A Facebook sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Meta may be banned from operating in China, but the company is finding plenty of growth coming from the world’s second-biggest economy. In its third-quarter earnings report …

People shop along Broadway in Manhattan on July 27, 2023 in New York City. Spencer Platt | Getty Images The U.S. economy likely turned in another strong performance heading into the final part of the year, though what’s ahead could be significantly different. Gross domestic product, or the sum of …

Arvind Krishna, IBM’s chair and CEO, during an interview in New York on May 1, 2023. Christopher Goodney | Bloomberg | Getty Images IBM shares rose 1% in extended trading Wednesday after the technology conglomerate announced third-quarter results that exceeded Wall Street estimates. Here’s how the company did, compared to …

Endeavor Group Holdings, the talent agency and sports company run by Ari Emanuel, said Wednesday it would start exploring strategic alternatives, which could mean a potential sale. The stock jumped more than 24% in after-hours trading. “Given the continued dislocation between Endeavor’s public market value and the intrinsic value of …

A Life Time Group Holdings sign at the New York Stock Exchange on Oct. 7, 2021. Source: NYSE Life Time Group shares plummeted 15% Wednesday after the company’s third-quarter results revealed higher spending to boost the premium member experience. The cost of running its fitness centers, including new and ramping …

Saudi Finance Minister Mohammed al-Jadaan on Wednesday discussed his country’s efforts to de-escalate what he called “recent events” in the Middle East region, without naming any of the parties involved.  “Our sympathy goes to those who are suffering, civilians, civilian casualties wherever they are, and international law needs to be …

Nurphoto | Nurphoto | Getty Images As mortgage rates reached a 23-year high last week, the cry went off across markets and social media: Is housing affordability dead? Has a version of the American dream — home ownership, kids, backyard barbecues — died with it? The question is sharp because …

FTX founder Sam Bankman-Fried will take the stand to testify in his own defense, his attorney said in a conference call Wednesday. The decision by his legal team sets him up for a cross-examination by federal prosecutors, who will be able to press him on the collapse of his crypto …

An employee looks for items in one of the corridors at an Amazon warehouse. Carlos Jasso | Reuters Amazon warehouse workers are suffering physical injuries and mental stress on the job as a result of the company’s extreme focus on speed and pervasive surveillance, according to a new study. The …

Republican Rep. Mike Johnson of Louisiana was elected speaker of the House of Representatives on Wednesday, ending a three-week leadership crisis that has paralyzed Congress. Vice chairman of the House Republican conference and a hard-right conservative, Johnson had maintained a low public profile until he was thrust into the spotlight …