PORTLAND, Ore. — A Multnomah County grand jury has ordered Walmart to pay $4.4 million in damages to a man who sued the store, saying he was racially profiled and harassed by a Walmart employee at a P...
Tag: Corporate
Berkshire Hathaway Could Owe Billions on Stock Gains Under the New Tax Law
Warren Buffett, CEO of Berkshire Hathaway, likes holding favorite stocks forever. Johannes Eisele/AFP via Getty Images Text size Berkshire Hathaway CEO Warren Buffett has long said that his favorite i...
Get Ready for a Tough September in markets.
Text size The S&P 500 has averaged a 1% loss in September—dating back to 1928—its worst month of the year. NYSE The stock market’s worst month—September—is approaching. This one could be particula...
Ford Confirms Layoffs, Says It Is Cutting About 3,000 Jobs
Updated Aug. 22, 2022 4:58 pm ET Listen to article (2 minutes) Ford Motor confirmed Monday it is laying off roughly 3,000 white-collar and contract employees, marking the latest in its efforts to slas...
Apple workers tell CEO Tim Cook: ‘We demand location-flexible work’
The self-styled solidarity group AppleTogether launched a petition Monday demanding a more flexible work policy in response to the company’s return-to-office mandate. “We demand that Apple allows each...
SmileDirectClub Doesn’t Have Much Time to Straighten Itself Out
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Buy Tesla Stock Because It’s ‘Christmas in August’
Text size A Tesla, Inc. electric vehicle departs after charging at supercharger location in Hawthorne, California Patrick T. Fallon/AFP via Getty Images A Tesla bull is a little more bullish after the...
Once offering the worst return on Wall Street, cash is now looking like the best asset to own, says Morgan Stanley
Stock sellers are ready to pick up where they left off on Friday, as the market appears to be is waking up from its August slumber with a vengeance. As Goldman Sach’s chief U.S. equity strategist Davi...
Warren Buffett’s Likely Successor Owns Little Stock in Berkshire Hathaway
Text size Greg Abel, center, during a shareholders shopping day ahead of the Berkshire Hathaway annual meeting in April. Dan Brouillette/Bloomberg Ownership of Berkshire Hathaway stock is a big part o...
‘The pause has meant everything:’ What happens to borrowers — and the economy — if Biden lets student loan payments resume in September
There’s less than two weeks until the latest pause on federal student loan payments is set to expire on Aug. 31. No need to tell Cassie Smith. The chance of restarted payments are “a looming rain clou...
Cineworld Says Considering Chapter 11 Filing in U.S.
Text size Cineworld said Regal theaters were “open for business as usual and continue to welcome guests and members.” Jim Watson/AFP via Getty Images Cineworld Group , the owner of Regal C...
4 Energy Stocks That Climbed as Gasoline Prices Fell
Text size Kinder Morgan storage tanks in Wilmington, Calif. The comany’s stock can offer stability. Bing Guan/Bloomberg The price of gasoline has been falling steadily for over two months, and w...
Amazon Among Bidders for Signify Health
Amazon.com Inc. is among the bidders for healthcare company Signify Health Inc., joining other heavy hitters vying in an auction for the home-health services provider, according to people familiar wit...
Shoppers Are Getting Cheap. Here Are Stocks to Buy in a Trade-Down Economy
I regret buying a twin pack of 40-ounce ranch dressing jugs this past week. It’s not that I over-ranched—the warehouse club industry was built around rewarding extreme condiment commitments with low u...
Warren Buffett’s Berkshire Hathaway Cleared to Buy as Much as Half of Occidental’s Shares
Warren Buffett’s Berkshire Hathaway has the green light from regulators to purchase as much as 50% of Occidental Petroleum Corp.’s shares, after seeking approval for such a transaction in July. In a r...
The Oil Surplus Could Persist. Expect Prices to Fall
Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Expect Oil Prices to Fall THINK Economic and Finan...
Movie Theaters Brace for a Rough Intermission
Cineworld doesn’t seem to have much faith in The Rock, though he probably shouldn’t take it personally. The U.K.-based owner of the Regal Cinemas movie-theater chain is preparing to file for chapter ...
U.S. Companies on Pace to Bring Home Record Number of Overseas Jobs
U.S. companies are bringing workforces and supply chains home at a historic pace. American companies are on pace to reshore, or return to the U.S., nearly 350,000 jobs this year, according to a report...
Warren Buffett Not Expected to Bid for Control of Occidental Following Stake Boost
Warren Buffett’s bid to boost his big stake in Occidental Petroleum even further isn’t expected to serve as a prelude to a full takeover of the resurgent energy company by the widely watched billionai...
Nvidia stock will be solely a data-center story for the foreseeable future
Nvidia Corp. was built on videogames, but for the rest of the year at least, investors and analysts won’t be concerned with gaming when pricing the stock. Nvidia NVDA, -4.57% cut its revenue forecast ...