Philips stock slumps 8% after issuing profit warning
admin Shares of Philips dropped 8% to their lowest level since 2012 after the Dutch tech…
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PepsiCo stock jumps after profit and revenue beats, raised outlook
Shares of PepsiCo Inc. rallied Wednesday, after the beverage and snack giant reported third-quarter profit…
Read MoreWhy don’t some people ever retire — even if they have plenty of money?
I often meet people who have saved more than enough to retire. In my role…
Read MoreNorway’s Seadrill to relist in New York Stock Exchange this week
Norwegian offshore oil-rig operator Seadrill Ltd. said late Tuesday it has received approval to relist…
Read MoreU.S. warned Saudi Arabia that OPEC+ production-quota cut would make it Russia’s ally in Ukraine. The Saudis were unmoved.
RIYADH, Saudi Arabia — Days before a major oil-production cut by OPEC and its Russia-led…
Read MoreBiden says Saudis will face consequences over OPEC+ production-quota cut that aids Russia and harms Americans
WASHINGTON (AP) — President Joe Biden said Tuesday there will be “consequences” for Saudi Arabia…
Read MoreS&P 500 books second lowest close of the year. And it still can get scarier for stocks.
Scarier days lie ahead for the stock market, according to Mizuho Securities. While the S&P…
Read MoreIntel reportedly plans to lay off thousands of workers, with details potentially emerging alongside quarterly earnings
Intel Corp. may fire thousands of workers by the end of the month, around the…
Read MoreIntel reportedly plans to lay off thousands of workers, with details potentially emerging alongside quarterly earnings
Intel Corp. may fire thousands of workers by the end of the month, around the…
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Opinion: The Fed needs to jack up interest rates a lot more to bring inflation back under control
The Federal Reserve must do more to fight inflation in an economy radically changed by…
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