Microsoft is laying off up to 9,000 workers, or around 4% of its global workforce. Global vehicle sales fall 13.5% as the electric- vehicle maker struggles to reverse months of declining sales.

Privately run businesses reduced jobs in June for the first time in more than two years, ADP said, as ongoing U.S. trade wars created a "hesitancy to hire and a reluctance to replace departing workers ...

Shares of Instil Bio jumped after federal regulators cleared the investigational new drug application for its tumor treatment AXN-2510. The stock was up 11% at $24.38 in early trading. Shares were ...