PayPal shares plummeted over 18% after the company posted disappointing fourth-quarter results, issued a downbeat profit forecast, and announced Enrique Lores as its incoming CEO, replacing interim leadership.
Payward, the parent company of crypto exchange Kraken, reported a 33% jump in full-year adjusted revenue, driven by a surge in trading volume and a new multi-brand corporate structure separating consumer products from core infrastructure.
As tax season opens, the U.S. Treasury Department forecasts significantly larger refunds for the majority of American households, citing recent tax code changes including enhanced child credits and a doubled standard deduction.
Somaliland's President tells Reuters he anticipates a swift trade agreement with Israel, the first nation to recognize its independence, with critical minerals like lithium on the table in exchange for technology and investment.
French prosecutors have urged an appeals court to confirm a ruling that found far-right officials guilty of misusing EU funds, a decision that could bar Marine Le Pen from next year's presidential race.
Israeli Prime Minister Benjamin Netanyahu convened with senior U.S. diplomat Steve Witkoff and top Israeli security officials on Tuesday, as Washington and Tehran prepare for a critical round of nuclear negotiations in Turkey this Friday.
A middle school art teacher in southern France is fighting for her life after being stabbed multiple times by a teenage pupil during a lesson, reigniting national debates on school safety and youth violence.
Bill Stevenson, the 77-year-old former spouse of Dr. Jill Biden, has been formally charged with first-degree murder in the death of his wife Linda, following a grand jury indictment. The case stems from a late December domestic incident at their New Castle County residence.
Porsche's ambitious electric vehicle plans face a potential major setback as the German automaker considers shelving the development of its electric Boxster and Cayman models, sources tell Bloomberg. The move underscores the mounting financial and strategic challenges confronting even premium brands in the rapidly evolving EV market.
Debra K. Osteen's return to the helm of Acadia Healthcare coincides with mounting pressure from activist investor Engine Capital for a strategic review, setting the stage for a pivotal period that could reshape the behavioral health giant's future.
Despite holding the only NRC-approved small modular reactor design in the U.S., NuScale Power faces a critical juncture. The collapse of its flagship Carbon Free Power Project has cast a shadow, turning investor focus from technological promise to the hard economics of securing a first large-scale, financeable contract.
Moderna forges a key partnership with Recordati to advance a therapy for propionic acidemia, while appointing a new Chief Development Officer as part of its strategic expansion beyond its COVID-19 vaccine roots.
The connected fitness pioneer is reducing its workforce as part of a broader $100 million cost-saving initiative, responding to persistent revenue declines and a shrinking subscriber base since its pandemic-era peak.
Darden Restaurants is winding down its Bahama Breeze brand, closing 14 locations and converting another 14 to other concepts within its portfolio, as the casual dining sector continues to face significant headwinds.
The U.S. Treasury Department is finalizing a general license that would permit companies to resume pumping oil in Venezuela, a significant step in the administration's strategy to revive the country's crippled energy sector following the ouster of Nicolás Maduro.
Private mortgage insurer MGIC Investment Corporation (MTG) reported robust fourth-quarter and full-year 2025 results, driven by disciplined risk management and a fortified capital position. While forecasting a flat insurance-in-force market for 2026, the company highlighted strategic reinsurance moves and significant capital returns to shareholders.
Amid market turmoil following Kevin Warsh's nomination to lead the Federal Reserve, seasoned investor George Noble argues traders have misjudged the nominee as a hawk. He contends Warsh's dovish leanings will instead accelerate the monetary trends that have powered gold and silver to record highs.
With Social Security's trust fund projected to face insolvency by 2032, personal finance author Ramit Sethi argues that eliminating the wage cap on payroll taxes is an essential starting point for shoring up the vital program, which provides over half the income for nearly half of senior women.
As 2026 contribution limits are set, we analyze the potential ten-year outcome of a single year's maximum 401(k) investment, illustrating the power of compound growth for retirement savers.
A Senate investigation has revealed that Credit Suisse held hundreds of accounts linked to the Nazi regime, a finding brought to light following its acquisition by UBS. The discovery prompts a deeper congressional examination of Swiss banks' historical ties.
