‘Trader justice’: Ex-SocGen trader fired for risky bets claims he was made a ‘scapegoat’
A logo outside a Societe Generale SA office building in central Paris, France, on Monday, Feb. 5, 2024. Bloomberg | Bloomberg ...
Tag: Business
Wayfair shares surge after furniture retailer cuts losses by more than $100 million
Wayfair's sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its ...
Stocks making the biggest moves after hours: Amazon, Starbucks, Pinterest, Advanced Micro Devices and more
An Amazon worker walks past his Amazon Prime delivery truck in Washington, DC, on February 19, 2022.Stefani Reynolds | Afp ...
Apple’s falling iPhone sales don’t bother Wall Street so long as margins, buybacks are increasing
A 10% decline in iPhone sales sounds like a problem for Apple, considering the company counts on the devices for ...
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley ...
Why hundreds of U.S. banks may be at risk of failure
Hundreds of small and regional banks across the U.S. are feeling stressed."You could see some banks either fail or at ...
Carvana shares spike 30% as used car retailer posts record first quarter
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023.Brandon Bell | Getty ImagesShares ...
Europe may need to impose tariffs of up to 55% to curb Chinese EV imports, research says
Vehicles set to be shipped to Europe, at Taicang Port on Dec. 19, 2022, in Suzhou, China.Vcg | Visual China ...
Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag
A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesStarbucks on Tuesday reported weaker-than-expected quarterly earnings and revenue, ...
ISS endorses most of activist Ancora’s nominees for Norfolk Southern board
Influential proxy advisory firm Institutional Shareholder Services recommended on Tuesday that Norfolk Southern shareholders support five of activist Ancora's seven ...
