June 29, 2023
“…1. Researchers at the US central bank just published a paper warning that a historic surge in the percentage of distressed American companies could worsen the fallout from the Fed’s inflation battle. Plainly, they said high borrowing costs could cause a huge number of companies… Continue Reading…
June 22, 2023
“Bed Bath & Beyond will live on in name only after Overstock.com won an auction for the failed home goods retailer’s intellectual property and digital assets, according to court records filed early Thursday. The e-commerce discounter, which was selected as the stalking horse bidder for Bed Bath’s… Continue Reading…
June 22, 2023
“…As boycotts move beyond social-media-fueled outrage, companies like Anheuser-Busch, Target and Disney are facing monthslong public relations fiascos that have resulted in market share losses, C-suite shake-ups, legal battles and even threats to employees. In some cases, corporations have drawn the ire of conservative customers… Continue Reading…
June 22, 2023
“…Many people don’t love the idea of financially benefiting from companies whose goals, policies, or methods they strongly disagree with. But boycotting a company’s stocks doesn’t work the same way as boycotting its products…” https://www.cnbc.com/2023/06/22/how-to-move-beyond-esg-funds-and-make-a-real-impact-with-your-money-financial-expert-.html Not in love? They hate it. Also… Continue Reading…
May 15, 2023
“America’s love affair between the automobile and AM radio — a century-long romance that provided the soundtrack for lovers’ lanes, kept the lonely company with ballgames and chat shows, sparked family singalongs and defined road trips — is on the… Continue Reading…
May 15, 2023
“…Nearly half of the Russell 1000 (43%) discloses that it uses ESG-related key performance indicators in executive compensation metrics, according to data from Just Capital, a nonprofit that measures corporate stakeholder performance. That percentage of Russell 1000 companies linking ESG… Continue Reading…
April 27, 2023
“Gap will lay off about 1,800 employees as part of a broad effort to cut costs and streamline operations, the company said Thursday. The cuts, first revealed on Tuesday, are more than three times larger than the 500 layoffs it… Continue Reading…
April 27, 2023
“Comcast topped analyst expectations with its first-quarter earnings report Thursday, despite the cable and media giant’s residential broadband business’s slowing growth and mounting Peacock losses. Shares of the company rose more than 4% in premarket trading. The stock is up… Continue Reading…
April 24, 2023
“Disney began its second, larger wave of layoffs Monday, bringing total job cuts in recent weeks to 4,000 when the latest round is completed. Earlier this year, Disney said it would slash 7,000 jobs from its workforce as part of… Continue Reading…
April 24, 2023
“Samsung could report its worst profit in 14 years this week, as prices for memory chips, its biggest business, continue to fall, while demand stays weak. The South Korean technology giant guided earlier this month that it would post operating… Continue Reading…
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