Walt Disney Co to begin second wave of layoffs, cutting several thousand jobs – sources
(Reuters) – Walt Disney (NYSE:DIS) Co will begin a second wave of layoffs on Monday, as it works toward eliminating 7,000 jobs…
LVMH’s Market Value Exceeds $500 Billion, a First in Europe
LVMH’s market value surpassed $500 billion, becoming the first European company to reach that milestone, thanks to booming sales of…
Dow futures fall 45 pts; tech earnings, growth data in focus
U.S. stocks are seen opening lower Monday, as investors cautiously await quarterly earnings from the big tech sector as well…
Chile’s lithium nationalization shines light on emerging tech
(Reuters) – Chilean President Gabriel Boric’s plan to nationalize his country’s immense lithium industry is putting the spotlight on an…
Tesla stock dips on raised 2023 capex forecast
Tesla (NASDAQ:TSLA) shares are trading around 1.5% lower in pre-market Monday after the electric vehicle (EV) maker increased its capital expenditures forecast…
India stocks higher at close of trade; Nifty 50 up 0.68%
India stocks were higher after the close on Monday, as gains in the Banking, Public Sector Undertakings and Real Estate sectors led shares higher. At…
Coca-Cola earnings beat by $0.03, revenue topped estimates
Coca-Cola (NYSE: KO) reported first quarter EPS of $0.68, $0.03 better than the analyst estimate of $0.65. Revenue for the quarter…
Japan stocks higher at close of trade; Nikkei 225 up 0.10%
Japan stocks were higher after the close on Monday, as gains in the Precision Instruments, Gas & Water and Trading sectors led shares higher. At…
Bed Bath & Beyond files for bankruptcy protection after long struggle, begins liquidation sale
Bed Bath & Beyond Inc filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to…
Citigroup’s Asia Q1 wealth revenue jumps 20% amid new clients, investment gains
(Reuters) -Citigroup’s Asia wealth revenue surged 20% in the first quarter of 2023, backed by investment gains, insurance revenue and…