Browsing: Business
Stellantis is offering voluntary buyouts to 33,500 U.S. employees in order to cut costs and streamline operations, Reuters reports.The manufacturer…
SINGAPORE, April 26 (Reuters) – The dollar retreated on Wednesday on fresh signs of a U.S. slowdown after orders for…
First Republic Bank’s stock price plunged more than 20% on Wednesday morning, following a nearly 50% drop on Tuesday after…
Q1 adj EPS of $1.50 vs est. of $1.39Q1 net revenue $17.85 bln vs est. $17.22 blnShares up 2%April 25…
April 25 (Reuters) – Biogen Inc (BIIB.O) said on Tuesday it will pause or discontinue at least four studies of…
April 25 (Reuters) – First Republic Bank (FRC.N) has been sued by shareholders who accused the beleaguered U.S. regional bank…
Plans to shrink balance sheet and explore optionsDeposits in Q1 plunge more than $100 bln vs Q4Shares hit record lowWall…
April 25 (Reuters) – Raytheon Technologies Corp (RTX.N) reported a 4% rise in quarterly adjusted profit on Tuesday, as the…
3M announced 6,000 layoffs globally Tuesday as part of their recent restructuring efforts.The owner of brands such as Post-It, Scotch…
First Republic plunges 49% on $100-bln deposit flightUPS dives ~10% on bleak full-year rev. expectationsDow transports index swoons in sympathy…