Tag: Corporate/Industrial News

What will Apple say about the next iPhone at earnings time? Maybe more than usual

The pandemic may add a wrinkle to the guessing game that normally accompanies Apple Inc.’s June-quarter conference call. Typically the most important tidbit coming out...

Uber showed drivers lower fares than passengers, blames California law it supported

Uber Technologies Inc. acknowledged Friday it had been showing drivers lower fares than what riders actually paid and promised to change the practice, which it...

Question not whether AMD can take market share from Intel, but just how much

Advanced Micro Devices Inc. has become more of a threat to larger rival Intel Corp. as it has ever been, and the question now is...

You know who doesn’t hate Facebook? Wall Street

Excuse us if you’ve heard this song before: Facebook Inc. — under siege from the president and his predecessor, the Federal Trade Commission, a bestselling...

FICO scores leave out ‘people on the margins,’ Upstart’s CEO says. Can AI make lending more inclusive — without creating bias of its own?

The Value Gap is a MarketWatch Q&A series with business leaders, academics, policymakers and activists on reducing racial and social inequalities. When a congressional task force...

Opinion: Intel appears to be feeling the competitive heat from AMD

Intel Corp.’s data-center sales keep declining as Advanced Micro Devices Corp.’s sales keep growing, and it seems Intel is finally doing something about it. While...

How to watch the Tokyo Olympics for (mostly) free

It’s been delayed a year, will have almost no fans in attendance and there’s a 13-hour time difference with the U.S. East Coast, but the...

Intel stock ticks lower as outlook barely clears Wall Street expectations following beat

Intel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed the average forecast from Wall...

Chipotle’s lunchtime business is picking up, a sign that workers are heading back to the office

Lunchtime at Chipotle Mexican Grill Inc. is picking up, according to Chief Financial Officer Jack Hartung, a sign that workers are heading back to their...

U.S. Reaches Deal With Germany Over Russian Nord Stream 2 Pipeline

The State Department detailed an agreement Wednesday between the U.S. and Germany allowing the completion of a controversial Russian natural-gas pipeline, giving Germany and Russia...

Uber and Lyft drivers strike, seek passage of PRO Act

Ride-hailing drivers across the country executed a strike Wednesday, calling on the U.S. Senate to pass the PRO Act, a bill that would allow them...

Haiti Inaugurates New Leader Two Weeks After President’s Assassination

PORT-AU-PRINCE, Haiti— Ariel Henry, a prominent neurosurgeon backed by the U.S., became Haiti’s new prime minister Tuesday, as it began official ceremonies to mourn assassinated...

Netflix lays out mobile games plan that could set a collision course with Apple

Netflix Inc.’s its expansion into videogames offers a tantalizing upside for the streaming pioneer, but also sets up a potential confrontation with Apple Inc. “We...

U.S.-German Deal on Russia’s Nord Stream 2 Pipeline Expected Soon

The U.S. and Germany have reached an agreement allowing the completion of a controversial Russian natural-gas pipeline, according to officials from Berlin and Washington, who...

Opinion: Should seniors get reverse mortgages?

I keep seeing Tom Selleck and Henry Winkler on TV hawking reverse mortgages. I’m pretty sure “Magnum P.I.” and “Fonzie,” now 76 and 75, respectively,...

Can Harley-Davidson revive a rally in its stock with an expected swing to a profit and doubling of revenue?

Harley-Davidson Inc. is scheduled to report second-quarter results before Wednesday’s open, with Wall Street expecting the iconic motorcycle maker to swing to a profit on...

IBM stock gains after earnings show second consecutive quarter of sales growth

International Business Machines Corp. reported revenue growth for a second consecutive quarter Monday afternoon, beating expectations and sending shares higher in extended trading. IBM  IBM,...

Biden Administration Blames Hackers Tied to China for Microsoft Cyberattack Spree

WASHINGTON—The Biden administration Monday publicly blamed hackers affiliated with China’s main intelligence service for a far-reaching cyberattack on Microsoft Corp. email software this year, part...

This lucrative tax credit pays business owners who hire eligible veterans, teens and other workers

It’s not easy to hire workers these days. But if your business hires a member of a certain group, you can claim the potentially lucrative...

Facebook refutes White House criticism over vaccine misinformation, decries ‘finger pointing’

After coming under fire from President Joe Biden and the U.S. surgeon general, who both said last week that misinformation on social media is killing...

Pfizer is making the case for COVID-19 booster shots, but Fauci says we don’t need a third dose yet

A very public regulatory debate about COVID-19 booster shots has seemingly put Pfizer at odds with federal health officials who say it’s not necessary to...

What does a mature streaming service look like? Netflix is about to show us

Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like...

Why online-travel giant Booking is getting into the fintech game

Add Booking Holdings Inc. to the list of e-commerce companies betting that a tighter control over the payments process will create a better experience for...

A benchmark-beating robot thinks AMC will outperform Facebook and GameStop. It likes these other stocks, too.

An exchange-traded fund run by artificial intelligence bought AMC stock at the beginning of July, preferring shares in the cinema chain and retail investor favorite...

How to get good help with claiming Social Security—when and how you claim can be the difference between a decent retirement and a terrible one

Choosing what age to start collecting Social Security retirement benefits and which type of benefit to claim shouldn’t be difficult. But boy, is it! “There...