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.
A person walks past the headquarters of the Cable News Network (CNN) on November 17, 2022 in Atlanta, Georgia. Brandon Bell | Getty ImagesWhen former CNN Chief Executive Officer Chris Licht started running the news organization last year, he had a mission from his boss, Warner Bros. Discovery CEO David...
Disney World celebrated its 50th anniversary in April 2022.Aaronp | Bauer-Griffin | GC Images | Getty ImagesDisney said it will nearly double its planned investment in the parks and cruises business.The company said in a securities filing on Tuesday it will nearly double its planned investment to $60 billion...
ZayZoon, a fintech firm that got its start charging employees $5 to get paid sooner, has raised $34.5 million in a Series B round co-led by Framework, EDC with participation from ATB Financial. CEO Dary Tuer says that the funds, which bring ZayZoon’s total raised to $75 million, will be...
Blue Cross Blue Shield employees show their support to members of the United Auto Workers (UAW) union as they march through the streets of downtown Detroit following a rally on the first day of the UAW strike in Detroit, Michigan, on September 15, 2023. Matthew Hatcher | AFP | Getty...
Moyo Studio | E+ | Getty ImagesIt used to be when you talked about marriage and the "golden years," the picture was a traditional one. Get married, work hard, buy a house, have children and retire surrounded by family and some grandchildren.Divorce was a hush-hush topic and a rare...
Retirement savers are in better shape than last year. But they had better beware the worsening “financial vortex” that could suck them in. According to the 2023 Retirement Survey and Insights Report released Tuesday by Goldman Sachs Asset Management, more U.S. workers have increased their savings over the last year,...
