Republican presidential hopeful Vivek Ramaswamy took aim at social-media companies during the second GOP presidential debate, saying Wednesday night that he would aim to ban anyone age 16 or under from using…
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Duckhorn’s stock rallies 9% after winemaker’s profit tops views; CEO to retire
Shares of Duckhorn Portfolio Inc. NAPA, -0.59% turned lower in after hours Wednesday after the winemaker reported quarterly earnings that beat Wall Street expectations and said Chief Executive Alex Ryan was retiring…
GOP presidential debate: DeSantis says Trump’s spending ‘set the stage for the inflation that we have now’
Florida Gov. Ron DeSantis went after former President Donald Trump during the second Republican presidential debate Wednesday night, blaming the 2024 GOP frontrunner for the inflation that has hammered Americans. Trump “should…
Sony Interactive Entertainment CEO Jim Ryan will retire in March
Sony Interactive Entertainment Chief Executive Jim Ryan will retire in March, Sony Group Corp. SONY, +1.54% said in a statement on Wednesday, following nearly three decades with the Sony subsidiary that oversees…
S&P 500 ekes out gain as oil climbs, Treasury yields punch higher
U.S. stocks ended mostly higher on Wednesday in a choppy session that saw major equity gauges swing between gains and losses. The Dow Jones Industrial Average DJIA, -0.20% ended 68 points lower,…
Johnson Controls cybersecurity incident disrupts operations, could delay earnings
Johnson Controls International PLC JCI, +0.66% said late Wednesday a recent cybersecurity incident disrupted operations and could possibly interfere with earnings. In a filing late Wednesday with the Securities and Exchange Commission,…
‘Extreme fear’ has returned to the U.S. stock market
U.S. investors are in the grip of “extreme fear” for the first time in six months, according to CNN’s widely quoted “Fear and Greed” index. CNN The index, which uses a handful…
Uber names Prashanth Mahendra-Rajah new CFO
Uber Technologies Inc. UBER, +1.97% on Wednesday said Prashanth Mahendra-Rajah would join the company as chief financial officer on Nov. 13. Mahendra-Rajah is currently CFO of Analog Devices Inc. ADI, +0.27%, where…
After fighting over connected fitness, Peloton and Lululemon join forces
Peloton Interactive’s stock jumped after hours Wednesday after the connected-exercise-bike maker and yoga-wear giant Lululemon Athletica announced a five-year partnership that will combine digital fitness with workout and athleisure gear starting next…
Exxon’s stock ends at record high as oil futures try to claw back to $100 a barrel
Shares of Exxon Mobil Corp. XOM, +3.26% rallied 3.3% on Wednesday to close at a record $120.20, according to data going back to November 1972. It also marked a fourth straight session…