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Market News
October 7, 2021
Samsung Profit Climbs With Strong Chip Demand, Pricey Phones
Samsung Electronics Co.’s operating profit rose more than 25% thanks to rising prices for semiconductors and surprisingly strong demand for its...
October 7, 2021
Peru Raises Key Rate Again to Curb Fastest Inflation in 12 Years
Peru tightened monetary policy for a third straight month after inflation surged to its highest rate in 12 years and political volatility roiled the...
October 7, 2021
Elon Musk Says Tesla Will Move Its Headquarters to Austin, Texas
Tesla Inc. will move its corporate headquarters to Austin, Texas, where a brand new factory for the Model Y and forthcoming Cybertruck is nearing...
October 7, 2021
Allogene Craters, Drags Down Peers on Latest Safety Concerns
Allogene Therapeutics Inc. plunges 32% in after-hours trading on Thursday after an early-stage study of its cell therapy was put on hold by U.S....
October 7, 2021
Palantir Wins $90 Million Contract With U.S. Veterans Affairs
Palantir Technologies Inc. said Thursday it won a contract with the U.S. Department of Veterans Affairs, the latest in a steady drumbeat of new...
October 7, 2021
Covid Pill Sales Could Hit $2 Billion, Drugmaker Shionogi Says
Japanese drugmaker Shionogi & Co. Ltd. said the Covid-19 pill it’s developing could be a $2 billion drug potentially used in combination with a...
October 7, 2021
Split in Mexico Opposition Opens Door for AMLO’s Power Bill Passage
Mexico’s opposition parties are at odds over how to deal with the government’s deeply nationalistic bill to return control of the electricity...
October 7, 2021
Florida Board Moves to Fine More Schools Over Mask Mandates
Florida’s State Board of Education said Thursday that authorities could move ahead with fines on some of the largest school districts because they...
October 7, 2021
Pfizer Kids Shot Moves Closer, Biden Touts Mandate: Virus Update
Pfizer Inc. and BioNTech SE asked the U.S. Food and Drug Administration to approve its Covid-19 vaccine for children ages five to 11. The U.K. eased...
October 7, 2021