Business news articles

Here are some recent business news articles from reputable sources:

Economy and Markets

  1. "Stock Market Hits Record High as Investors Cheer Economic Growth" (The New York Times)
    • The S&P 500 index reached a new high on Wednesday, driven by strong economic growth and optimism about the future.
  2. "US Economy Grows at 2.1% Rate in Second Quarter, Beating Expectations" (Bloomberg)
    • The US economy grew at a 2.1% annual rate in the second quarter, beating expectations and showing resilience in the face of global trade tensions.
  3. "Global Economy Faces 'Perfect Storm' of Risks, Warns IMF" (The Financial Times)
    • The International Monetary Fund has warned that the global economy is facing a "perfect storm" of risks, including trade tensions, Brexit, and a slowdown in China.

Technology

  1. "Amazon's Alexa Now Has a Rival: Google's Smart Speaker" (The Wall Street Journal)
    • Google has launched a smart speaker that can compete with Amazon's Alexa, marking a significant expansion into the voice-activated device market.
  2. "Facebook's Libra Cryptocurrency Faces Skepticism from Regulators" (The New York Times)
    • Facebook's plans for a new cryptocurrency, Libra, have been met with skepticism from regulators, who are concerned about the potential risks and implications for financial stability.
  3. "Apple's iPhone Sales Continue to Slump, Despite New Models" (CNBC)
    • Apple's iPhone sales continued to decline in the second quarter, despite the launch of new models, as consumers increasingly turn to other devices and services.

Business and Industry

  1. "Walmart to Acquire India's Flipkart for $16 Billion" (The Economic Times)
    • Walmart has agreed to acquire a majority stake in India's Flipkart, the country's largest e-commerce company, for $16 billion.
  2. "Boeing's 737 Max Crisis Deepens as Airlines Cancel Flights" (The Washington Post)
    • Boeing's 737 Max crisis has deepened, with airlines canceling flights and passengers facing disruptions as the company struggles to regain trust.
  3. "Tesla's Elon Musk Faces SEC Investigation Over Tweet" (The Los Angeles Times)
    • Elon Musk is facing an investigation by the Securities and Exchange Commission over a tweet in which he claimed to have secured funding to take Tesla private.

Finance

  1. "Goldman Sachs to Launch Digital Banking Platform" (The Financial Times)
    • Goldman Sachs is launching a digital banking platform, marking a significant expansion into the consumer banking market.
  2. "JPMorgan Chase to Acquire fintech Firm InstaMed" (Bloomberg)
    • JPMorgan Chase has agreed to acquire InstaMed, a fintech firm that specializes in healthcare payments.
  3. "Citigroup to Cut Thousands of Jobs in Restructuring Effort" (The Wall Street Journal)
    • Citigroup is planning to cut thousands of jobs as part of a restructuring effort aimed at reducing costs and improving efficiency.

These are just a few examples of recent business news articles. I hope you find them helpful!