FitBit shares plunge after earnings and Comcast makes a bid for UK broadcaster Sky. Plus Macy's shares are popping after trouncing earnings estimates. And we check in from the Mobile World Congress in Barcelona to see what Lenovo's got in store.
Share:
More In Business
Kids Could Fill Labor Shortages, Even in Bars, If These Lawmakers Succeed
Lawmakers in several states are embracing legislation to let children work in more hazardous occupations, longer hours on school nights and in expanded roles including serving alcohol in bars and restaurants as young as 14.
Target on the Defensive After Removing LGBTQ+-Themed Products
Target once distinguished itself as being boldly supportive of the LGBTQ+ community. Now that status is tarnished after it removed some LGBTQ+-themed products and relocated Pride Month displays to the back of stores in certain Southern locations in response to online complaints and in-store confrontations that it says threatened employees’ well-being.
Threat of US Credit Downgrade Looms Over Debt Ceiling Talks
With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation's debt limit.
Average Long-Term US Mortgage Rate Rises to 6.57% This Week, Highest Level Since Mid March
The average long-term U.S. mortgage rate rose this week to its highest level since mid March, driving up borrowing costs for prospective homebuyers facing a housing market that’s constrained by a dearth of homes for sale.
Stretching Your Dollar: How Exploring NYC Became a Full-time Job
On this edition of Stretching Your Dollar, Corey William Schneider talks about how he made exploring the city a full-time job by founding the New York Adventure Club.
Afternoon Alexa Flash Briefings of May 25th
Afternoon Alexa Flash Briefings
Meta Slashes Jobs Across Business and Operation Units in Third Round of Layoffs
Facebook owner Meta on Wednesday cut positions across its business and operations teams in the final round of layoffs that were first announced in March.
FTC Launches Investigation Into Baby Formula Shortage
The Federal Trade Commission (FTC) has launched an investigation into the ongoing shortages of baby formula.
US Economic Growth for Last Quarter Is Revised Up to a Still-Tepid 1.3% Annual Rate
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday, a slight upgrade from its initial estimate.
