More than 203,000 global tech employees have lost their jobs since the start of 2023
Layoffs.fyi’s tally of 2023 global tech layoffs has shown that redundancies have gone up almost eightfold since mid-January.
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Meet Turkey’s new central bank governor as ex-First Republic exec takes on soaring inflation, tumbling lira
Hafize Gaye Erkan, the new head of Turkey's central bank, and the first woman at the post, faces a battle against soaring inflation and a sagging Turkish lira.
P.F. Chang’s 34-year-old CEO on what he learned from billionaire John Paulson
MarketWatch recently spoke with Damola Adamolekun, one of the youngest chief executives in corporate America.
Lower avocado prices are leading to more purchases, Mission Produce says, but less revenue
Shares of Mission Produce Inc. jumped after hours on Thursday after the avocado grower reported fiscal second-quarter results that beat estimates.
Tesla stock surges to its 10th straight gain, highest close since October
Shares of Tesla Inc. rose Thursday for the 10th straight session and closed at their highest price since October, as data out of China showed that the electric-vehicle giant sold more cars in May than the previous month.
Oil ends lower, but above session lows after a report, and denial, of progress toward a U.S. deal with Iran
Oil futures decline on Thursday, pressured by a report that the U.S. and Iran may be nearing a deal on Tehran's uranium enrichment and oil exports. A White House official, however, reportedly called the article "false," pr...
GameStop, FuelCell stocks fall, Tesla, Carvana shares rally and other stocks on the move
Here are some of the biggest movers of Thursday.
Manchester United takeover: Sheikh Jassim makes final bid and will walk away if it isn’t accepted
Sheikh Jassim made his fifth and final bid for Manchester United this week.
Diverted Air India flight leaves Russia for San Francisco with all aboard
A replacement plane for an Air India flight diverted to Russia because of an engine problem has left for San Francisco, carrying all passengers and crew.
Messi says joining MLS’s Inter Miami ‘wasn’t about money’ after turning down $400 million from Saudi club
The seven-time Ballon d'Or winner, four-time Champions League winner and World Cup champion will join the top soccer league in the United States.
Oil ends higher as China crude imports rise, U.S. crude supplies edge lower
Oil futures finish higher on Wednesday, buoyed by data showing China's crude imports rose in May. The EIA, meanwhile, reported a smaller-than-expected weekly fall in U.S. crude stockpiles.
LIV and PGA Tour merger: Phil Mickelson and Donald Trump are all ‘fore’ it
'Awesome day today,' tweeted Phil Mickelson, while former President Trump called it 'great news.' But reactions from other golfers have been mixed.
Turkish lira sinks to fresh low after report state lenders stop defending currency
The Turkish lira sank to new lows against the U.S. dollar on Wednesday, as concerns mounted over challenges facing the country's new finance minister, and after a report that state lenders have stopped selling dollars to d...
Asia stocks mixed as China data continues to show slowing; Nikkei under pressure
Stocks rose in China, with data showing signs of another slowdown, while the Nikkei fell and elsewhere, Wall Street inched toward a bull market.
Oil prices end lower, erasing gains seen after Saudi plan for production cut
Oil futures end lower on Tuesday, with worries over the global economic outlook leading prices to give back gains seen in the wake of Saudi Arabia's plan to further cut its production in July.
EIA predicts record-high 2023 and 2024 U.S. oil output
The Energy Information Administration on Tuesday raised its oil-price forecasts for this year and next, and said it expects U.S. production to hit record highs as global supplies tighten following a decision by major oil p...
PGA and LIV Golf to merge, ending litigation
As part of the deal, both sides are dropping all lawsuits against each other.
Here’s the red flag that says a tech stock selloff could arrive soon, according to Citi
Citigroup says investors are reaching a tipping point in their bullishness on tech stocks.
Fungi remove at least a third of polluting carbon from oil and gas. Can we increase their role in curbing climate change?
Mycorrhizal fungi are responsible for holding up to 36% of yearly global fossil fuel emissions below ground — more than China emits each year.
Apparent hack of Russian broadcast outlets results in jarring announcement of Ukrainian invasion and martial law by voice claiming to be Putin’s
Kremlin spokesman Dmitry Peskov called the broadcast a result of a "break-in" by hackers and said it was under investigation, Radio Free Europe reported.
Saudi Arabia’s planned oil cut could lead to ‘cracks’ within OPEC+ — but not a spike in gasoline prices
Saudi Arabia is looking to control oil's "narrative," one analyst says, but that should not hurt drivers fearing more pain at the gas pump
