Sensex rallies over 900 points, Nifty reclaims 9,800 level

Equity benchmark Sensex soared over 900 points in opening trade on Thursday tracking heavy buying at ICICI Bank, Infosys, HDFC twins and Reliance Industries counters amid rally in global stocks. After hitting a high of 33,640.73, the 30-share index was trading 895.69 points or 2.74% higher at 33,615.85. Similarly, the NSE Nifty shot up 247.20 points, or 2.59%, to 9,800.55. […]

» Read more

Juul to Cut Up to 40% of Workforce in New Round of Reductions

Juul Labs Inc. is preparing to cut 25% to 40% of its workforce, according to a person familiar with the matter, in the latest round of layoffs at the e-cigarette company. The San Francisco-based company currently employs about 3,000 people after slashing about 650 jobs late last year. It could cut between 800 to 950 people in the latest round, […]

» Read more

Microsoft notes 'minimal' coronavirus impact as revenue tops expectations

Microsoft boosting connectivity in rural America during coronavirus Microsoft Chief Technology Officer Kevin Scott discusses how new developments in tech and AI are aiding in the coronavirus fight. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Microsoft said the coronavirus pandemic had “minimal net impact” on its business in […]

» Read more

Stock futures rise as oil rallies

Major averages end near session lows despite Alphabet’s earnings report FOX Business’ Lauren Simonetti says investors are overall optimistic about the future despite some losses on the Nasdaq, S&P 500 and Dow Jones. FOX Business’ Connell McShane reports on Alphabet Inc.’s earnings missed the mark but revenue came out better than expected amid coronavirus. Get all the latest news on […]

» Read more

Coronavirus slows Alphabet growth, drives Google users

Major averages end near session lows despite Alphabet’s earnings report FOX Business’ Lauren Simonetti says investors are overall optimistic about the future despite some losses on the Nasdaq, S&P 500 and Dow Jones. FOX Business’ Connell McShane reports on Alphabet Inc.’s earnings missed the mark but revenue came out better than expected amid coronavirus. Get all the latest news on […]

» Read more

New York’s Out-of-State Taxpayer Money Is Suddenly Up for Grabs

They’re friends, for now. Governors from New York, New Jersey, Connecticut and Pennsylvania have in recent weeks banded together as part of a regional initiative to coordinate reopening schools and businesses shuttered by the coronavirus outbreak. But with states and cities facing the worst fiscal crisis in decades, a little-noticed provision in New York’s tax law could leave billions of […]

» Read more

BP hikes debt, keeps dividend as coronavirus hammers profits

Fox Business Flash top headlines for April 27 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below BP's first-quarter profit tumbled by two thirds and its debt climbed to its highest in at least five years as […]

» Read more

Look Beyond Stocks for the True Extent of Corporate Devastation

It’s earnings season and this one is unlike any other. The global coronavirus pandemic has resulted in the end of the longest U.S. bull market, full scale shutdowns of economies, sky high unemployment and a wave of businesses shuttering for good. Quarterly reports are already beginning to yield some clues about the damage done to publicly traded companies, and the […]

» Read more
1 46 47 48 49 50