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.
Luke Chan | E+ | Getty ImagesAlmost half — 46% — of 401(k) investors don't know what investments are in their workplace retirement plan, according to a new CNBC Your Money Survey, conducted by SurveyMonkey.But that's not necessarily bad news, financial advisors said.That's because most employers that offer a...
John M Lund Photography Inc | Digitalvision | Getty ImagesMost Americans will have to rely on their savings to fund their retirement, but financial stress makes it hard for many workers to save.A new CNBC Your Money Survey conducted by SurveyMonkey found that 74% of Americans are feeling financially...
There’s more than one way to shine a penny—or in this case, to grow your advisory business. While adding new clients is critical, when you’re building a legacy, it’s not the only important approach. Another way to create a sustainable practice is by developing new talent. Hiring an associate advisor...
Validus Financial Associates, which oversaw approximately $800 million in assets at Lincoln Financial Group, has found a new home at LPL Financial, the firm announced Wednesday. Validus also joined LPL Financial’s broker-dealer, RIA and custodial platforms. The Peoria, Arizona-based firm is led by senior partners Ryan Kidd and Aaron Montez, who...
What is the currency of the future? Is it a world where transactions are quick, borderless, and secure, largely enabled by digital or cryptocurrencies? This new form of currency could be built on decentralized blockchain technology. It would make it resilient to single points of failure and resistant to...
Warner Bros. Discovery CEO David Zaslav.Olivia Michael | CNBCThe media industry is in a transitional moment — from streaming to traditional TV — and the focus needs to be on ending the writers and actors strikes, Warner Bros. Discovery CEO David Zaslav said on Wednesday."We're a content company. We're...
UAW President Shawn Fain addresses union members during a Solidarity Sunday rally in Warren, Michigan, Aug. 20, 2023Michael Wayland / CNBCA strike by the United Auto Workers union against the Detroit automakers would help President Joe Biden and other politicians pick a side when it comes to organized labor,...
