business

Corporate bankruptcies and defaults are surging – here’s why

The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in corporate default rates…

Stocks making the biggest moves midday: Starbucks, CarMax, Virgin Galactic and more

Check out the companies making headlines in midday trading. Starbucks — Starbucks shares lost nearly 2.5% after a union representing…

Companies without direct A.I. link try to ride the Wall Street craze

The artificial intelligence craze has consumed Wall Street in 2023. The madness found its roots in November of last year,…

Biden to sign executive order expanding access to birth control

President Joe Biden on Friday will sign a wide-ranging executive order aimed at protecting and increasing access to contraception, his…

Goldman Sachs faces big writedown on CEO David Solomon’s ill-fated GreenSky deal

Goldman Sachs is likely to take a large write-down for its 2021 acquisition of fintech lender GreenSky after seeking to…

Stocks making the biggest moves before the bell: Starbucks, CarMax, Virgin Galactic and more

Check out the companies making headlines in premarket trading. Starbucks — The coffee shop chain slid 1.1% after a union…

Judge sanctions lawyers for brief written by A.I. with fake citations

A New York federal judge on Thursday sanctioned lawyers who submitted a legal brief written by the artificial intelligence tool…

Watch live: President Biden and India Prime Minister Modi speak at the White House

(The stream is slated to start at 12:45 p.m. ET. Please refresh the page if you do not see a…

SEC fines JPMorgan subsidiary for deleting 47 million emails, some related to subpoenas

The Securities and Exchange Commission fined the broker-dealer subsidiary of JPMorgan Chase $4 million for accidentally deleting about 47 million…

Stocks making the biggest moves midday: Overstock, Tesla, Accenture and more

Check out the companies making headlines in midday trading. Overstock.com — Shares jumped 17.3% on news the e-commerce company won the…