Big F&B companies are taking steps to advance waste solutions, even as current product packaging … [+] continues to accumulate. getty No one can question that we have a global problem with f...
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Acquisitive European Travel Retailers Are Going Head To Head To Sell You More Food
Marché Mövenpick is one of the main brands that Lagardère Travel Retail will soon incorporate. Lagardère Travel Retail France’s Lagardère Travel Retail has signed an agreement to buy Switzerland-based...
Meta’s Zuckerberg warns of hiring freeze, restructuring plans: Bloomberg
Facebook owner Meta Platforms Inc. is freezing hiring and restructuring teams to cut costs, Bloomberg reported, citing Chief Executive Mark Zuckerberg. Meta will trim budgets across the company as it ...
Dufry Versus Lagardere Travel Retail
Duty-free retailers are regaining momentum. getty This year’s travel rebound—which has caused misery for many airport passengers, due to a lack of staff and canceled flights—has proved to be a shot in...
Facebook Changed Name, Now Changing Ticker. What It Means for the Stock.
Text size Meta Platforms follows a number of high-profile companies that changed their ticker symbols. Fabrice Coffrini/AFP via Getty Images Meta Platforms , formerly known as Facebook , is taking the...
Apple Needs to Show Some Spark as Shoppers Favor Services Over Stuff
Customers at the Apple Store in Grand Central Terminal in New York City earlier this year. Getty Images Text size As Apple prepares to upgrade its products, there are two distinct trends hitting the e...
Google’s Owner Paid $296,000 to a Typical Worker. Here’s What Other Firms Pay
With a booming economy and a tight job market, median pay rose last year for most S&P 500 companies, according to a Wall Street Journal analysis. Google parent Alphabet and Facebook Meta Platforms...
Relief at the Pump Could Come Soon. Thank Saudi Arabia.
Justin Sullivan/Getty Images Text size Oil prices fell Thursday after the Financial Times reported that Saudi Arabia was ready to increase output as more sanctions on Russia threaten global oil supply...
Opinion: With Sheryl Sandberg gone from Facebook, Wall Street should fear its future
When Sheryl Sandberg first joined Facebook in 2008, she was often referred to as the “adult in the room” that could help co-founder and Chief Executive Mark Zuckerberg, then just 24 years old, turn it...
Meta’s Sheryl Sandberg Is Stepping Down
Text size Meta Chief Operating Officer Sheryl Sandberg joined Facebook in 2008. Mandel Ngan/AFP via Getty Images Meta ’s Sheryl Sandberg is stepping down as chief operating officer of Facebook’s paren...
Broadcom’s Meta Pact May Mean a Billion Dollars a Year, Says J.P.Morgan
Text size A Broadcom Corp. Tomahawk chip. David Paul Morris/Bloomberg J.P.Morgan believes chip maker Broadcom will be a big beneficiary of the metaverse. On Tuesday, analyst Harlan Sur said Broadcom (...
Micron, Netflix, and 5 Other Beaten-Up Tech Stocks That Could Be Bargains
Text size Meta Platforms’ advertising business has faced challenges from TikTok and Apple’s privacy changes. David Paul Morris/Bloomberg This year has been brutal for U.S. stocks, but that...
Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers
By John Stensholt and Nate Rattner May 31, 2022 7:00 am ET Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job mark...
Microsoft Joins the Tech Sector Hiring Slowdown
Text size The news comes after the tech giant said it would nearly double its worldwide budget for staff. Lisa Maree Williams/Getty Images Microsoft said it is going to slow hiring in select division...
7 Beaten-Up Tech Stocks That Could Be Bargains
Text size Meta Platforms’ advertising business has faced challenges from TikTok and Apple’s privacy changes. David Paul Morris/Bloomberg This year has been brutal for U.S. stocks, but that...
Stocks to Buy Now: Alphabet, Facebook, and 4 More Bargains
When the stock market gets pounded, bargains abound—or so it seems. But in a bear market, the key to investing success is separating the thoughtlessly discarded from the overpriced junk. With about tw...
If There’s a Recession Coming, Not Even the Fed Could Stop It Now
The word recession is on the tip of everyone’s tongue. Influential investor and philanthropist George Soros is talking about it in Davos. The Federal Reserve, on the day minutes are published, is cons...
The Market Is Melting Down and People Are Feeling It. ‘My Stomach Is Churning All Day.’
The last time Todd Jones heard this kind of panic in his clients’ voices, it was 2008 and the global financial system was on the brink of collapse. Mr. Jones, the chief investment officer at investmen...
Meta, Uber and Other Internet Stock to Buy After the Big Market Drop
Text size Uber shares are attractive after a 44% decline this year, an analyst says. Justin Sullivan/Getty Images Internet stocks have tumbled worse than the general market as investors have worried a...
As McDonald’s Exits Russia, China, Turkey, Brazil And India Step-In
McDonald’s opened in Moscow in 1990 but now it is one of the first Western brands to confirm that … [+] its exit is permanent. (Photo by Peter Turnley/Corbis/VCG via Getty Images) Corbis/V...
15 stocks that have fallen at least 33% but by these measures are still standouts in their sectors
During a year in which more than half of the stocks in the S&P 500 Index have declined 10% or more, you have probably seen the term “oversold” being bandied about. But what does oversold really me...
Tech Stocks Face A New Risk in the Coming Months
Text size *** ONE-TIME USE *** People walk on a street past a business on May 12, 2022 in New York City. Spencer Platt/Getty Images Tumbling technology valuations have consequences. The selloff is pus...
The Companies Cutting Staff, Freezing Hiring or Slashing Costs: See the List
Companies which saw substantial growth during the Covid-19 pandemic are starting to take a more cautious approach toward hiring and spending. From Peloton Interactive Inc. and Meta Platforms Inc. to T...
FAANG Stocks Are Crumbling. Why the Pain May Not Be Over.
Shares of Meta Platforms, Facebook’s parent company, are off by more than 40% so far this year. Nick Otto/Bloomberg Text size There has been no refuge for technology investors this year. And it ...
Coinbase Stock Keeps Sliding After Earnings Report
The biggest cryptocurrency exchange in the U.S. said it was bleeding users, reflecting continued destruction in the crypto market and investors’ unease about risky assets. Coinbase Global Inc. COIN -1...
More Bad Times Ahead for These 6 Big Tech Stocks
Text size Amazon stock is down 35% this year. Sebastien Bozon/AFP via Getty Images Not even the high and mighty are immune from the gravitational forces of bear markets. That is the dilemma facing the...
With interest rates rising, it’s time to focus on MANG stocks instead of FAANG, according to Jefferies
Heading into the Federal Open Market Committee’s policy meeting, analysts at Jefferies on May 3 advised investors to avoid the popular FAANG + Microsoft group of stocks. They pointed instead to a grou...
Rivian’s IPO Lockup Is Almost Over. Here’s What that Means for the Stock.
Text size Door panels for the R1T, Rivian’s electric pickup truck, are ready for installation on the trim line. Courtesy Rivian Rivian Automotive investors have been dealing with a lot lately. S...
Social-Media Platforms Lay It On Thick
The tech industry hasn’t been shy about coining its own dubious metrics over the years. But lately, even the basic ones aren’t to be trusted. Social-media investors have historically focused on two ke...
Earnings Season Has Been Just One More Reason to Sell Stocks
Text size Apple dropped 3.7% on Friday after its outlook disappointed. Gabby Jones/Bloomberg The only takeaway to be drawn from a volatile week of earnings reports was that we shouldn’t get our hopes ...
Many tech stocks that have crashed are still too expensive to buy
I came across this list of crashed big cap tech stocks on Twitter on April 23: I’ve analyzed every one of those stocks over the last year. When thousands of stocks are down 70%-80% or even 90%, there ...
Weekend reads: If you agree that inflation has peaked, buy stocks in this sector
If everyone agreed about the direction of the economy, investing would be easy. But there are mixed signals about whether the rate of inflation has peaked, at least in the U.S. If you are among those ...