What to make of the latest escalation at Ford
United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29, 2023 in Lansing, Michigan. Bill Pugliano | Getty Images DETROIT – A shift in strategy by the United Auto Workers union this week has some analysts wondering if the parties are — perhaps, counterintuitively — getting closer to a deal. […]
These 10 college athletes are making over $1 million a year from NIL
It now pays to be an amateur. The NCAA started allowing college athletes to make money from their name, image and likeness in 2021, after decades of student-athletes saying it wasn’t fair that they didn’t receive any money while the games they played in generated millions of dollars — especially football and basketball contests. And […]
Wells Fargo WFC Q3 2023 earnings
A Wells Fargo customer uses the ATM at a branch in San Bruno, California, on Aug. 8, 2023. Justin Sullivan | Getty Images Wells Fargo on Friday surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates offset slowing lending activity. Shares of the bank rose 3.1% following the […]
Israeli exec who hired Palestinians in tech boom mourns daughter, urges peace
When Eyal Waldman thinks of his youngest daughter and her boyfriend, he sees them dancing. “Danielle and Noam loved dancing, and I hope they continue dancing somewhere up there,” Eyal Waldman told MarketWatch. Danielle Waldman and Noam Shay were killed at a music festival in southern Israel last week, part of a campaign by the […]
Citigroup (C) Q3 earnings report
Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected revenue and earnings per share. Here’s what the company announced compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv: Earnings per share: $1.63, or $1.52 […]
Walgreens pharmacy staff could stage nationwide walkout
A woman walks near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Pharmacy staff from Walgreens are laying the groundwork for a nationwide walkout and multiple rallies at the end of October to protest unsatisfactory working conditions, and are in talks with employees from […]
Small-cap index books historic second ‘death cross’ in a year. Is a turnaround coming?
The Russell 2000, an index of small-cap stocks, recorded a “death cross” on Friday, its first since April 21, according to Dow Jones Market Data. It also was the first time the index booked two death crosses in the same calendar year. Small-caps sold off on Friday, continuing a pattern of underperformance that has persisted […]
Taylor Swift Eras Tour box office Thursday preview ticket sales
Popcorn buckets are pictured during the “Taylor Swift: The Eras Tour” concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023. Valerie Macon | AFP | Getty Images Taylor Swift fans had just eight hours to buy tickets for last-minute Thursday night previews of her The Eras Tour concert film. […]
UnitedHealth earnings beat estimates as company again raises guidance
UnitedHealth Group Inc. UNH, +2.55% posted better-than-expected earnings for the third quarter on Friday and again raised its full-year guidance. The healthcare-services and insurance giant reported net income of $5.841 billion, or $6.24 a share, for the quarter, up from $5.262 billion, or $5.55 a share, in the year-earlier period. Adjusted per-share earnings came to […]
Novo Nordisk hikes outlook on soaring demand for Wegovy, Ozempic
An Ozempic injection pen is seen on a kitchen table in Riga, Latvia, on Aug. 6, 2023. Jaap Arriens | Nurphoto | Getty Images Novo Nordisk on Friday raised its outlook for its full-year sales and operating profit due to soaring demand for its blockbuster weight loss drug Wegovy and diabetes treatment Ozempic. The revised […]
