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...
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...
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.
Dan Otter has heard the story too many times: An insurance company rep walks into a classroom and pitches a teacher on a high-fee annuity in the school district’s 403(b) plan. Early in his teaching days, it happened to him. “I was in my classroom, desperately trying to get ready for...
Michael Sindicich Contributor Michael Sindicich is the EVP and general manager of expense at Navan, an all-in-one travel and expense management solution. The 2008 Global Financial Crisis was easily the most destructive economic crisis since the Great Depression. And yet, it’s not without a touch of irony that without it, we wouldn’t...
Uncle Sam is not the only one telling investors to buy U.S. bonds. Financial advisors are too. PGIM Investments’ quarterly survey of advisors — conducted just before the banking turmoil in March and again in May — shows that financial advisors ranked Treasuries, municipal bonds and investment-grade corporate bonds as...
Investment advisors expressed confidence their clients won’t be among those targeted by the IRS in an initiative that cracks down on wealthy tax cheats. The IRS announced Friday that it would use funding from tax and climate legislation approved last year to increase scrutiny of high-income earners, partnerships, large corporations...
Women who put their careers on pause are more than twice as likely than men who do the same to go back to work after retirement. That’s according to data Friday from Charles Schwab, based on a June survey of 1,000 U.S. residents ages 22 to 88 with $50,000 to...
Natalie Wolfsen has stepped down as chief executive of AssetMark Financial Holdings to take over as the new CEO of Orion Advisor Solutions, a competing technology and turnkey asset management provider. AssetMark announced Friday that Michael Kim, a 13-year veteran of AssetMark, has been named the company’s new CEO, effective...
Mifepristone, also known as RU-486, is a medication typically used in combination with misoprostol to bring about a medical abortion during pregnancy and manage early miscarriage.Soumyabrata Roy | Nurphoto | Getty ImagesDrug company Danco Laboratories on Friday asked the Supreme Court to review the case challenging the legality of...
