Company News

Follow the companies making headlines and moving markets here.
A man sits on the steps of the IBM Studios, a multipurpose pavilion designed by Italian architect Michele De Lucchi and located in Porta Nuova district, on May 27, 2023 in Milan, Italy.
IBM Agrees to Sell Weather Company Assets to Francisco Partners
Bank of America
Bank of America Offering Credit Card Rewards for Electric Vehicle Owners
A businessman looking at a touchpad with a serious expression
S&P Downgrade of Banks' Credit Could Make Borrowing Even Tougher
MACOM Buys Wolfspeed's Radio Frequency Business for $125 Million
Lowe's store
Lowe's Beats Earnings Estimates as Sales Fall Less Than Expected on Online Growth
Activision Blizzard Overwatch website
Microsoft Restructures Activision Acquisition to Secure Approval From UK Regulator
Permian Resources to Acquire Earthstone Energy in $4.5 Billion All-Stock Deal
Moderna COVID-19 Vaccine
Shares of Moderna and Other COVID-19 Vaccine Makers Surge Amid Booster Push as Cases Rise
The Palo Alto Networks
Palo Alto Networks Shares Surge After Earnings Beat on Cybersecurity Demand
A logo of DuPont is pictured outside the DuPont Industrial Biosciences' facility on June 9, 2020 in Leiden, Netherlands.
DuPont Agrees to Sell $1.8 Billion Resins Unit to Jordan Co. It Refocuses
Broadcom company logo
Broadcom's $69 Billion Acquisition of VMware Approved by UK Regulators
Business people shaking hands to congratulate success.
Marsh to Acquire Australian Company in $448 Million Deal
Threads app logo
Meta's Threads Could Launch a Web Version as Soon as This Week
Applied Materials logi
Applied Materials Beats Sales Estimates and Raises Its Guidance on AI, China Demand
Yellow Corp. truck near terminal in Miami, Florida
Bankrupt Yellow Accepts $1.3B Bid for Shipment Centers from Rival Estes Express
Evergrande Group logo on company headquarters building in Shenzhen, China.
China's Real Estate Giant Evergrande Files for US Chapter 15 Bankruptcy Protection
Worker on engine production line in a car factory
Auto Worker Strike Could Cost $5.6B and Hit Consumers Fast
CVS Shares Slump as Blue Shield of California Turns to Amazon to Cut Costs
Customers lined up in an Apple store in Shanghai in July 2023
Lowest Smartphone Sales in a Decade Could Give Apple Top Unit Sales for First Time
BAE Systems Plc logos on the opening day of the Defence and Security Equipment International (DSEI) 2021 exhibition in London, U.K., on Tuesday, Sept. 14, 2021.
Ball Shares Surge as BAE System Buys Its Aerospace Operations for $5.6 Billion
5 Things to Know Before Markets Open
pipeline construction
Energy Transfer Buys Crestwood Equity Partners in a $7.1 Billion All-Equity Deal
Southwest Airlines Boeing 737-700 aircraft flying
Southwest Airlines Reaches Tentative Agreement With Transport Workers Union
Intel Terminates $5.4 Billion Deal To Buy Tower Semiconductor
Target store
Target Posts First Quarterly Sales Decline in Six Years, Lowers Outlook
Vicki Hollub, president and chief executive officer of Occidental Petroleum Corp. (OXY), speaks during a groundbreaking ceremony at the Occidental Petroleum and 1PointFive Direct Air Capture (DAC) plant in Ector County, Texas, US, on Friday, April 28, 2023.
Occidental Petroleum to Acquire Carbon Capture Technology Supplier for $1.1 Billion
Vinfast VF7
Vietnamese EV Maker VinFast Debuts on the Nasdaq, and Shares Soar
The United States Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, US, on Monday, Aug. 14, 2023.
Esmark Offers $7.8 Billion for US Steel After $7.25 Billion Bid by Cleveland-Cliffs
Tesla Model X electric vehicle
Tesla Launches Lower-Cost Model X and S in US
Warren Buffett
Warren Buffett Dumps $3 Billion in Activision, Buys Into Home Construction Firms
UBS Logo
UBS To Pay $1.4 Billion in Subprime Loan Settlement
Eli Lilly
Eli Lilly Shares Reach Record High After Completing Two Acquisitions
Maui, Hawaii on August 12, 2023
Hawaiian Electric Shares Crater on Concerns About Potential Maui Fires Liability
Ford Logo reflecting cars in a parking spot
Ford Poaches Former Apple Services Boss to Drive Customer Experience
AMC Theatres logo
AMC Gets Go-Ahead for APE Stock Conversion, Shares Plunge
Nikola truck
Nikola Shares Tumble After Recall of Electric Semi-Trucks
United States Steel Corporation plant
US Steel Shares Surge After Rejecting $7.25 Billion Bid From Cleveland-Cliffs
PayPal Taps Intuit's Alex Chriss as New CEO
Tesla Shares Slip After Cutting Prices in China, Raising EV Price War Worries
Amazon Basics
Amazon To Cut Back On Private Labels, While Walmart And Other Retailers Thrive
Occidental Petroleum Corp
Occidental Petroleum Shares Climb After Winning DOE Grant for Carbon Capture Project
Versace storefront
5 Lesser Known Parent Companies Of Big Luxury Brands
UBS Credit Suisse
UBS Terminates $10B Government Aid For Credit Suisse Deal
Nurse with a clipboard
Cano Health Warns It May Not Be Able to Stay in Business, Looks for Buyer
Waymo autonomous taxi in San Francisco
Alphabet's Waymo and GM's Cruise Win Approval to Expand Robotaxi Services in San Francisco
Midnight Archer aircraft displayed during the International Paris Air Show
Flying Taxi Maker Archer Settles Boeing Lawsuit, Secures $215M in Funding
General view of a Disney streaming services billboard.
Why Are Streaming Companies Raising Prices?
General Motors Electric Vehicle Factories
GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again
Disney+ app
Disney+ Raises Subscription Prices After Losing Millions of Subscribers
Coach bag
Coach Owner Tapestry Buys Versace Owner Capri Holdings for $8.5 Billion
Amyris yeast fermentation room
Biotech Company Amyris Files for Bankruptcy
 11-year-old Ansel, the photographer’s son, plays Fortnite for a special in-game showing of "We The People" at Fortnite’s Party Royale on July 04, 2020 in South Pasadena, California.
Supreme Court Says Apple Can Keep Its Store Payment Rules, For Now
Red Rivian EV truck being recharged in front of a Rivian dealership
Rivian Reduces Per-Unit Losses on the Road to Profitability
Decibel Therapeutics
Decibel Therapeutics Shares Soar on Acquisition by Regeneron Pharmaceuticals
Amazon Web Services (AWS) event
Why Would Amazon Be An Anchor Investor In Arm's IPO? The Answer’s In The Cloud.
ESPN logo
Penn Entertainment Shares Jump After $2 Billion Sportsbook Deal With Disney's ESPN
wework logo on glass door with people in the background
WeWork Doubts Its Own Survival, Shares Crater
Blue Point Brewing Company's hard sparkling tea
Cannabis Maker Tilray's Shares Rise After Buying 8 Anheuser-Busch InBev Brands
Amazon Logo
Amazon Adds Second Prime Day-Style Event in October
A Dish Network authorized dealer in San Pablo, California, US, on Monday, July 31, 2023.
Billionaire Charlie Ergen to Merge Dish and EchoStar