Tag: business news

Bank of America shares fell 1.1% Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges.Here's what the ...

Google cuts hundreds of jobs across engineering, hardware teams

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The Google headquarters in Mountain View, California, Jan. 30, 2023.Marlena Sloss | Bloomberg | Getty ImagesGoogle cut several hundred jobs ...

Microsoft tops Apple as world’s most valuable public company

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Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella.ReutersMicrosoft ended Friday's U.S. trading session as the most valuable publicly ...

Deflation: Here’s where prices fell in December 2023, in one chart

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Extreme-photographer | E+ | Getty ImagesAs inflation continues to throttle back across the broad U.S. economy, some consumer categories have ...

Airline stocks tumble after Delta trims profit forecast

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Delta Air Lines shares slipped about 9% Friday after the company trimmed its 2024 earnings forecast. Delta forecast full-year earnings per ...

Bitcoin losses accelerate following ETF launch, ether posts a 15% gain on week

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Bitcoin slid on Friday to end an otherwise momentous week for the cryptocurrency, with the launch of 11 bitcoin exchange-traded ...

Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul

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Jane Fraser, Citi, at WEF, Davos, Jan. 17, 2023.Adam Galica | CNBCCitigroup said it was cutting 10% of its workforce ...

Tesla stock under pressure from Red Sea delays, rising labor costs, price cuts

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An employee of the Tesla Gigafactory Berlin Brandenburg works on a production line of a Model Y electric vehicle.Patrick Pleul ...

Discord cuts 17% of workforce, joining growing list of tech companies downsizing to start 2024

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The Discord app is seen on an iPhone in this photo illustration in Warsaw, Poland, on April 3, 2021.Jaap Arriens ...

JPMorgan Chase is set to report fourth-quarter earnings. Here’s what the Street expects

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