Stock Market

News Stock Market

Exclusive – Tesla’s Musk feels ‘super bad’ about economy, needs to cut 10% of salaried staff

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla (NASDAQ:TSLA) CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of salaried staff at.

Read More
News Stock Market

Spirit shareholders should approve Frontier deal, Glass Lewis says

By Svea Herbst-Bayliss BOSTON (Reuters) -Shareholder advisory firm Glass Lewis on Friday recommended Spirit Airlines (NYSE:SAVE) investors approve Frontier Group Holdings Inc’s $2.9 billion takeover bid, saying it was the “best available”.

Read More
News Stock Market

Amazon executive behind its massive delivery operation to leave after 23 years

By Akash Sriram and Jeffrey Dastin (Reuters) -Dave Clark, the executive who made Amazon.com Inc (NASDAQ:AMZN) into a worldwide delivery behemoth, is stepping down as chief executive of the online.

Read More
News Stock Market

Morgan Stanley Prefers US Small Caps Over Large Caps

By Sam Boughedda In a note on SMID caps released Friday, Morgan Stanley equity strategist Michelle Weaver said the firm currently prefers US small caps over large caps “given the.

Read More
News Stock Market

Exclusive-Musk feels ‘super bad’ about economy, needs to cut 10% of Tesla jobs

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla (NASDAQ:TSLA) CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of jobs at the.

Read More
Business News Stock Market

Costco Crushes May Comp Sales Expectations, Analysts Impressed

By Senad Karaahmetovic Costco (NASDAQ:COST) reported total comparable sales for May that easily topped the average analyst estimate. The total comparable sales came in at +15.5% to crush the market.

Read More
Business News Stock Market

Burger King caught in complex legal web, thwarting Russia exit

By Hilary Russ NEW YORK (Reuters) – For at least a decade, Burger King’s formula for European expansion has relied on a joint venture partnership, including a master franchisee, to.

Read More
News Stock Market

Futures slide after Musk’s warning on economy

(Reuters) – U.S. stock index futures fell on Friday, after Tesla (NASDAQ:TSLA) CEO Elon Musk said he had a “super bad feeling” about the economy, fueling fresh worries that aggressive.

Read More
News Stock Market

Walmart to add 4,000 jobs with four new U.S. fulfillment centers

By Siddharth Cavale Bentonville, Ark. (Reuters) – Walmart (NYSE:WMT) Inc announced plans on Thursday to open four new fulfillment centers in the United States over the next two years, creating.

Read More
News Stock Market

Instant View: Elon Musk’s ‘super bad feeling’ about the economy

FRANKFURT (Reuters) – Tesla (NASDAQ:TSLA) Chief Executive Elon Musk told top managers he had a “super bad feeling” about the economy and that the electric carmaker needed to cut staff.

Read More