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Flexport Buys Shopify Logistics Operations, Sets Up Rivalry With Amazon

Sale of Deliverr and 6 River Systems effectively ends its bid to run its own logistics operation for its merchant customers ....

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PacWest, First Horizon, Qualcomm, Synaptics, SolarEdge, and More Stock Movers

PacWest says deposits are rising and that it s in ongoing discussions with partners and investors, First Horizon s merger deal with TB Bank is mutually terminated, Arconic will be bought by Apollo Global Management, and Paramount slashes its dividend. ....

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Shopify Surges on Surprise Profit, Plans to Cut 20% of Staff, and Sale of Logistics Business

Wall Street had expected the e-commerce software company to post a fiscal first-quarter loss. ....

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National Instruments, Tesla, Bed Bath & Beyond, and More Stock Market Movers

Emerson Electric reaches a deal to acquire National Instruments for $60 a share, American Airlines issues a lukewarm earnings outlook, and Tesla shares trade higher. ....

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