Meta Platforms, Inc (NASDAQ: META) eyed a fresh round of job cuts that could affect thousands of workers likely in the coming months. The Facebook parent consulted human resources, lawyers, financial ...
Tag: Business
Terran Orbital wins $2.4 billion Rivada satellite contract
The company’s banner above the New York Stock Exchange on March 28, 2022. Terran Orbital Terran Orbital shares surged on Wednesday after the company announced a $2.4 billion contract to build co...
Nikola EV trucks’ driver-assist system coming next year
Nikola Motor Company Two truck Source: Nikola Motor Company Nikola will begin offering an advanced driver-assist system on its electric heavy trucks starting late next year, the company said Wednesday...
The Velo Network Has Good Reasons to Stay in Business. But Does it Pay Off?
Join Our Telegram channel to stay up to date on breaking news coverage Many crypto investors have asked how high Velo could go, if it’s a profitable investment for the short term, and how its future l...
Rust prosecutor said gun enhancement wrong
An image of cinematographer Halyna Hutchins, who died after being shot by Alec Baldwin on the set of his movie “Rust”, is displayed at a vigil in her honour in Albuquerque, New Mexico, Oct...
SpaceX adjusts Starlink monthly pricing for residential customers
A Starlink user terminal, also known as an antenna or satellite dish, on the roof of a building. SpaceX Elon Musk’s SpaceX rolled out new pricing for residential Starlink customers based on its ...
Stocks moving big midday: PANW, COIN, DKS, AMZN
Coinbase shares are down more than 83% this year Chesnot | Getty Images Check out the companies making headlines in midday trading. Coinbase — Shares of the cryptocurrency exchange fell 5% even after ...
Starbucks CEO Howard Schultz touts new olive oil coffee
Starbucks’ new line of olive oil-infused coffee drinks could disrupt the industry, interim CEO Howard Schultz told CNBC’s Jim Cramer on Tuesday. “This is a transformational moment in...
Target bets on e-commerce, invests in delivery hubs
The Target Corporation logo displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Target said Wednesday it will spend $100 million to build a larger network of s...
Adidas, Major League Soccer renew deal
Major League Soccer and sportwear giant Adidas agreed to a multiyear extension of their partnership. The deal, announced days before MLS kicks off its 28th season, goes through 2030 and is valued at $...
Walmart CEO Doug McMillon vows to fight inflation
Doug McMillon, president and CEO of Walmart. Adam Jeffery | CNBC Walmart CEO Doug McMillon wants to help bring inflationary prices down by keeping his company’s own private brands priced low, te...
Higher Interest Rates Might Drive Inflation, And We Need To Decide Very Quickly If That Is True
A surprising number of economists have recently said that they believe high rates drive inflation. This is scary for two reasons. The first reason is that the people in charge may be wrong about one o...
Bentley to end 12-cylinder engine production in transition to EVs
A staff member checks a Bentayga SUV on the Bentley production line at their factory in Crewe, Britain, December 7, 2022. Phil Noble | Reuters Bentley Motors plans to end production of its 12-cylinde...
Safe to return to East Palestine, Ohio
Norfolk Southern CEO Alan Shaw told CNBC he thinks it’s safe for families to return to East Palestine, Ohio, nearly three weeks after toxic chemicals were released following a train derailment e...
Jed McCaleb’s space station company Vast acquires startup Launcher
The company’s first space tug, called Orbiter SN1, is seen undergoing final launch preparations. Launcher Space station company Vast announced on Tuesday it has acquired fellow startup Launcher ...
Coinbase, Palo Alto Networks, Toll Brothers and more
Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Check out the c...
Starbucks launches olive oil-infused coffee, plans U.S. debut
Starbucks initial Oleato launch will launch three olive oil-infused drinks in stores across Italy. Source: Starbucks Starbucks has a new way to customize its coffee: olive oil. The coffee giant will l...
Inflation drives 2023 wedding costs up even as nuptial boom winds down
The explosive wedding boom seen last year is winding down, but the average cost of nuptials is still going up, according to new data from Zola. Couples will shell out an average of $29,000 this year ...
Analyzing WEWE Global as a Proper Business for Crypto Users
Are you looking for a platform that provides innovative crypto-centric products and services? Look no further than WEWE Global! The platform connects people all over the world with services such as to...
Dow falls over 400 points, dragged down by earnings, rising bond yields
U.S. stocks ended sharply lower on Tuesday, with major indexes suffering the worst daily percentage declines in over two months, as downbeat guidance from major retailers, rising Treasury yields and e...
Nvidia earnings overshadowed by Microsoft, ChatGPT, OpenAI, gaming partnership
Nvidia Corp. earnings received a warmup Tuesday as Microsoft Corp. and the graphics-processing-unit giant announced a 10-year partnership to bring Activision Blizzard Inc.’s catalog as well as Xbox ga...
These 61 companies tried out a 4-day workweek — and most are sticking with it
Four-day workweek for the win. Companies in the U.K. that experimented with a four-day workweek last year reported more revenue and less staff attrition, while most workers participating in the trial ...
‘Not a time to buy’: S&P 500 exiting ‘best era’ in decades for earnings growth amid ‘dried up’ liquidity
The U.S. stock market, as measured by the S&P 500 index, appears to be exiting the “best era” for growth in earnings per share in decades as sources of liquidity have dried up, according to resear...
Blumhouse to launch video game division
Ethan Hawke stars in Blumhouse and Universal’s “The Black Phone.” Universal The world of video games is about to get scarier. Blumhouse, the powerhouse horror movie and TV production...
Walmart, Home Depot prepare for consumer slowdown
If you want to know how this year may be for the retail industry, look no further than Walmart‘s cautious outlook. The discounter easily topped expectations for the holiday quarter on Tuesday, b...
Spring break gets pricey as travelers return to old booking habits
Spring break travel demand is picking up, driving up airfare and hotel rates. Travel app Hopper said in a report last week that domestic airfare is averaging $264 a round trip for March and April, up ...
Walmart (WMT) earnings Q4 2023
Customers exit a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 an...
Home Depot (HD) Q4 earnings 2022
A customer loads plywood to a truck outside a Home Depot store in Galveston, Texas, on Tuesday, Aug. 25, 2020. Scott Dalton | Bloomberg | Getty Images Home Depot’s revenue fell short of Wall Str...
Intel’s dividend cut shows the need for quality. Here are 20 dividend stocks screened by UBS.
Stocks that pay high dividends can provide comfort during times of market turmoil. It is much easier to be patient if money is rolling in, and a strategy of reinvesting dividends may outperform when t...