(Reuters) -Apple continued its struggle in the new year on Thursday, plumbing an eight-week low after Piper Sandler handed the…
Pharmacy chain Walgreens cuts dividend to save cash, shares slump
By Bhanvi Satija and Mariam Sunny (Reuters) -Walgreens Boots Alliance on Thursday nearly halved its dividend payout as it attempts…
Conagra Brands cuts annual forecasts on sluggish demand recovery
By Juveria Tabassum (Reuters) -Conagra Brands cut its annual organic net sales growth and profit forecasts on Thursday, warning of…
SpaceX illegally fired workers critical of Elon Musk, US labor agency says
By Daniel Wiessner (Reuters) -Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully…
US chip stocks tumble after strongest year since 2009
By Noel Randewich (Reuters) – U.S. chip stocks added to a string of losses on Wednesday, with Wall Street’s main…
Disney wins activists’ backing in boardroom fight with Peltz
By Svea Herbst-Bayliss (Reuters) -Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to back Walt Disney Co…
Goldman Sachs Asset Management raises $650 million for life sciences fund
(Reuters) – Goldman Sachs Asset Management said on Wednesday it had raised $650 million for a new fund that will…
Tesla delivers record Q4 cars, but China’s BYD steals top EV spot
By Akash Sriram (Reuters) -Tesla delivered a record number of electric vehicles in the fourth quarter, beating market estimates and…
Apple hits seven-week low after Barclays downgrade on demand concerns
By Aditya Soni and Medha Singh (Reuters) -Apple on Tuesday fell nearly 3.6% to a seven-week low after Barclays downgraded…
EV maker Rivian’s quarterly deliveries miss expectations, shares tank
By Zaheer Kachwala (Reuters) -Rivian Automotive missed market estimates for fourth-quarter deliveries as tough competition and high interest rates weighed…