Dow drops 400 points as investors fret about global growth outlook

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Dow drops 400 points as investors fret about global growth outlook

U.S. stocks opened with substantial losses Wednesday, with investors shunning equities and other assets perceived as risky for havens like Treasurys and gold amid rising worries about global growth prospects. The Dow Jones Industrial Average DJIA, …
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New York Times Up to 4.7 Million Subscribers as Profits Dip

As digital revenue becomes more central to the newspaper business — and with a small boost from the launch of “The Weekly,” a television show on FX and Hulu — The New York Times Company on Wednesday reported second-quarter revenue growth of …
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HCL Tech Q1 net profit falls 8.2% to ₹2230 crore

NEW DELHI: IT major HCL Technologies on Wednesday posted a 8.2% decline in its consolidated net profit to ₹2,230 crore for the quarter ended June 30. The company had registered a net profit of ₹2,431 crore in the year-ago period as per the Indian …
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26 Sears, Kmart stores are set to close in October, company 'cannot rule out' more closures this year

More Sears and Kmart stores are set to go dark, as the brands’ new parent company, TransformCo, fights to keep the once-bankrupt business afloat. The company announced on its website Monday evening that 26 additional Sears and Kmart stores will close …
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Twitter used personal data for ad targeting without consent

Twitter has revealed it may have used some people’s personal data to target them with advertising without their permission because of issues within the platform’s settings. The social media giant said it had recently discovered issues in its website where …
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