IBM shares jump on earnings and revenue beat
Economy

IBM shares jump on earnings and revenue beat

Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images IBM shares rose 5% in extended trading on Wednesday, after the company reported second-quarter results that surpassed analysts’ predictions. Here are the key […]

Chipotle earnings and revenue top estimates, restaurant traffic rises again
Economy

Chipotle earnings and revenue top estimates, restaurant traffic rises again

A Chipotle restaurant in New York on July 3, 2023. Jeenah Moon | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as it saw higher traffic at its restaurants, bucking an industry slowdown. Shares of the company rose about 13% in extended trading before losing […]

Fed holds interest rates steady, still sees two cuts coming this year
Economy

Fed holds interest rates steady, still sees two cuts coming this year

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year. Faced with pressing concerns over the impact tariffs will have on a slowing economy, the rate-setting Federal Open Market Committee kept its key borrowing rate targeted […]

NBA may bring back iconic highlight show ‘NBA Inside Stuff’
Economy

NBA may bring back iconic highlight show ‘NBA Inside Stuff’

Ahmad Rashad and Willow Bay look on during an Inside Stuff Episode taping circa 1993 in Secaucus, New Jersey. Nathaniel S. Butler | National Basketball Association | Getty Images The NBA is quietly preparing to bring back its iconic show “NBA Inside Stuff.” On Monday, the league filed two trademark applications for “NBA Inside Stuff,” […]

Unity stock jumps 17% on Apple Vision Pro partnership
Economy

Unity stock jumps 17% on Apple Vision Pro partnership

The New York Stock Exchange welcomes Unity Software Inc. as it officially begins trading, September 18, 2020,NYSEUnity shares surged 26% after Apple on Monday said it’s working with the game-development software maker as part of the release of its Apple Vision Pro headset. The announcement let to a brief halting in Unity trading and led… […]