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A US jury found Friday that aerospace giant Boeing was not liable for lost revenue in a lawsuit involving its 737 MAX jets, which were grounded for 20 months following two deadly crashes in 2018 and 2019.The 737 MAX jets were grounded from March 2019 until November 2020, when the US Federal Aviation Administration cleared the aircraft to resume service after Boeing upgraded the MCAS. - Victim family lawsuits - The case from the airline, whose full company name is Polskie Linie Lotnicze LOT S.A.,

President Donald Trump told the room he wants Kevin Warsh “totally independent” as he swore him in as Federal Reserve chairman Friday, then spent the next hour arguing the economy can boom without inflation. The price data has other ideas. Annual inflation hit 3.8% in April, the highest since 2023, up from 2.4% before the war with Iran closed the Strait of Hormuz and sent energy prices climbing. Core inflation held at 2.8%, well above the Fed’s 2% target. Crude has stayed nearly 50% above pre-co

(Bloomberg) -- The House Oversight Committee is investigating how customers of Kalshi and Polymarket could be using non-public information to engage in insider trading, escalating concerns about prediction markets after some suspiciously well timed trades. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaUAE Joins Saudis, Qatar in Urging Trump Not to Restart WarIran in Talks With Oman Over Permanent H

Salesforce Inc (NYSE:CRM, XETRA:FOO) heads into its fiscal first quarter earnings report on May 27, with analysts at UBS pointing to a mixed demand environment for enterprise software and limited signs of near-term acceleration in bookings trends. UBS wrote recent channel checks with roughly...

All three major US stock indexes were up in late-morning trading Friday, as Wall Street is set to se

Treasury yields rise as Fed governor Waller turns hawkish and U.S. consumer sentiment falls more than expected. Waller says a prolonged Middle East conflict increases the risk of energy inflation spreading across the economy, hence the Fed should stop signaling a rate cut as its most likely next move.

Meta resolves a major school district case, but roughly 1,200 related lawsuits remain pending.

Lowe's stock is on track to rebound from its recent lows but it will take time for full price recovery. Catalysts include thawing housing markets.

Tesla is recalling 14,575 Model Y SUVs in the U.S.

What's better: paying $2 trillion for SpaceX, with under $20 billion in revenue, or $5 trillion for Google (GOOG), generating $400 billion in revenue and $100 billion in profits.

Shares of Spanish beauty group Puig Brands are tumbling today, following the termination of talks with U.S. cosmetics giant Estee Lauder over a potential merger. Puig's shares were recently down 13% in Europe, on pace for their second-biggest fall since the company started trading in 2024. Estee Lauder's shares, meanwhile, climbed roughly 9% premarket, on track for their best one-day performance in nearly a year.

Layoff notifications have long included wording about tough decisions in challenging times. Now, they're also increasingly nodding at how automation is reshaping workforces and companies' priorities.

The videogame maker said it expects fiscal 2027 net bookings to be between $8 billion to $8.2 billion, below Wall Street estimates of $9.13 billion.

Madrid-listed shares fell more than 14% in European morning trading, while Estee Lauder’s stock was up over 10% in premarket trading.

Prediction market traders currently see the highest odds for a SpaceX debut valuation between $2 trillion and $2.5 trillion.

Investing.com -- Puig shares fell nearly 13% in early trading on Friday after Estee Lauder and the company ended merger discussions that were first disclosed in March.

Andrew Sather of The Investing for Beginners Podcast recently made a point that should reshape how investors think about recession headlines. "When people say there’s a recession, they’re saying it 6 months after it happens. Like, that’s the literal definition of it. You have to wait 6 months," he said on the episode Back to ... Worried About a Recession? Here’s Why Selling When Economists Call It is Already Too Late

Apple asked the U.S. Supreme Court on Thursday to review a lower court ruling that held ‌the iPhone maker in civil contempt over fees it was charging on ‌some outside purchases made by customers of its App Store. The petition to the Supreme Court escalates ​a years-long legal battle with “Fortnite” video game maker Epic Games, which sued Apple in 2020 seeking to loosen its control over transactions in applications that use the company's iOS operating system and its restrictions on how apps are distributed to ‌consumers. A judge mostly dismissed Epic's ⁠lawsuit but issued an injunction in 2021 requiring Apple to let developers include links in their apps directing users to non-Apple ⁠payment methods.

(Bloomberg) -- Intuit Inc. suffered its worst stock decline in more than two decades after announcing plans to cut about 17% of its staff and reporting slower TurboTax sales than anticipated.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De

(Bloomberg) -- Intuit Inc. suffered its worst stock decline in more than two decades after announcing plans to cut about 17% of its staff and reporting slower TurboTax sales than anticipated.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US's Latest Proposal Has 'Narrowed the Gaps'Modi's Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De

(Bloomberg) -- Intuit Inc. suffered its worst stock decline in more than two decades after announcing plans to cut about 17% of its staff and reporting slower TurboTax sales than anticipated.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De

A throwaway line from a CEO rarely moves an entire sector in a single afternoon. Dave Mosley managed it on Monday. Speaking at the JPMorgan Global Technology, Media and Communications Conference, as reported by Benzinga, the Seagate Technology (STX) chief was asked a simple question: would the ...

The Breathitt County School District in Kentucky had sought over $60 million from Meta and other platforms over students' mental health

Robinhood Markets, Inc. (Nasdaq: HOOD) is an e-trading platform founded by Stanford classmates Vladimir Tenev and Baiju Bhatt in April 2013. The exchange has gained immense popularity among traders over the years due to its commission-free offerings of stocks, options, and ...

Surging inflation means Warsh will struggle to deliver the rate cuts Trump wants.

C3.ai (NYSE:AI) is back in the chat rooms again this month, up 7.28% in a week as retail traders bet the enterprise AI software story has finally bottomed at $9.28. But here’s what you should actually be watching. The C3.ai story is broken, not bottoming The fundamentals are unraveling beneath the surface. Q3 FY26 revenue ... Forget C3.ai. While It Burns Cash and Faces Lawsuits This 6.74% Yielding Pipeline Giant Is Quietly Powering AI Data Centers

Ruling marks rare instance of companies’ being found criminally liable for crash of a jetliner; plane maker set to appeal.

All three major US stock indexes were down and oil prices were up after Iran's supreme leader issued

Hims & Hers plunged 23% after a major Q1 earnings miss, but long-term growth stays intact via its Novo Nordisk GLP-1 partnership and a late 2026 expansion.

Walmart shares are down sharply Thursday morning after the company’s guidance for the rest of the year disappointed some investors. Shares were recently down 6.6% to $122.27, making it the worst performer in the Dow Jones Industrial Average.