business news
Cloudflare pops 10% as AI agent wave led by viral Moltbot boosts security demand
Samuel Boivin | Nurphoto | Getty Images Cloudflare‘s stock rallied 10% Wednesday after the company beat Wall Street’s fourth-quarter estimates and issued upbeat guidance as artificial intelligence adoption fuels demand for its networking and security tools. In an earnings call with analysts Tuesday, CEO Matthew Prince said the rise of AI and agentic tools that […]
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Scripps launches cost cutting, AI integration in latest effort to generate earnings growth
FILE PHOTO: E.W. Scripps Co. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, June 3, 2016. Michael Nagle | Bloomberg | Getty Images E.W. Scripps is setting into motion what it calls a transformation plan for the broadcast station company — […]
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Oil rises 2% on US–Iran tensions, improved demand
Oil held steady on Wednesday as U.S.–Iran talks continued, with lingering geopolitical uncertainty helping to underpin prices. Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images Oil prices gained about 2% on Wednesday, buoyed by potential supply risks should tensions between the U.S. and Iran escalate, while draws of crude from key stockpiles suggested […]
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Shopify stock drops despite revenue beat, $2 billion buyback
An employee works at Shopify’s headquarters in Ottawa, Ontario in Canada. Chris Wattie | Reuters Shopify on Wednesday reported fourth-quarter results that beat on the top line and gave strong guidance to start the year. The stock slid more than 3%. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings […]
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Property Play: Delinquencies in commercial mortgage-backed securities are on the rise. Here’s what’s happening
Key Points Delinquencies in commercial mortgage-backed securities rose again in January, up 17 basis points from December to 7.47%, according to Trepp. The increase was driven by the beleaguered office sector, which has a lot of distressed properties to work through but is seeing improvements in fundamentals. The rate increase was driven by two exceptionally […]
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After GOP rebellion, House set for Wednesday vote on Trump’s Canada tariffs
U.S. President Donald Trump speaks with the media before boarding Marine One for travel to Florida from the South Lawn of the White House in Washington, D.C., U.S., Feb. 6, 2026. Leah Millis | Reuters The House is slated to vote Wednesday on a resolution disapproving of President Donald Trump’s tariffs against Canada, in what […]
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Apptronik raises $520 million to beat Chinese humanoids, Tesla Optimus to market
Apptronik has raised $520 million in funding at a $5 billion valuation as the startup aims to commercialize its humanoid Apollo robots, potentially beating Chinese competitors and Tesla’s Optimus to the market. The new funding, announced on Wednesday, brings Apptronik’s series A funding round to $935 million. B Capital, chaired by Howard Morgan, co-led the […]
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U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3%
“Now Hiring” signage past recruiters as they speak to jobseekers during the WorkSource North Seattle Career Fair in Seattle, Washington, US, on Tuesday, Feb. 10, 2026. David Ryder | Bloomberg | Getty Images Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. […]
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Value is the key to McDonald’s growth plans, but it’s creating tensions with some franchisees
The restaurant sector has spent the past 18 months trying to figure out how to reach consumers in a hypercompetitive and uneven economy. McDonald’s, which is set to report earnings after the bell Wednesday, has doubled down on value messaging to customers via Extra Value Meals and Snack Wraps, which will likely help to boost […]
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FAA halts El Paso airport flights for 10 days, citing ‘special security’ instructions
El Paso International Airport Google Earth The Federal Aviation Administration abruptly grounded all flights in and out of El Paso International Airport in Texas for 10 days starting Wednesday, citing “special security” instructions. The FAA didn’t immediately say what the security reasons for the sudden halt are. The airport sits next to Biggs Army Airfield […]
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