Shares of GE falling at the start of the trading day after the company said it would take a $6.2 billion charge in its finance arm.
Plus shares of BlackBerry rose after the Canadian tech giant unveiled its "Jarvis" software for connected cars. The cybersecurity system will prevent autos from being hacked.
And Google is planning to lay underwater cables in an effort to expand its cloud business to new regions. The stock was rising in early trade.
Global prices for food commodities like grain and vegetable oil fell last year from record highs in 2022, when Russia’s war in Ukraine, drought and other factors helped worsen hunger worldwide, the U.N. Food and Agriculture Organization said Friday.
Wall Street is drifting higher after reports showed the job market remains solid, but key parts of the economy still don’t look like they’re overheating.
The Biden administration is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a pandemic payment freeze.
The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American job market remains resilient even in the face of sharply higher interest rates.
A U.S. labor agency has accused SpaceX of unlawfully firing employees who penned an open letter critical of CEO Elon Musk and creating an impression that worker activities were under surveillance by the rocket ship company.
