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Investing
Rupert Murdoch officially steps down from his media empire, handing over the reins to his son Lachlan
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media…
Intel board member buys $2.5 million in stock — and has a ‘solid’ track record
An Intel Corp. board member who made a well-timed purchase of shares last fall bought up stock again more recently. Lip-Bu Tan purchased 66,000 Intel shares…
Maryland has the lowest unemployment rate in American history, at just 1.6%
Maryland’s job market has reached a historic milestone.
The mid-Atlantic state registered a record unemployment rate of 1.6% in…
Most large cryptocurrencies rise as Solana jumps
Most large cryptocurrencies were up during morning trading on Wednesday, with Solana
SOLUSD,
+0.98%
seeing the biggest change, surging 10.64%…
US senators demand documents from Meta over its handling of teen mental health
A group of US senators is demanding that Meta CEO Mark Zuckerberg hand over troves of emails and documents that could show how the company…
Alstom shares plunge again amid fears of capital raise to trim debt burden
Alstom shares plunged by a fifth at one point on Wednesday after the train maker said it would sell assets, cut jobs and consider a capital raise after a…
Anheuser-Busch’s US marketing chief is stepping down as Bud Light sales sink
Anheuser-Busch InBev’s US chief marketing officer is stepping down after the company reported a slump in Bud Light sales, as the backlash…
Forecast sinks Palo Alto Networks’ stock despite ‘unprecedented level’ of cybersecurity attacks
Shares of Palo Alto Networks Inc. slid after hours Wednesday after the cybersecurity company trimmed its full-year outlook for billings, despite what it said…
Warren Buffett’s Berkshire Hathaway sold all of its GM stock
Warren Buffett’s Berkshire Hathaway unloaded its entire $850 million worth of General Motors (GM) stock last quarter, according to a…
House lawmakers press Apple CEO on reports Jon Stewart’s show was canceled over China concerns
Did Apple and Jon Stewart part ways over China? Members of Congress would like to know.
The House Select Committee on the Chinese…