3M reaches a $10.3 billion settlement over so-called forever chemicals, and Virgin Galactic is seeking to raise $400 million in a stock offering.
2 min3M reaches a $10.3 billion settlement over so-called forever chemicals, and Virgin Galactic is seeking to raise $400 million in a stock offering.
2 minThe company’s app and website facilitate transactions between Americans and more than 80,000 suppliers, most of them Chinese.
3 minTesla turned higher even after analysts downgrade shares of the electric-vehicle maker after a strong run, Boeing slumped as workers at supplier Spirit AeroSystems vote to strike, and a report said Amazon's purchase of iRobot faces a full-scale EU investigation.
2 minThe company is conducting a separate auction process for Buybuy Baby, its strongest asset.
2 minFTC says Amazon ‘tricked’ people into joining Prime, Lab-grown ‘cultivated chicken’ products head to restaurants, home sale inventory dwindles as higher rates discourage sellers, and other news to start your day.
Long readAdvance Auto Parts, AutoZone, and AutoNation just saw large purchases of their shares by directors and executives.
3 minPeloton stock was initiated at Underperform at Wolfe Research, Tesla CEO Elon Musk said the electric-vehicle maker will be expanding into India 'as soon as humanly possible,' and sales slumped at Winnebago.
3 minThe retailers' summer deals events will overlap, giving consumers options as they hunt for the best bargains.
2 minWinnebago reports fiscal third-quarter revenue of $900.8 million, down from $1.46 billion a year earlier.
1 minAnalysts at Jefferies raise their price target on shares of Amazon to $150 from $135.
1 minAlibaba said Daniel Zhang will be stepping down as chairman and chief executive, Dice Therapeutics announced it is being acquired by Eli Lilly for $2.4 billion, and Avis shares were upgraded.
2 minScott Barbee, head of the peer-beating Aegis Value fund, explains why he’s a fan of small, overlooked companies such as Centerra Gold and Delta Apparel.
Long readThe company said the entrepreneur, a co-founder of the Chinese e-commerce company and the current executive vice chairman, will take over as chairman.
3 minXerox, First Financial Bancorp, Leslie's, Barnes Group, and Merchants Bancorp pop up on screens for smaller companies expected to grow earnings.
3 minChina moves to jolt post-Covid growth, what the Paris Air Show says about the aviation recovery, and other news to start your day.
Long readThe German sportswear giant, after a rough 2022, has finally begun to put a clutch of unforced errors behind it. Perhaps the most important: selling off the inventory left behind after the break with Kanye West.
3 minSarissa Capital is pushing for change at biopharmaceutical firm Alkermes. Fairmount Funds lifted its investment in Cogent Biosciences.
2 minChina-founded Shein is growing into a global titan. Analysts say many Western competitors ignore the app at their peril.
Long readAutoNation CEO Michael Manley just bought a large block of shares of the car dealer.
2 minSoFi slides after receiving two analysts' downgrades, iRobot soars as U.K. regulators clear its acquisition by Amazon, and Cava tumbles after nearly doubling in value in its trading debut Thursday.
2 min