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UPS Climbs Most Since 2022 as Cost Cuts Spur UBS Upgrade

United Parcel Service Inc. rose the most in more than a year after UBS Group AG upgraded the courier to buy, predicting the company will continue to rein in… ....

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Snap Reports Disappointing Revenue During Ad Slump; Shares Plunge

Snap Inc. shares plunged more than 30% after the parent company of the Snapchat app reported disappointing revenue in the holiday quarter as it continues to… ....

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ByteDance's China Chief Resigns After CEO Seeks Greater Urgency

The head of ByteDance Ltd.’s China operations is stepping down, a week after Chief Executive Officer Liang Rubo said the company needed to avoid complacency… ....

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NYCB Fails to Reassure Investors After Shares Hit 27-Year Low

New York Community Bancorp shares, which touched a 27-year low on Tuesday, extended that decline after company executives tried to reassure investors that its… ....

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Ford Reveals Plans for Small, Cheap EVs After Earnings Beat

Ford Motor Co. is working on inexpensive, small electric vehicles to stem its electric vehicle losses and take on Tesla Inc. and Chinese automakers. • None… ....

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