GSI Technology has announced “tape out” or design completion, of its Gemini-II Associated Processing Unit
: As Rite Aid closes some pharmacies, neighborhoods could lose a ‘pivotal’ piece of America’s health system
Rite Aid will close some of its 2,100 stores as it goes through the bankruptcy process.
: No student-loan payment freeze? No problem, at least according to the New York Fed.
Borrowers may have already prepared for payments to resume or could dip into savings to pay their monthly bills. The impact on the economy should be modest.
The Tell: Stock-market investors are ‘calling the bond market’s bluff’ as yields hit 15-year highs
Stock-market investors keep cool in face of latest rise in Treasury yields. Here’s what they see.
The Tell: 7 stocks are holding up the U.S. market. Here is why they may soon fall back to Earth.
Something unusual is happening in the U.S. stock market, and it’s making one prominent Wall Street economist nervous.
The Ratings Game: Choice Hotels’ hostile bid for Wyndham Hotels may result in a proxy battle, Truist says
Wyndham’s board has unanimously rejected Choice’s hostile bid.
Economic Report: U.S. housing starts rebound in September after sharp drop in prior month
Construction of new U.S. homes rose 7% in September to an annual pace of 1.36 million units, the Commerce Department said Wednesday.
: Treasury says Hamas leaders ‘live in luxury’ as it unveils new sanctions
The U.S. government unveiled fresh sanctions on 10 Hamas members and associates in the wake of the group’s Oct. 7 attack on Israel.
: Abbott Labs’ stock rises as third-quarter results beat estimates despite plunging COVID sales
Strong medical device sales boost results even as investors fear obesity drugs’ impact.
: Airline stocks rocked as Israel-Hamas war fuels profit concerns
Airline stocks were rocked Wednesday, as United Airlines’ warning of a profit miss because of the Israel-Hamas war cast a pall on sentiment.
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