Check out the companies making headlines in extended trading: Nike — Shares soared 10%. The sneaker company announced that CEO John Donahoe would step down from the role on Oct. 13. Nike veteran Elliott Hill, who had been at the company for 32 years before retiring in 2020, will...
Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve's supersized rate cut decision. Tesla and Meta jumped around 7% and 4%, respectively, while chip darlings Nvidia and ASML each advanced more than 5%. Edgewise Therapeutics —...
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a "recalibration" of policy at a pivotal moment for the central bank.At his news conference following Wednesday's open market committee meeting, Powell used variations of the word no fewer than eight times as he...
LAS VEGAS, United States, September 19th, 2024, ChainwireBlockchain storage layer Xandeum has announced that it will reveal its blueprint for scaling Solana storage at Breakpoint 2024 on September 20, 2024. At the flagship Solana conference in Singapore, Xandeum will also share details of its new storage-enabled liquid staking program...
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.
Former Starbucks CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, March 22, 2017.Jason Redmond | AFP | Getty ImagesFormer Starbucks CEO Howard Schultz is stepping down from the coffee chain's board, the company said Wednesday."I look forward to supporting this next generation of leaders to...
A Starlink satellite terminal, also known as a dish, setup in front of an RV.SpaceXPARIS — Elon Musk's SpaceX is no longer absorbing the cost of the Starlink antennas it sells with its satellite internet service, a company executive said Wednesday, a key step to the company improving its...
DusanManic | iStock | Getty ImagesAlmost half of Americans — 47% — say achieving retirement security will take a miracle, according to a new survey from Natixis Investment Managers.That is up "quite a bit" from about 40% of respondents who said the same two years ago, according to Dave...
Cetera Holdings this week said it was spending $1.2 billion to acquire the nearly 3,100 tax focused financial advisors at Avantax Inc., a clear indication that the valuations for broker-dealers and registered investment advisors are still climbing and no one knows how high they will go. To put that...
DETROIT — Even as the ongoing negotiations between the three Detroit automakers and the United Auto Workers labor union overshadowed all else in the industry, some companies used this year's edition of the Detroit Auto Show to show off new and revamped models on Wednesday.The discussions around a new...
Mark Ruffalo as The Hulk in "Avengers: Endgame."Disney | MarvelHollywood, already gripped by two strikes, has some new union members.Marvel Studios' visual effects workers unanimously voted in favor of unionizing with the International Alliance of Theatrical Stage Employees, IATSE announced Wednesday. This marks the first time a unit of...
