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Nike reorganization for direct-to-consumer initiative will lead to job losses, one-time $200 million cost

Nike Inc. announced a number of promotions on Wednesday as part of a reorganization to align its leadership with its Consumer Direct Acceleration (CDA) initiative. CDA aims to use the athletic giant's digital capabilities...

by Tonya Garcia

Existing 澳门拉斯维加斯app下载home sales rebound sharply in June

Sales of previously-owned 澳门拉斯维加斯app下载homes rose nearly 21% in June, the National Association of Realtors reported Wednesday. Existing-澳门拉斯维加斯app下载home sales occurred at a seasonally adjusted annual pace of 4.72 million. It was a major turnaround...

by Jacob Passy

Pershing Square Tontine's stock opens 5.5% above its $20 IPO price

by Tomi Kilgore
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When does it make sense to take Social Security at 62?

Waiting until later is ideal but life can get in the way

by Howard Gold
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Gold surges toward all-time high, silver rises further as U.S.-China tensions mount

Gold and silver rise further Wednesday, getting a boost after China said the U.S. had ordered it to close its Houston consulate, marking a further climb in tensions between the two countries and sparking demand for haven a...

by William Watts

Dow Jones Industrial Average 45 points, or 0.2% higher

by Sunny Oh

S&P 500 up 0.3%; Nasdaq Composite rises 0.6%

by Sunny Oh

Stocks maintain rise after existing 澳门拉斯维加斯app下载home sales

by Sunny Oh
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Dow edges higher as investors eye China-U.S. tensions, while investors watch for earnings from Tesla, Microsoft

U.S. stocks rose slightly at the start of Wednesday’s trade as investors readied for corporate results from major corporations, including Tesla and Microsoft after close, and watched rising Sino-American testiness.

by Mark DeCambre

U.S. existing 澳门拉斯维加斯app下载home sales increased 20.7% to 4.72 million rate in June

by Jacob Passy

Dow climbs nearly 75 points on gains in Pfizer, McDonald's shares

Dow climbs nearly 75 points on gains in Pfizer, McDonald's shares

by MarketWatch Automation

Pfizer, McDonald's share gains contribute to Dow's nearly 75-point jump

Pfizer, McDonald's share gains contribute to Dow's nearly 75-point jump

by MarketWatch Automation

The Dow Holds Its Ground Despite China Worries

U.S. stocks opened near the break-even line despite the latest news on tensions between the U.S. and China, as well as continuing fears about the coronavirus.

by Barron's

Intuitive Surgical stock price target raised to $725 from $562 at Canaccord Genuity

by Tomi Kilgore
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Disney World guests can’t eat or drink while walking anymore

The resort closed a loophole some guests were using to remove their mandatory face masks

by Nicole Lyn Pesce
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Pfizer’s Covid-19 Will Cost the U.S. $19.50 a Dose

The government has put in an order for enough doses of Pfizer and BioNTech experimental Covid-19 vaccine to inoculate nearly every American.

by Barron's
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How you can channel your outrage into practical activism to help create a better world

It’s possible to do good while doing well. It might also make you feel better, says and entrepreneur Steve Davis.

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London drops off the list of top 10 European travel hot spots for the first time

New research by data firm ForwardKeys shows flight bookings in Europe and the U.S. falling by 99.6% so far in 2020.

by Archie Mitchell

Agco stock price target raised to $68 from $44 at BofA Securities

by Tomi Kilgore

Agco upgraded to neutral from underperform at BofA Securities

by Tomi Kilgore

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Tumbling Dollar Unleashes Precious-Metals Rally

The U.S. dollar fell for the fourth consecutive session, highlighting investor concerns about rising coronavirus cases in many states and aiding a booming rally in precious metals such as gold and silver.

by Amrith Ramkumar
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Pfizer, BioNTech Get Covid-19 Vaccine Order From U.S. Government

The U.S. has agreed to pay Pfizer and BioNTech nearly $2 billion to secure 100 million doses of their experimental Covid-19 vaccine to provide to Americans free of charge.

by Jared S. Hopkins
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U.S. Existing-澳门拉斯维加斯app下载home Sales Rose 20.7% in June

Low mortgage rates and increased economic activity helped push up sales of previously-owned 澳门拉斯维加斯app下载homes in June.

by Nicole Friedman
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U.K. and U.S. Tighten Diplomatic-Immunity Rules After Teen’s Death

Britain and the U.S. agreed to tighten diplomatic-immunity rules for American staff at a military base in central England, after a British teenager died following a road accident involving the wife of a U.S. diplomat stati...

by Max Colchester
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New York Regulator Charges First American Unit Over 2019 Data Breach

New York’s top financial regulator filed charges Wednesday against a subsidiary of insurance company First American Financial in the first enforcement action by the regulator under a set of rules requiring banks and other ...

by James Rundle
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New York Police Department Clears Out ‘Occupy City Hall’ Encampment

NYPD officers cleared a block-long protest encampment outside City Hall in lower Manhattan, arresting at least seven people. Protesters had been at the site for weeks, calling for the city to defund the police.

by Katie Honan
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Stocks Edge Higher Despite U.S.-China Tensions

Stocks rose despite U.S.-China relations showing signs of further deterioration, and investors questioning whether Congress will reach an agreement on the next stimulus bill before lawmakers start their summer break.

by Joe Wallace
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Merkel Lobbied for Wirecard Despite German Probe

German Chancellor Angela Merkel promoted Wirecard’s Asia expansion plans during a trip to China late last year despite multiple red flags about the company.

by Ruth Bender
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New York Times Taps Meredith Kopit Levien to Succeed CEO Mark Thompson

New York Times Co. President and CEO Mark Thompson will step down from his positions and Chief Operating Officer Meredith Kopit Levien will succeed him effective Sept. 8.

by Dave Sebastian
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U.S. Orders China to Close Its Houston Consulate

The U.S. ordered the closure of China’s consulate in Houston in order to protect American intellectual property and private information of U.S. citizens, the State Department said.

by Chun Han Wong
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Slack Files EU Antitrust Complaint Against Microsoft

Microsoft is facing an antitrust complaint in the European Union over its push into workplace-collaboration software, joining a series of big tech firms under scrutiny on both sides of the Atlantic for allegedly abusing th...

by Sam Schechner
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Rich Jones, After Years as Accountant, Turns to Rule Making at FASB

The 54-year-old, who began working at FASB in March to ease the transition, took the helm this month amid mounting challenges for companies involving liquidity, expenses and their workforce, due in part to the coronavirus ...

by Mark Maurer
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Why the Best Horror Novels Are Personal

Stephen Graham Jones says he knew his new book, “The Only Good Indians,” was scary enough when it terrified him writing it.

by Saira Khan
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United Airlines Slows Cash Burn, Expands Mask Policy

United Airlines said it would trim more flying this quarter in response to stalling demand and expanded its face-covering requirement to include the airports the carrier services.

by Doug Cameron
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New York City’s Tourist Attractions Reopen, Without the Tourists

From the top of the Empire State Building to the foot of the Statue of Liberty, New York City tourist attractions are reopening, and operators are counting on city residents to keep the flailing industry alive.

by Kate King
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Baseball Will Start Its Weirdest Season Ever. Will It Finish?

Major League Baseball is set to open its pandemic-delayed 2020 season, which promises to be a strange sprint that is still fraught with peril.

by Jared Diamond
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New York Makes Quarantines Main Defense Against Coronavirus Surges in Other States

New York faces a new test in its fight against the new coronavirus: ensuring travelers from high-risk states don’t undo its progress in driving down infection rates.

by Stephanie Yang
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Apple’s Irish Tax Stew

Despite the tech company winning its appeal against the European Union, billions of euros in disputed back taxes may need to stay in a loss-making escrow fund a while longer.

by Carol Ryan
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Why China’s Growth Sometimes Doesn’t Add Up

While a range of figures from metal prices to trade hint at a stronger rebound than elsewhere, there are still reasons—structural and otherwise—to be skeptical of the scale of China’s second-quarter growth.

by Nathaniel Taplin
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Global Dairy Prices Bounce Back From Coronavirus Slump

A pickup in demand for milk products in China and other parts of Asia has sparked a rebound in global dairy prices, improving the profit outlook for farmers from New Zealand to the U.S.

by Lucy Craymer