GE Cuts Dividend

October, 31, 2018|

More Trouble for GE

General Electric Co.’s troubles came into sharper relief on Tuesday—and the need to salvage the conglomerate took on new urgency—after it revealed federal prosecutors had opened a criminal accounting probe and GE slashed its dividend to a token amount...

China Standoff

October, 30, 2018|

U.S. to Restrict Chip Business with China

The U.S. has raised the stakes in a battle with Beijing over intellectual property by restricting American firms from doing business with a state-owned Chinese chip maker that Micron Technology Inc. has accused of stealing its secrets...

Megyn Kelly Gone

October, 26, 2018|

Megan Kelly Out at NBC

Megan Kelly and NBC News have begun exit negotiations, signaling that the star anchor’s brief tenure at the network is likely coming to an end...

Surprise! Tesla Has Profits

October, 25, 2018|

Tesla Posts Surprising Profit

Tesla Inc. reported a record quarterly profit as increased output of its Model 3 sedan ended a seven-quarter stretch of red ink for the electric-car maker, defying Wall Street expectations and giving embattled Chief Executive Elon Musk renewed credibility...

Fake News

October, 22, 2018|

Facebook on Fake News

At Facebook Inc. headquarters in Silicon Valley this week, engineers and researchers huddled around computers in a newly configured “war room” to fight misinformation ahead of the midterms...

Constellation Brands Change at the Top

October, 18, 2018|

Constellation Brand CEO Steps Down

Rob Sands, the CEO of Corona maker Constellation Brands, is stepping down. He will hand over the reins to the company's president and chief operating officer, Bill Newlands, in March...

Cancer Takes Microsoft’s Paul Allen

October, 16, 2018|

Microsoft Co-founder Paul Allen Dies at 65

Paul Allen, the billionaire co-founder of Microsoft Corp. who went on to invest his fortune in ventures from the Seattle Seahawks to brain research to the arts, died Monday, two weeks after revealing the return of a cancer...

Is the Rally Over?

October, 12, 2018|

The Beginning of the End?

A gloomy October on Wall Street turned darker Thursday, as heavy selling overseas and failed intraday rallies in the U.S. sent major stock indexes to another stinging retreat. The Dow Jones Industrial Average tumbled 546 points, leaving the blue-chip index down 5.2% after two days of volatile trading that has been marked by sharp declines in the last hours of the day...