MARKET

Lyft to cut some jobs as it restructures its bikes and scooters operation

Lyft disclosed Wednesday a restructuring of its bikes and scooters operation, which will lead to some job cuts and a

MARKET

My second husband’s $350,000 life insurance lists me as beneficiary. But his divorce decree says he’ll maintain the policy for his kids. Who wins?

“Am I legally obligated to turn this over to his children because of what his divorce decree says?” Source link

MARKET

American Eagle Outfitters stock drops as Q2 revenue misses analyst estimate

Retailer expects 2024 operating income of $455 million to $465 million, below the analyst projection of $469 million Source link

MARKET

Brent oil climbs more than 3% on Libya output halt and escalating Middle East tensions

Global oil prices touched a nearly two-week high on Monday as a reported halt in oil output and exports by

MARKET

New-home sales surge to highest level since May 2023

Sales of newly built homes in the U.S. surged unexpectedly in July, as home builders saw a bump in demand

MARKET

Hawaiian Holdings stock jumps as DOJ clears Alaska Air takeover

Shares of Hawaiian Holdings jumped on Tuesday after one regulatory hurdle was cleared in its pending takeover by Alaska Air.

MARKET

Disney-Fox-WBD sports streaming bundle blocked from launching by judge due to ‘near-monopolistic’ control

The media companies’ Venu Sports streaming bundle is being blocked a week before its planned debut. Source link

MARKET

Tesla’s ‘under the radar’ energy segment deserves attention amid rapid growth, says Baird

Tesla Inc.’s energy segment may not grab as much attention as the company’s electric vehicle business, but its contribution to

MARKET

Earnings Watch: Walmart reports this week. Its ‘resilience’ will be tested amid signs of consumer slowdown, analyst says

Over the past week, we saw more evidence of a tired consumer: Evidence that people were spending less at amusement

MARKET

Chicago-based cannabis giant Cresco Labs loss widens on $61 million charge for taxes

Revenue remains about flat at $184 million Source link