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They may “hate the man,” as one put it, but major business players from coast to coast are increasingly on board for a second term after the first one alienated them. When President Donald J. Trump left office, some of Wall Street’s biggest names, who had taken to him during his first term in the […]
Walmart will lay off hundreds of corporate staff and require the majority of employees working remotely or at a handful of off-site offices to relocate, the company announced Tuesday. Walmart is the largest employer in the country, with 1.6 million workers. The majority of employees work in stores or warehouses. Chief people officer Donna Morris […]
President Biden spoke Tuesday about the administration’s decision to announce a new wave of tariffs across an array of Chinese goods. “American workers can outwork and outcompete anyone as long as the competition is fair. But for too long it hasn’t been fair,” the president said while speaking at the White House Lawn. He criticized […]
Updated Tue, May 14 202411:23 AM EDT ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Traders on the floor of the New York Stock Exchange. Ted Shaffrey | AP Stocks moved higher on Tuesday as traders looked for clarity on future Federal Reserve policy moves after April’s producer price index […]
Check out the companies making the biggest moves in premarket trading: Meme stocks — GameStop soared 120%, adding to the 74.4% it gained Monday , after the man who fueled the 2021 GameStop frenzy “Roaring Kitty” posted online for the first time in about three years. Shares of AMC popped 106%, while Reddit and Robinhood […]
It’s like 2021 all over again — at least, in one bullishness-on-steroids corner of the stock market. Several “meme stocks,” or companies whose shares are buoyed by social media buzz rather than traditional business fundamentals like growth and profits, surged ahead of the start of trading on Tuesday. It’s the second consecutive day that such […]
Meme-stock maven Roaring Kitty surfaced on social media again to hype GameStop shares. But there are much more lucrative targets beyond the S&P 500. X Ten stocks in the S&P Composite 1500, including SunPower (SPWR), B. Riley Financial (RILY) and Arbor Realty Trust (ABR), have 30% or more of their shares available for trade in […]
A Walmart associate operates an autonomous forklift around the distribution center. (Credit: Walmart) Walmart is about to have hundreds fewer people working in corporate offices, and remote workers are being asked to return to offices, the Wall Street Journal reported Monday. The U.S. retailer is asking workers at offices in Dallas, Atlanta and Toronto to […]
