The New York state grand jury investigating Donald Trump over a hush money payment to a porn star won’t reconvene Wednesday or hear any matters regarding the former president for the rest of the week, according to a person with knowledge of the matter.
Lucid Group Inc. is eliminating 18% of its workforce, including employees and contractors, as the company looks to cut costs in its second full year of production.
The trading resumption of two insolvent US banks may be a footnote in the larger drama they visited on the financial industry this month. For options traders who placed well-timed bets against the companies before their demise, it could be the break they’ve been waiting for.
One of France’s most prominent union leaders said he had been invited by Prime Minister Elisabeth Borne to meet early next week to discuss the government’s pension reform plan that triggered a 10th day of nationwide protests Tuesday.
AMC Entertainment Holdings Inc. rose 13% after the Intersect website reported that Amazon.com Inc. is weighing a possible acquisition of the struggling movie-theater chain.
Madison Square Garden Entertainment Corp. can ban lawyers suing the company from attending concerts and theatrical performances at its venues even if they have valid tickets, an appeals court ruled, overturning a lower court decision.
Alibaba Group Holding Ltd.’s US shares closed 14.3% higher after China’s online commerce leader announced plans to split its $220 billion empire into six business units, a major restructuring that promises to yield several initial public offerings.
A slide in technology shares halted a three-day advance in US stocks as investors continued to recalibrate bets on the Federal Reserve’s path forward on interest rates. Treasuries drifted lower.
Twitter Inc.’s “For You” feed, the default view for users of the social network, will no longer recommend content from accounts that aren’t verified, owner Elon Musk tweeted on Monday.
Republicans are floating legislation that would ease energy permitting in exchange for raising the US debt ceiling, creating a potential path to avoid a default.
