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Walmart to Split Stocks in Bid to Boost Employee Ownership
Key Takeaways
Walmart will issue two new shares for every outstanding one in late…
Holcim To Spin Off North American Unit With US Listing Valued at $30 Billion
Key Takeaways
Swiss cement maker Holcim Ltd. is creating a separate U.S.-listed…
What You Need To Know Ahead of Microsoft’s Earnings on Tuesday
Key Takeaways
Microsoft is expected to report its best revenue in almost two years…
Salesforce Cuts 700 Jobs in Latest Big Tech Layoff
Key Takeaways
Salesforce is reportedly laying off 700 workers or around 1% of its…
Levi Strauss Plans to Cut As Much as 15% of Global Staff
KEY TAKEAWAYS
Levi Strauss plans layoffs of 10% to 15% of its global workforce to…
4 Key Takeaways From Intel’s Earnings Call
After Intel's (INTC) first quarter of 2024 outlook drew investors' attention away…
GM-Honda Joint Venture Begins Hydrogen Fuel Cell Production
Key Takeaways
A joint venture between General Motors Co. and Honda Motor Co. has…
American Airlines Stock Soars After Q4 Earnings Beat, Better-Than-Expected Guidance
Key Takeaways
American Airlines beat profit and sales forecasts for the fourth…
Microsoft Lays Off 1,900 Gaming Workers Amid a Wave of Tech Job Cuts
Key Takeaways
Microsoft is reportedly laying off 1,900 gaming workers, or about 9%…
FAA Blocks Boeing Expansion of Max 737s, Clears Path for Grounded Jets to Fly
KEY TAKEAWAYS
Boeing shares tumbled after the Federal Aviation Administration…