business news

JPMorgan Chase said Thursday that second-quarter profit slumped as the bank built reserves for bad loans by $428 million and suspended share buybacks.The actions reflect Chairman and CEO Jamie Dimon's increasingly cautious stance. "The…
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Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard's games character.Dado Ruvic | ReutersThe U.K.'s competition watchdog on Wednesday opened an investigation into Microsoft's planned acquisition of video game…
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U.K.-based startup Tevva on Thursday launched a hydrogen-electric heavy goods vehicle, becoming the latest company to make a play in a sector attracting interest from multinationals like Daimler Truck and Volvo.According to Tevva, which…
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Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.Eva Marie Uzcategui | Bloomberg | Getty ImagesArk Invest CEO Cathie…
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Stock futures gained Friday as Wall Street looked to grind out a rare positive week in what has been a rough first half of the year.Futures tied to the Dow Jones Industrial Average rose 222 points, or 0.7%. Futures for the S&P 500…
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Bitcoin continues to trade around the $20,000 mark, keeping investors on edge about where the price is going next.Nurphoto | Getty ImagesBitcoin jumped 6% on Monday after a sharp sell-off over the weekend but continues to teeter around…
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U.S. stock index futures were under pressure Thursday, putting the major averages to give up the solid gains made in the previous session.Futures contracts tied to the Dow Jones Industrial Average dropped 1.9%, or 590 points. S&P 500…
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Ukraine's President Volodymyr Zelenskyy addresses participants at Singapore's Shangri-La Dialogue summit virtually via a video link on June 11, 2022.Roslan Rahman | Afp | Getty ImagesSINGAPORE — Ukraine President Volodymyr Zelenskyy…
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Stock futures fell Wednesday after two consecutive days of gains on Wall Street.Futures on the Dow Jones Industrial Average dipped 130 points, or 0.4%. S&P 500 futures and Nasdaq 100 futures declined 0.3% and 0.2%, respectively.On…
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Max Verstappen of the Netherlands driving the (1) Oracle Red Bull Racing RB18 leads Charles Leclerc of Monaco driving the (16) Ferrari F1-75 during the F1 Monaco GP on May 29, 2022 in Monte-Carlo, Monaco.Clive Mason | Formula 1 | Getty…
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