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After Branson flight, Virgin Galactic slumps on stock sale

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Virgin Galactic shares veered sharply lower Monday after the spaceflight company said it’s made arrangements to sell up to $500 million in stock. ...

GameStop raises almost $1.13B in latest stock offering

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GameStop raised more than $1 billion in its latest stock sale, capitalizing on a newly arrived and fervent army of online investors. ...

GameStop names Amazon veterans as CEO, finance chief

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NEW YORK — GameStop, the video-game retailer whose manic stock movements captivated Wall Street this year, said Wednesday that it’s brought on a pair...

Meme stock cash out: AMC selling 8.5M shares, raises $230.5M

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The movie theater chain AMC is raising $230.5 million through an 8.5 million share sale, cashing in on the meme stock frenzy that has...

As pandemic spread pain and panic, congressman chased profit

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WASHINGTON — In the early days of the pandemic, New Jersey Rep. Tom Malinowski scolded those looking to capitalize on the once-in-a-century health crisis....

Retailer results so far show people are going out, spending

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NEW YORK — At Walmart, sales of teeth whitener are popping as customers take their masks off. So are travel items. Macy's says that...

Buffett’s firm sells off financials, halves Chevron stake

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OMAHA, Neb. — Investor Warren Buffett's company pared back its holdings in financial firms further during the first quarter and also halved its new...

Meituan’s stock price plunges after CEO posts Chinese poem

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SINGAPORE — Shares in Meituan, China’s largest food delivery platform, have tumbled after its CEO posted —and then deleted — an ancient poem in...

CN makes $33.7B bid for Kansas City Southern

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A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway. ...

Northeast banks Webster, Sterling to merge in all-stock deal

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NEW YORK — Webster Financial Corp. is buying Sterling Bancorp in an all-stock deal that values Sterling at more than $5 billion, the northeastern...