How major US stock indexes fared Thursday, 1/25/2024
U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected
U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected
A few years ago, desperate to avoid being acquired by a hedge fund, staff members of The Baltimore Sun made public pleas for a local entrepreneur to buy their publication. That request was recently realized: A Maryland businessman, David D. Smith, bought the storied newspaper, returning the 186-year-old newspaper to local hands for the first…
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…
The surprise resurgence of the Detroit Lions — for decades a perennial NFL laughingstock — has fans clamoring for a chance to see the team when it hosts the Tampa Bay Buccaneers for the NFC Divisional Round playoff game on Sunday. Secondhand ticket-selling websites are listing passes to the game at Detroit’s Ford Field for…
Paramount Global is sharpening the ax for a massive wave of staff reductions that could whack as many as 800 jobs, according to a new report. The debt-laden entertainment giant, which has been put up for sale, will begin slashing hundreds of jobs in February, Deadline reported late Sunday. The news follows a Wall Street…
NEW YORK — U.S. regulators have barred TurboTax maker Intuit Inc. from advertising its services as “free” unless they are free for all customers, or if eligibility is clearly disclosed. In an opinion and final order issued Monday, the Federal Trade Commission ruled that Intuit engaged in deceptive practices by running ads claiming consumers could…
Jeff Bezos made a splashy, $100 million pledge to help rebuild Maui after it was devastated by wildfires in August — but local officials and nonprofits alike are reportedly puzzled about where the funds may have gone. According to a Bloomberg report published Thursday, Bezos and his fiancée, Lauren Sanchez, have given out just $15.5 million of…