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The Latest Breaking News on Business

Nat-Gas Prices Weighed Down by Warm US Spring Temps

April Nymex natural gas (NGJ25 ) on Monday closed down -0.066 (-1.66%). April nat-gas prices on Monday fell to a 3-week low and settled moderately lower on the outlook for warm early spring temperatures to reduce heating demand for nat-gas. Commercial forecaster Maxar Technologies said forecasts shifted warmer from the...

Barchart

Hudson’s Bay liquidation: What happens when a company goes bankrupt?

An Ontario court has approved the liquidation of nearly all Hudson’s Bay Company’s stores, marking the end of Canada’s oldest company, which has been in operation for 355 years. The liquidation is set to begin March 24, and will continue until June 15, leaving only six stores in operation.

The Conversation

Wells Fargo says home sales aren't far off from levels seen in the wake of the Great Recession

"The tepid pace of home sales can not be blamed on a recession," Wells Fargo economists wrote.

Fortune

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'Should I Delete My 23andMe Data?': What Happens If You Don't and Why The Company's Gone Bankrupt

As 23andMe files for bankruptcy, experts urge users to delete their DNA data amid fears it could be sold to new buyers under relaxed privacy terms.

International Business Times UK

Genetic Testing Firm 23andMe Files For Bankruptcy

Pioneering US genetic testing company 23andMe has filed for bankruptcy and is looking for a buyer two years after hackers gained access to millions of profiles. 23andMe, which sells a mail-back saliva test to determine ancestry or certain health-related genetic traits for less than $200, said late Sunday that it…

International Business Times

Stellantis Paying Employees Up to $72,000 to Quit

Certain Stellantis employees in the United States could earn a big payout if they quit in the coming weeks. The automaker is offering hourly UAW employees up to $72,000 and six months of medical benefits if they take the offer.

Motor1

American genetic testing firm 23andMe files for bankruptcy as orders fall

The company announced the decision late on Sunday amid concerns about the security of millions of customers' genetic data.

Euronews

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23andMe files for Chapter 11 bankruptcy as co-founder and CEO Wojcicki resigns

23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs

The Independent UK

23andMe users urged to delete their data as company files for bankruptcy

The California Attorney General is urging 23andMe users to ask the company to delete their data and destroy any samples of genetic material.

Fortune

The European Commission Is Assaulting American Tech Companies

Meta, Apple, Microsoft, and others have all faced legal action from the European Union in recent years.

Reason

This company does peer performance reviews—And then lets everyone read each other's evaluations

It may seem radical but employees say it’s helped them improve their ability to provide constructive feedback.

Fortune

23andMe files for bankruptcy in US after data hack and heavy financial losses

The company’s CEO has also resigned with immediate effect

The Independent UK

3 ETFs to Ride the VIX Surge During Market Volatility

With investor uncertainty comes an opportunity to invest in ETFs targeting the VIX—the fear index—although these funds carry unusual risks.

MarketBeat

Millennial and Gen Z credit scores are the latest sign of the 'vibecession.' Their credit scores will keep going up, Open Credit, TransUnion report shows

This could be a good sign for borrowers since lenders have historically been “hesitant” to extend loans to thin-file or low-credit consumers.

Fortune

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Barchart

Economic Growth Data, PMI Reports and Other Can't Miss Items this Week

Last week saw markets navigate the triple witching expiration amid continued focus on trade tensions and the Federal Reserve's latest policy projections. Here are 5 things to watch this week in the Market.

The Guardian - UK

DNA testing firm 23andMe files for bankruptcy as CEO steps down

Co-founder Anne Wojcicki to pursue independent bid as California attorney general tells users to delete data

Evening Standard

23andMe: DNA testing kit firm files for bankruptcy in US

Genetics company seeking a buyer amid financial struggles, with CEO Anne Wojcicki resigning to potentially bid for the company

International Business Times

Brazil's Lula To Build Trade Ties On Japan State Visit

Brazil's president starts a four-day state visit to Japan on Monday, accompanied by a 100-strong business delegation as US tariffs push the countries to nurture trade ties elsewhere.

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Fortune

The F-47 stealth fighter will likely be the 'most important defense decision' of Trump's entire term, retired Air Force general says

Trump said at the White House on Friday that Boeing beat out Lockheed Martin on an award that could eventually yield hundreds of billions of dollars.

Barchart

Intel’s New CEO Wants to Save Its Failing AI Chip Business. Is It Time to Double Down on INTC Stock?

Down 65% from all-time highs, Intel is a beaten-down tech stock that remains a high-risk investment. Can its new CEO save the failing chip maker?

MarketBeat

MarketBeat Week in Review – 03/17 - 03/21

Stocks gained after the Fed meeting but drifted lower after disappointing guidance from FedEx; next week's inflation data is unlikely to provide needed clarity

TechRadar

Consumers are warming up to AI assistants, survey finds - 1/3 of us would allow AI to make purchases

AI shopping assistants are helpful, but trust is missing, even if it promises better deals.

The Independent UK

Inside the fight in small-town Maine where Trump’s tariffs are having a major impact on parking

The town of York initially ordered 17 kiosks from MacKay Meters, which is a Quebec-based company, but has been forced to reduce the order to 13

InsideEVs

Tesla Cybertruck Sales Are Falling Off

The Tesla Cybertruck may be America's best-selling electric truck, but lately, it's not doing so hot. On Thursday, Tesla said it was recalling over 46,000 of the trucks—basically every one it's ever made—to fix trim panels that are prone to flying off while the vehicle is in motion. On top of that,…

The Guardian - US

Exclusive: 20% of Americans support boycott of firms aligning themselves with Trump agenda

New poll also shows that a significant share of Americans will avoid companies that drop social-inclusion policies

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People

Luiz Inacio Lula da Silva

Gabriel OsorioMazilli

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