New York CNN — Just this week, Alphabet, Google’s parent company, Microsoft (MSFT) and Vox Media announced layoffs that will affect more than 22,000 workers. Their moves follow on the heels of job cuts earlier this month at Amazon, Goldman Sachs and Salesforce. More companies are expected to do the …
Read More »5 things to know before the stock market opens Wednesday, December 21
Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. A glimmer of holiday cheer Stocks snapped out of …
Read More »NFL nearing rights deal with Google’s YouTube TV for Sunday Ticket
New England Patriots tight end Hunter Henry (85) celebrates his touchdown run against the Cleveland Browns during the third quarter at FirstEnergy Stadium, Oct. 16, 2022. Scott Galvin | USA Today Sports | Reuters The National Football League is finalizing a deal for the rights to its subscription-only package of …
Read More »Executives make media predictions for 2023
Andrew Ross Sorkin speaks with Netflix founder and Co-CEO Reed Hastings during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images Back by popular demand (OK, fine, I just …
Read More »Amazon warehouse workers in UK vote to go on strike
CNN — Amazon warehouse workers at a facility in the United Kingdom plan to go on strike, their union confirmed to CNN on Friday, in a move that’s being billed as a first for the company’s workers in the country. The GMB union, which represents workers in a range of …
Read More »Amazon signs deal to bring Warhammer to screens
Amazon signed an “agreement in principle” with Games Workshop, the firm behind the popular fantasy tabletop game Warhammer, to develop TV and films based on the British company’s intellectual property. Oli Scarff | Afp | Getty Images Amazon will produce film and television series based on franchises from Games Workshop, …
Read More »Moderna, First Solar, Pinterest, Norwegian Cruise Line and more
Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. Dado Ruvic | Reuters Check out the companies making headlines in midday trading. Moderna – The drugmaker saw its stock soar more than 22% after the company issued promising data about …
Read More »5 things to know before the stock market opens Thursday, December 8
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 7, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks in a funk Wednesday was mixed for stocks. The Dow …
Read More »GameStop (GME) earnings Q3 2022
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday its fiscal third quarter sales declined and its cash pile sharply dwindled, as the brick-and-mortar retailer has been working to …
Read More »UAW vote at GM, LG battery plant is a labor test for EV industry
Striking United Auto Workers members and supporters attend a speech by Vermont Sen. Bernie Sanders outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – The United Auto Workers union will for the first time this week attempt to organize a major …
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