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Economy

“More Companies Start to Rescind Job Offers”

“…Companies including Twitter Inc. , real-estate brokerage Redfin Corp. , and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets of the economy are pulling away offers too, including some in insurance, retail marketing, consulting and recruiting services. At the same time,… Continue Reading…

Business, Stocks

“Kellogg shares jump on plans to separate into three companies”

“Kellogg announced Tuesday that it plans to separate into three independent public companies, sectioning off its iconic brands into distinct snacking, cereal and plant-based businesses. Shares of the company rose 6.5% in premarket trading on the announcement… Combined, Kellogg’s plant-based division… Continue Reading…

Business, Economy

“50% of companies want workers back in office 5 days a week–why experts say this strategy could fail”

“About 50% of leaders say their company already requires or is planning to require employees to return to in-person work full-time in the next year, according to new research from Microsoft, which surveyed 31,102 workers around the world between January and… Continue Reading…

Economy

“Over 400 companies have withdrawn from Russia. But some Western brands are locked in”

“More than 400 companies have announced their withdrawal from Russia since the launch of its invasion of Ukraine on Feb. 24, according to a list compiled by Yale School of Management. For some brands, however, a clean break is easier said than… Continue Reading…

Business

“J&J plans to split into two companies, separating consumer products and pharmaceutical businesses”

“Health-care conglomerate Johnson & Johnson announced plans Friday to split its consumer products business from its pharmaceutical and medical device operations, creating two publicly traded companies. The news sent shares higher in premarket trading. The separation will sheer off its household products… Continue Reading…

Business, Economy

Big News: “GE to break up into 3 companies focusing on aviation, health care and energy”

“U.S. industrial giant General Electric will split into three companies following years of seeing its stock underperform, the company announced on Tuesday. The company will be divided into separate units focused on aviation, health care and energy. GE plans to spin off… Continue Reading…

Economy, Investing

“These are the types of companies Warren Buffett says you should invest in during times of inflation”

“The Chairman and CEO of Berkshire Hathaway, during a 2015 shareholder meeting, noted that: “The best businesses during inflation are the businesses that you buy once and then you don’t have to keep making capital investments subsequently,” while you should avoid… Continue Reading…

Economy

“Job openings soar to 10.9 million as companies struggle to fill positions”

“The department’s Job Openings and Labor Turnover Survey, which the Federal Reserve watches closely for signs of slack in employment, showed 10.9 million positions open. That was much higher than the FactSet estimate of 9.9 million and the June total… Continue Reading…

Stocks

“8 Companies Already Paying Huge Dividends Just Hiked Them”

“…Big S&P 500 Payers Hike Dividends Companies yielding 4.5% or more than announced dividend hikes this year Company Symbol Yield now Yield % change in the last 12 months Stock price YTD % ch. Sector Altria Group (MO) 7.06% 4.9%… Continue Reading…

Stocks

“10 Companies Are About To Post Blowout 1,000%+ Profit Growth”

“A Bonanza Of Profit Is Coming Analysts see 1,000% or more profit growth from these S&P 500 companies in the second quarter Company Ticker Q2 EPS % Ch. Primary Sector Composite Rating % stock YTD ch. Zimmer Biomet (ZBH) 3,620.0%… Continue Reading…