Meta, formerly Facebook, faces historic drop as stock tanks
Meta is putting a lot of virtual eggs — and billions of dollars — into the metaverse basket, and Wall…
Ralph Lauren Rides Luxury Boom As High-end Apparel Sales Soar
By Uday Sampath Kumar (Reuters) -Ralph Lauren Corp raised its annual revenue forecast on Thursday and became the latest luxury…
Shell Ends 2021 On High Note, Hikes Dividend And Boosts Buybacks
By Ron Bousso LONDON (Reuters) – Shell again boosted its dividend and share repurchases on Thursday after fourth quarter profits…
A likely poor jobs figure for January could prove temporary
WASHINGTON (AP) — Last month, U.S. employers might have shed jobs for the first time in about a year, potentially…
Biden Nominee Raskin Says Not Fed’s Job To Dictate Lending
By Pete Schroeder WASHINGTON (Reuters) -Sarah Bloom Raskin, President Joe Biden’s pick to lead the Federal Reserve’s regulatory work, told…
Fed nominee pushes back against GOP claims of anti-oil bias
WASHINGTON (AP) — Pushing back against critics, a key nominee to the Federal Reserve’s Board of Governors said Thursday before…
Siemens To Increase Research And Development Spending – CEO
ZURICH (Reuters) – Siemens is ramping up its spending on research and development above its rivals, Chief Executive Roland Busch…
Is it time to enter the Metaverse?
Meta Platforms (FB), the artist formerly known as Facebook, posted a disappointing round of earnings. Investors fled for the hills…
Honeywell’s Revenue Misses Estimates On Supply Woes, Lower Mask Demand
(Reuters) -Honeywell International Inc reported lower-than-expected quarterly sales on Thursday, hit by supply chain challenges at its aerospace segment and…
Jobless claims fall for second straight week
WASHINGTON (AP) — After three consecutive weeks of unemployment claims that appeared to rise in tandem with omicron, fewer Americans…