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There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon

The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in…
Investing

Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about…
Investing

USDA documented insects and slime at Boar’s Head plants, records show

Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down last year after a…
Investing

MSNBC President Rashida Jones steps down after four-year tenure

Rashida Jones, the president of MSNBC, announced Tuesday that she is stepping down after four years of steering the cable news network….
Investing

Comcast and Harris Blitzer to build NBA, NHL stadium in south Philadelphia

Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the…
Investing

SEC charges Robinhood with securities violations; brokerage to pay $45 million penalty

The Securities and Exchange Commission on Monday said two related Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges that they violated more…
Investing

Southwest Airlines pauses corporate hiring, most summer internships to cut costs

Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events that date…
Investing

Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024

Boeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with a crisis…
Investing

Here’s why the Iron ore and copper prices are surging

Copper and iron ore prices have started the year well even as the US dollar index and government bond yields surged. Iron…
Investing

CAC 40 analysis as EUR/USD eyes parity, France bond yields surge

The CAC 40 index remained on edge as the euro crashed to near parity and French government bond yields rallied. The index,…
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