US Business
Rivian to Cut Workforce by 10%
The electric-vehicle maker signaled flat production for 2024, falling short of Wall Street forecasts.
Month: February 2024
US Business
China’s Stock-Sale Ban Eases Path to Propping Up Reeling Markets
China’s reported ban on the net sales of equities during market opens and closes theoretically makes it easier to prop up reeling stocks, in part by hamstringing quantitative traders at critical parts of the trading day.
US Business
The New Hot Climate Investment Is Heat Itself
Batteries that store heat can replace fossil fuels for steelmaking and other industrial processes.
US Business
Knorr-Bremse Jumps on Profit Beat, Outlook Upgrade
Knorr-Bremse shares were up almost 7% after it reported better-than-expected results and issued guidance ahead of consensus forecasts.
US Business
Lloyds Banking To Start Buyback After Profit Beat
Lloyds Banking launched a $2.5 billion share buyback after its profits rose in the fourth quarter despite lower income and a higher provision.
US Business
Telefonica Earnings Top Forecasts
Telefonica reported better-than-expected underlying profits and revenue for the fourth quarter and forecast growth of 1%-2% this year.
US Business
AT&T Mobile Service Outage Cuts Off Thousands Nationwide
AT&T said it restored wireless service after reports of problems with calls and texting in metro areas including Houston, Chicago, Miami and New York City.
US Business
Vice Media to Stop Publishing on Vice.com, Plans to Cut Hundreds of Jobs
The cuts follow a failed effort by owner Fortress to sell embattled digital publisher and its brands.
US Business
Social-Media Company Reddit Files for IPO
The company, which first filed confidentially for an IPO in late 2021, didn’t detail how many shares it would issue, or the price of each share.
Education
Crowder College Seeking Feedback on Website Redesign
Crower College needs your help! They are seeking feedback from students, faculty and staff, and community members regarding how they can improve their website. Your answers will help them create a new digital experience. If […]