Category Business

Spotify, Salesforce.com, Ford rise; Xylem falls

NEW YORK — Stocks that traded heavily or had substantial price changes Monday: Spotify Inc., up $2.03 to $99.94. The music streaming service is cutting 6% of its workforce, the latest tech company to retrench as the economic outlook worsens.…

South African leader skips Davos amid electricity crisis

JOHANNESBURG — South African President Cyril Ramaphosa has canceled his trip to the World Economic Forum in Davos in order to deal with his country’s worsening power blackouts. Ramaphosa’s office made the announcement in a statement late Sunday. He had…