter-than-expected reading for the June consumer price index. August…
EIA reports weekly increases in U.S. supplies of crude, gasoline and distillates
[ad_1] The Energy Information Administration on Wednesday reported that U.S. crude inventories rose by 3.3 million barrels for the week ended July 8. On average, analysts expected an increase of…