Deira Trading Company

Hims & Hers offers upbeat forecast, but stock slides after hours

Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo of Friday’s sell-off amid concerns about the fate of its Ozempic alternatives.

Jamie Dimon calls U.S. government ‘inefficient,’ touts Elon Musk’s DOGE effort

JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer Financial Protection Bureau. Dimon was asked by CNBC’s Leslie Picker whether he supported efforts by Elon Musk’s Department of Government […]

Starbucks to lay off 1,100 corporate workers

Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021.  Toby Scott | Lightrocket | Getty Images Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO, Brian Niccol, said Monday. The cuts will not affect workers at the […]

Source: CurrencyRate