A wild rally in shares of Rocket Companies that saw the stock rise 70per cent in an apparent short squeeze has attracted fresh bets that the stock price will decline.
Exxon Mobil Corp on Wednesday unveiled plans to grow dividends and curb spending with projections that were muted from previous years after the top U.S. oil and gas producer posted a historic annual loss for 2020.
The U.S. Postal Service said on Wednesday it is offering early retirement to non-union employees as it consolidates postal districts as part of an effort to stem billions in red ink.
Dollar Tree Inc said on Wednesday it would reformat a large number of its stores selling discretionary goods to include essentials, making it convenient for customers taking fewer trips outside their homes during the pandemic.
Social media app Parler has dropped its federal case against Amazon.com Inc for cutting off its web-hosting services and filed a separate lawsuit against the company and its web services unit in a Washington state court, according to court documents from late Tuesday.
British supermarket group Sainsbury's plans to cut an additional 500 jobs and reduce its office space as it simplifies administrative functions for the post-pandemic era, it said on Wednesday.
REUTERS: Shares of Oscar Health fell more than 7per cent in their stock market debut on Wednesday, fetching a valuation of just over US$7 billion for the health insurance startup backed by Google parent Alphabet Inc. The company's shares opened at US$36 on the New York Stock Exchange, below...
Boeing Co-backed supersonic jet maker Aerion said on Wednesday Berkshire Hathaway's private aircraft firm, NetJets, has obtained purchase rights for 20 of its AS2 business jets.
Facebook has taken down 185 accounts and groups engaged in an information influencing operation in Thailand run by the military, the company said on Wednesday (Mar 3), the first time it has taken down Thai accounts with ties to the government.
REUTERS: American Airlines and United Airlines on Thursday will begin providing workers with Johnson & Johnson's single-shot COVID-19 vaccine at Chicago's O'Hare airport, according to letters sent to Chicago-based employees. So far, U.S. airlines are not requiring employee vaccinations but are ...
