Financial Performance
- Stock Market
Rumble and SPAC Digital World Acquisition shares rise after Donald Trump indictment, Virgin Orbit’s stock tumbles and other stocks on the move
Here are some of the bigger and more-active U.S. stock movers on Friday: Stock gainers: Shares of right-wing media platform…
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Bed Bath & Beyond stock sinks to record low after sales warning, large equity offering
Shares of Bed Bath & Beyond Inc. BBBY, -26.23% tumbled to a record low Thursday, after the troubled home-goods retailer…
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Airline profits are set to take off, says Deutsche Bank, upgrading three carriers to buy
Airlines will lose money in the first quarter, but profits from there are set to zoom higher, said Deutsche Bank…
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Universal Music Group extends CEO’s contract, slashes salary after 2022 profit drop
Universal Music Group NV said it will extend Lucian Grainge’s contract as chief executive for five years and amend it…
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Right-wing social platforms rally after reports of Trump indictment, quarterly results
Shares of Rumble Inc. and Digital World Acquisition Corp. — both social-media-focused companies seeking to galvanize right-leaning users — raced…
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U.S. Treasury and the Fed fine Wells Fargo $98 mln for inadequate oversight of sanctions compliance
The Federal Reserve and the U.S. Treasury Department on Thursday fined Wells Fargo & Co. a combined $97.8 million for…
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DraftKings CEO Jason Robins’s 2022 compensation included $132K for ‘Super Bowl expenses’ for his family
For DraftKings Inc., 2022 was another banner year — at least it was for the online sports betting and digital…
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Democrats blame retirees’ potential retirement savings loss on ‘Republican debt crisis’
Americans may lose $20,000 in retirement savings, and face issues getting their Social Security checks if the debt ceiling isn’t…
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Ocado reports higher revenue, guidance unchanged
Ocado Group PLC said Tuesday that first-quarter sales of Ocado Retail Group, the joint venture it co-owns with Marks &…
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Lyft brings in new CEO, pushing co-founders from helm after stock’s plunge
Lyft Inc. is bringing in a new chief executive and removing its co-founders from running the ride-hailing company on a…
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