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Nasdaq futures jump 2% after Microsoft’s strong forecast; Fed decision looms

By Susan Mathew and Devik Jain (Reuters) -U.S. stock index futures jumped on Wednesday following two days of turbulent trading, helped by stellar results from Microsoft, while investors looked to.

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Kimberly-Clark Earnings, Revenue Beat in Q4

Investing.com – Kimberly-Clark (NYSE:KMB) reported on Wednesday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations. Kimberly-Clark announced earnings per share of $1.3 on revenue of $4.97B. Analysts polled.

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Boeing sinks to loss on $4.5 billion charges related to 787 delays

By Uday Sampath Kumar and Eric M. Johnson (Reuters) -Boeing Co said on Wednesday it incurred $4.5 billion charges in the fourth quarter on its sidelined 787 program, obscuring the.

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CFPB head: banks’ overdraft fee changes show progress, but ‘it is not enough’

NEW YORK (Reuters) – The head of the Consumer Financial Protection Bureau said on Wednesday that the changes that big U.S. banks have made to overdraft fees in recent months.

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Mattel reclaims rights for Disney Princess toys from Hasbro

By Praveen Paramasivam and Uday Sampath Kumar (Reuters) -Mattel Inc on Wednesday won the rights to produce dolls based on Disney royalty like Elsa and Jasmine, snatching back a highly.

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F5 Networks Tanks as Supply Chain Issues Force Annual Outlook Cut

By Dhirendra Tripathi Investing.com – F5 Networks stock (NASDAQ:FFIV) plunged 15% Wednesday as supply chain constraints led the cloud security company to lower its annual outlook. “While demand for its.

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Fauci says ‘prudent’ to have Omicron vaccine, but may not be needed

WASHINGTON (Reuters) -A COVID-19 vaccine specifically targeting the Omicron variant would be “prudent” even if it ultimately may not be needed, the top U.S. infectious disease official said on Tuesday.

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Talks between oil companies, U.S. union intensify as deadline nears

HOUSTON (Reuters) – Talks for a new national contract for U.S. refinery and chemical plant workers intensified on Monday between the United Steelworkers Union (USW) and oil companies, the union.

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Walmart’s Mexico unit considers ‘strategic alternatives’ in Central America

MEXICO CITY (Reuters) -Walmart’s Mexico unit said on Monday it is considering “strategic alternatives” to its operations in Central America, including a sale or joint venture, a move analysts said.

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China’s Tencent fires 70 staff, blacklists 13 firms in anti-graft campaign

SHANGHAI (Reuters) – Tencent Holdings (OTC:TCEHY), China’s biggest social media and video games company, on Tuesday said it fired nearly 70 staff over bribery and embezzlement incidents last year and.

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