Oil falls, markets hold steady as Israel launches Gaza ground offensive
Oil futures dropped Sunday night as markets saw a calm opening following Israel’s launch of a ground offensive in Gaza that drew implied threats from Iran amid market fears of a wider conflict that could disrupt global crude supplies. Oil declined as Israel “seems to be approaching the situation with caution, which has brought a […]
McDonald’s (MCD) Q3 2023 earnings
A McDonald’s restaurant is seen in Belmont, California, on April 3, 2023. Tayfun Coskun | Anadolu Agency | Getty Images McDonald’s is expected to report its third-quarter earnings before the bell Monday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: $3, expected Revenue: $6.58 billion, expected […]
Qantas blames glitchy system for selling tickets for canceled flights
SYDNEY — Australian carrier Qantas Airways QAN, +0.53% said that it sold tickets for flights that it knew had been canceled because of internal systems’ shortcomings rather than for financial gain. Qantas, which faces legal action over the issue following allegations by Australia’s consumer watchdog, on Monday said that its systems had been unable to […]
Hasbro and Mattel stocks drop on poor holiday sales guidance
Game maker Hasbro Justin Sullivan | Getty Images Shares of Hasbro and Mattel sank on Thursday, as both toymakers suggested sales will slow in the fourth quarter. Hasbro’s stock closed down 12% on Thursday, while Mattel closed down 8%. The companies face challenges entering the critical fourth quarter, they said as they separately reported third-quarter […]
How to play the coming January bounce-back for 2023’s stock-market losers
Don’t be too quick to sell the stocks that have performed the worst so far this year, since they are likely to be among the U.S. market’s best performers in January. That’s because those loser stocks will be subjected to two different sources of artificial selling pressure in coming weeks, neither of which has anything […]
Southwest Airlines (LUV) earnings Q3 2023
A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022. Kamil Krzaczynski | AFP | Getty Images Southwest Airlines said Thursday it plans to slow its capacity growth next year, citing moderating travel demand as booking patterns shift back to pre-Covid pandemic norms. Southwest will expand its […]
What their work days look like
Signs offering COVID-19 vaccinations are seen outside of a CVS pharmacy in Washington, DC. Mandel Ngan | AFP | Getty Images Many pharmacy employees at some of the largest U.S. drugstore chains say they’re reaching a breaking point. On top of verifying, filling and dispensing prescriptions, pharmacists and support staff are responsible for administering vaccines, […]
Big Tech earnings have been strong, but Apple is about to answer the thousand-dollar question
While the stock market reactions may not prove it, Big Tech is four-for-four so far this earnings reporting season. Alphabet Inc. GOOG, -0.03% GOOGL, -0.09%, Amazon.com Inc. AMZN, +6.83%, Meta Platforms Inc. META, +2.91% and Microsoft Corp. MSFT, +0.59% all beat earnings and revenue expectations for the latest quarter, showing, among other things that the […]
Pharmacy staff from Walgreens, chains like CVS to walk out again
A sign advertises COVID-19 (coronavirus) vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, August 14, 2023. Brian Snyder | Reuters Some pharmacy staff from Walgreens and other drugstore chains are planning to walk out next week in the latest pushback against what they call unsafe working conditions that put both employees and patients at […]
Women live longer, but save less: Here’s why, and what to do about it
Women live longer than men after the traditional retirement age of 65—18% longer, on average—yet women save less than men do to support themselves in retirement, Census Bureau data shows. About half of all women aged 55 to 66 have no personal retirement savings at all; the same is true for 47% of men, Census says. The difference […]
