financial news, stocks, investing, and market trends, as well as stories on major companies and their leaders.
Protesters gather outside Israel’s parliament building in Jerusalem on March 27, 2023, amid calls for a general strike against the far-right government’s controversial efforts to overhaul the justice system. – | AFP | Getty Images Israel is in a cooling period after weeks of intense protests by large segments of the population against a plan …
Israel’s legal crisis worries some business leaders Read More »
Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global High Yield and Leveraged Finance Conference in Miami, Florida, U.S., Monday, March 6, 2023. Mark Bello | Bloomberg | Getty Images Jamie Dimon, the veteran JPMorgan Chase The CEO and chairman of the board will be …
Jamie Dimon is filed for JPMorgan Chase’s role in Epstein lawsuits Read More »
Display at the offices of Alibaba Group Holding Ltd. in Beijing, China on Tuesday, January 17, 2023. Bloomberg | Bloomberg | Getty Images Hong Kong listed shares of Ali Baba jumped 15% at the opening on Wednesday after the company announced a major overhaul to split the tech giant into six business groups. On Wall …
Alibaba shares soar 15% in Hong Kong following major overhaul announcement Read More »
Stocks that rallied on Tuesday in response to “less than stellar” quarterly reports could bode well for earnings season, CNBC’s Jim Cramer said. Cramer cited three companies that reported in the past 24 hours as examples: Spice company McCormickparent company of Calvin Klein and Tommy Hilfiger HPV And Walgreens. All three stocks “roared” on Tuesday, …
Walgreens, PVH and McCormick rallies could be a good sign Read More »
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq Stock Exchange after completing its business combination with Churchill Capital Corp IV in New York, New York, July 26, 2021. andrew kelly | Reuters Struggling electric vehicle maker Lucid said in a regulation deposit Tuesday …
Lucid to lay off 1,300 workers amid signs of falling demand for its electric vehicles Read More »
A Google sign is pictured during the company’s presentation of a detailed investment plan for Germany outside Google’s office in Berlin, Germany, August 31, 2021. Annegret Hilse | Reuters Google should be punished for failing to save chat messages between employees related to an antitrust case brought by Epic Games, a California federal judge ruled …
Google failing to preserve cats in Epic case deserves penalties, judge says Read More »
The exterior of a Dollar General convenience store is seen March 16, 2023 in Austin, Texas. Brandon Bell | Getty Images General dollar is in settlement talks with federal regulators after the discount retailer was called a “serious violator” of workplace safety rules, according to a spokesperson for the Occupational Safety and Health Administration. The …
Dollar General in talks to settle security breaches Read More »
A Lululemon sign is seen at a mall in San Diego, California, November 23, 2022. Mike Blake | Reuters lululemon reported strong sales during the holiday quarter on Tuesday, suggesting wealthier shoppers are still buying yoga pants and tops despite rising prices for essentials. The company also released an upbeat outlook for its new fiscal …
Lululemon shares jump as holiday quarter sales rise Read More »
Frank Yiannas, former deputy commissioner for the Food and Drug Administration’s (FDA) Office of Food Policy and Response, speaks during a House Oversight and Accountability Subcommittee hearing in Washington, D.C. DC, Tuesday, March 28, 2023. ting shen | Bloomberg | Getty Images The U.S. infant formula supply is still vulnerable to safety issues and supply …
Formula supply remains vulnerable: Former FDA official tells Congress Read More »
Michael S. Barr, Vice Chairman of the Federal Reserve Board for Oversight, testifies at a Senate Banking, Housing, and Urban Affairs Committee hearing on ‘recent bank failures and the regulatory response Federal” on Capitol Hill in Washington, March 28, 2023. Evelyn Hockstein | Reuters The run on Silicon Valley Bank’s deposits this month went far …
SVB customers tried to withdraw almost all deposits in two days, says Barr Read More »