The decision includes cutting approximately 500 jobs, primarily in South Korea, and selling off assets related to the storage business, including manufacturing facilities for battery cells and packs.
Investing.com -- Shares of Urban Outfitters (NASDAQ: URBN) jumped 14% in pre-market trading on Wednesday, buoyed by a revised outlook from BofA Securities, which upgraded the company’s stock to a "buy ...
BENGALURU (Reuters) -Indian billionaire Gautam Adani's indictment by U.S. authorities for his alleged role in a $265 million ...
(Reuters) - Shares of Dell (NYSE: DELL) and HP fell on Wednesday after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs.
(Reuters) -Shares in Aston Martin (LON: AML) fell as much as 9% to a more than two-year low on Wednesday after the British luxury carmaker warned that annual profit could fall as much as 11% on ...
December futures on the S&P/TSX index were up 0.09% at 6:10 a.m. ET (1110 GMT). Investors are braced for a data-heavy day with special focus on the personal consumption expenditure index, the Fed's ...
Although Li characterized BlackRock’s current stance as “risk-on,” she emphasized that circumstances could quickly change. She also noted that there is optimism that the market's reaction to potential ...
Investing.com -- Inflows into US equities surged to record levels following the US presidential election, according to a Barclays (LON: BARC) report. The post-election environment, shaped by renewed ...
Investing.com -- Barclays anticipates that the Federal Reserve will implement another 25 basis point rate cut in December, ...
Despite losing the city, her opponent boosted his support in all five boroughs, most significantly in the Bronx, where his ...
This month, Trump created a new unofficial Department of Government Efficiency led by billionaire Tesla (NASDAQ: TSLA) CEO ...
Court adviser Robert Pincus proposed to re-launch the auction after being admonished by the judge for a lack of an agreement ...