Latest Market News

Oct 07
Amazon to hire 150,000 workers for holiday season and pay average of $19 an hour

Amazon.com Inc. AMZN, -0.54% said Thursday it plans to hire 150,000 workers to help it get through this year’s holiday season, with roles spanning packing and picking to sorting and shipping. The company said it will pay $3,000 sign-on bonuses in certain markets, and will pay on average $19 an hour. Interested candidates can see […]

Oct 07
McCormick’s stock set to fall after profit miss as margins contracted

Shares of McCormick & Co. Inc. MKC, -1.20% were indicated down less than 1% in premarket trading Thursday, after the spices and seasonings mix company reported fiscal third-quarter profit that fell short of expectations, amid continued supply chain challenges and as recovery of certain constrained materials took longer than anticipated. Net income rose to $222.9 […]

Oct 07
MakerDAO goes ahead with $500M investment in treasuries and bonds

$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide … Source: Cointelegraph

Oct 07
Apollo, Sixth Street not part of of Elon Musk’s Twitter debt deal: Reuters

Apollo Global Management Inc. APO, -1.20% and Sixth Street Partners LLC are not moving ahead with talks to help finance Elon Musk’s $44 billion acquisition of Twitter Inc. TWTR, -3.72%, Reuters reported. Musk replied, “correct” on Twitter when answering queries about whether the two lenders are absent from the $7.1 billion in third-party equity financing […]

Oct 07
Former SEC chair Jay Clayton joins Amex board

Jay Clayton, who formerly chaired the Securities and Exchange Commission, has joined the board of directors at American Express Co. AXP, -1.38%, the card company announced Thursday. “Jay’s deep regulatory and legal expertise and knowledge in financial markets, along with his extensive experience advising organizations on corporate governance matters, will make him a tremendous asset […]

Oct 07
Marathon Digital stock gains after nearly 360 bitcoin produced in September, with many more miners coming online

Shares of Marathon Digital Holdings Inc. MARA, +2.02% climbed 1.3% in premarket trading Thursday, after the cryptocurrency miner said it produced 360 bitcoin BTCUSD, -0.25% in September, or nearly 60% of the 616 bitcoin produced during the third quarter. The company said the improved bitcoin production has continued into October, with about 19,000 additional miners […]