On Thursday, PayPal Holdings Inc. predicted full-year profit would surpass Wall Street expectations, but it also cautioned against pressure on discretionary spending and announced that Chief Executive Dan Schulman would step down at the end of 2023.   American consumers are beginning to feel...

After alarmed clients fled in large numbers, Credit Suisse Group announced its worst annual loss since the global financial crisis of 2008 and issued a warning that this year would see another "substantial" loss.   Having been hit by scandal after scandal, the bank experienced a sharp...

MSCI, the financial index provider, announced on Thursday that a few of the Adani securities should no longer be assigned as free float, following market participants' worries about the Indian conglomerate's companies' eligibility for some of its indexes.   Billionaire tycoon...

In order to combat password sharing for accounts on its streaming service, Netflix Inc. outlined plans that included setting up a primary location and charging a few dollars for an additional member.   The video streaming giant claimed that users can now easily control who has access to...

Alphabet Inc's market value decreased by $100 billion this week as a result of its new chatbot providing false information in a promotional video and a lackluster corporate event, fueling concerns that the Microsoft Corp. rival is gaining ground on Alphabet Inc.   During regular...

Even as shipping company A.P. Moller-Maersk announced record earnings for 2022, it also issued a caution on Wednesday that less violume of containers and lower freight rates would result in a four-fold decline in profits for the company in 2023.    The...

Microsoft Corp said on Tuesday that it is revamping its Bing search engine and Edge Web browser with artificial intelligence, signaling its desire to retake the lead in consumer technology markets where it has lagged.   The maker of the Windows operating system is betting billions of dollars...

The crisis engulfing the Adani Group grew worse on Monday, with hundreds of members of India's opposition parties taking to the streets to demand an investigation into allegations made against the conglomerate by a U.S. short-seller, which triggered the market rout.   Shares in billionaire...

Alphabet Inc, the parent company of Google, announced on Monday that it will launch a chatbot service and more artificial intelligence for its search engine as well as developers, in response to Microsoft Corp's rivalry to lead a new wave of computing.   Meanwhile, Microsoft announced its...

Apple Inc forecasted on Thursday that revenue would fall for the second quarter in a row, but that iPhone sales would likely improve as production in China returned to normal following COVID-related shutdowns.   While CEO Tim Cook expressed optimism about service and iPhone sales, he also...

Stock price of India's Adani Group of companies fell further in Mumbai on Friday, resulting the total market value of the group dropping to less than $100 billion. This rout in the stock market for the conglomerate happened following a crucial and damning report...