Elon Musk slashing jobs at Twitter to avoid $700M loss next year: sources
admin Elon Musk’s drastic decision to lay off half of Twitter’s workforce on Friday was driven…
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Mobileye IPO: 5 things to know about the Intel autonomous-driving spinoff
While Intel INTC, +0.71% executives reportedly dreamed of a valuation as high as $50 billion,…
Read MoreHuntington Bancshares takes long view as other banks scramble on mortgages, auto loans and lower deposits
Huntington Bancshares Corp. stock rallied Friday as the financial-services company raised its outlook for net…
Read MoreMorgan Stanley evaluating job cuts, CEO says
Morgan Stanley CEO James Gorman said the marquee investment bank is studying potential job cuts…
Read MoreWhy risk of lower 2023 earnings spells bad news for stock market as inflation crushes Fed-pivot hopes
Unrelenting inflation has dashed hopes for a quick pivot away from aggressive interest rate hikes…
Read MoreJPMorgan profit falls but beats estimates while Morgan Stanley misses
JPMorgan Chase & Co. shares rose Friday after the megabank beat analyst targets for third-quarter…
Read MoreExpect job-market strength to hold despite labor costs pinching company earnings
Not everyone expects to see large-scale layoffs wash over America, even as recession fears lurk…
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 MoreS&P 500 would be in an ‘earnings recession’ if not for this one booming sector — but that may not last long
Fears of an actual recession are weighing on investors near the end of 2022, but…
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Opinion: Wall Street CEOs confirm their allegiance to Beijing
China has been in the news plenty this year. First there was the controversy surrounding…
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