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China’s consumer inflation rose a touch more than expected in July, a tentatively encouraging sign for policymakers who have been struggling to boost household spending.
Fastly said it was cutting its global workforce by 11% as part of a restructuring plan.
The moves will reduce annual operating costs by $30 million, and are expected to be substantially completed by the third quarter.
Paramount Global on Thursday said it would slash U.S. staff and booked billions in operating losses in the second quarter, as it tries to cut costs...
CarGurus Inc. shares rallied more than 10% in the after-hours session Thursday after the online car-sales platform posted better-than-expected quarterly results and an adjusted profit guidance...
Funko named Yves Le Pendeven as its chief financial officer.
Rocket Lab USA Inc. shares rallied nearly 10% in the extended session Thursday after the launching-services company narrowed its quarterly loss and hailed a 71% jump...
“Everyone thinks rate cuts are a magic elixir,” notes Northwestern Mutual’s Brent Schutte.
Shares of Sweetgreen soared after the company increased its revenue and same-store sales outlooks for the year on higher-than-expected sales in the second quarter.
Delta Air Lines Inc. late Thursday detailed the half-billion-dollar price tag it has put on flight cancellations and other problems caused by last month’s CrowdStrike Holdings...
