Jul 1, 2025 | Markets
Medical technology company Brainlab postponed its initial public offering in Frankfurt on Tuesday after some investors withdrew their orders, according to people familiar with the matter, the latest deal to be shelved as Europe’s market for new listings remains...
Jul 1, 2025 | Markets
US auto sales are losing momentum after a springtime surge fueled by shoppers racing to buy cars before President Donald Trump’s auto tariffs drove up prices. General Motors Co. said deliveries rose 7.3% in the second quarter, as industrywide demand cooled following a...
Jul 1, 2025 | Markets
US factory activity contracted in June for a fourth consecutive month as orders and employment shrank at a faster pace, extending the malaise in manufacturing. The Institute for Supply Management’s manufacturing index edged up 0.5 point last month to 49, according to...
Jun 30, 2025 | Markets
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg announced a major restructuring of the company’s artificial intelligence group, including a commitment to developing AI “superintelligence,” or systems that can complete tasks as well as or even better than...
Jun 27, 2025 | Markets
A wave of big initial public offerings is building as emerging growth companies stay private for longer and bulk up their valuations through secondary stock sales. “I don’t know if it’s here forever, but I think you are winding up a coil,” said John Collmer, global...
Jun 27, 2025 | Markets
U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead of the Trump administration’s tariffs faded, while monthly inflation maintained a moderate pace of increase. The Commerce...
