November 6, 2023
“Citigroup’s managers and consultants working on CEO Jane Fraser’s reorganization have discussed job cuts of at least 10% in several major businesses, CNBC reported on Monday, citing people with knowledge of the process… Last month, Citi said it would cut… Continue Reading…
November 3, 2023
“…Shares of Palantir closed up 20% Thursday after the company released third-quarter earnings that beat analysts’ expectations and raised full-year revenue guidance. Here’s how the company did: Palantir’s revenue for the third quarter increased 17% to $558 million, from $478 million a year earlier.… Continue Reading…
November 3, 2023
“Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina, more than doubling its prior investments and expected number of new jobs, the company announced Tuesday. The Japanese automotive manufacturer… Continue Reading…
November 3, 2023
“…Shares of the company were down 2% in morning trading. Here’s what Restaurant Brands reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv: Restaurant Brands reported third-quarter net income… Continue Reading…
November 2, 2023
“…Mounjaro, Lilly’s new diabetes drug, brought in $1.41 billion in sales, growing 652% and coming in above estimates for $1.28 billion. Lilly is hoping the Food and Drug Administration will soon approve Mounjaro as a weight-loss drug…” https://www.investors.com/news/technology/eli-lilly-stock-eli-lilly-earnings-q3-2023/?src=A00220
November 2, 2023
“…For the September quarter, Novo’s sales climbed 29% to 58.73 billion Danish krone, or roughly $8.39 billion, based on today’s exchange rates. That topped the FactSet-polled analyst view for 57.88 billion Danish krone. Adjusted profit came out 5.02 Danish krone… Continue Reading…
November 1, 2023
“…Commercial real estate properties have seen insurance rates rise an average of over 7% since 2017, according to an August Moody’s report. That’s compared to a typical yearly increase of about two to three percent. “It’s not all really due to… Continue Reading…
November 1, 2023
https://www.cnbc.com/2023/11/01/what-young-people-would-give-up-for-a-4-day-workweek.html Instead of quoting this article I’ll make a few comments instead. You know how a person can achieve their desires in a job? Stop putting up with B.S. [For lack of a better term] If you want a 4… Continue Reading…
November 1, 2023
“BP the oil and gas company, missed analyst estimates for profit in the third quarter. It goes to show how hard it is for Big Oil to keep investors happy after making record profits last year. London-based BP (ticker: BP)… Continue Reading…
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