How major US stock indexes fared Friday, 1/26/2024
Wall Street closed its latest winning week with a mixed finish, as drops for technology stocks dragged on the market
Wall Street closed its latest winning week with a mixed finish, as drops for technology stocks dragged on the market
GM’s Cruise self-driving car unit on Thursday revealed Justice Department and Securities and Exchange Commission probes stemming from an October accident in which one of its robotaxis dragged a pedestrian who had been struck by another car. Cruise reported the government investigations in a blog post in which the company also vowed to reform its culture stemming from…
A Boeing 757 plane operated by Delta Air Lines lost a nose wheel as it prepared to take off from Atlanta’s main airport on Saturday, according to the Federal Aviation Administration. It was the latest troubling episode involving one of the manufacturer’s aircraft. Delta Air Lines Flight 982 was preparing to take off from Hartsfield-Jackson…
Johnson & Johnson on Tuesday said it had reached a tentative settlement to resolve probes by states into whether it misled consumers about the safety of its talc products, which thousands of lawsuits claim can cause cancer. The deal includes 42 states and Washington, DC. The company tentatively agreed to pay about $700 million to settle the…
JPMorgan Chase chairman and CEO Jamie Dimon says the U.S. is speeding toward a cliff as the nation’s runaway debt continues to mount, sounding the alarm that the situation needs to be tackled before it results in a crisis. The chief executive of the nation’s largest bank issued the warning during a panel discussion at…
TOKYO — A man was convicted of murder and other crimes Thursday for carrying out a shocking arson attack on an anime studio in Kyoto, Japan, that killed 36 people and drew an outpouring of grief from anime fans worldwide. The Kyoto District Court said it found Shinji Aoba mentally capable to face punishment for…
More than 580,000 beds sold at retailers including Walmart, Wayfair and Overstock.com have been recalled over reports that they break during use. The Consumer Product Safety Commission said in a recall notice posted Thursday that upholstered platform bed frames made by Home Design Inc. “can sag or collapse during use, posing fall and injury hazards…