U.S. government officials gave "classified, detailed briefings" last week to companies and sectors due to concerns about potential Russian cyberattacks, a White House official told reporters Monday. "Several hundred companies were brought in to get that briefing," said Anne Neuberger, the Biden administration's deputy national security adviser for cyber...
Shares of Intel Corp. tumbled 9.6% in premarket trading, putting them on track for the worst one-day performance in 15 months, in the wake of the semiconductor maker’s fourth-quarter profit miss and warning of coming losses. The implied price decline would shave about 19 points off the Dow Jones...
Gap Inc. GPS, -0.85% is leaving the S&P 500 index SPX, -0.15%, index provider S&P Dow Jones Indices said late Wednesday, underscoring the challenges faced by retailers in recent years. Constellation Energy Corp. CEG, +50.00% will replace Gap in the key equity index, with the retailer, parent to Banana...
The shares of all 30 components of the Dow Jones Industrial Average DJIA, +2.51% gained ground in afternoon trading Friday, as the blue chip barometer surged toward its biggest gain in 21 months. Of the Dow's best percentage performers, shares of both Johnson & Johnson JNJ, +4.97% and 3M...
Gold futures climbed on Tuesday to settle at their highest since mid June. “Fear and doubt across wider financial markets mean gold and silver have begun 2023 with a typical New Year surge, attracting speculative inflows as traders see weak growth, high inflation and a worsening geopolitical outlook ahead,”...
U.S. Steel Corp. X, +6.35% said late Tuesday that Chief Financial Officer Christine S. Breves intends to leave the company this year, after nine years of service. Breves will continue to serve as CFO while the steel maker searches for a permanent replacement, the company said. Breves has agreed...
Shares of Bed Bath & Beyond Inc. BBBY, +5.94% rose 1.6% before market open following the troubled retailer's announcement that it will hold a conference call Aug. 31 at 8:15 a.m. Eastern to offer a "business and strategic update." The meme stock darling announced the investor update after...
Shares of Universal Health Services Inc. UHS, +1.08% tumbled 8.6% toward a two-year low in premarket trading Thursday, after the hospital and health care services company cut its earnings outlook, citing a "significant shortfall" in results during April and May. The company expects second-quarter adjusted earnings per share of...
Adam Mosseri, chief executive of Meta Platform Inc.'s FB, -4.27% Instagram business unit, will testify for the first time before a Senate subcommittee on Dec. 8. Sens. Richard Blumenthal, D-Conn., and Marsha Blackburn, R-Tenn., said Mosseri will speak at a panel on "Protecting Kids Online: Instagram and Reforms for...
U.S. stocks held onto losses heading into the final hour of trading on Monday, led by declines in the Nasdaq Composite Index. The Nasdaq Composite was down by 0.8% after briefly touching its lowest level since 2020, as investors remained focused on the likelihood of further rate increases by...