News
Anheuser-Busch to lay off hundreds of corporate employees
Following Bud Light’s wavering sales, beer giant Anheuser-Busch announced it will lay off hundreds of employees across all of its...
Netflix lowers ad prices for new streaming tier
Streaming giant Netflix has lowered advertising prices for the $6.99 per month ad-supported membership tier the company introduced last year....
Ford’s profits rise as losses hit EV division
Ford Motor Company profits outpaced Wall Street expectations in Q2, earning 72 cents per share compared to the 55 cents...
The Dow dips, ending record winning streak
The Dow Jones Industrial Average fell 237 points on Thursday, ending the Dow’s 13-day consecutive winning streak. The now-concluded run...
Gap hires top Mattel executive as new CEO
After a year-long search, Gap Inc. announced Mattel President and COO Richard Dickson has been chosen as the company’s new...
SEC suggests new AI regulations for Wall Street
U.S. Securities and Exchange Commission voted Wednesday to propose new regulations on online brokerages that would limit how artificial intelligence...
Meta’s stock rises after $32 billion quarter
Facebook parent company Meta beat out Wall Street expectations with an 11% year-over-year revenue increase in Q2. The $32 billion...
Federal Reserve raises interest rate .25%
On Wednesday, July 26, the U.S. Federal Reserve hiked its key interest rate by .25%. The move brings U.S. interest...
Snap’s sales down for second time in a row
Snap, the parent company of Snapchat has endured an ad slump and the challenges of being a smaller social media...
Microsoft revenue up 8%
Microsoft shook off recession fears with a second quarter report of record sales and profits on Tuesday. The healthy numbers...
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