Former WeWork CEO Adam Neumann is back in the public eye. Who said there are no second acts in American lives? It was F. Scott Fitzgerald if you really want to know, but the author Read more…
The Fed’s suggestion of an autumn pause in rate hikes has stocks on the move Thursday, but growth concerns are keeping bond yields low while adding a degree of caution to the early market rally. Read more…
“Combining our assets and talented team with Broadcom’s existing enterprise software portfolio creates a remarkable enterprise software player,” said VMware CEO Raghu Raghuram. Broadcom (AVGO) – Get Broadcom Inc. Report has agreed buy VMWare (VMW) – Read more…
The yuan has been losing 1.6% in the past two days amid fears of an economic slowdown. This is a solid move compared to how unexpected the bad news was. In our opinion, the appreciation Read more…
Illustration by Alex Castro / The Verge Apple is increasing the amount it pays its retail and corporate employees as it contends with a tight labor market, unionization pushes, and high inflation levels, CNBC and Read more…
“While macroeconomic pressures on consumer spending increased during the quarter, our customers continued to shop,” said CEO Jeff Gennette. Macy’s (M) – Get Macy’s Inc Report posted better-than-expected first quarter earnings Thursday, while boosting its full-year Read more…
“As we look into the second half of the year, it’s hard to predict exactly when COVID and the war in Russia is going to be behind us,” said CEO Jensen Huang. Nvidia (NVDA) – Read more…
Illustration by Alex Castro / The Verge The UK’s Competition and Markets Authority (CMA) has launched a new investigation into Google’s advertising business over fears the company is unfairly freezing out competitors. It’s the second Read more…
Elon Musk has closed out his margin loans, linked to Tesla shares, and pledged another $6.25 billion in equity to fund his $44 billion takeover of the social media website. Twitter (TWTR) – Get Twitter, Read more…
Stock futures higher on Fed minutes follow-through; Nivida slumps as muted gaming outlook clouds solid Q1 earnings; Twitter leaps as Elon Musk adds more equity to takeover bid; Apple slides on report of flat iPhone Read more…