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Instacart Files Confidentially for IPO
Instacart’s long-awaited filing comes as competition increases and consumer habits shift. Photo: Michael Loccisano/Getty Images Instacart Inc. said it filed…
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Dow turns lower heading toward closing bell, while S&P 500, Nasdaq rise in choppy stock-market trade
U.S. stock benchmarks were up Tuesday afternoon, after three days of heavy losses, but the Dow Jones Industrial Average was…
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Here’s a list of 50 companies that are well-armed to beat back inflation
Another turnaround Tuesday may be in the cards after a litany of concerns including stagflation dragged the S&P 500 SPX,…
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Tech stock rout sees Tiger Global lose $17bn
The hedge fund Tiger Global has lost roughly two-thirds of the cumulative gains it has made for investors since its…
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New York Gov. Hochul tests positive for COVID, as two omicron subvariants spread across Empire State
New York Gov. Kathy Hochul tested positive for COVID-19 on Sunday, becoming the latest political leader to contract the SARS-CoV-2…
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Shopify to Buy E-Commerce Fulfillment Specialist Deliverr for $2.1 Billion
Shopify Inc. has agreed to buy U.S. fulfillment specialist Deliverr Inc. for $2.1 billion in a cash-and-stock deal, as the…
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New study finds omicron no less severe than earlier variants, and not just more transmissible
A new study conducted by researchers at Harvard Medical School among others has found that the omicron variant of the…
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Digital-Advertising Giants Are Coming Back to Earth After Pandemic Boom
The supercharged advertising growth that some of the world’s largest technology companies reported during the pandemic is decelerating. A round…
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WSJ News Exclusive | Ad-Tech Firms Didn’t Sound Alarm on False Information in Gannett’s Ad Auctions
At least 15 advertising-technology companies had sufficient information to detect that publisher Gannett Co. GCI -0.98% provided inaccurate data to…
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Omicron caused spike in deaths in vaccinated people, analysis finds, though unvaccinated remain most at risk
The omicron variant of the coronavirus that causes COVID-19 that has swept across the U.S. since late last year has…
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South Africa hit by new subvariants of omicron that have been detected in the U.S. in small numbers
A surge in COVID-19 cases in South Africa fueled by two new subvariants of omicron has raised concerns that they…
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Dow drops more than 700 points as S&P 500, Nasdaq head for worst month since March 2020
U.S. stocks were trading sharply lower Friday afternoon, as investors weighed fresh inflation data while technology-related stocks suffered after disappointing…
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U.S. employment costs accelerate in first quarter, adding to inflation worries
The numbers: The U.S. employment cost index rose 1.4% in the first quarter, up from a 1% gain in the…
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Amazon looks to cut costs after first loss in seven years sends stock careening lower
Amazon.com Inc. reported a loss of nearly $4 billion in the first quarter of 2022 as inflationary pressures added costs,…
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How Gilead is positioning Veklury against COVID-19 antivirals like Paxlovid
Gilead Sciences Inc. GILD, -0.05% has steadily expanded the use of Veklury while much of the nation’s attention has shifted…
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Pandemic is not over yet, says Dr. Fauci, and WHO says omicron accounted for 99.7% of all cases sequenced in latest week
Just hours after saying the U.S. was out of the “pandemic phase,” Dr. Anthony Fauci, President Joe Biden’s chief medical…
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Dr. Fauci clarifies ‘pandemic is not over’ yet — U.S. is out of ‘acute’ phase
Sorry, we’re actually not out of the pandemic yet, Dr. Anthony Fauci clarified on Wednesday. But we are out of…
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Fauci says U.S. ‘out of the pandemic phase,’ but COVID will never be fully eradicated
““We are certainly right now in this country out of the pandemic phase. Namely, we don’t have 900,000 new infections…
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CDC study highlights speed with which omicron variant infected Americans, and WHO warns testing is still crucial
A report from the Centers for Disease Control and Prevention is highlighting just how many Americans have been infected with…
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Google Sales Growth Expected to Continue Despite Broader Economic Concerns
Google parent Alphabet Inc. GOOG -2.56% is expected to report strong sales growth despite global economic turmoil, propelled by digital…
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White House makes push for access to COVID antiviral, urges Congress to fund next leg of pandemic response
President Joe Biden’s administration is pushing to expand the availability of COVID-19 antiviral treatment Paxlovid and is moving to raise awareness…
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AB Foods 1H Profit Soared; Primark to Raise Prices to Tackle Inflation Effects — Update
By Sabela Ojea Associated British Foods PLC reported Tuesday a significant rise in adjusted operating profit for the first half…
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Dow stages biggest intraday turnaround since February as investors brush off concerns about China’s COVID-19 lockdowns
Dow industrials staged their biggest intraday turnaround in two months on Monday, while the S&P 500 and Nasdaq Composite each…
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Zappos Names Amazon Executive as Its First CMO
Zappos.com Inc. has named Amazon executive Ginny McCormick as its first chief marketing officer in its 23-year history. Ms. McCormick…
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Home Depot Revamps Tech Leadership With Focus on Customers
Home Depot Inc. is doubling down on online shopping, curbside pickup apps and other digital efforts that helped propel sales…
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Gap stock drops more than 10% following larger-than-expected sales declines, departure of Old Navy CEO
Gap Inc. shares fell in the extended session Thursday after the clothing retailer said Old Navy Chief Executive Nancy Green…
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How Meta Platforms Fell Behind in Indian Mobile Payments
Mark Zuckerberg has pinned his hopes on commerce to save his business from stagnating user engagement and decelerating advertising revenue…
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How well is the COVID-19 test-to-treat program working?
The Biden administration’s test-to-treat program, which allows people who test positive for COVID-19 to leave the pharmacy with a prescription…
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Consumer sentiment rebounds in April as gas prices ease, UMich survey finds
The numbers: The University of Michigan’s gauge of consumer sentiment rose in April to 65.7, a more than 10% increase…
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Mortgage rates soar to highest level in over a decade — even wealthy home buyers are feeling the pain
Mortgage rates are soaring, and no one is being spared. The average rate on a 30-year fixed-rate mortgage was 5%…
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Retail sales rise 0.5% — but high gas prices and inflation take bite out of U.S. households
The numbers: Sales at U.S. retailers rose a mild 0.5% in March and a large part of the increase reflected…
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‘Beer man here… for your empties’: Anheuser Busch and MLB will add recycling hawkers to the stands
Anheuser-Busch is linking up with Major League Baseball and the National Football League to launch what it’s calling the National…
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20 high-volatility stocks you might want to avoid in a hair-trigger market
Many technology stocks have gotten crushed in the high-inflation, rising-interest-rate environment of 2022. Some may have further to fall. Investors…
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This startup wants to do for activist investing what GameStop did for stocks
Alasdair Hardie wanted his money to make a difference. After months of research at the beginning of the year, the 32-year-old Edinburgh…
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Alphabet’s Wing to Launch Drone Delivery in Dallas-Fort Worth Area
Wing is launching a drone-delivery service in the Dallas-Fort Worth area Thursday in what will be the Alphabet Inc. subsidiary’s…
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Russian Tech Spending Declines as Sanctions Take Toll
Information-technology spending in Russia is expected to drop 39% this year as global business sanctions triggered by the invasion of…
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As COVID-19 cases decline in the U.S., White House officials face outbreak
House Speaker Nancy Pelosi (D-Calif.) is the latest official to test positive for COVID-19 after attending an event with President…
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BA.2 subvariant of omicron accounted for almost 94% of global cases in latest week, the latest sign of how dominant it has become
The omicron variant of the coronavirus that causes COVID-19 accounted for 99.8% of global new cases in the latest week,…
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Why U.S. consumers suspect gas price gouging — and how much stations actually profit from a gallon of the fuel
Oil company executives will be on the hot seat Wednesday at a House subcommittee hearing as U.S. consumers across the…
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Exxon expects profit bump in Q1
Exxon Mobil Corp. said in a filing late Monday that its first-quarter profit could top $9 billion, thanks in part…
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Here’s how much a 40-year mortgage would save you each month vs. a 30-year loan. And the ultimate cost.
The U.S. home-financing market has been dominated by the 30-year fixed-rate mortgage loan for decades. Now some key players in…
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CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.
From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash…
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Amazon workers in New York vote to unionize, a first for company
Amazon workers in Staten Island, New York, voted to unionize on Friday, marking the first successful U.S. organizing effort in…
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GameStop seeks to split stock for the first time since 2007, shares jump more than 15% in after-hours trading
Shares of GameStop Corp. jumped more than 15% in after-hours trading Thursday, after the company announced that executives are looking…
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U.S. private sector adds 455,000 new jobs in March, ADP says
The numbers: U.S. private payrolls rose by 455,000 in March, according to the ADP National Employment Report released Wednesday. Economists…
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Citigroup sells Indian retail arm to Axis Bank in $1.6bn deal
Citigroup is selling its Indian retail banking business to Axis Bank for $1.6bn in CEO Jane Fraser’s latest move to…
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Apple’s ‘Quality Over Quantity’ Approach Pays Off at Oscars
Apple Inc.’s AAPL 0.50% boutique-store approach to streaming is paying off with tastemakers. While Apple TV+ doesn’t have nearly as…
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Tesla is one of only 11 stocks in the S&P 500, excluding energy, that enjoys this critical support
A stock split for a rapidly growing company can be a catalyst for its shares. Even though the split doesn’t…
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GameStop stock bulls toward longest win streak in 12 years
It’s a very happy Monday for GameStop Corp. investors, as the stock powered higher toward the longest win streak in…
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The Rise and Fall of the Management Visionary Behind Zappos
In 2009, Tony Hsieh retreated to Lake Tahoe, Calif., from his home in Las Vegas with his longtime friend Jenn…
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