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Deutsche Bank Says It Will Cut at Least 7000 Jobs in Revamp - Bloomberg

vor 1 Stunde 45 Minuten

Bloomberg

Deutsche Bank Says It Will Cut at Least 7000 Jobs in Revamp
Bloomberg
Deutsche Bank AG will cut equities jobs by a quarter and reduce overall positions by at least 7,000 as chief executive officer Christian Sewing seeks to slash costs and boost profitability at the investment bank. The reductions will take the number of ...
Deutsche Bank announces massive job cuts as pressure mounts on the firm's executivesCNBC
Deutsche Bank workforce to drop below 90000MarketWatch
Deutsche Bank to slash thousands of jobs to control costsMinneapolis Star Tribune
Wall Street Journal
all 59 news articles »
Kategorien: Business

The 1 Thing General Electric Co. Must Do for Its Shareholders - Yahoo Finance

vor 5 Stunden 34 Minuten

Yahoo Finance

The 1 Thing General Electric Co. Must Do for Its Shareholders
Yahoo Finance
This hasn't been a good year so far for investors in General Electric (NYSE: GE) -- its stock price is down almost 19% at the time of this writing. However, shares are actually up 9% in the last month. While it's not a good idea to focus too much on ...
Turning GE's Sacred Cows Into HamburgerWall Street Journal
Why General Electric Company Stock Tumbled TodayMotley Fool
General Electric Company (GE) Presents At Electrical Products Group Conference (Transcript)Seeking Alpha
Boston Business Journal -MarketWatch -Seeking Alpha -Seeking Alpha
all 221 news articles »
Kategorien: Business

US launches investigation into automobile imports on a 'national security' basis - CNBC

vor 7 Stunden 43 Minuten

CNBC

US launches investigation into automobile imports on a 'national security' basis
CNBC
The U.S. Department of Commerce started an investigation into automobile imports to determine whether they "threaten to impair the national security" of the United States, the agency said in a statement on Wednesday night local time. The surprise ...
WSJ: Trump considering tariffs on new imported autos up to 25%Seeking Alpha
Trump may impose tariffs on car imports: reportEJ Insight
Trump administration weighs new tariffs on imported vehicles, report saysSTLtoday.com
Nikkei Asian Review
all 68 news articles »
Kategorien: Business

Bankrupt Necco Wafers maker New England Confectionery sold at auction to Spangler Candy - USA TODAY

vor 10 Stunden 11 Minuten

USA TODAY

Bankrupt Necco Wafers maker New England Confectionery sold at auction to Spangler Candy
USA TODAY
BOSTON — The 171-year-old candy maker known for its chalky Necco Wafers and those little inscribed hearts that are everywhere on Valentine's Day was sold in bankruptcy court Wednesday. The Ohio-based Spangler Candy Co. had the winning $18.83 ...
Rodent feces, gnaw holes discovered in Necco factory, FDA saysMassLive.com
BE MINE: Maker of candy hearts, Necco Wafers sold at auctionSeattle Times
Necco is sold for $18.8 million at bankruptcy auctionThe Boston Globe
Pittsburgh Post-Gazette
all 19 news articles »
Kategorien: Business

Victoria's Secret Owner L Brands Slides on Disappointing Outlook - Bloomberg

Mi, 05/23/2018 - 23:29

Bloomberg

Victoria's Secret Owner L Brands Slides on Disappointing Outlook
Bloomberg
L Brands Inc., which owns the Victoria's Secret and Bath & Body Works chains, slashed its full-year profit outlook -- sending shares sliding in late trading. The company now sees full-year profit of $2.70 to $3 a share, down from its earlier estimate ...
Victoria's Secret parent L Brands tumbles on lowered guidanceBusiness Insider

all 10 news articles »Google News
Kategorien: Business

'Not who we aspire to be': Starbucks previews next week's racial bias training for 8000 stores - Washington Post

Mi, 05/23/2018 - 22:50

Washington Post

'Not who we aspire to be': Starbucks previews next week's racial bias training for 8000 stores
Washington Post
Starbucks on Wednesday unveiled a preview of its unconscious bias training days before it will close 8,000 stores for four hours on the afternoon of May 29. “May 29 isn't a solution, it's a first step,” said Rossann Williams, Starbucks executive vice ...
Starbucks' Homeless ProblemWall Street Journal
Starbucks calls anti-bias training part of 'long-term journey'Reuters
Will Starbucks become America's largest chain of homeless shelters?Fox News
Forbes -CNBC -Wall Street Journal -Starbucks Newsroom
all 61 news articles »
Kategorien: Business

Victoria's Secret parent L Brands tumbles on lowered guidance - Business Insider

Mi, 05/23/2018 - 22:41

Business Insider

Victoria's Secret parent L Brands tumbles on lowered guidance
Business Insider
L Brands is falling more than 6% in post-market trading Wednesday after releasing first-quarter results. The owner of Victoria's Secret, PINK, and Bath & Body Works beat on both the top and bottom lines. However, it lowered its full-year 2018 earnings ...

and more »
Kategorien: Business

Uber's raising up to $600M in a secondary round at $62B valuation, Q1 sales grew to $2.5B - TechCrunch

Mi, 05/23/2018 - 22:36

TechCrunch

Uber's raising up to $600M in a secondary round at $62B valuation, Q1 sales grew to $2.5B
TechCrunch
Uber's CEO is in Paris this week meeting with the French president to talk tech in Europe and expanding its insurance coverage in the region, but back in the US the company is moving ahead on another kind of expansion. TechCrunch has learned and ...
Uber gives drivers sick pay and parental leaveBBC News
Uber covers illness and parental leave for European driversEngadget
Uber rolls out health insurance for drivers across EuropeCNET
VentureBeat
all 42 news articles »
Kategorien: Business

GE's stock plunges toward worst day in 9 years after CEO John Flannery starts talking - MarketWatch

Mi, 05/23/2018 - 21:09

Firstpost

GE's stock plunges toward worst day in 9 years after CEO John Flannery starts talking
MarketWatch
Shares of General Electric Co. plunged in very active trade Wednesday, putting them on track for the biggest selloff nine years, with losses accelerating after Chief Executive John Flannery started talking at an industry conference. The industrial ...
Turning GE's Sacred Cows Into HamburgerWall Street Journal
No One Said GE's Turnaround Would Be EasyBloomberg
Why General Electric Company Stock Tumbled TodayMotley Fool
TheStreet.com -Seeking Alpha -CNBC
all 29 news articles »
Kategorien: Business

GE's stock plunges toward worst day in 9 years after CEO John Flannery starts talking - MarketWatch

Mi, 05/23/2018 - 21:09

Firstpost

GE's stock plunges toward worst day in 9 years after CEO John Flannery starts talking
MarketWatch
Shares of General Electric Co. plunged in very active trade Wednesday, putting them on track for the biggest selloff nine years, with losses accelerating after Chief Executive John Flannery started talking at an industry conference. The industrial ...
No One Said GE's Turnaround Would Be EasyBloomberg
GE Chief Gives Cautious Outlook for Power BusinessWall Street Journal
Has Wall Street Completely Lost Its Mind on General Electric?TheStreet.com
CNBC -Barron's -Benzinga -Financial Times
all 24 news articles »
Kategorien: Business

Chipotle to move headquarters from Denver to Southern California - Nation's Restaurant News

Mi, 05/23/2018 - 20:58

Nation's Restaurant News

Chipotle to move headquarters from Denver to Southern California
Nation's Restaurant News
After only a few months on the job, it appears that Chipotle Mexican Grill's new CEO Brian Niccol is homesick for Southern California. The Denver-based fast-casual chain announced plans to relocate its Colorado headquarters to Newport Beach, Calif.
Chipotle to close Denver, New York offices and move headquarters to Southern CaliforniaCNBC
Chipotle Announces Plans For New Headquarters In Southern California To Fuel GrowthPR Newswire (press release)
Chipotle is closing its headquarters in Denver and New York and moving everything to Taco Bell's backyardBusiness Insider
The Denver Post -CBS Denver -The Denver Channel -MarketWatch
all 23 news articles »
Kategorien: Business

Uber shutters its driverless-car operations in Arizona - CNET

Mi, 05/23/2018 - 20:15

CNET

Uber shutters its driverless-car operations in Arizona
CNET
The XC90 pictured here is the make of the vehicle involved in the fatal accident in Tempe, Arizona. Uber. Uber has decided to stop its self-driving car program in Arizona. The ride-hailing company said Wednesday that it will pull out of the state and ...
Uber ends self-driving operation in ArizonaThe Verge
Uber is done testing self-driving cars in ArizonaTechCrunch
Uber is shuttering its Arizona self-driving testing operations and laying off 300 test driversRecode
Reuters -Wall Street Journal -Ars Technica -Quartz
all 58 news articles »
Kategorien: Business

Fed Minutes Signal Rate Increase in June - Wall Street Journal

Mi, 05/23/2018 - 20:13

New York Times

Fed Minutes Signal Rate Increase in June
Wall Street Journal
Federal Reserve Chairman Jerome Powell spoke in Chicago in April. The central bank next meets June 12-13, after which Mr. Powell is scheduled to hold a press conference. Photo: Antonio Perez/TNS/Zuma Press. By. Nick Timiraos. Nick Timiraos. The Wall ...
Fed indicates it will let inflation run above 2 percent goal for 'temporary period'CNBC
Fed Sees Next Hike Soon, Signals Modest Inflation Overshoot OKBloomberg
Most Fed policymakers say rate rise likely needed 'soon': minutesReuters
MarketWatch
all 78 news articles »
Kategorien: Business

Trump may not block Twitter users over political views - Nasdaq

Mi, 05/23/2018 - 19:21

Nasdaq

Trump may not block Twitter users over political views
Nasdaq
By Brendan Pierson. NEW YORK, May 23 (Reuters) - A federal judge in New York on Wednesday ruled that President Donald Trump may not legally block Twitter users because doing so violates their rights under the First Amendment of the Constitution.
Federal Court Rules that President Trump's Blocking of Twitter Critics Violates First Amendment | Knight First ...Knight First Amendment Institute
Judge rules Trump can't block users on TwitterThe Hill

all 154 news articles »
Kategorien: Business

Famed Vegas Casinos Could Be Hobbled As Thousands Of Workers Authorize Strike - NPR

Mi, 05/23/2018 - 18:24

NPR

Famed Vegas Casinos Could Be Hobbled As Thousands Of Workers Authorize Strike
NPR
Tourism helps keep the wheel of Las Vegas' economy spinning, but a hitch could slow the spokes as tens of thousands of hospitality workers are preparing to strike as early as next month. The Culinary Workers Union, Nevada's largest labor organization, ...

and more »Google News
Kategorien: Business

Ackman Takes Roughly $1 Billion Stake in Lowe's - Wall Street Journal

Mi, 05/23/2018 - 18:18

Wall Street Journal

Ackman Takes Roughly $1 Billion Stake in Lowe's
Wall Street Journal
William Ackman's Pershing Square Capital Management LP is joining another activist investor in Lowe's Co LOW 10.53% s., hoping to profit as the retailer tries to make improvements under a new chief executive. Pershing Square has built a stake in the ...
Ackman Targets Lowe's After Q1 MissTheStreet.com
Ellison's Departure Is an Opportunity for JC PenneyMotley Fool
Report says Ackman takes $1 billion Lowe's stake, shares surgeReuters
Bloomberg -CNBC -U.S. News & World Report -MarketWatch
all 56 news articles »
Kategorien: Business

Tiffany's booming sales send stock soaring - CNNMoney

Mi, 05/23/2018 - 18:09

CNNMoney

Tiffany's booming sales send stock soaring
CNNMoney
It looks like consumers around the world are having breakfast, brunch, lunch, dinner and dessert at Tiffany's. The luxury retailer's sales and profits topped forecasts, and Tiffany also boosted its outlook. Shares rose a shiny 19% Wednesday. Tiffany ...
Tiffany's upbeat quarter, higher forecasts push stock to record highReuters
Tiffany's Sales Blow Away Estimates, Sending Shares SoaringBloomberg
Tiffany's quarterly earnings trounce estimates, shares spike 17%CNBC
Business Wire (press release) -U.S. News & World Report -Benzinga
all 60 news articles »Google News
Kategorien: Business

Russian Hackers Have The Power To Kill The Internet Across 500000 Routers - Forbes

Mi, 05/23/2018 - 17:28

Forbes

Russian Hackers Have The Power To Kill The Internet Across 500000 Routers
Forbes
Just last month, the U.S. and U.K. governments officially blamed Russia for a large-scale attack on home and office routers. On Wednesday, cybersecurity researchers from Cisco Talos revealed their research into Russia-linked attacks that hit 500,000 ...
VPNFilter Malware Infects 500k Routers Including Linksys, MikroTik, NETGEARThreatpost

all 39 news articles »
Kategorien: Business

Turkish lira dives against the dollar - BBC News

Mi, 05/23/2018 - 16:50

Kansas City Star

Turkish lira dives against the dollar
BBC News
The Turkish lira has fallen more than 5% to hit a record low against the US dollar. The currency has lost more than a fifth of its value this year as fears grow that the government might undermine the powers of Turkey's central bank. Many investors ...
Italy Without the Euro Would Not Be Argentina or Turkey—It Would Be the UKBarron's
The Turkish lira is in 'complete freefall' amid concerns of Erdogan's influence on its central bankBusiness Insider
Turkish lira hits record low, down 20 percent against dollar this yearReuters

all 214 news articles »
Kategorien: Business

US New Home Sales Fell in April - Wall Street Journal

Mi, 05/23/2018 - 16:04

Fox News

US New Home Sales Fell in April
Wall Street Journal
A newly-constructed home is offered for sale in Chicago in April. Photo: Scott Olson/Getty Images. By. Sharon Nunn and. Sharon Nunn. The Wall Street Journal. BiographySharon Nunn · @sharonmnunn · sharon.nunn@wsj.com. Sarah Chaney. Sarah Chaney.
US sales of new homes slipped 1.5 percent in AprilMinneapolis Star Tribune

all 16 news articles »
Kategorien: Business

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