Wall Street is drifting Monday to start a week that could bring more action to financial markets, with several big reports on the calendar. The S&P 500 was 0.2% lower in midday trading. The Dow Jones Industrial Average was virtually unchanged, as of 11 a.m. Eastern time, and the Nasdaq… Read More

Since 2008’s “Iron Man,” the Marvel machine has been one of the most unstoppable forces in box-office history. Now, though, that aura of invincibility is showing signs of wear and tear. The superhero factory hit a new low with the weekend launch of “The Marvels,” which opened with just $47… Read More

Omegle, a video chat service that connects users with strangers at random, is shutting down after 14 years following ample misuse of the platform — particularly the sexual abuse of minors. In a lengthy statement announcing the site’s closure, founder Leif K-Brooks reflected on how Omegle was meant to connect… Read More

Walt Disney Co. on Wednesday reported sharp profit growth for its fiscal fourth quarter while announcing an expansion of its cost-cutting drive under returning CEO Bob Iger. The results topped Wall Street expectations and sent shares in the entertainment and theme park company up more than 3% in after-hours trading…. Read More

Adidas said it might have to write off the remaining 300 million euros ($320 million) worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West. The company will decide in the coming weeks whether or not to do a third release of… Read More

Nextdoor is laying off 25% of its full-time staff as the neighborhood-focused social network company cuts costs with its losses widening. The job eliminations are part of a larger cost reduction plan that aims to slash Nextdoor’s current personnel expenses by up to $60 million annually, the company said in… Read More

General Motors’ Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after one of them dragged a pedestrian to the side of a San Francisco street in early October. The company said in documents posted by U.S. safety regulators on Wednesday that with the updated… Read More

Google on Monday confronted the second major U.S. antitrust trial in two months to cast the internet powerhouse as a brazen bully that uses its immense wealth and people’s dependence on one of its main products to stifle competition at consumers’ expense. The trial that opened in a San Francisco… Read More

WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world. In a late Monday announcement, WeWork said it entered into a restructuring support… Read More