Nike discloses ‘second phase’ of job cuts at its headquarters amid cost-savings efforts
More than 700 staff at Nike’s global headquarters in Oregon will have been laid off by June 28, the company said.
Nvidia’s stock plunge leads Magnificent Seven to record weekly market-cap loss
The decline in Magnificent Seven stocks has erased a collective $934 billion from their market capitalizations so far this ...
Here’s what Biden can actually do to ensure gas prices are ‘affordable’
Gasoline prices are on the rise this election year, and President Joe Biden’s team wants to make sure they’re “affordable” ...
Oil ends below the day’s highs as panic eases over Israel’s retaliation against Iran
Oil prices on Friday pared much of their overnight gains to settle with a more modest rise as “calmer heads” prevailed after ...
‘My boss didn’t even know’: Tesla employees talk about being shocked at how they were laid off
I got the email on my off day, and they sent it in the middle of the night — no warning,” one former Tesla employee said ...
Hepion Pharma to Wind-Down Phase 2b Ascend-NASH Trial, Cites Resource Constraints
By Stephen Nakrosis Hepion Pharmaceuticals said Friday it has begun wind-down activities in its Ascend-Nash trial, which was evaluating the safety ...
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, ...
As Paramount’s stock soars, bonds see net selling despite juicy yields and discounted prices
Shari Redstone, the daughter of the late Paramount Chief Executive Sumner Redstone, has reportedly been keen on selling a ...
These three things make this bullish Wall Street pro question whether stocks are still worth the risk
Being long U.S. stocks — especially large-cap U.S. stocks — has paid off for investors over the long term. But at least one ...
Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional ...