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The Latest Breaking News on Business

Analog Devices Q2 Earnings Call Highlights

Analog Devices (NASDAQ:ADI) reported record fiscal second-quarter 2026 results, with revenue, profitability and earnings per share exceeding the high end of the company’s prior guidance, executives said on the company’s earnings call. Chief Executive Officer and Chair Vincent Roche said the quarter

Auna Q1 Earnings Call Highlights

Auna (NYSE:AUNA) reported stronger first-quarter revenue and cash flow across its regional healthcare platform, while adjusted EBITDA declined as the company absorbed revenue adjustments in Peru and higher payroll costs in Mexico and Colombia. Executive Chairman and President Jesús Zamora said the

US employers spend more than $1.5bn a year to fight labor unions, report finds

US employers spend more than $1.5bn a year to fight labor unions, report finds

Critics say employers spend money hiring union-avoidance consultants and lawyers while not investing in workers

The Guardian - US

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Intuit to cut 17% of global jobs to streamline operations, memo shows

Intuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial intelligence. The company is integrating AI models from startups like Anthropic and OpenAI. This follows a trend of tech companies reducing staff this year. Employees in the US will…

The Economic Times

Applied Materials Highlights AI-Driven Chip Demand, 30% Systems Growth at JPMorgan Event

Applied Materials (NASDAQ:AMAT) executives highlighted continued momentum tied to artificial intelligence-related semiconductor demand, with strength concentrated in advanced logic, DRAM and advanced packaging, during a presentation at J.P. Morgan’s 54th annual Technology, Media and Communications C

Is Wall Street Bullish or Bearish on Stryker Corporation Stock?

Stryker stock has underperformed the broader market over the past year, but analysts remain highly bullish about its prospects.

Top 5% Supply Chain AI Initiatives Achieve Breakthrough Gains, New GEP-UVA Darden Study Finds

CLARK, N.J., May 20, 2026 /PRNewswire/ -- A small elite group of companies has cracked the code on scaling AI in supply chain operations, delivering triple-digit productivity gains, faster response times and lower error rates, according to new joint research from GEP and the University of Virginia's Darden School of…

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Target books strongest sales growth in 4 years with customers buying into refreshed line up

Target, which embarked on a turnaround plan under its new CEO earlier this year, reported the biggest increase for a widely watched measure of quarterly sales in four years

Target books strongest comparable sales growth in 4 years during the first quarter

Target, which embarked on a turnaround plan under its new CEO earlier this year, reported the biggest increase for a widely watched measure of quarterly sales in four years

Google announces glasses are back and search is getting an AI makeover

Google announces glasses are back and search is getting an AI makeover

At annual I/O conference, company debuts a product for everyday consumers to create autonomous AI agents

The Guardian - US

Hyundai recalls 54,000 Elantra Hybrids in America over overheating fire risk

Hyundai recalls 54,000 Elantra Hybrids in America over overheating fire risk

The recall specifically targets certain 2024-2026 Elantra Hybrid models

The Independent UK

New study finds most Americans think the pace of AI development is moving too fast — and they also don't believe everyone will truly benefit from it

New study finds most Americans think the pace of AI development is moving too fast — and they also don't believe everyone will truly benefit from it

Most Americans are worried about the rapid pace of AI innovation – are regulators struggling to keep up now?

Home Depot profit falls, but it tops expectations in the face of growing economic uncertainty

Home Depot's results beat Wall Street's expectations in the fiscal first quarter on a strong showing from professional customers while homeowners started stocking up on some of their spring supplies

Home Depot's first quarter is driven by homeowner spring buying and professionals

Home Depot's results beat Wall Street's expectations in the fiscal first quarter on a strong showing from professional customers while homeowners started stocking up on some of their spring supplies

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The Economic Times

US Stock Market: Treasury yields surge to multi-year highs amid sticky inflation concerns

U.S. Treasury yields surged to multi-year highs as persistent inflation and interest rate uncertainty continue to pressure the bond market. Analysts suggest the selloff may persist, with investors demanding higher yields due to entrenched inflationary fears and a shift in foreign buyer dynamics.

The Economic Times

Trump discloses thousands of stock trades, some in companies directly influenced by his policies

President Donald Trump has broken tradition by actively trading stocks. His portfolio saw over 3,600 buy and sell orders in the first quarter. Many trades involved companies directly affected by his presidential decisions. This extensive trading activity contrasts sharply with previous presidents who divested or used blind trusts.

The Economic Times

Dollar at six-week high on rate-hike bets, Iran war uncertainty

The US dollar remains strong near a six-week peak, driven by inflation fears and the potential for higher interest rates due to the Iran war. This surge is pushing the Japanese yen towards intervention levels. Global bond markets are experiencing a sell-off, with US Treasury yields hitting multi-year highs.

Crude Oil Prices Slip on Diplomatic Hopes to End Iran War

June WTI crude oil (CLM26 ) on Tuesday closed down -0.89 (-0.82%), and June RBOB gasoline (RBM26 ) closed down -0.0645 (-1.72%). Crude oil and gasoline prices retreated on Tuesday after the dollar index ($DXY ) jumped to a 6-week high. Crude prices also moved lower after President Trump late...

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Microsoft finally ends using SMS codes for account sign-in — with passkeys officially taking over

Microsoft believes that the future of authentication is passwordless, secure, and user-friendly.

Eastern Economic Corridor condo prices decline again in Q1

Condo prices in the Eastern Economic Corridor (EEC) declined in the first quarter, marking a second consecutive quarterly decrease as developers accelerated stock clearance campaigns amid sluggish purchasing power and elevated unsold inventory.

The Economic Times

Could you claim up to $25,000 from this $1.2 million Farmers Insurance settlement? Here's who can receive settlement money

New Mexico drivers may be eligible for up to $25,000 from a $1.2 million Farmers Insurance settlement. The lawsuit concerns underinsured motorist coverage and premium refunds. Customers who purchased specific coverage between 2010 and 2022 can file a claim by May 26 to receive potential payouts.

Digital Camera World

GoPro just avoided an $8.2 million fee as judge rules on a decade-long patent infringement fight

GoPro’s ability to stream to mobile apps didn’t infringe on existing patents, a judge has ruled in a case that has spanned more than a decade

The Economic Times

Grok down, and when will AI chatbot be back up? Grok outage DownDetector data, Grok app and website not working error message, affected regions, users and services

Grok down, and when will AI chatbot be back up? Thousands of users reported Grok down issues in the United States on Tuesday evening. Reports on DownDetector showed a rise in complaints from 6 p.m. EDT. Users faced access issues on the app and website. Many users saw the Grok…

The Independent UK

Chick-fil-A franchise operator faces federal lawsuit over claims it refused to accommodate employee’s religious beliefs

An Austin-based restaurant refused an employee’s request not to work on Saturdays in observance of the Sabbath and fired her instead, the lawsuit claims

Is Wall Street Bullish or Bearish on Northrop Grumman Stock?

Despite Northrop Grumman's underperformance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

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