In this article ALK BA Follow your favorite stocksCREATE FREE ACCOUNT Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024. Patrick T. Fallon | AFP | Getty Images Alaska Airlines said Thursday
The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. Aly Song | Reuters BEIJING — China and the U.S. are working toward creating a more stable and predictable environment for businesses, Chinese Commerce Minister Wang
In this article MC-FR Follow your favorite stocksCREATE FREE ACCOUNT Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 annual results of LVMH in Paris, France, January 25, 2024. Benoit Tessier | Reuters LVMH shares jumped more than 8% on Friday morning, after the
In this article CASS Follow your favorite stocksCREATE FREE ACCOUNT Alvaro Gonzalez | Moment | Getty Images If you’re looking for an accountant to help you with your taxes this year, good luck. As fewer college students graduate with accounting degrees, the number of accountants and certified public accountants has been declining. That can make
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Paramount executive Bob Bakish attends the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf, Germany, November 13, 2022. Thilo Schmuelgen | Reuters Paramount CEO Bob Bakish announced layoffs at the media company Thursday, citing a need to “operate as a
Jeans are displayed at a Levi Strauss store in New York, March 19, 2019. Shannon Stapleton | Reuters Levi Strauss will lay off at least 10% of its global corporate workforce as part of a restructuring, the apparel retailer said Thursday. The job cuts will take place in the first half of the year, and
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC JPMorgan Chase on Thursday said several executives considered frontrunners to one day take
In this article GOOGL AMZN EBAY MSFT Follow your favorite stocksCREATE FREE ACCOUNT Skynesher | E+ | Getty Images Microsoft joined a list of big tech companies that announced major layoffs at the start of 2024. The technology company plans to cut about 9% its Gaming Unit headcount, amounting to 1,900 laid off workers, according
An artwork juxtaposing Chinese yuan cash bills with the China’s flag Javier Ghersi | Moment | Getty Images China’s financial institutions should provide strong support to the country’s beleaguered real estate sector and not “blindly withdraw” financing for projects facing difficulties, according to a senior Chinese financial regulatory official. His strongly worded comments follow the
Permanent Bipartisan Tax Deal Revenue Challenges & Trade-offs Skip to content Home • Blog • Permanent Bipartisan Tax Deal Would Grow Economy but Create Revenue Challenges One concern surrounding the recent congressional bipartisan tax deal is that most of the proposed taxA tax is a mandatory payment or charge collected by local, state, and national
Chevrolet Cruise autonomous vehicles sit parked in a lot on June 08, 2023 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Culture issues, ineptitude and poor leadership at General Motors’ Cruise autonomous vehicle unit were at the center of regulatory oversights and coverup concerns that have plagued the company since
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Intel shares dropped in extended trading on Thursday after the chipmaker issued an outlook for the first quarter of 2024 that
Former U.S. President and Republican presidential candidate Donald Trump holds a rally in advance of the New Hampshire presidential primary election in Rochester, New Hampshire, U.S., January 21, 2024. Mike Segar | Reuters Markets are “fairly complacent” about the risks of a second Donald Trump presidency, which could trigger a “tantrum” in long-duration bond markets,
Jeff Bezos built Amazon into a tech behemoth and “everything store” that’s now worth $1.6 trillion. He did it by being “arguably the most unusual business leader of our era,” current Amazon CEO Andy Jassy told Fortune in a recent interview at the World Economic Forum in Davos, Switzerland. Jassy, Bezos’ longtime deputy, took the
Ascentxmedia | E+ | Getty Images High inflation has prompted even well-to-do Americans to rethink their spending habits. But one group — affluent millennials — are more likely to lie or exaggerate their finances to appear financially successful, according to a recent survey from Wells Fargo. That goes for 34% of affluent millennials versus just
A “For Sale” sign stands outside a home following a snow fall in Geneseo, Illinois, U.S., on Monday, Jan. 20, 2020. The National Association Of Realtors is scheduled to release Existing Homes Sales figures on January 22. Photographer: Bloomberg | Bloomberg | Getty Images Severe winter weather is hindering home sales across the country, according
In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images Comcast topped both revenue and profit estimates in the fourth quarter as it lost fewer broadband subscribers than expected, and it raised its dividend 7%, the company said Thursday. Here’s how Comcast performed, compared with estimates from analysts surveyed
In this article LUV BA Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines ranked as the second-best domestic airline, according to Bounce’s 2023 Airline Index. Aaronp/bauer-griffin | Gc Images | Getty Images Southwest Airlines has taken the Boeing 737 Max 7 out of its fleet plans as regulators haven’t yet certified the smallest model of
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday. The announcement came as the Israeli bourse announced the pricing of
U.S. President Joe Biden talks to reporters as he departs the White House on June 28, 2023 in Washington, DC. Chip Somodevilla | Getty Images The Supreme Court’s conservative majority in June ruled that President Joe Biden didn’t have the authority to cancel student debt for millions of Americans. He’s still trying. In what one