News
Warning for retailers as Target forcasts slow holiday season
In a report released today, Target predicted "flat sales" for its fourth quarter - unusual during the peak shopping season....
Boeing announces 2,500 layoffs and sweeping cuts
After bouncing back from lengthy strikes, Boeing announced the latest cuts to its workforce. According to filings posted on Monday,...
Blackstone acquires $8 billion share in Jersey Mike’s
Jersey Mike’s Subs will sell its majority share to private equity firm Blackstone - according to a statement released today....
Walmart beats predictions in latest quarter
Today, Walmart released a strong Q3 earnings report." In premarket trading, Walmart shares are up 4%. Walmart's Q3 highlights include:...
MicroStrategy Inc. now owns $29 billion in Bitcoin
According to a US Securities and Exchange Commission filing, MicroStrategy Inc. bought 51,780 Bitcoin between Nov. 11 and Nov. 17...
Tesla shares soar as EV industry prepares for rule changes
A report that President-elect Donald Trump plans to create a federal framework for fully self-driving vehicles has sent shares up...
Spirit Airlines files for bankruptcy
After years of losses and a failed merger, the budget airline has filed for bankruptcy protection today. In an open...
Disney’s full year earnings prove streaming is successful
Disney recorded positive earnings for its fourth quarter and full year of 2024, proving that the company has bounced back...
Futures fall after Powell’s comments
U.S. stock index futures fell today after Federal Reserve Chair Jerome Powell gave a speech in Dallas that worried investors...
Canada Post workers go on strike
Canada Post has confirmed that 55,000 workers have gone on strike today after lengthy pay negotiations failed. The strike is...
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