Pedestrians walk along Wall Street near the New York Stock Exchange in New York. Michael Nagle | Bloomberg | Getty Images The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are yet to come. Even as the economy has surprised forecasters with its resilience, lenders
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In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT SportsCenter at ESPN Headquarters. The Washington Post | The Washington Post | Getty Images The reorganization of Disney‘s business is giving investors a glimpse at ESPN’s financials for the first time. The inside look – which shows ESPN’s revenue has been decreasing in recent quarters
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023. Joan Cros | Nurphoto | Getty Images Netflix is correcting the Great Netflix Correction. There once was a time, long ago in April 2022, when Netflix reported
Signage is seen at The Collection at Morristown, a housing development by Lennar Corporation, in Morristown, New Jersey, November 13, 2021. Andrew Kelly | Reuters Mortgage rates last week rose for the sixth straight week, causing demand for home loans to drop to the lowest level since 1995. Total application volume fell 6.9% compared with
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT – General Motors said Tuesday it is delaying production of all-electric trucks at a Michigan plant by at least a year
In this article MGM CZR WYNN Follow your favorite stocksCREATE FREE ACCOUNT MGM Resorts International’s MGM Grand Detroit hotel stands in Detroit on Oct. 30, 2013. Bryan Mitchell | Bloomberg | Getty Images Auto workers aren’t the only ones on strike in Detroit. Thousands of casino workers, seeking higher wages and better working conditions, walked
In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Johnson & Johnson on Tuesday reported adjusted earnings and revenue that topped Wall Street’s expectations, driven by a surge in
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Bill Ford, Executive Chairman of Ford Motor Company, announces at a press conference that Ford will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in
In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT Taylor Swift performs onstage for the opening night of “Taylor Swift | The Eras Tour” at State Farm Stadium. Kevin Mazur | Getty Images Entertainment | Getty Images Box office analysts became Swifties in the lead-up to Taylor Swift’s Eras Tour concert film release, estimating