Plummet

Houston, we seem to have a problem. Getty Images Virgin Orbit's attempt to make history as the first satellite mission to launch out of the UK…

Article content (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Article content German factory orders fell in November, a reminder that the country’s manufacturers are still…

The new homes market has reverted to the level it was at three years ago. In the third quarter of this year, sales of new homes fell by 25% in comparison with the previous quarter, and by 40% in comparison with the third…

A vial of the Moderna coronavirus disease (COVID-19) booster vaccine targeting BA.4 and BA.5 Omicron sub variants is pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, September 8, 2022.Hannah Beier | ReutersModerna on Thursday…

Amazon warned consumer spending was in “uncharted waters” as it issued revenue forecasts well below Wall Street expectations, sending its shares down nearly 13 per cent after-hours and deepening the sense of gloom hanging over the…

The fortunes of Snap co-founders Evan Spiegel and Bobby Murphy are disappearing just as fast as they were made.Shares of Snap plunged after it reported its slowest quarterly sales growth ever. After the latest decline, Spiegel, 32, the…

European carmakers could see quarterly output drop by more than 1 million vehicles starting late this year as soaring energy costs weigh on the supply chain, according to a report. Parts shortages and supply bottlenecks are likely to weigh…

Tesla’s shares dropped the most in four months after the carmaker blamed a disappointing deliveries report on shipment issues that increased the number of vehicles on their way to customers as the quarter ended.The maker of Model 3 sedans…

© Reuters. By Ambar Warrick  Investing.com-- Asian stock markets logged sharp losses on Wednesday, tracking similar declines on Wall Street after higher-than-expected U.S. inflation data pointed to more steep interest rate hikes by…

Bed Bath & Beyond shares tumbled more than 45 per cent in after-hours trading on Thursday after Ryan Cohen, one of the company’s largest shareholders, sold his entire stake in the homeware retailer.RC Ventures, Cohen’s investment…