Business

The case for the S&P 500 to rally to 6,600

Stocks are experiencing some turbulence of late, but the longer-term outlook points to sharp gains ahead, according to Piper Sandler.

Chinese smartphone companies tout AI features ahead of Apple Intelligence launch

Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.

HSBC names first female CFO—Pam Kaur gets top finance job as her predecessor ascends to CEO

Kaur’s appointment coincides with a reorganization of the bank. Read More

Warren Buffett — worried about impersonators — says he doesn’t endorse candidates or investments

Buffett’s actions were triggered in part by a fake political endorsement alerted to him on Meta’s Instagram.

Women in abortion-ban states are getting the procedure at similar rates as under Roe, study says

“There’s an irony in what’s happened in the post-Dobbs landscape,” one activist says. “In some places abortion care is more ...

5 things to know before the stock market opens Wednesday

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

RIP John ‘Mac’ McQuown, the OG quant

The father of passive investing has passed away

UK’s ruling Labour Party rejects accusations of U.S. election interference

The U.K.’s ruling Labour Party has rejected accusations by Donald Trump’s campaign team that its party members have interfered in ...

American Airlines fined $50 million for failing to give wheelchair help to disabled passengers and damaging thousands of wheelchairs

The investigation was prompted in part by three formal complaints the Paralyzed Veterans of America filed against American. Read More

Boeing chief outlines overhaul of plane maker to halt ‘serious performance lapses’

Kelly Ortberg calls for cultural change ahead of union vote on whether to end six-week strike

The defunct AmazonSmile charitable program worked. I know because I co-founded Tripadvisor using the same principles

Tripadvisor’s success is a testament to human generosity and the power of‬ collective impact. Read More

Trump aims to turn out hardcore partisans and men while Harris goes after 10% still persuadable in final campaign sprint

One point on which both camps agree: The election will be decided by voters in just seven swing states. Read More

GM’s Cruise is driving toward profit

It’s also resumed “limited” driverless testing in Houston. Read More

The tragedy of a 50-50 America

The era of western stability relied on dominant parties, and the US has none

Rudy Giuliani ordered to give 2 Georgia election workers he defamed his NYC apartment and a 1980 Mercedes once owned by Lauren Bacall

They won the $148 million judgment over Giuliani’s false ballot fraud claims against them related to the 2020 presidential election. ...

HSBC east-west overhaul reignites break-up debate

Top 20 shareholder calls for bank to reconsider total split between east and west

Boeing is set to report earnings for first time under CEO Ortberg. Here’s what Wall Street expects to hear

Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense ...

Trump calls Harris ‘lazy as hell’ for not holding event after more than 14 straight days of campaign travel

Trump’s comments ignored that Harris spent her day in meetings in Washington and recording interviews with Telemundo and NBC. Read ...

Jamie Dimon would reportedly consider joining a Harris administration—but he keeps denying he’s moving into politics

The JPMorgan CEO has not publicly backed either candidate and has explicitly stated he is not interested in roles like ...

55% of companies say security risks are at a high — and AI has a lot to do with it, according to new data from Vanta

AI security and compliance startup Vanta has released its 2024 State of Trust report. Read More

Young women lean Democratic. Harris’s election chances this year may depend on her ability to run up the score

This year’s election could see a historic gender gap as Harris tries to become the country’s first female president and the ...

Influx of college graduates could push bellwether central Pennsylvania county toward Harris

Centre County, which is home to about 160,000 people in the middle of Pennsylvania, could tilt this year’s closely fought presidential ...

Lilium was once a promising ‘air taxi’ startup worth billions. Now it’s on the brink of insolvency

German aerospace startup Lilium faces insolvency if it doesn’t raise emergency funding from the state government for the southeastern state ...

Baird downgrades McDonald’s after E. coli outbreak

It’s time to move to the sidelines on shares of McDonald’s as the company grapples with an E. coli outbreak ...

The Fortune 500 Europe

Many of the companies topping the list today face an existential crisis. Read More

McDonald’s and Starbucks shares tumble while stimulus proposal gives China markets reason for optimism

Japan’s shares dropped and China’s floated higher on a day where both countries saw blockbuster IPOs, while investors punished Starbucks, ...

US urges Israel to end war as IDF attacks Gaza and Lebanon

Antony Blinken pursues mission to de-escalate conflict across the Middle East

Denny’s plans to close 150 locations by the end of 2025: ‘We have a lot of restaurants that have been out there for a very long time’

Denny’s says it’s closing 150 of its lowest-performing restaurants in an effort to turn around the brand’s flagging sales. Read ...

Peloton is going to sell its deluxe stationary bikes at Costco to reach holiday shoppers this Christmas

The model will sell in Costco stores for $1,999. That’s about $500 cheaper than buying a new bike directly through ...

Qualcomm shares fall 5% after report of Arm threat to scrap key license in escalating dispute

Qualcomm shares fell in premarket trade after Bloomberg reported that British chip designer Arm is looking to scrap a key ...