Author: super@dmin

Electronic Arts Inc. stock dropped 3% in late trading Tuesday after the videogame publisher suggested it will start off 2022 at a slower pace than expected.

The Reserve Bank of Australia will do “what is necessary” to keep inflation within its target of 2-3% over time, Gov. Philip Lowe said, in a sign that some hawkishness might be creeping into the central bank’s narrative on interest rates.

Electric-vehicle company Faraday Future Intelligent Electric Inc. on Tuesday said it named Susan Swenson as executive chairperson, following the completion of an investigation by a special committee of independent company directors.

Tuesday’s top personal finance stories.

The company is facing lawsuits from several states on allegations of unwanted tracking.

Gilead Sciences Inc. beat Wall Street’s expectations for revenue in the fourth quarter, but the drugmaker’s earnings were hit by $2 billion in unexpected costs, most of it due to a legal settlement.

Flores is suing the NFL, New York Giants, Denver Broncos and the Miami Dolphins over alleged racist behaviors.

Pfizer Inc. and BioNTech SE have asked the FDA to authorize the emergency use of their COVID-19 vaccine for children under 5, saying that three doses of the vaccine will be needed.

PayPal Holdings Inc. largely matched expectations for its holiday quarter but delivered an earnings forecast that came up shy of expectations.

Advanced Micro Devices Inc. soared in the extended session Tuesday after the chip maker’s results and outlook for the quarter and year blew past Wall Street estimates and the company reached a milestone profit margin of 50%.