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Costco taps 40-year veteran Ron Vachris as new CEO
Membership-warehouse retail chain Costco Wholesale Corp. on Wednesday said Craig Jelinek will step down as chief executive on Jan. 1, with a 40-year veteran…
Tesla third-quarter earnings slow, missing forecasts
Tesla reported a drop in third-quarter earnings as the electric vehicle maker fell short of Wall Street expectations.
Tesla…
Equifax’s stock drops as outlook is cut
Equifax Inc. shares fell in the extended session Wednesday after the credit-score agency cut its outlook for the year, blaming a weak mortgage market that is…
UPenn crisis deepens: Former trustee calls for president to resign as donors bail
Former University of Pennsylvania trustee Vahan Gureghian is calling for Liz Magill, the Ivy League school’s president, to step down and…
Large cryptocurrencies mixed as Uniswap climbs
Large cryptocurrencies were mixed during morning trading on Wednesday, with Uniswap
UNIUSD,
+0.59%
seeing the biggest move, climbing 2.42% to…
Netflix hikes prices again
Netflix has raised its prices again.
The streaming giant said in its third-quarter earnings report that its premium ad-free plan…
Albemarle’s stock drops to lowest in two years after rating downgrade
Shares of lithium miner Albemarle Corp. on Wednesday traded at their lowest in more than two years, after being hit by a rating downgrade from analysts at…
Delta loyalty program backlash: Airline backtracks on some changes after an uproar from customers
Delta Air Lines is easing off some recent changes to its SkyMiles loyalty program that sparked criticism from frequent flyers.…
Elon Musk says Cybertruck sales will start Nov. 30
Tesla Inc. Chief Executive Elon Musk tweeted Wednesday that the EV maker has penciled in Nov. 30 as the date it will start selling the first Cybertrucks.…
Costco’s CEO steps down
Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday.
Ron Vachris,…