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Nokia says will cut up to 14,000 jobs

Nokia will slash up to 14,000 jobs in a major cost-cutting drive, it said in a statement on Thursday....

October 19, 2023, 2:22 am

Albemarle shares tumble after bofa downgrade, anticipating softness in lithium market

Lithium producer Albemarle (ALB) was the worst-performing stock in the S&P 500 on Wednesday as shares fell 9.8% after Bank of America downgraded the s...

October 18, 2023, 4:55 pm

Tesla profit margins shrink after elon musk-owned ev maker slashed prices

Since January resorted to steep price cuts and discounts, including reductions of more than 6% across models in the third quarter....

October 18, 2023, 4:49 pm

Tesla q3 profit falls 44% on ev price cuts

Tesla's decision to slash EV prices along put pressure on margins, causing profits to fall 44% in the t...

October 18, 2023, 4:38 pm

Tesla reports lower third-quarter margin

Tesla's third-quarter gross margin shrank from a year earlier as the electric automaker slashed prices ...

October 18, 2023, 4:04 pm

St james's place earnings could “accelerate” post fee review, say barclays analysts

Wealth management advisory St James's Place PLC (LSE:STJ) has been forced to slash its exit fees follow...

October 18, 2023, 10:59 am

Imf slash their china growth forecasts for 2023 (5% from 5.2%) and 2024 (4.2% from 4.5%)

more to come International Monetary Fund (IMF) This article was written by Eamonn Sheridan at www.forexlive.com......

October 18, 2023, 1:02 am

2023 layoff tracker: ford cuts 1,200 more jobs as uaw strike drags on

Hundreds of U.S. companies have slashed their workforces this year, including Amazon, Google, Meta and ...

October 17, 2023, 11:35 am

Engine maker rolls-royce to axe up to 2,500 jobs

Rolls-Royce, the British manufacturer of aircraft engines, said Tuesday it plans to axe up to 2,500 jobs worldwide, or about six percent of its staff,...

October 17, 2023, 11:21 am

Bad news for electric vehicles: avoid arvl, nio, vinfast stocks

The situation is getting worse for companies in the electric vehicle (EV) industry as more signs of slowdown emerge. On Monday, Ford confirmed that it...

October 17, 2023, 9:20 am

Rolls-royce plans up to 2,500 job cuts to revamp its 'burning platform' business

Aircraft engine maker Rolls-Royce will slash up to 2,500 jobs worldwide in a bid to streamline its oper...

October 17, 2023, 7:34 am

Moderna shares slump amid concerns about covid-19 vaccine demand

Moderna (MRNA) was the worst-performing stock in the S&P 500 on Monday as shares lost over 6% after the biotech firm said it “remains comfortable”...

October 16, 2023, 4:55 pm

Novavax positive on updated covid vaccine availability in us

Novavax said on Monday it was "encouraged" by the broad availability of its updated COVID-19 vaccine being rolled out in the U.S., days after rival Pf...

October 16, 2023, 4:05 pm

Bitcoin’s etf approval rumor, pfizer slashes annual outlook, activist shareholder shakes up news corp’s status quo: today’s top stories

Bitcoin (BTC/USD), the ace cryptocurrency, spiked on unverified reports of the approval of an iShares Bitcoin ETF. BlackRock said the information is f...

October 16, 2023, 2:44 pm

Ford (f) temporarily slashes headcount in michigan plant

Ford (F) temporarily lays off employees at Rouge EV Center in Michigan due to multiple issues, including supply chain constraints....

October 16, 2023, 1:32 pm

Pfizer confronts ‘peak of anti-vaccination rhetoric' as shares rebound

Pfizer Inc. PFE, +5.52% on Monday sought to reassure investors that it can slash costs to repair the da...

October 16, 2023, 11:05 am

Moderna reaffirms annual covid vaccine sales forecast

Moderna on Monday reaffirmed its forecast of $6 billion to $8 billion in COVID vaccine sales for the year, after rival Pfizer ...

October 16, 2023, 9:17 am

Vaccine stocks—including pfizer, moderna, biontech and novavax—slide amid plummeting demand

Pfizer slashed its revenue forecasts on Friday amid falling demand for its Covid vaccine and antiviral ...

October 16, 2023, 7:18 am

Ocado slips as barclays downgrades

Ocado Group PLC (LSE:OCDO) topped the FTSE 100 fallers on Monday, down 4.6%, after Barclays downgraded the stock to underperform from equal weight. It...

October 16, 2023, 5:21 am

Pfizer slashes outlook: projects weak demand for covid-19 vaccine and paxlovid

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tun...

October 13, 2023, 8:31 pm


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