[ad_1] A general view of the exterior of the headquarters of Norfolk Southern on April 1, 2023 in Atlanta, Georgia. Icon Sportswire | Getty Images Norfolk Southern is almost two months into a battle with activist investor Ancora, which is trying to shake up the railroad’s board and oust CEO Alan Shaw. Now the firm …
[ad_1] Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024. Jim Watson | AFP | Getty Images Outgoing Boeing CEO Dave Calhoun’s take-home pay fell to $5 million last year after declining a bonus, compared with $7 million in 2022, …
[ad_1] CNBC’s Jim Cramer said he thinks it could be a good year for small-cap stocks, and shared his top five lesser-known companies in the health-care sector. “I think 2024 could ultimately be the year that small-cap stocks get their mojo back,” he said. “This is a group that went out of style when interest …
Jim Cramer recommends five small-cap health-care stocks Read More »
[ad_1] Tim Cook, CEO of Apple, during an event at Apple Park campus in Cupertino, California, Sept. 12, 2023. David Paul Morris | Bloomberg | Getty Images Apple is laying off 614 workers in California, according to a new state filing, the company’s first significant round of job cuts since the pandemic. The affected Apple …
Apple lays off over 600 California employees after shuttering car project Read More »
[ad_1] U.S. President Joe Biden tours the Intel Ocotillo Campus, in Chandler, Arizona, U.S., March 20, 2024. Kevin Lamarque | Reuters Intel shares fell 4% at one point in extended trading on Tuesday after the company revealed long-awaited financials for its semiconductor manufacturing business, often called a foundry business, in a SEC filing. Intel said …
Intel shares fall after company reveals $7 billion operating loss in foundry business Read More »
[ad_1] Tugboats guide the Maersk Atlanta container ship at the Port of Newark in Newark, New Jersey, US, on Saturday, March 30, 2024. Bloomberg | Bloomberg | Getty Images As the Dali container ship neared the Francis Scott Key Bridge after losing power and with no ability to navigate, there were no tug boats to …
[ad_1] Signs are posted at the entrance to a Macy’s store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Macy’s announced plans to shutter 150 underperforming stores across the United States. Justin Sullivan | Getty Images News | Getty Images Macy’s hasn’t yet shut the approximately …
Macy’s hasn’t closed 150 stores yet. But Target, Kohl’s CEOs already smell opportunity Read More »
[ad_1] 2020 Kia Telluride SUV Mack Hogan | CNBC Kia is recalling more than 427,000 of its Telluride SUVs due to a defect that may cause the cars to roll away while they’re parked. According to documents published by the National Highway Traffic Safety Administration, the intermediate shaft and right front driveshaft of certain 2020-2024 Tellurides …
Kia recalls over 427,000 Telluride SUVs because they might roll away while parked Read More »
[ad_1] Many consumers find buying now and paying later a godsend when cash is tight. Others are wishing they’d paid upfront to avoid pain later. Tia Whiteside, 27, knew she was spending more than she would have without buy now, pay later services — the popular loans that let borrowers split purchases into installments with …
[ad_1] Tupperware products are offered for sale at a retail store on April 10, 2023 in Chicago, Illinois. Scott Olson | Getty Images Tupperware Brands on Friday warned it was not certain its business could continue as a going concern and faced a liquidity crunch due to slumping demand for its iconic food storage containers. …
Iconic Tupperware flags doubts about ability to continue Read More »
[ad_1] A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines said on Friday it will get a monthly credit from International Aero Engines through the end of 2024 as compensation for Spirit being unable to …
[ad_1] CNBC’s Jim Cramer on Thursday guided investors through next week’s Wall Street action, saying to pay attention to new nonfarm payroll data and Walt Disney’s annual shareholder meeting, where its long and arduous proxy fight will come to a head. “In my view, the market’s now well-prepared for a hot employment number, so if the …
Jim Cramer’s week ahead: Nonfarm payroll data and Disney’s proxy fight comes to a head Read More »
