Check out the companies making headlines in midday trading. FedEx – The delivery giant plunged more than 13% after reporting a steep quarterly earnings drop. The company also lowered its full-year revenue forecast. CEO Raj Subramaniam said industrial demand was softer than expected, while FedEx's customers continued to shift...
Author Stephanie Dhue's difficult-to-repair microwave.Courtesy Stephanie DhueI bought a General Electric microwave oven in 2020 for $355. Recently, I noticed the interior light was out.I told my husband, since he's the one who takes care of repairs in our house. He took a look, only to learn that this...
Singapore, Singapore, September 20th, 2024, ChainwireMantle’s flagship game, Catizen, officially launched its token, $CATI, on multiple exchanges today, including Binance, OKX, Bybit, Gate.io, and Bitget. As the most profitable mini-game on Telegram, Catizen seamlessly integrates Telegram with The Open Network / TON (L1) and Mantle Network (L2). $CATI, as...
Check out the companies making headlines before the bell. Nike — Shares rose 6% after the athletic apparel company announced CEO John Donahue would be retiring from the position . Company veteran Elliott Hill will be coming out of retirement to take the position. FedEx — Shares of the...
Miami Beach, Florida, FedEx Express delivery van parked, driver unloading box dolly. Jeff Greenberg | Universal Images Group | Getty ImagesFedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers continued to trade down from speedy, pricey delivery to cheaper, slower options.Shares...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Covid-19 home test kits are pictured in a store window during the Covid-19 pandemic in the Manhattan borough of New York City, Jan. 19, 2022.Carlo Allegri | ReutersThe Biden administration on Wednesday said it will resume offering free at-home Covid tests to American households on Monday as the virus...
Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023.Scott Olson | Getty ImagesIn a conversation on philanthropist Nicolai Tangen's podcast "In Good Company," Gulden was asked about the retailer's partnership with Ye and how its Yeezy collaboration fell apart. "He did some statements, which wasn't...
United Auto Workers members on a picket line outside the Stellantis NV Toledo Assembly Complex in Toledo, Ohio, on Sept. 18, 2023.Emily Elconin | Bloomberg | Getty ImagesGeneral Motors and Stellantis said they have laid off additional workers because of consequences related to the United Auto Workers strike.GM said...
Budweiser Clydesdales handler walks several Clydesdales poor to bathing the horses at Houston Polo Club before this weeks Clydesdale appearances Monday, March 31, 2014, in Houston.James Nielsen | Houston Chronicle via Getty ImagesAnheuser-Busch InBev said it will no longer cut the tails of the iconic Clydesdale horses used in...
The Federal Reserve left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer after one more hike this year. The central bank’s policy-setting Federal Open Market Committee, in a post-meeting statement released Wednesday, repeated language saying officials will determine the “extent of additional policy...
