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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Online Wall Street Journal News

Uber Posts Higher Revenue and Adjusted Profit

Wed, Feb 08, 2023

The ride-hailing company beat Wall Street estimates and projected accelerated bookings growth....

Microsoft's Activision Deal Handed Setback by U.K. Regulator

Wed, Feb 08, 2023

U.K. antitrust regulators said the proposed $75 billion acquisition would further consolidate what it called Microsoft’s strong position in cloud gaming....

Warner Bros. Discovery to Keep Discovery+, in Strategy Shift

Wed, Feb 08, 2023

The decision reflects concerns that some Discovery+ subscribers might not want to move to a bigger and pricier platform....

CVS Reaches $10.6 Billion Deal to Buy Oak Street Health

Wed, Feb 08, 2023

The all-cash deal would widen CVS’s healthcare offerings and is the latest sign of the growing tie-ups between health insurers and primary-care doctors....

Beyoncé's Clothing Line With Adidas Suffers From Weak Sales

Wed, Feb 08, 2023

Revenue from the singer’s Ivy Park brand fell more than 50% last year and has been running below internal projections, documents show....

Big Tech's Growth and Innovation Slow, But Its Market Dominance Endures

Wed, Feb 08, 2023

The top U.S. technology companies are no longer big, fast-growing and ferociously innovative. Their market positions still look durable....

New White House Wage Data Show Slowing Pressure on 'Supercore' Inflation

Wed, Feb 08, 2023

The narrowed gauge tracks only wages linked to services excluding housing, food and energy....

Biden to Push Economic Message After State of the Union Speech

Wed, Feb 08, 2023

President Biden is taking the economic pitch he delivered during his address on the road, as some GOP lawmakers face criticism for heckling him....

Treasury Says Cloud Computing Poses Risks to Financial Sector

Wed, Feb 08, 2023

The department says reliance on Amazon, Microsoft or Google would have consequences in case of technical breakdowns....

Fed's Powell Braces for Longer Inflation Fight Amid Hiring Surge

Tue, Feb 07, 2023

The labor market’s surprising strength underscores why bringing inflation down will require higher interest rates than many investors have been anticipating, Fed Chair Jerome Powell said....

WSJ Online News

Uber Posts Higher Revenue and Adjusted Profit

The ride-hailing company beat Wall Street estimates and projected accelerated bookings growth....

Microsoft's Activision Deal Handed Setback by U.K. Regulator

U.K. antitrust regulators said the proposed $75 billion acquisition would further consolidate what it called Microsoft’s strong position in cloud gaming....

Warner Bros. Discovery to Keep Discovery+, in Strategy Shift

The decision reflects concerns that some Discovery+ subscribers might not want to move to a bigger and pricier platform....

CVS Reaches $10.6 Billion Deal to Buy Oak Street Health

The all-cash deal would widen CVS’s healthcare offerings and is the latest sign of the growing tie-ups between health insurers and primary-care doctors....

Beyoncé's Clothing Line With Adidas Suffers From Weak Sales

Revenue from the singer’s Ivy Park brand fell more than 50% last year and has been running below internal projections, documents show....

Big Tech's Growth and Innovation Slow, But Its Market Dominance Endures

The top U.S. technology companies are no longer big, fast-growing and ferociously innovative. Their market positions still look durable....

New White House Wage Data Show Slowing Pressure on 'Supercore' Inflation

The narrowed gauge tracks only wages linked to services excluding housing, food and energy....

Biden to Push Economic Message After State of the Union Speech

President Biden is taking the economic pitch he delivered during his address on the road, as some GOP lawmakers face criticism for heckling him....

Treasury Says Cloud Computing Poses Risks to Financial Sector

The department says reliance on Amazon, Microsoft or Google would have consequences in case of technical breakdowns....

Fed's Powell Braces for Longer Inflation Fight Amid Hiring Surge

The labor market’s surprising strength underscores why bringing inflation down will require higher interest rates than many investors have been anticipating, Fed Chair Jerome Powell said....