Coinbase to cut 950 jobs and book charges of up to $163 million
admin Coinbase Global Inc. stock COIN, +15.06% slid 2.8% in premarket trade Tuesday, after the crypto…
Read Moreindustrial news
Moderna, CureVac and Ocugen offer updates on COVID vaccines, while China cracks down on critics of government’s pandemic response
A flurry of announcements relating to COVID vaccines dominated headlines on the pandemic on Monday,…
Read MoreTesla extends late-Friday rally to trade up 6%
Tesla Inc. stock TSLA, +7.49% rallied anew in early trade Monday, continuing the move that…
Read MoreKevin McCarthy elected House speaker, narrowly prevailing in 15th round of voting
Top House Republican Kevin McCarthy succeeded early Saturday in his push to become his chamber’s…
Read MoreMacy’s stock slides as holiday lulls weigh on sales forecast and execs predict difficulties into 2023
Shares of department-store chain Macy’s Inc. slid 8% in after-hours trading on Friday after the…
Read MoreMercedes recalls nearly 324,000 vehicles due to engine stalling
DETROIT (AP) — Mercedes is recalling nearly 324,000 vehicles in the U.S. because the engines…
Read MoreChina’s latest COVID challenge: Lunar New Year holiday travel surge
China is hoping to avoid an acceleration in the pace of new COVID cases during…
Read MoreSouthwest sees flight cancellations costing up to $825 million
Southwest Airlines Co. warned Friday that it expects to report a surprise net loss for…
Read MoreTesla stock sinks toward 2 1/2-year low after China price cuts, dragging Nio, XPeng and Li down with it
Shares of Tesla Inc. TSLA, -2.90% took a dive in premarket trading Friday, after the…
Read MoreWHO is ‘concerned’ about coronavirus variant XBB.1.5 and its apparent growth advantage
The global tally of COVID cases rose 25% in the period stretching from Dec. 5…
Read More