Boeing Co expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the U.S. planemaker confirmed Monday. Last month, …
The recent stock market rally, and whether momentum can hold up into February, will be the main focus of the week ahead while investors continue to parse through a torrent…
The electric vehicle maker has started to raise prices again. This change particularly affects the Model Y SUV/crossover, one of its bestsellers. The prices of this SUV have increased between…
Sam Bankman-Fried’s Emergent Fidelity Technologies Ltd., an offshore entity that owns 55 million shares of Robinhood Markets Inc., filed for bankruptcy Friday amid a fight over who should get the…
Starbucks CFO: US demand remains strong despite higher prices U.S. Starbucks customers still view the chain as an affordable luxury. In its fiscal first quarter results, the Seattle-based coffee giant…
The online giant’s net sales $149.20 billion for the fourth quarter came in above analyst expectations of $149.20 billion. It’s adjusted earnings of 3 cents per share came in below…
Apple (AAPL) reported its Q1 earnings after the closing bell on Feb. 2, missing analysts’ expectations on the top and bottom line as iPhone sales came up short, declining more than 8%…
Australia will replace the portrait of Queen Elizabeth II on its A$5 banknote with a new design to reflect and honour the history of its Indigenous culture, the country’s central bank…
Lebanon will adopt a new official exchange rate of 15,000 pounds per US dollar on Feb. 1, central bank governor Riad Salameh said, marking a 90% devaluation from its current…
Federal Reserve raises interest rates another 0.25% to highest since October 2007 The Federal Reserve raised short-term interest rates Wednesday by a quarter percentage point, bringing its benchmark rate to…
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