The Dallas Federal Reserve has named a new president to succeed its former one, who resigned last year amid a controversy over stock trading. Lorie K. Logan will serve as head of the central bank branch, according to an announcement Wednesday. Central bank watchers know Logan's name
In this article PTON A Peloton stationary bike for sale at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton's goodwill took a $182 million hit in its previous fiscal quarter as inventory levels ballooned and consumer demand
In this article DNUT REAL RBLX COIN An attendee tries out a Electronic Arts video game during the annual Studio Showcase media event at the company's headquarters in Redwood City, California. Tony Avelar | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Unity Software -- The stock plunged
Text size Amazon stock is down 35% this year. Sebastien Bozon/AFP via Getty Images Not even
Reuters Explainer-Can Elon Musk renegotiate a lower price for his Twitter deal? Twitter Inc shares have plunged to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion on April 25, raising questions over whether the world's richest person
UBS' Art Cashin discusses the market's recent slide and when it might rebound.
In this article RBLX A child looks back at a banner for Roblox, displayed to celebrate the company's IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters Shares of Roblox surged 12% Wednesday morning, marking a
In this article GBTC Michael Sonnenshein, CEO, Grayscale Investments at the NYSE, April 18, 2022. Source: NYSE Grayscale, the asset manager running the world's largest bitcoin fund, met privately with the Securities and Exchange Commission last week in an effort to persuade the regulator to approve the conversion of
In this article LUV OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines said it will spend more than $2 billion on improved passenger amenities like bigger overhead bins, faster internet and power outlets "in every seat," in an effort to woo summer travelers as bookings rebound. The airline
