GlobalFoundries CEO: We're sold out of semiconductor chip capacity through 2023
"I think for the better part of the next five to 10 years, we're going to be chasing supply not demand," GlobalFoundries CEO Caulfield said.
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American Airlines reduces flight cancellations but staffing challenges continue to disrupt travel
American cancelled hundreds of additional flights on Monday after more than 1,500 over the weekend.
Automaker Stellantis offering buyouts to pension-eligible U.S. salaried workers
To be eligible, employees must be at least 55 years old and have been with the company for 30 years or be at least 58 years old with 10 years of employment.
Yellen says she has discussed Fed chair with Biden, praises Powell for doing a 'good job'
Treasury Secretary Janet Yellen said she has discussed with President Joe Biden how he should proceed on naming a Federal Reserve chairman.
Amazon plans to launch its first internet satellites in late 2022
Amazon aims to launch its first Project Kuiper internet satellites in the fourth quarter of 2022, the company announced Monday.
Treasury yields start the week higher with Fed meeting in focus
U.S. Treasury yields rose on Monday morning, as investors look ahead to the two-day Federal Reserve meeting later in the week.
Covid vaccines for kids are coming soon — some families are counting the minutes
The FDA authorized the doses for kids 5 to 11 on Friday, and a CDC panel is expected to issue a recommendation on the doses Tuesday.
Kids Covid vaccination program will be 'fully up and running' next week, White House says
"Starting the week of Nov. 8, the kids vaccination program will be fully up and running," White House coronavirus response coordinator Jeff Zients said.
Watch now: ETF Edge on the active-passive divide with an outperforming manager
Mark Zuckerberg says a new skin-like material could support metaverse ambitions
Scientists at Meta, have developed a new material and a touch sensor that they claim have the potential to support the development of a so-called metaverse.
Amazon lifts mask mandate for fully vaccinated warehouse workers
Starting on Tuesday, Amazon will no longer require fully vaccinated U.S. warehouse employees to wear masks at work.
In one of the most volatile markets in decades, active fund managers underperformed again
Of the nearly 3,000 active funds Morningstar analyzed, only 47% survived and outperformed their average passive counterpart in the 12 months through June 2021.
Coca-Cola buys full control of Bodyarmor for $5.6 billion in its largest-ever brand acquisition
Coca-Cola announced it has bought full control of sports drink maker Bodyarmor for $5.6 billion, making it the company's largest brand acquisition to date.
American Airlines cancels more than 1,400 weekend flights, citing weather and staffing issues
American Airlines has canceled more than 1,700 flights since Friday, blaming weather and staffing constraints.
Stocks making the biggest moves in the premarket: Harley-Davidson, Spotify, Trivago and more
The stocks making the biggest moves in premarket trading include Harley-Davidson, Spotify, Trivago, and more.
Inflation notches a fresh 30-year high as measured by the Fed's favorite gauge
Annual inflation rose at its fastest pace in more than 30 years during September despite a decline in personal income.
Biden rallies world leaders at G-20 to help address global supply chain issues
The world's supply chain is bearing the brunt of surging consumer demand, labor shortages and overseas manufacturing delays, all amid a relentless pandemic.
'Venom 2,' 'No Time to Die' fueled October ticket sales, leading to best box office month of 2021
October had the best ticket sale haul at the domestic box office of any month in 2021.
Moderna says FDA needs more time to review its Covid vaccine for teens
Moderna said the FDA needs more time to complete its review of its Covid-19 vaccine for 12-to-17-year-olds before granting emergency use authorization.
Lawyer for former N.Y. Gov. Cuomo serves preservation of evidence notice to Albany County sheriff
Cuomo's personal attorney is requesting Albany County Sheriff Craig Apple Sr. preserve "everything" relating to his office's investigation of the Democrat.
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