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Market News

October 27, 2021
Sweden’s Cint Group to Buy U.S. Analytics Firm for $1.1 Billion
Swedish market research firm Cint Group AB agreed to buy U.S. analytics company Lucid Holdings LLC for about $1.1 billion to expand its foothold in...
October 27, 2021
Rent the Runway Climbs Back From Pandemic With $357 Million IPO
October 27, 2021
U.S. Works to Keep Russia Mission Running With Staff Down 90%
The U.S. has cut its diplomatic staff in Russia by about 90% in the last four years, paring back to only the most basic services, according to a...
October 27, 2021
ABC Carpet to Stay in Business Thanks to Bankruptcy Sale
October 27, 2021
Universal Music Says Sales Grew 16% in First Report After IPO
Universal Music Group NV, which was spun off from Vivendi SA last month, said third-quarter sales grew 16%, posting growth in recording, licensing...
October 27, 2021
Boeing Tracks Faulty Parts From ‘Sub-Tier’ Dreamliner Supplier
Boeing Co. executives provided few clues about when the company expects to resume 787 Dreamliner deliveries during an earnings call Wednesday,...
October 27, 2021
Manchin Joins Skeptics of Proposal to Tax Billionaires’ Assets
Senator Joe Manchin says he’s not yet on board with a proposed billionaire income tax and instead is offering his own proposal to expand a minimum...
October 27, 2021
Ex-Barclays Banker Azar Sees More SPAC Scrutiny After Crackdown
Former Barclays Plc banker Makram Azar, who listed his special-purpose acquisition company last year to scout for European tech unicorns, warned...
October 27, 2021
McDonald’s, Coca-Cola Jump as Consumer Price Hikes Take Hold
Prices on virtually all types of food and consumer goods are going up -- and many Americans don’t seem to mind.
October 27, 2021
U.K. Surcharge Cut Shields Banks From Corporation Tax Rise
Chancellor of the Exchequer Rishi Sunak confirmed in Wednesday’s budget that a levy on U.K. bank profits would drop from 8% to 3% from 2023 to...