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Stocks

“Wayfair shares surge after furniture retailer cuts losses by more than $100 million”

May 8, 2024

“Wayfair’s sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its workforce at the start of the year, the company announced Thursday… Wayfair shares closed more than 16% higher Thursday. The company’s reported net… Continue Reading…

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Business

“Second Boeing whistleblower dies suddenly after claiming safety flaws ignored”

June 4, 2026

“A whistleblower who accused Boeing of ignoring safety flaws in the 737 MAX airplanes has died. Joshua Dean, a former Spirit AeroSystems quality auditor, claimed he was fired for flagging concerns about lax standards at the company’s manufacturing plant in… Continue Reading…

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Economy

“House Republican infighting getting worse after foreign aid vote”

April 23, 2024

“The House came together Saturday to pass a sweeping $95 billion foreign aid package, a rare moment of bipartisan cooperation in the closely divided chamber. But the move only intensified infighting among House Republicans, who split sharply on the strategy… Continue Reading…

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Business

“Centuri Up 10% After Raising $315 Million in IPO, Icahn Deal”

April 22, 2024

“…Shares in the infrastructure services business of power company Southwest Gas Holdings Inc. closed at $23.13 each on Thursday in New York, after a deal priced at $21 per share to raise about $314.8 million in total. Centuri sold 12.4… Continue Reading…

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Business

“Apple lays off over 600 California employees after shuttering car project”

April 8, 2024

“…The filing comes weeks after Apple canceled a long-running project to build an electric, self-driving car in a team called the Special Projects Group. While the California notice didn’t mention the specific projects where jobs are being cut, none of the locations… Continue Reading…

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Stocks

“Teladoc CEO departs the company after stock’s 95% fall from 2021 highs”

April 8, 2024

“…The company’s board of directors has temporarily appointed Mala Murthy, chief financial officer, as Gorevic’s replacement and hired an executive search firm to determine a permanent successor. Shares of Teladoc closed up more than 1% Friday but are down about… Continue Reading…

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Economy

“Lyft and Uber say they’ll leave Minneapolis after city requires drivers to be paid more”

March 21, 2024

“MINNEAPOLIS — Lyft and Uber said they will cease operations in Minneapolis after the city’s council voted Thursday to override a mayoral veto and require that ride-hailing services increase driver wages to the equivalent of the local minimum wage of… Continue Reading…

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Business, Stocks

“HelloFresh shares dive 42% after meal kit giant warns on outlook”

March 12, 2024

“… …” https://www.cnbc.com/2024/03/08/hellofresh-shares-dive-42percent-after-meal-kit-giant-warns-on-outlook.html

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Stocks

“Nvidia stock surges after earnings beat estimates across the board”

February 27, 2024

“….For the quarter, Nvidia reported adjusted earnings per share (EPS) of $5.16 on revenue of $22.1 billion. Analysts were expecting EPS of $4.60 on revenue of $20.4 billion. That’s a massive jump from the same period last quarter when Nvidia… Continue Reading…

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Stocks

“JetBlue shares jump after activist Carl Icahn reports stake and calls shares undervalued”

February 23, 2024

“Activist investor Carl Icahn late Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue gained 21% on Tuesday… In the past 12 months, JetBlue’s stock is down more than 27% as of… Continue Reading…

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