U.S. stock indexes sagged on Tuesday as rising Treasury yields impacted rate-sensitive sectors, while investors evaluated earnings to assess the health of American companies.
Read More Wall Street tumbles as yields jump; Verizon slides
Tag: Amazon.com
Amazon workers to join Teamsters’ strikes against unfair labor practices in US
The Teamsters said its strikes against unfair labor practices were expanding, with Amazon workers across several U.S. states joining the union.
Read More Amazon workers to join Teamsters’ strikes against unfair labor practices in US
Wall St edges lower as volatile week draws to a close
Wall Street’s main indexes capped off a tumultuous week where global markets were rattled and fears of a recession in the world’s biggest economy.
Read More Wall St edges lower as volatile week draws to a close
Warner Bros Discovery to sue NBA over bid for broadcast rights, source says
The NBA rejected an offer from TNT – ending four decades of partnership – and announced new agreements with ESPN, NBCUniversal and Amazon.
Read More Warner Bros Discovery to sue NBA over bid for broadcast rights, source says
S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
NBA nears rights deal worth $76 billion with NBC, ESPN and Amazon, WSJ reports
Sports content continues to attract a reliable and loyal audience at a time when traditional TV businesses are losing millions of subscribers to cord-cutting.
Read More NBA nears rights deal worth $76 billion with NBC, ESPN and Amazon, WSJ reports