A Thursday report from Redfin explained the recent drop in home sales is in part caused by severe winter weather across the country.
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Comcast shares rise on earnings beat, better than expected broadband performance
Comcast beat earnings estimates and raised its dividend by 7% as broadband subscribers fell less than analysts expected.
Continue readingRetail CEO turnover soars, and fewer women hold top jobs in the industry
CEO turnovers are spiking, and rising in the retail industry in particular — but the sector is rarely hiring women for its top jobs.
Continue readingArkhouse has financing in place for a Macy’s take-private, managing partner Kahane says
“Based on public information, there isn’t a bank in the world that would give you committed financing, and that’s just par for the course,” Kahane […]
Continue readingHumana stock plunges on dismal 2024 forecast, as insurers face soaring medical costs
The medical cost increases reflect an increasing number of older adults returning to hospitals to undergo procedures they had delayed during the pandemic.
Continue readingWWE boss Vince McMahon accused of sexual assault and trafficking in new lawsuit
Pro wrestling boss Vince McMahon faces a new lawsuit by a former WWE employee who is one of a number of women who received payouts […]
Continue readingJPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on
The top JPMorgan executives involved in the changes are considered frontrunners to succeed Jamie Dimon as CEO.
Continue readingLevi Strauss plans to cut at least 10% of its global corporate workforce in restructuring
Levi’s announced the layoffs as the apparel retailer reported fourth-quarter earnings.
Continue readingParamount CEO announces layoffs as cost pressures, take-private talks build
Paramount Global announced layoffs, as the company tries to cut costs while it faces acquisition interest.
Continue readingProbe into GM’s Cruise finds poor leadership, culture issues at center of accident response
The report addresses controversy that has swirled around Cruise since an Oct. 2 accident in which a pedestrian was dragged 20 feet by a Cruise […]
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