CSL employees. William West | AFP | Getty Images Shares of Australian biotech firm CSL plunged 17% Wednesday after it announced that Chief Executive Officer Paul McKenzie will step down effective February, and posted weak earnings for the first half of its fiscal year ended December. Former senior executive Gordon Naylor has been appointed as…
2026 Ford Mustang Dark Horse SC on display during the Media Preview of the 2026 Chicago Auto Show at McCormick Place on February 6, 2026, in Chicago, Illinois. Jacek Boczarski | Anadolu | Getty Images DETROIT – Ford Motor reported its largest quarterly earnings miss in four years in its fourth-quarter results released Tuesday, while…
U.S. Senate Majority Leader John Thune (R-S.D.) speaks next to U.S. Senate Republican Whip John Barrasso (R-Wyo.) at Senate Republicans’ press conference following their weekly policy lunch, on Capitol Hill in Washington, D.C., U.S., Feb. 10, 2026. Kent Nishimura | Reuters Senate Majority Leader John Thune, R-S.D., on Tuesday dashed a push from President Donald…
A ‘now hiring’ sign is displayed in a business’s window in Manhattan on Jan. 9, 2026, in New York City. Spencer Platt | Getty Images The jobs report Wednesday will give markets a lot to consider, as investors parse through fresh data and a batch of revisions. Economists expect that January’s nonfarm payrolls report will…
Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE Shares of financial services firms tanked Tuesday after the launch of a new tax planning tool powered by artificial intelligence that promises to do the work “within minutes.” LPL Financial tumbled nearly 11%, while Charles Schwab and Raymond James Financial both dropped…
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Alphabet’s debt sale keeps getting bigger. The company is close to finalizing a global bond issuance in excess of $30 billion, according to two…
U.S. House Speaker Mike Johnson (R-La.) speaks with reporters as the House votes to end the partial government shutdown on Capitol Hill in Washington, D.C., U.S., Feb. 3, 2026. Kylie Cooper | Reuters House Republican leaders are in danger of an embarrassing loss on a procedural vote Tuesday because fellow GOP lawmakers are balking at…
Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery, adding a so-called ticking fee to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share offer to WBD shareholders. In December, Paramount launched a hostile tender offer for the entirety of Warner Bros. Discovery at $30…
Trump administration Commerce Secretary Howard Lutnick on Tuesday admitted he and his family had lunch on the private island of notorious sex offender Jeffrey Epstein years earlier. “I did have lunch with him, as I was on a boat going across on a family vacation” in 2012, Lutnick said in testimony before the Senate Appropriations…
U.S. Senator Ron Johnson (R-Wisc.) speaks with reporters after a vote in the U.S. Capitol June 3, 2025. Annabelle Gordon | Reuters Sen. Ron Johnson, R-Wis., on Tuesday slammed Democrats for conditioning Homeland Security Department funding on a requirement that federal immigration agents must obtain judicial warrants to carry out key enforcement activities. Johnson, in…
