Business

Stocks making the biggest moves after hours: McDonald’s, Seagate Technology, CoStar Group and more

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

Rudy Giuliani must turn over NYC apartment and watches in defamation case

Former mayor and Trump lawyer owes nearly $150mn to two Georgia poll workers he defamed after 2020 election

UK water regulator could be scrapped in ‘root and branch’ review

Environment secretary says new commission will consider all options regarding Ofwat

Starbucks scraps 2025 guidance after fall in sales and earnings

New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growth

Philip Morris is a growth stock again as shares hit all-time high on Zyn demand boom

The company’s stock was tracking for a record close and clinched a fresh intraday record.

Donald Trump is eking ahead in the polls as the ‘excitement’s over’ for Kamala Harris

After surging in the polls after Harris’s dramatic entry into the race, the election tightens. Read More

Republicans shatter early voting records in battleground states after Trump push

In North Carolina, where in 2022 Democrats had an edge of more than 30 percentage points of the vote at ...

Retirement? I’m leading a startup in my 60s—despite society’s expectations

Working is an amazing creative exercise—just what’s needed to stay engaged with life. Read More

Billionaire investor Marc Lasry accuses ex-employee of blackmailing him after he rejected her

“U wonder why I love you so much,” the former employee allegedly wrote. Read More

Björn Ulvaeus and Thom Yorke among 11,000 artists warning of AI threats

Letter says unlicensed use of creative works to train models poses a major threat to creators’ livelihoods

Former Abercrombie CEO accused of coercing men into sex for a chance to model for the brand

Mike Jeffries arrested in “one of the most organized sex trafficking operations in United States history,” authorities said on Tuesday. ...

Former Abercrombie & Fitch CEO Mike Jeffries charged with sex trafficking

US indictment alleges former executive often recruited male models with the promise of appearing in the retailer’s ads

The IMF forecasts a sharp drop in inflation—but China’s growth is set to slow

The IMF expects China’s economic growth to slow from 5.2% last year to 4.8% this year and 4.5% in 2025. Read More

MrBeast’s Lunchables knockoff is already getting customer complaints of mold just one month after launch

YouTuber Rosanna Pansino, who has 14.5 million subscribers, uploaded a video Monday claiming she found mold in a pizza meal. ...

Spotify is ready to follow Netflix and be the next breakout streaming stock, according to the charts

Todd Gordon breaks down the charts on music streaming stock.

Senior VW executive deported from China

Expulsion of chief marketing officer is latest blow to German carmaker in world’s largest auto market

UK to slash overseas aid in Budget as asylum seeker costs rise

International development organisations warn country’s contribution could slump to its lowest level in 17 years

World’s richest man Elon Musk says people should relax about the costs and just have kids: ‘It’ll work out’

Musk has long said that people should have more babies to prevent population decline. Read More

Stocks making the biggest moves midday: Genuine Parts, General Motors, Verizon and more

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

Tesla is having a rough year—this week’s earnings may provide more of the same

The lack of clarity about the company’s short-term strategy may be weighing on the stock, which is down 13% this ...

Private equity management fees fall to lowest level since records began

Fund managers are fighting to secure investors’ money in a tough environment

L’Oréal sales growth slows further amid weak Chinese demand

Like-for-like third quarter revenue at world’s biggest beauty company misses expectations

Stripe announces $1.1 billion acquisition of stablecoin start-up Bridge

Bridge seeks to help financial institutions seamlessly integrate stablecoin technology. Read More

Pneumonia can be a deadly complication of COVID, the flu, and RSV. What to know about pneumococcal vaccination

More than 41,000 people in the U.S. died of pneumonia in 2022, according to the CDC. Read More

HSBC’s new CEO has only spring cleaned his supertanker

The UK-based global bank’s new structure looks logical, but raises questions about its future direction

Latest listeria recall yanks frozen waffles from store shelves

TreeHouse Foods announces dozens of items being recalled. Read More

Russia halting strikes on energy targets could lead to peace talks, says Zelenskyy

Ukrainian president floats mutual cessation of aerial attacks on power grids as first step towards ending war

Starboard calls for Pfizer board to ‘hold management accountable’

Jeff Smith tells activist investor conference that pharma group’s recent returns are ‘not adequate’

HSBC names Pam Kaur as first female CFO in bank’s history

The 60-year-old brings a long focus on auditing, risks and compliance across almost four decades of banking career spanning various ...