Business

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After getting a bump last week, shares of Trump Media and Technology Group (Nasdaq: DJT) are falling once again, nearing the lowest point since the parent company of Trump’s Truth Social platform went public via a special purpose acquisition company (SPAC) merger in March. Most Read from Fast Company Shares …

Dividend stocks could soon get a closer look from investors. That’s because the Federal Reserve is expected to cut rates on Wednesday, beginning a new cycle of lower rates, which will bring down Treasury yields and interest rates on savings accounts. That process makes dividend stocks more attractive. Dividend stocks …

Boeing (BA) stock hovered near 52-week lows on Tuesday after the planemaker’s largest union went on strike last week and analysts estimated that the company could lose over $100 million per day amid the work stoppage. Members of the International Association of Machinists and Aerospace Workers (IAM) went on strike …

Boeing (BA) is looking to quickly settle a labor dispute after the planemaker’s largest union went on strike last week and analysts estimated that the could lose over $100 million per day amid the work stoppage. Boeing is “ready to hammer out an agreement,” a source familiar with the negotiations …

By Noel Randewich (Reuters) – Shares of Donald Trump’s media company fell for a second session on Tuesday ahead of the end of restrictions on share sales by the former U.S. president and other insiders. Trump Media & Technology Group, which is 57% owned by the Republican presidential candidate, fell …

(Bloomberg) — Intel Corp. shares surged for the second straight day after the troubled chipmaker made a raft of announcements, spurring optimism that a turnaround plan is starting to bear fruit. Most Read from Bloomberg In the most notable move, the company struck a multibillion-dollar deal with Amazon.com Inc.’s Amazon …

FuelCell Energy (NASDAQ: FCEL) stock popped 9.3% through 11:10 a.m. ET Tuesday on some curious news — news that at first glance didn’t seem to have much to do with FuelCell. Over in Turkey, bus manufacturer Karsan announced plans to launch a hydrogen fuel cell bus powered by Toyota (NYSE: …

Utility companies have been under pressure from high inflation in recent years, facing both customer pushback over rising prices and the burden of higher interest rates, which have driven up credit costs, further adding to the providers’ debt burden. Utility investors can take heart, however, as long-term trends are bullish …

By Ann Saphir (Reuters) – Traders on Tuesday kept bets the Federal Reserve will start an expected series of interest rate cuts with a half-percentage-point move downward on Wednesday, an expectation that may itself put pressure on central bankers to deliver just that. Futures tied to the Fed policy rate …