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Shares of La-Z-Boy Inc. rallied after hours on Monday after the maker of recliners and other furniture reported fourth-quarter results that topped expectations.
Anthony David Flores was sentenced to nearly 16 years in prison.
U.S. regulators on Monday sued on Adobe Inc., accusing the software company and two executives of “deceiving consumers” by hiding the termination fee for a popular subscription plan and making it too difficult for customers to cancel subscriptions.
The digital-education platform Chegg Inc. on Monday said it would slash nearly a quarter of its staff, a move it said would free up space for longer-term investments as it tries to offer more than just academic guidance to students and use more artificial intelligence.
Palantir is ‘giving the market what it wants in terms of margin expansion and profitability,’ says an Argus analyst.
Merck has gained U.S. regulatory approval for a vaccine that could become a tough competitor to one of Pfizer Inc.’s top-selling products.
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