Economy
Angela Rayner’s £39 billion pledge for thousands of new social and affordable homes across England arrives in a nation starved of housing. Yet, critics…
For urban commuters, the new city location of Aldi offers…
SK Hynix, a South Korean chip maker, has raised $26.5bn…
Elon Musk Twitter page seen on mobile with his poll to step down as head of TwitterJonathan Raa | Nurphoto | Getty ImagesMany Twitter users on Wednesday afternoon were unable to post on the site for about 90 minutes, receiving a message that read, “You…
Barbie dolls in the Mattel display at the annual Toy Fair in New York.Stan Honda | AFP | Getty ImagesCheck out the companies making headlines in extended trading.Disney — Shares of the entertainment company rose more than 6% after the company released its fiscal first-quarter earnings…
Affirm announced it’s cutting 19% of its workforce Wednesday. The news came as it reported second quarter earnings that fell below analyst estimates on both the top and bottom lines.Shares were down more than 17% after hours.In his letter to shareholders Wednesday, Founder and CEO…
Google VP of VR Clay BavorSource: GoogleGoogle veteran Clay Bavor is leaving the company to build a startup focused on artificial intelligence with former Salesforce co-CEO Bret Taylor.“We share an obsession with recent advances in AI, and we’re excited to build a new company to…
Elon Musk attends the 2022 Met Gala at the Metropolitan Museum of Art.Angela Weiss | AFP | Getty ImagesPresident Joe Biden drew loud cheers during his State of the Union address Tuesday night when he proposed a new tax on the rich. “Pass my proposal…
Rafael Henrique | Lightrocket | Getty ImagesCheck out the companies making headlines in midday trading Wednesday:Lumen Technologies — Shares fell 22.5% after the cloud network data company reported a fourth-quarter loss of about $3.1 billion. Its earnings guidance for the year also came in below…
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