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Investing
Boeing’s stock tumbles after report warns investigation will open ‘a whole new can of worms’
As if Boeing needed any more bad news, a scathing report from Wall Street on Tuesday cast doubt on Boeing’s ability to pass a new federal…
Spirit Airlines shares plunge after judge blocks JetBlue merger
Spirit Airlines shares tanked 52% on Tuesday after a federal judge in Boston ruled against JetBlue’s proposed $3.8 billion acquisition of the…
Here’s why electric cars don’t go as far in the cold
With temperatures bottoming out across the country, electric vehicle drivers are probably noticing their driving range plummeting. Here’s why…
Goldman Sachs stock up after Q4 profit rises by 58% and beats analyst estimate
Goldman Sachs Group Inc.’s said Tuesday its fourth-quarter profit rose by 58% and beat analysts’ reduced expectations as it capped off a difficult year of…
Washington state wants to block the Kroger-Albertsons merger
Washington state is suing to block the proposed $25 billion merger between supermarket chains Kroger and Albertsons, warning that if approved…
Apple’s decision to discount iPhones in China makes a statement
Apple Inc.’s management typically doesn’t offer commentary on its business outside of the four earnings calls it hosts each year. And even on those calls,…
Costco is testing out a new system for entering stores
Bad news if you’re mooching off of someone else’s Costco membership: The retail giant is cracking down.
When you enter Costco,…
Morgan Stanley posts big revenue beat with boost from fixed-income underwriting but its stock falls
Morgan Stanley’s fourth-quarter revenue beat forecasts by a wide margin with a boost from its fixed-income underwriting, as the bank’s new Chief Executive…