Business

Bose buys McIntosh, storied maker of high-end luxury audio equipment

McIntosh has been making high-end amplifiers and other audio equipment since 1949, and one of its devices can cost tens ...

Morgan Stanley found a new autonomous driving pure play, gives it 25% upside

WeRide will benefit from its early-mover advantage in self-driving vehicles, per Morgan Stanley.

Scottish Labour vows to reinstate winter fuel payments

Move by leader Anas Sarwar puts pressure on Keir Starmer to change policy for rest of UK

Archegos founder Bill Hwang tells court he can’t pay $10 billion compensation to victims because he’s only a millionaire

Lawyers for the disgraced whale don’t believe a U.S. federal court should order any restitution to banks that agreed to ...

Stocks making the biggest moves premarket: Walmart, Lowe’s, Super Micro Computer, BioNTech & more

These are the stocks posting the largest moves in premarket trading.

Microsoft introduces PC that has one job: connect users to their computers in the cloud

Microsoft’s latest stripped-down device is designed for corporate use and includes a new operating system.

Tracking Ukraine’s battle against Russia in maps and charts

A visual guide to the war

Millennials choosing to be DINKs could push GDP down by as much as 4%

“By the time you get to 2030, you’re talking about a birth rate that is wildly different to what was ...

7 U.S. cities where you need to earn more than 4 times the minimum wage to comfortably afford rent

Workers would need to earn quadruple the federal minimum wage in order to comfortably afford rent in these cities, per ...

Market experts are talking about ‘animal spirits.’ Here’s what that means when it comes to investing

The markets soared following Election Day, prompting some experts to say “animal spirits” are back. Here’s what that means for ...

Stablecoin company Noble raises $15 million in Series A from Paradigm 

The company seeks to help stablecoin issuers distribute their product to a growing number of appchains. Read More

Four trades working this morning amid rising geopolitical tensions

Geopolitics are raining on the stock market’s parade, but other trades are working.

Russia-U.S. tensions hit global markets as Putin lowers the threshold for a nuclear strike

Stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world’s ...

Spirit Airlines CFO faces ‘uphill battle’ as airline navigates Chapter 11 process

Fred Cromer started his CFO role at the company on July 8. Read More

Evercore ISI upgrades BioNTech, says ‘chaos’ of RFK Jr.’s nomination presents buying opportunity

Now may be the time for investors to buy shares of BioNTech, according to Evercore ISI.

5 things to know before the stock market opens Tuesday

Here are five key things investors need to know to start the trading day.

Russia says Ukraine attacked it using U.S.-made missiles, signals it’s ready for nuclear response

Russia has signaled to the West it’s ready for a nuclear confrontation.

Ukraine strikes Russia with US-made Atacms

Long-range missile attack marks first use by Kyiv since Biden administration lifted restrictions

Walmart shares rise on third quarter jump in sales and profits as low prices attract inflation-hit Americans

The nation’s largest retailer raised its outlook for the year as well and shares rose nearly 4% in premarket trading ...

Exclusive: Manufacturing platform Keychain raises $15 million in Series A funds, including from the maker of iconic breakfast cereals

Keychain is an online platform that connects food and beverage brands to manufacturers. Read More

How HR leaders can help solve the workplace loneliness epidemic

Companies want to create a culture where employees make lasting friendships. Doing so takes effort. Read More

Boeing starts sending out its 2,199 layoff notices in Washington, the state where it was founded

Its plants in Renton and Everett, located near Seattle, were recently hit by a strike involving more than 33,000 members ...

Lowe’s beats on earnings and hikes guidance, but still expects sales to fall this year

Lowe’s topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.

Paris is panicking as 10,000 Parisians are abandoning the city each year

Paris is suffering from “unbearable urbanisation” critics say. Read More

Google may have to sell Chrome to address antitrust issues

It depends on what the judge says. Read More

Jake and Logan Paul’s growing business empire: From Netflix Mike Tyson fight to Donald Trump and Elon Musk’s energy drink

The Vine turned YouTube turned TikTok turned boxing star siblings have raked in millions from endorsements and product lauches. Read ...

Losses linger for crisis-hit Thyssenkrupp as steel sector suffers

Once a symbol of German industrial might, Thyssenkrupp’s traditional steel business has suffered from high manufacturing costs, falling prices and ...

Nestlé plans to double down on ‘billionaire brands’ in major overhaul, cutting $2.8 billion in costs

Nestlé is home to 31 brands that are “billionaires” in their own right. Still, it’s slipped behind competitors—new CEO Laurent ...

Nvidia must show Blackwell chip can drive growth in earnings report

Nvidia is on a historic run as its GPU chips are the technology industry’s tool of choice for making and ...

Exclusive: Roboflow, vision AI startup, raises $40 million Series B

Roboflow has raised $40 million for its Series B, led by GV, Fortune has exclusively learned. Read More